Thor, Inc. acquired partial or full ownership in several companies in 2011-2012 to expand its defense industry footprint. It also invested in trading securities. In 2011, it acquired stakes in Spiderman Co., Wasp Inc., Ant-Man Mfg., and Hulk Industries. It acquired 100% of Falcon Corp. bonds and 100% of Hulk Industries. In 2012, it acquired more of Wasp and stakes in Captain America Inc. and Iron Man Enterprises. It continued trading securities and divested its interest in Spiderman Co. The companies reported various earnings and dividend amounts over the periods.
Global Trust Bank collapsed in 2004 due to unethical practices of its promoters including connections to a stock scam, misleading financial reports, and excessive risky lending. The Reserve Bank of India was criticized for its slow response despite knowing of problems as early as 2001. GTB was eventually merged with Oriental Bank of Commerce after its net worth turned negative and capital adequacy ratio fell, in an effort by regulators to protect depositors. However, the failure of GTB also highlighted shortcomings in banking regulation and oversight in India at the time.
The document is a project report on mergers and acquisitions in the banking sector of India. It includes an abstract, introduction, objectives, scope and coverage, literature review, research methodology, and conceptualization of mergers and acquisitions. Specifically, it discusses the difference between mergers and acquisitions, with mergers involving the combination of two companies into one new entity under companies law and the court, while acquisitions refer to one company gaining controlling interest in another without combination under SEBI regulations. The report focuses on studying the merger between Global Trust Bank and Oriental Bank of Commerce in 2004.
The document discusses mergers and acquisitions, providing definitions and examples. It describes the typical stages in an M&A deal including preliminary assessment, proposal, exit planning, and integration. Key factors driving M&A activity in India are also summarized such as increasing competition and globalization.
On January 1- 2011- the Moody Company entered into a transaction for 1.docxdorisevans99695
On January 1, 2011, the Moody Company entered into a transaction for 100% of the outstanding common stock of Osorio Company. To acquire these shares, Moody issued $400 in long-term liabilities and 40 shares of common stock having a par value of $1 per share but a fair value of $10 per share. Moody paid $20 to lawyers, accountants, and brokers for assistance in bringing about this acquisition. Another $15 was paid in connection with stock issuance costs. Prior to these transactions, the balance sheets for the two companies were as follows:
In Moody\'s appraisal of Osorio, three assets were deemed to be undervalued on the subsidiary\'s books: Inventory by $10, Land by $40, and Buildings by $60.
Compute the amount of consolidated additional paid-in capital at date of acquisition.
A. $1,080
B. $1,420
C. $1,065
D. $1,425
E. $1,440
Solution
The amount of consolidated additional paid in capital at date of acquisition is $1425
($1080 + $340 + 25 -15 = $1425)
.
Week 6 assignment· do problems 1, 2 3 and 4 (see below)· Reso.docxmelbruce90096
Week 6 assignment:
· do problems 1, 2 3 and 4 (see below)
· Resource: Chapters. 11 and 12 of your text.
· Submit as either a Microsoft® Excel® or Microsoft® Word document (Excel is preferred)
Problem #1 -- Issuing stock
Bellvue Products Inc., a wholesaler of office products, was organized on January 30 of the current year, with an authorization of 80,000 shares of 2% preferred stock, $75 par and 800,000 shares of $20 par common stock. The following selected transactions were completed during the first year of operations:
Jan. 30. Issued 300,000 shares of common stock at par for cash.
31. Issued 750 shares of common stock at par to an attorney in payment of legal fees for organizing the corporation.
Feb. 21. Issued 32,000 shares of common stock in exchange for land, buildings, and equipment with fair market prices of $150,000, $460,000, and $90,000, respectively.
Mar. 2. Issued 15,000 shares of preferred stock at $77.50 for cash. Journalize the transactions.
Journalize the entries to record the transactions.
