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Resources Unlimited Corporation

Resources Unlimited Corporation. Javon Annie Oh MSM 630 Bellevue University. History of the Organization. 1985 Formed from Merger of Two C ompanies Largest Gas Distribution Network Deregulation of the Natural Gas Industry Use of Derivatives and Hedges Discrimination Suit

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Resources Unlimited Corporation

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  1. Resources Unlimited Corporation Javon Annie Oh MSM 630 Bellevue University

  2. History of the Organization • 1985 Formed from Merger of Two Companies • Largest Gas Distribution Network • Deregulation of the Natural Gas Industry • Use of Derivatives and Hedges • Discrimination Suit • 1994 Entered Bankruptcy

  3. Quarterly Profits

  4. Analysis of Senior Leaders • No Clear Leadership • Not Responsive • Not Reactive • Lack of Communication • Lack of Integrity • Unethical Accounting Practices

  5. Gas & Oil Accounts • 1988 • 60 Oil Accounts • 32 Gas Accounts • Projection for 1990 • 86 Oil Accounts • Unable to Determine the Number of Gas Accounts

  6. Salary Ranges Mean $52,333 Male Salary

  7. Salary Recommendation • Male Salary • Mean $52,333 • Standard Deviation $2,516 • Female Salary $32,000 • Does Not Fall Within the Mean or Standard Deviation of Men's Salary • Recommended Adjustment of Female Salary • $52,000

  8. Actions Taken • Insufficient Cash Flow • 500 Gas Accounts • Cash Flow for 30 Days • Transfer of Gas Accounts • Not Enough to Avoid Bankruptcy • Bankruptcy was filed • June 1994

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