...a) Acquisition analysis at 1 July 2010 Net FV of identifiable assets and liabilities of Cook Ltd: = $480,000 + $80,000 + $120,000 (equity) + $10,000 (1 – 30%) (BCVR - inventory) + $8,000 (1 – 30%) (BCVR – land) + $20,000 (1 – 30%) (BCVR – plant) + $9,000 (1 – 30%) (BCVR – trademark) - $7,000 (1 – 30%) (BCVR – contingent liability) - $40,000 (goodwill) = $668,000 Consideration transferred = $600,000 FV of previously held equity interest = $200,000 Aggregate investment = $600,000 + $200,000 - $32,000 (dividend receivable) = $768,000 Goodwill = $768,000 - $668,000 = $100,000 Recorded goodwill = $40,000 Unrecorded goodwill = $60,000 b) Consolidation worksheet entries at 1 July 2010 Business combination valuation entries 1) Inventory 10,000 Deferred tax liability 3,000 Business combination valuation reserve 7,000 2) Land 8,000 Deferred tax liability 2,400 Business combination valuation reserve 5,600 3) Accumulated depreciation 60,000 Plant 60,000 4) Plant 20,000 Deferred tax liability 6,000 Business combination valuation reserve 14,000 5) Trademark 9,000 Deferred tax liability 2,700 Business combination valuation reserve 6,300 6) Business combination valuation reserve 4,900 Deferred tax asset 2,100 Contingent liability 7,000 7) Goodwill ...
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...Students, please view the "Submit a Clickable Rubric Assignment" in the Student Center. Instructors, training on how to grade is within the Instructor Center. Assignment 1: Corporate Responsibility and Marketing Strategies Due Week 3 and worth 240 points Use the Internet to research the Apple Corporation, its current position and reputation regarding ethical and social responsibility, and the strategies that it currently employs to market its products. Write a six to eight (6-8) page paper in which you: 1. Examine Apple’s current position on the company’s ethical and social responsibilities, and determine whether or not the company has met these responsibilities. Provide two (2) examples that support your position. 2. Determine the impact that the publication of ethics and social responsibilities violations made by Apple’s suppliers has had on Apple’s reputation. Support your response with examples of the impact in question. 3. Suggest two (2) methods that Apple can utilize to ensure that its suppliers adhere to wage and benefits standards going forward. Justify your response. 4. Determine whether or not you believe that Apple’s customers would be willing to pay more for its products if Apple had to increase selling prices in order to provide better wages and benefits for suppliers’ workers. Provide a rationale for your position. 5. Analyze Apple’s current overall marketing strategy. Recommend two (2) actions that Apple can take in order to improve its...
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...Assignment 1: Vice President of Operations, Part 1 Due Week 3 and worth 200 points Scenario: Imagine that you are the vice president of operations at a production or service organization. You have noticed that your organization’s current operations strategy is not supporting the challenges that the organization is presently facing. In order to maintain a competitive edge, you must address these challenges with your Chief Executive Officer immediately. Select an existing production organization. Analyze the organization’s current vision, mission, business strategy, operation strategy, supply chain, total quality management, just-in-time philosophy, forecasting method, statistical technique, facility location, work design, project life cycle, and project management. Note: You will need this information in order to complete this and subsequent assignments. As you collect the information for Assignment 1 and Assignment 2, remember that in Assignment 3 you must prepare a presentation for your Chief Executive Officer. Write a three to five (3-5) page paper in which you: 1. Evaluate key elements of the selected production or service organization’s operational efficiency with its operational strategy. Determine three (3) tasks that do not align with the operational strategy. Determine the weaknesses that are evident in each task. 2. Formulate a new operations strategy for the selected organization based on the four (4) competitive priorities (i.e., cost, quality, time...