Problem #2 – Treasury stock transactions
Tom’s Lawn Equipment Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On June 19 of the current year, Tom’s Lawn Equipment Inc. reacquired 24,000 shares of its common stock at $64 per share. On August 30, 19,000 of the reacquired shares were sold at $68 per share, and on September 6, 3,000 of the reacquired shares were sold at $70.
a. Journalize the transactions of June 19, August 30, and September 6.
b. What is the balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year?
c. What is the balance in Treasury Stock on December 31 of the current year?
d. How will the balance in Treasury Stock be reported on the balance sheet?
Problem #3 -- Entries for selected corporate transactions
Bath ‘n More Inc. manufactures bathroom fixtures. The stockholders' equity accounts of Bath ‘n More Inc., with balances on January 1, 2012, are as follows:
Common Stock, $10 stated value (600,000 shares authorized, 400,000 shares issued) $4,000,000
Paid-In Capital in Excess of Stated Value 750,000
Retained Earnings 9,150,000
Treasury Stock (40,000 shares, at cost) 600,000
The following selected transactions occurred during the year:
Jan. 4. Paid cash dividends of $0.13 per share on the common stock. The dividend had been properly recorded when declared on December 1 of the preceding fiscal year for $46,800.
Apr. 3. Issued 75,000 shares of common stock for $1,200,000.
June 6. Sold all of the treasury stock for $725,000.
July 1. Declared a 4% stock dividend on common stock, to be capitalized at the market price of the stock, which is $18 per share.
Aug. 15. Issued the certificates for the dividend declared on July 1.
Nov. 10. Purchased 25,000 shares of treasury stock for $500,000.
Dec. 27. Declared a $0.16-per-share dividend on common stock.
31. Closed the credit balance of the income summary account, $950,000.
31. Closed the two divid.
Prepare the stockholders' equity section of Headland Corporation's bal.pdfsunglasses24
Prepare the stockholders' equity section of Headland Corporation's balance sheet as of December
31,2020 . (Enter account nome only and do not provide descriptlve information) On January 5,
2020, Headland Corporation received a charter granting the right to issue 4,800 shares of $100
par value, 8% cumulative and nonparticipating preferred stock, and 46,600 shares of $10 par
value common stock. It then completed these transactions. Jan. 11 Issued 19,200 shares of
common stock at $14 per share. Feb. 1 Issued to Sanchez Corp. 4,100 shares of preferred stock
for the following assets: equipment with a fair value of $54 , 700 ; a factory building with a fair
value of $156 , 000 ; and land with an appraised value of $293.000 . July 29 Purchased 1,700
shares of common stock at $17 per share. (Use cost method.) Aug. 10 Sold the 1,700 treasury
shares at $15 per share. Dec. 31 Declared a $0.40 per share cash dividend on the cormmon stock
and declared the preferred dividend. Dec.31 Closed the income Summary account. There was a
$181 , 300 net income..
1. Mike has come to you with these statements about corporations.docxjackiewalcutt
1. Mike has come to you with these statements about corporations:
a) Corporation management is both an advantage and a disadvantage of a corporation compared to a proprietorship or a partnership.
b) Limited liability of stockholders, government regulations, and additional taxes are the major disadvantages of a corporation.
c) When a corporation is formed, organization costs are recorded as an asset.
d) Each share of common stock gives the stockholder the ownership rights to vote at stockholder meetings, share in corporate earnings, keep the same percentage ownership when new shares of stock are issued, and share in assets upon liquidation.
e) The number of issued shares is always greater than or equal to the number of authorized shares.
f) A journal entry is required for the authorization of capital stock.
g) Publicly held corporations usually issue stock directly to investors.
h) The trading of capital stock on a securities exchange involves the transfer of already issued shares from an existing stockholder to another investor.
i) The market price of common stock is usually the same as its par value.
j) Retained earnings is the total amount of cash and other assets paid in to the corporation by stockholders in exchange for capital stock.
Directions
Indicate whether each statement is true orfalse. Iffalse, identify a way to correct the statement.
2. During its first year of operations, Plight Corporation had the following transactions pertaining to common stock.
Jan. 10 Issued 70,000 shares for cash at $5 per share.
