Office Depot

Research Assignment for Principles of Accounting for Managers Yearly Financial drumhead for 2004 for mooring Depot Presented by John C. Mcloughlin 31 January 2006 Office Depot When an investor decides to place their bullion into a certain rail line, there are several ascertain factors. Some of these include price of the stock, reputation of the business, and certain trends the business has followed. When speaking of the latter, trends, the investor would like to see the business making money, only not having peaked. A certain business with its roots right on here in South Florida is Office Depot, and they have shown a steady and solidly upward moneymaking trend for its stockholders. Office Depot was formed in 1986 and its first store was unfastened in Fort Lauderdale. The first Chairman and Chief administrator Officer was David Fuente. Office Depot went public in 1988, with awing success. In 1990 Office Depot had 173 stores in 27 states plot merging with Office Club, Inc. The growth of Office Depot did not only occur domestically, they also opened stores in Israel and Colombia.

As Office Depot continually grew in strength and holdings, the come with also was taking over several other major office supply corporations. Beginning in 1992 when the acquired H. Q. Office International, Inc. move through 1994 with the acquisition of Wilson Stationary & Printing Company as well as Eastman Office Products Corporation. The growth was also seen across the international market, as mentioned before stores were already opened in Colombia and Israel, this was only the beginning. Between 1995 and 1998 Office Depot opened stores in Poland, Hungary, Thailand, Mexico, France, and Japan; all of these were under either international licensing agreements or joint venture agreements. These joint venture agreements were eventually bought by the Office... If you want to get a full essay, order it on our website: Orderessay

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