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...Week 1 Assignment Rogelio Santos EDU 639 Human Relations. & Learning in the Multi. Envmnt Instructor: Dr. Rojas April 8, 2013 A few years ago I had an Asian boy in one of my classes. Before he even stepped into my class I did some research on him. I did it because actually was doing the right thing. I wanted to know if the student spoke English, and I also wanted to find out what was his ethnicity. Well my student spoke a few words in English and he was Korean. I learned to phrases in Korean Welcome 환영합니다 (hwangyong-hamnida), Please to meet you 만나서 반갑습니다 (Mannaseo bangapseumnida). I really practiced the pronunciation. When the student arrived into my classroom he did not look at me he kept his head down and was very quiet. As my class filled up, my first word to everyone was Welcome, in Spanish Bienvenidos, and in Korean 환영합니다 (hwangyong-hamnida). The boy head popped out of his seat. He looked at me and just had a huge smile on his face. As the year went by we communicated with paper and a pencil as he became more comfortable speaking English he began communicate he became more vocal in class. In conclusion, I saw myself in him. My parents brought me over from Mexico into the United States. They wanted a better life. I was scared lost and confused until I met Mrs. Martinez she welcomed me in Spanish and all my fears went away. I felt comfortable. I believe it is important for teachers to work towards understanding their student’s culture. Allow the student...
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...Week 7 Assignment: Salem Manufacturing Directions For this assignment, you’ll read about Salem Manufacturing and answer the question that follows. This assignment is due at 11:59 p.m. on the seventh day of Week 7. Grading Criteria Use the following criteria to guide your work for your Week 7 assignment. Tasks | Target: | Week 7 Assignment: Salem Manufacturing | This assignment will be graded by a key provided by the instructor. Weekly assignments are worth 40 percent of your final grade, with the instructor taking the best four scores out of the five weekly assignments. (10 points) | Hedging using Foreign Currency Derivatives Shiela Penny is the Chief Financial Officer [CFO] of SALEM Manufacturing, a U.S. based manufacturer of gas turbine equipment. She has just concluded negotiations for the sale of a turbine generator to Crown, a British firm for One million pounds. This single sale is quite large in relation to SALEM’s present business. SALEM has no other current foreign customers, so the currency risk of this sale is of particular concern. The sale is made in September with payment due three months later in December. Shiela Penny has collected the following financial market information for the analysis of her currency exposure problem: Spot Exchange rate: $1.5640 per British pound. 1,000,000 x 1.5640 = 1,564,000 Three month forward rate: $1.5549 per pound 1,000,000 x 1.5549 = 1,554,900 SALEM’s cost of capital: 16% U.K...
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...1-finance is essentially any transaction in which money or money like instrument is exchanged for another money or money like instrument. So we can say the concept of finance is very old it, has taken place probably since the roman or the Chinese dynasty era. Finance is used in the market. A market is a place that allows forces of demand and supply to operate. Where sellers and buyers trade services goods, contracts, for money or barter, this is the place where finance also takes place. You can’t have one without the other. There are different types of markets, according to our book in United States there is real estate market, the internet and commodity market. All these market have one thing is common which is finance, they all involve some type of trade, information trade, goods trade and property exchanged for some type of money. 2-Economic capital is the money value, how much monetary asset it has to cover expenses, and other financial needs; it’s what we consider solvency. Financial capital it’s a much broader term, it’s anything related to money and assets to a company, it’s a dollar value claim on economic capital which includes cash, accounts receivables, stocks, and bonds. 3-Oportunity cost is the benefits you could have received by taking an alternative action, for example investing money in a savings account where you get 3% interest or on a another type of investment where you could have received 10% interest. Entrepreneurs face this dilemma every time they make...
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...The E-Commerce website I chose to access is www.abcdistributing.com. The online store has many items to choose from, which can appeal to many online shoppers. Some of the items they sell are under the heading of For the Home, Apparel + Beauty, Garden, Housewares + Dining, Toys + Sports, Bed + Bath, Sale, and More Departments, which include, Books + Media, Gifts, Pets, Purses + Travel, Bags, Electronics, Storage, Stationery + Crafts, Home Improvement, Baby, and Holiday. They have a quick order form for return shoppers and offer free catalogs for anyone interested in buying their products. ABC Distributing has Ubiquity because anyone can access the site anywhere, anytime to create customer convenience. They also offer low priced, affordable products. The company has a wide global reach. Anyone with a computer can type the website address in and shop at this site. The home page came up first when I visited this site, at the top left hand corner of the page there is a picture of the World. When I saw this it made me think they will ship orders to customers everywhere. The site uses universal standards that are for the internet. Because they use the internet to sell their products, they can pass the savings on to the online consumers. Just click on any item on the site and the price is displayed for all to see. The site is full of richness and provides cues for the consumer to be able to easily make a purchase. The site is very interactive. The consumer can click on any one of...