July 1 Issued 40,000 shares for cash at $7 per share.
Directions
(a) Journalize the transactions, assuming that the common stock has a par value of $5 per share.
(b) Journalize the transactions, assuming that the common stock is no-par with a stated value of $1 per share.
3. Locket Co. had the following transactions during the current period:
Mar. 2nd Issued 5,000 shares of $5 par value common stock to attorneys in payment of a bill for $30,000 for services performed in helping the company to incorporate.
June 12th Issued 60,000 shares of $5 par value common stock for cash of $375,000.
July 11th Issued 1,000 shares of $100 par value preferred stock for cash at $110 per share.
Nov. 28th Purchased 2,000 shares of treasury stock for $80,000.
Directions
Journalize these transactions for Locket.
4. On January 1, 2015, the stockholders’ equity section ofHarlequin Corporation shows common stock ($5 par value) $1,500,000; paid-in capital in excess of par $1,000,000; and retained earnings $1,200,000. During the year, the corporation entered into the following treasury stock transactions.
Mar. 1st Purchased 50,000 shares for cash at $15 per share.
July 1st Re-issued 10,000 treasury shares for cash at $17 per share.
Sept. 1st Sold 8,000 treasury shares for cash at $14 per share.
Directions
(a) Journalize the treasury stock transactions.
(b) Revise the entry for September 1st, assuming the treasury shares were sold at $12 ...
2024 State of Marketing Report – by HubspotMarius Sescu
https://www.hubspot.com/state-of-marketing
· Scaling relationships and proving ROI
· Social media is the place for search, sales, and service
· Authentic influencer partnerships fuel brand growth
· The strongest connections happen via call, click, chat, and camera.
· Time saved with AI leads to more creative work
· Seeking: A single source of truth
· TLDR; Get on social, try AI, and align your systems.
· More human marketing, powered by robots
Global Trust Bank collapsed in 2004 due to unethical practices of its promoters including connections to a stock scam, misleading financial reports, and excessive risky lending. The Reserve Bank of India was criticized for its slow response despite knowing of problems as early as 2001. GTB was eventually merged with Oriental Bank of Commerce after its net worth turned negative and capital adequacy ratio fell, in an effort by regulators to protect depositors. However, the failure of GTB also highlighted shortcomings in banking regulation and oversight in India at the time.
The document is a project report on mergers and acquisitions in the banking sector of India. It includes an abstract, introduction, objectives, scope and coverage, literature review, research methodology, and conceptualization of mergers and acquisitions. Specifically, it discusses the difference between mergers and acquisitions, with mergers involving the combination of two companies into one new entity under companies law and the court, while acquisitions refer to one company gaining controlling interest in another without combination under SEBI regulations. The report focuses on studying the merger between Global Trust Bank and Oriental Bank of Commerce in 2004.
The document discusses mergers and acquisitions, providing definitions and examples. It describes the typical stages in an M&A deal including preliminary assessment, proposal, exit planning, and integration. Key factors driving M&A activity in India are also summarized such as increasing competition and globalization.
On January 1- 2011- the Moody Company entered into a transaction for 1.docxdorisevans99695
On January 1, 2011, the Moody Company entered into a transaction for 100% of the outstanding common stock of Osorio Company. To acquire these shares, Moody issued $400 in long-term liabilities and 40 shares of common stock having a par value of $1 per share but a fair value of $10 per share. Moody paid $20 to lawyers, accountants, and brokers for assistance in bringing about this acquisition. Another $15 was paid in connection with stock issuance costs. Prior to these transactions, the balance sheets for the two companies were as follows:
In Moody\'s appraisal of Osorio, three assets were deemed to be undervalued on the subsidiary\'s books: Inventory by $10, Land by $40, and Buildings by $60.
Compute the amount of consolidated additional paid-in capital at date of acquisition.
A. $1,080
B. $1,420
C. $1,065
D. $1,425
E. $1,440
Solution
The amount of consolidated additional paid in capital at date of acquisition is $1425
($1080 + $340 + 25 -15 = $1425)
.
