This case is a comparative analysis of the strategy, accounting, performance, and valuation for two restaurant chains alternatively having a company-owned versus franchising strategy. It requires students to identify these two different strategies, and the related impact on the financial...

Traditional methods of calculating the value of Pi are approximate. This article demonstrates that there is an accurate method for calculating its value to 16 significant digits based on the performance of a computer program in Turbo C 2.0 including formulas resulting from the combination of...

While RMB is pegged to the US dollar, the exchange rate between RMB and the euro is not fixed, due to that the exchange rate between the euro and the US dollar is not fixed. Since RMB is not a small currency, its peg to the US dollar would have at least two profound effects on the foreign...