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...There are many different components that make up a PC. Each component is design to contribute to the function of the PC in a different matter. For example the Mother board is the main circuit board of the pc. It's sword of a thin plate that holds the CPU, memory, connectors for the hard drive and optical drives. It also holds the expansion cards that control the video and audio, and connections to your computer's ports like the USB ports. The motherboard can also connect directly or indirectly to every part of the computer. Another component of the PC is the Processor also known as the CPU. The CPU can also be consider the brain of the computer and can be located inside the computer case on the motherboard. The purpose of the CPU is to carry out commands. For Example when you press a key, click the mouse, or start an application, you're sending instructions to the CPU. The memory on the PC aka RAM is the system short-term memory. Whenever the PC is shut off the temporary data that was stored disappears. If you ever need something to stay on the computer than you would save it, but when you do that it’s saved to something called the hard drive. The hard drive of the PC is the long term memory of the PC. The hard drive is where the PC software is found also. To start anything you need a source of power. Well on a PC it’s the Power supply that gets the PC going. The power takes the power from the wall outlet to the type of power needed by the computer. Then it will send the power...
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...Using Toulmin’s Model to Analyze an Argument Van Thach (16008035) ITT-Technical Institute Mrs. Mary Dietz EN1420 Composition II Analysis 2.1 There are many story children’s books are containing violence and sexually language. There is a mom of two kids, one of them is five, whom like to read book. The Tango, it is one story children’s book comprises the same-sex couples in it. Her parents are trying to find the best way to explain to her whenever she has raised the questions about the characters in the book because “Sam” has two moms in the story. Also the kid at that age has egocentric so they need to know why even though; it is not a big deal to adult. She explains to her kid that God took seed from two different genders for creating a child, but in this case, the father is not here yet, therefore. The kid soon forgets the question and turns to other thing. In the same way, Little Tango is the first penguin in the zoo has two daddies. This is a challenge for the parents to search information inside the book to explain for their kid at home. There is a lot of way to be a family and here is a lot of way to leave family as the birds have different feather. (Claim) The story children’s book should not contains sexually and violence because their awareness will not property into the plot of story. I agree that because children’s comprehending has a limited into a point of view. They just cannot image how could it happen and they will continually be confusing themselves...
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...Chapter 1: The objective of financial reporting Chapter 1 describes the objective of financial reporting, the primary user group to which financial reporting is directed, the types of decisions made by that group and the financial information useful to that group in making those decisions. 1. The boards decided that an entity’s financial reporting should be prepared from the perspective of the entity (entity perspective) rather than the perspective of its owners or a particular class of owners (proprietary perspective). Do you agree with the boards’ conclusion and the basis for it? If not, why? Yes, we agree with the boards’ conclusion about the preparation of the entity’s financial reports from the entity perspective because this is in correspondence with the current situation of entities. In other words, under the entity perspective, the reporting entity has substance by its own; contrary to the situation under the proprietary perspective where it does not have substance separately from the proprietary one. The proprietary perspective is more accurate to the situation where entities do not exist separately from its owners or to those days where most businesses were sole proprietorships and partnerships that were managed by their owners. Nowadays, the separation between managers and owner grew, most of today’s businesses have legal substance, and multiple capital providers with limited legal liability being more appropriate, in our opinion, the entity adopted perspective...
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...Define the following terms: 1. Horizontal Cable : A type of inside cable designed for horizontal use in non-plenum areas. While horizontal cable must be fire retardant, the National Electrical Code (NEC) specifications are not as demanding as those governing the use of plenum cable or riser cable. See also NEC, plenum, plenum cable, and riser cable. 2. Backbone Cable : Backbone cabling is the inter-building and intra-building cable connections in structured cabling between entrance facilities, equipment rooms and telecommunications closets. Backbone cabling consists of the transmission media, main and intermediate cross-connects and terminations at these locations. This system is mostly used in data centers. 3. Patch Cords: a short cord with a plug at each end, or a plug at one end and a pair of clips at the other, used for temporarily connecting two pieces of equipment or signal paths. 4. Connectors: A device for holding two parts of an electrical conductor in contact. 5. Conduit: A tube or duct for enclosing electric wires or cable. 6. Racks: A computer rack (commonly called a rack) is a metal frame used to hold various hardware devices such as servers, hard disk drives, modems and other electronic equipment. Some may refer to a rack as "LAN or network furniture" as resembles a shelving structure where components can be attached vertically, stacked on top of one another. A computer rack can also be called a relay rack or open rack. 7...