Week 6 assignment· do problems 1, 2 3 and 4 (see below)· Reso.docxmelbruce90096
Week 6 assignment:
· do problems 1, 2 3 and 4 (see below)
· Resource: Chapters. 11 and 12 of your text.
· Submit as either a Microsoft® Excel® or Microsoft® Word document (Excel is preferred)
Problem #1 -- Issuing stock
Bellvue Products Inc., a wholesaler of office products, was organized on January 30 of the current year, with an authorization of 80,000 shares of 2% preferred stock, $75 par and 800,000 shares of $20 par common stock. The following selected transactions were completed during the first year of operations:
Jan. 30. Issued 300,000 shares of common stock at par for cash.
31. Issued 750 shares of common stock at par to an attorney in payment of legal fees for organizing the corporation.
Feb. 21. Issued 32,000 shares of common stock in exchange for land, buildings, and equipment with fair market prices of $150,000, $460,000, and $90,000, respectively.
Mar. 2. Issued 15,000 shares of preferred stock at $77.50 for cash. Journalize the transactions.
Journalize the entries to record the transactions.
Problem #2 – Treasury stock transactions
Tom’s Lawn Equipment Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On June 19 of the current year, Tom’s Lawn Equipment Inc. reacquired 24,000 shares of its common stock at $64 per share. On August 30, 19,000 of the reacquired shares were sold at $68 per share, and on September 6, 3,000 of the reacquired shares were sold at $70.
a. Journalize the transactions of June 19, August 30, and September 6.
b. What is the balance in Paid-In Capital from Sale of Treasury Stock on December 31 of the current year?
c. What is the balance in Treasury Stock on December 31 of the current year?
d. How will the balance in Treasury Stock be reported on the balance sheet?
Problem #3 -- Entries for selected corporate transactions
Bath ‘n More Inc. manufactures bathroom fixtures. The stockholders' equity accounts of Bath ‘n More Inc., with balances on January 1, 2012, are as follows:
Common Stock, $10 stated value (600,000 shares authorized, 400,000 shares issued) $4,000,000
Paid-In Capital in Excess of Stated Value 750,000
Retained Earnings 9,150,000
Treasury Stock (40,000 shares, at cost) 600,000
The following selected transactions occurred during the year:
Jan. 4. Paid cash dividends of $0.13 per share on the common stock. The dividend had been properly recorded when declared on December 1 of the preceding fiscal year for $46,800.
Apr. 3. Issued 75,000 shares of common stock for $1,200,000.
June 6. Sold all of the treasury stock for $725,000.
July 1. Declared a 4% stock dividend on common stock, to be capitalized at the market price of the stock, which is $18 per share.
Aug. 15. Issued the certificates for the dividend declared on July 1.
Nov. 10. Purchased 25,000 shares of treasury stock for $500,000.
Dec. 27. Declared a $0.16-per-share dividend on common stock.
31. Closed the credit balance of the income summary account, $950,000.
31. Closed the two divid.
Prepare the stockholders' equity section of Headland Corporation's bal.pdfsunglasses24
Prepare the stockholders' equity section of Headland Corporation's balance sheet as of December
31,2020 . (Enter account nome only and do not provide descriptlve information) On January 5,
2020, Headland Corporation received a charter granting the right to issue 4,800 shares of $100
par value, 8% cumulative and nonparticipating preferred stock, and 46,600 shares of $10 par
value common stock. It then completed these transactions. Jan. 11 Issued 19,200 shares of
common stock at $14 per share. Feb. 1 Issued to Sanchez Corp. 4,100 shares of preferred stock
for the following assets: equipment with a fair value of $54 , 700 ; a factory building with a fair
value of $156 , 000 ; and land with an appraised value of $293.000 . July 29 Purchased 1,700
shares of common stock at $17 per share. (Use cost method.) Aug. 10 Sold the 1,700 treasury
shares at $15 per share. Dec. 31 Declared a $0.40 per share cash dividend on the cormmon stock
and declared the preferred dividend. Dec.31 Closed the income Summary account. There was a
$181 , 300 net income..