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...Assignment 1: Social Media La-Nika Romain Gayles Professor Scott Levassuer Business Law I August 10, 2014 Assignment 1: Social Media In this paper, I will explain how Facebook utilizes the four components of legal astute social media marketing manager who utilizes social media outlets for consumer transactions and how each component can mitigate the risk involved in doing business in cyberspace. I will also list and analyze methods of alternative dispute resolutions and determine which would be most effective in resolving genuine disputes that may arise with consumers who may make purchases from links affiliated with social media. In addition I will examine how the federal government make control these transactions, since these transactions can occur across state lines. I will also examine the (3) branches of government and discuss which can make the most significant impact on regulating consumer transactions via social media. Lastly I will explain the agency relationship that exists on social media provider, and business that utilizes sites for advertisement. Social Media Facebook is a very popular social media site where users can express the way the feel freely without being judge. On this specific site they user can post pictures, videos and very amusing status. This site is also a way a person can keep in touch with family and friends from near and far. I can additionally say that I am also a member of the Facebook trend that has caught on and I have been...
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...teeth, her gums had to be packed with gauze to soak up the excessive bleeding. Childbirth was extremely dangerous, and doctors refused to perform elective surgery on some family members for fear of fatal bleeds. “They tried numerous treatments,” says Milewicz, a medical geneticist at the University of Texas Health Science Center at Houston. “But nothing seemed to help very much in this family.” Milewicz agreed to investigate what came to be known as the East Texas bleeding disorder, and she obtained blood samples from 16 family members affected by the disorder and 13 who were unaffected. The family did not want to be interviewed or identified. Through a linkage analysis, Milewicz and her colleagues focused on a region of chromosome 1 that contained the gene for a coagulation factor called factor V (FV). The variant they identified in the gene seemed like a great lead, given FV’s crucial role in developing blood clots. But when they took a closer look, they found that the resulting amino acid change was in a portion of the protein that gets cleaved off from a precursor of FV before it becomes active in coagulation. Furthermore, activity assays showed FV was behaving properly in the patients. “Our conclusion was this wasn’t causing the...
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...Michael Wilson| MBA6004 | February 13, 2014 Michael Wilson| MBA6004 | February 13, 2014 Unit 6 Assignment 1 Strategy recommendation Unit 6 Assignment 1 Strategy recommendation Identifying a Business 2 CURRENT USE OF THE WEB _________________________________________________________2 IMPLICATIONS OF THE WEB_________________________________________________________2 ETHICS OF USING THE WEB _________________________________________________________4 CONCLUSION_______________________________________________________________________5 Identifying a Business For my pre-writing strategy recommendation business will be Wal-Mart. As a retail giant, many people use Wal-Mart for many different reasons, such reasons are: grocery shopping, appliance shopping, electronics and other goods offered at the store. With so many ways to peak consumers interest Wal-Mart has to be diversified on how it reaches it consumers. Today Wal-Mart has television commercials, ads in newspapers and on the radio, plus a website for ways they entice consumers to shop at their stores. I chose Wal-Mart because of its vast potential in its use for the internet. Current Use of the Web Wal-Mart’s easy to use website also allows customers to pay their Wal-Mart cards on-line as well as purchase items from its on-line store. Currently Wal-Mart uses the web for inventory, re-ordering items that running low in supply. According to Karpinski (2002), “Wal-Mart mandated that all its suppliers begin to move all...
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...Electronic Surveillance of Employees Electronic Surveillance of Employees Your Name Date Your School/Instructor/Class Electronic Surveillance of Employees 1. Explain where an employee can reasonably expect to have privacy in the workplace Today, employees grow increasingly concerned about their workplace privacy, because employers have been closely monitoring them through electronic surveillance more now than a decade ago. In some states, there are efforts made to try and cease the monitoring, however they are having little luck, and the debate will seemingly exist for years to come. In my opinion, employees should only expect to have privacy in restrooms, and break rooms in business organizations. In the case of the car sales business, the desks were appropriate for the type of business conducted, and the area is open so there is an open communication between customer and salesperson. 2. In the office workplace there are typically two types of workspaces, an open area, in which there are several desks and where conversations can be overhead, or an enclosed office, in which—when the door is closed—conversations cannot be heard and where one would expect virtually total privacy. Explain whether it makes a difference if an employee is in an open area or in an enclosed office. In a setting that is closed should only be done, if the supervisor needs personal information...
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