1. Mike has come to you with these statements about corporations.docxjackiewalcutt
1. Mike has come to you with these statements about corporations:
a) Corporation management is both an advantage and a disadvantage of a corporation compared to a proprietorship or a partnership.
b) Limited liability of stockholders, government regulations, and additional taxes are the major disadvantages of a corporation.
c) When a corporation is formed, organization costs are recorded as an asset.
d) Each share of common stock gives the stockholder the ownership rights to vote at stockholder meetings, share in corporate earnings, keep the same percentage ownership when new shares of stock are issued, and share in assets upon liquidation.
e) The number of issued shares is always greater than or equal to the number of authorized shares.
f) A journal entry is required for the authorization of capital stock.
g) Publicly held corporations usually issue stock directly to investors.
h) The trading of capital stock on a securities exchange involves the transfer of already issued shares from an existing stockholder to another investor.
i) The market price of common stock is usually the same as its par value.
j) Retained earnings is the total amount of cash and other assets paid in to the corporation by stockholders in exchange for capital stock.
Directions
Indicate whether each statement is true orfalse. Iffalse, identify a way to correct the statement.
2. During its first year of operations, Plight Corporation had the following transactions pertaining to common stock.
Jan. 10 Issued 70,000 shares for cash at $5 per share.
July 1 Issued 40,000 shares for cash at $7 per share.
Directions
(a) Journalize the transactions, assuming that the common stock has a par value of $5 per share.
(b) Journalize the transactions, assuming that the common stock is no-par with a stated value of $1 per share.
3. Locket Co. had the following transactions during the current period:
Mar. 2nd Issued 5,000 shares of $5 par value common stock to attorneys in payment of a bill for $30,000 for services performed in helping the company to incorporate.
June 12th Issued 60,000 shares of $5 par value common stock for cash of $375,000.
July 11th Issued 1,000 shares of $100 par value preferred stock for cash at $110 per share.
Nov. 28th Purchased 2,000 shares of treasury stock for $80,000.
Directions
Journalize these transactions for Locket.
4. On January 1, 2015, the stockholders’ equity section ofHarlequin Corporation shows common stock ($5 par value) $1,500,000; paid-in capital in excess of par $1,000,000; and retained earnings $1,200,000. During the year, the corporation entered into the following treasury stock transactions.
Mar. 1st Purchased 50,000 shares for cash at $15 per share.
July 1st Re-issued 10,000 treasury shares for cash at $17 per share.
Sept. 1st Sold 8,000 treasury shares for cash at $14 per share.
Directions
(a) Journalize the treasury stock transactions.
(b) Revise the entry for September 1st, assuming the treasury shares were sold at $12 ...
2024 State of Marketing Report – by HubspotMarius Sescu
https://www.hubspot.com/state-of-marketing
· Scaling relationships and proving ROI
· Social media is the place for search, sales, and service
· Authentic influencer partnerships fuel brand growth
· The strongest connections happen via call, click, chat, and camera.
· Time saved with AI leads to more creative work
· Seeking: A single source of truth
· TLDR; Get on social, try AI, and align your systems.
· More human marketing, powered by robots
ChatGPT is a revolutionary addition to the world since its introduction in 2022. A big shift in the sector of information gathering and processing happened because of this chatbot. What is the story of ChatGPT? How is the bot responding to prompts and generating contents? Swipe through these slides prepared by Expeed Software, a web development company regarding the development and technical intricacies of ChatGPT!
Product Design Trends in 2024 | Teenage EngineeringsPixeldarts
The realm of product design is a constantly changing environment where technology and style intersect. Every year introduces fresh challenges and exciting trends that mold the future of this captivating art form. In this piece, we delve into the significant trends set to influence the look and functionality of product design in the year 2024.
How Race, Age and Gender Shape Attitudes Towards Mental HealthThinkNow
Mental health has been in the news quite a bit lately. Dozens of U.S. states are currently suing Meta for contributing to the youth mental health crisis by inserting addictive features into their products, while the U.S. Surgeon General is touring the nation to bring awareness to the growing epidemic of loneliness and isolation. The country has endured periods of low national morale, such as in the 1970s when high inflation and the energy crisis worsened public sentiment following the Vietnam War. The current mood, however, feels different. Gallup recently reported that national mental health is at an all-time low, with few bright spots to lift spirits.
To better understand how Americans are feeling and their attitudes towards mental health in general, ThinkNow conducted a nationally representative quantitative survey of 1,500 respondents and found some interesting differences among ethnic, age and gender groups.
Technology
For example, 52% agree that technology and social media have a negative impact on mental health, but when broken out by race, 61% of Whites felt technology had a negative effect, and only 48% of Hispanics thought it did.
While technology has helped us keep in touch with friends and family in faraway places, it appears to have degraded our ability to connect in person. Staying connected online is a double-edged sword since the same news feed that brings us pictures of the grandkids and fluffy kittens also feeds us news about the wars in Israel and Ukraine, the dysfunction in Washington, the latest mass shooting and the climate crisis.
Hispanics may have a built-in defense against the isolation technology breeds, owing to their large, multigenerational households, strong social support systems, and tendency to use social media to stay connected with relatives abroad.
Age and Gender
When asked how individuals rate their mental health, men rate it higher than women by 11 percentage points, and Baby Boomers rank it highest at 83%, saying it’s good or excellent vs. 57% of Gen Z saying the same.
Gen Z spends the most amount of time on social media, so the notion that social media negatively affects mental health appears to be correlated. Unfortunately, Gen Z is also the generation that’s least comfortable discussing mental health concerns with healthcare professionals. Only 40% of them state they’re comfortable discussing their issues with a professional compared to 60% of Millennials and 65% of Boomers.
Race Affects Attitudes
As seen in previous research conducted by ThinkNow, Asian Americans lag other groups when it comes to awareness of mental health issues. Twenty-four percent of Asian Americans believe that having a mental health issue is a sign of weakness compared to the 16% average for all groups. Asians are also considerably less likely to be aware of mental health services in their communities (42% vs. 55%) and most likely to seek out information on social media (51% vs. 35%).
AI Trends in Creative Operations 2024 by Artwork Flow.pdfmarketingartwork
Creative operations teams expect increased AI use in 2024. Currently, over half of tasks are not AI-enabled, but this is expected to decrease in the coming year. ChatGPT is the most popular AI tool currently. Business leaders are more actively exploring AI benefits than individual contributors. Most respondents do not believe AI will impact workforce size in 2024. However, some inhibitions still exist around AI accuracy and lack of understanding. Creatives primarily want to use AI to save time on mundane tasks and boost productivity.
Organizational culture includes values, norms, systems, symbols, language, assumptions, beliefs, and habits that influence employee behaviors and how people interpret those behaviors. It is important because culture can help or hinder a company's success. Some key aspects of Netflix's culture that help it achieve results include hiring smartly so every position has stars, focusing on attitude over just aptitude, and having a strict policy against peacocks, whiners, and jerks.
PEPSICO Presentation to CAGNY Conference Feb 2024Neil Kimberley
PepsiCo provided a safe harbor statement noting that any forward-looking statements are based on currently available information and are subject to risks and uncertainties. It also provided information on non-GAAP measures and directing readers to its website for disclosure and reconciliation. The document then discussed PepsiCo's business overview, including that it is a global beverage and convenient food company with iconic brands, $91 billion in net revenue in 2023, and nearly $14 billion in core operating profit. It operates through a divisional structure with a focus on local consumers.
Content Methodology: A Best Practices Report (Webinar)contently
This document provides an overview of content methodology best practices. It defines content methodology as establishing objectives, KPIs, and a culture of continuous learning and iteration. An effective methodology focuses on connecting with audiences, creating optimal content, and optimizing processes. It also discusses why a methodology is needed due to the competitive landscape, proliferation of channels, and opportunities for improvement. Components of an effective methodology include defining objectives and KPIs, audience analysis, identifying opportunities, and evaluating resources. The document concludes with recommendations around creating a content plan, testing and optimizing content over 90 days.
How to Prepare For a Successful Job Search for 2024Albert Qian
The document provides guidance on preparing a job search for 2024. It discusses the state of the job market, focusing on growth in AI and healthcare but also continued layoffs. It recommends figuring out what you want to do by researching interests and skills, then conducting informational interviews. The job search should involve building a personal brand on LinkedIn, actively applying to jobs, tailoring resumes and interviews, maintaining job hunting as a habit, and continuing self-improvement. Once hired, the document advises setting new goals and keeping skills and networking active in case of future opportunities.
A report by thenetworkone and Kurio.
The contributing experts and agencies are (in an alphabetical order): Sylwia Rytel, Social Media Supervisor, 180heartbeats + JUNG v MATT (PL), Sharlene Jenner, Vice President - Director of Engagement Strategy, Abelson Taylor (USA), Alex Casanovas, Digital Director, Atrevia (ES), Dora Beilin, Senior Social Strategist, Barrett Hoffher (USA), Min Seo, Campaign Director, Brand New Agency (KR), Deshé M. Gully, Associate Strategist, Day One Agency (USA), Francesca Trevisan, Strategist, Different (IT), Trevor Crossman, CX and Digital Transformation Director; Olivia Hussey, Strategic Planner; Simi Srinarula, Social Media Manager, The Hallway (AUS), James Hebbert, Managing Director, Hylink (CN / UK), Mundy Álvarez, Planning Director; Pedro Rojas, Social Media Manager; Pancho González, CCO, Inbrax (CH), Oana Oprea, Head of Digital Planning, Jam Session Agency (RO), Amy Bottrill, Social Account Director, Launch (UK), Gaby Arriaga, Founder, Leonardo1452 (MX), Shantesh S Row, Creative Director, Liwa (UAE), Rajesh Mehta, Chief Strategy Officer; Dhruv Gaur, Digital Planning Lead; Leonie Mergulhao, Account Supervisor - Social Media & PR, Medulla (IN), Aurelija Plioplytė, Head of Digital & Social, Not Perfect (LI), Daiana Khaidargaliyeva, Account Manager, Osaka Labs (UK / USA), Stefanie Söhnchen, Vice President Digital, PIABO Communications (DE), Elisabeth Winiartati, Managing Consultant, Head of Global Integrated Communications; Lydia Aprina, Account Manager, Integrated Marketing and Communications; Nita Prabowo, Account Manager, Integrated Marketing and Communications; Okhi, Web Developer, PNTR Group (ID), Kei Obusan, Insights Director; Daffi Ranandi, Insights Manager, Radarr (SG), Gautam Reghunath, Co-founder & CEO, Talented (IN), Donagh Humphreys, Head of Social and Digital Innovation, THINKHOUSE (IRE), Sarah Yim, Strategy Director, Zulu Alpha Kilo (CA).
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
The search marketing landscape is evolving rapidly with new technologies, and professionals, like you, rely on innovative paid search strategies to meet changing demands.
It’s important that you’re ready to implement new strategies in 2024.
Check this out and learn the top trends in paid search advertising that are expected to gain traction, so you can drive higher ROI more efficiently in 2024.
You’ll learn:
- The latest trends in AI and automation, and what this means for an evolving paid search ecosystem.
- New developments in privacy and data regulation.
- Emerging ad formats that are expected to make an impact next year.
Watch Sreekant Lanka from iQuanti and Irina Klein from OneMain Financial as they dive into the future of paid search and explore the trends, strategies, and technologies that will shape the search marketing landscape.
If you’re looking to assess your paid search strategy and design an industry-aligned plan for 2024, then this webinar is for you.
5 Public speaking tips from TED - Visualized summarySpeakerHub
From their humble beginnings in 1984, TED has grown into the world’s most powerful amplifier for speakers and thought-leaders to share their ideas. They have over 2,400 filmed talks (not including the 30,000+ TEDx videos) freely available online, and have hosted over 17,500 events around the world.
With over one billion views in a year, it’s no wonder that so many speakers are looking to TED for ideas on how to share their message more effectively.
The article “5 Public-Speaking Tips TED Gives Its Speakers”, by Carmine Gallo for Forbes, gives speakers five practical ways to connect with their audience, and effectively share their ideas on stage.
Whether you are gearing up to get on a TED stage yourself, or just want to master the skills that so many of their speakers possess, these tips and quotes from Chris Anderson, the TED Talks Curator, will encourage you to make the most impactful impression on your audience.
See the full article and more summaries like this on SpeakerHub here: https://speakerhub.com/blog/5-presentation-tips-ted-gives-its-speakers
See the original article on Forbes here:
http://www.forbes.com/forbes/welcome/?toURL=http://www.forbes.com/sites/carminegallo/2016/05/06/5-public-speaking-tips-ted-gives-its-speakers/&refURL=&referrer=#5c07a8221d9b
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
Everyone is in agreement that ChatGPT (and other generative AI tools) will shape the future of work. Yet there is little consensus on exactly how, when, and to what extent this technology will change our world.
Businesses that extract maximum value from ChatGPT will use it as a collaborative tool for everything from brainstorming to technical maintenance.
For individuals, now is the time to pinpoint the skills the future professional will need to thrive in the AI age.
Check out this presentation to understand what ChatGPT is, how it will shape the future of work, and how you can prepare to take advantage.
The document provides career advice for getting into the tech field, including:
- Doing projects and internships in college to build a portfolio.
- Learning about different roles and technologies through industry research.
- Contributing to open source projects to build experience and network.
- Developing a personal brand through a website and social media presence.
- Networking through events, communities, and finding a mentor.
- Practicing interviews through mock interviews and whiteboarding coding questions.
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
1. Core updates from Google periodically change how its algorithms assess and rank websites and pages. This can impact rankings through shifts in user intent, site quality issues being caught up to, world events influencing queries, and overhauls to search like the E-A-T framework.
2. There are many possible user intents beyond just transactional, navigational and informational. Identifying intent shifts is important during core updates. Sites may need to optimize for new intents through different content types and sections.
3. Responding effectively to core updates requires analyzing "before and after" data to understand changes, identifying new intents or page types, and ensuring content matches appropriate intents across video, images, knowledge graphs and more.
A brief introduction to DataScience with explaining of the concepts, algorithms, machine learning, supervised and unsupervised learning, clustering, statistics, data preprocessing, real-world applications etc.
It's part of a Data Science Corner Campaign where I will be discussing the fundamentals of DataScience, AIML, Statistics etc.
Time Management & Productivity - Best PracticesVit Horky
Here's my presentation on by proven best practices how to manage your work time effectively and how to improve your productivity. It includes practical tips and how to use tools such as Slack, Google Apps, Hubspot, Google Calendar, Gmail and others.
The six step guide to practical project managementMindGenius
The six step guide to practical project management
If you think managing projects is too difficult, think again.
We’ve stripped back project management processes to the
basics – to make it quicker and easier, without sacrificing
the vital ingredients for success.
“If you’re looking for some real-world guidance, then The Six Step Guide to Practical Project Management will help.”
Dr Andrew Makar, Tactical Project Management
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Applitools
During this webinar, Anand Bagmar demonstrates how AI tools such as ChatGPT can be applied to various stages of the software development life cycle (SDLC) using an eCommerce application case study. Find the on-demand recording and more info at https://applitools.info/b59
Key takeaways:
• Learn how to use ChatGPT to add AI power to your testing and test automation
• Understand the limitations of the technology and where human expertise is crucial
• Gain insight into different AI-based tools
• Adopt AI-based tools to stay relevant and optimize work for developers and testers
* ChatGPT and OpenAI belong to OpenAI, L.L.C.
ChatGPT is a revolutionary addition to the world since its introduction in 2022. A big shift in the sector of information gathering and processing happened because of this chatbot. What is the story of ChatGPT? How is the bot responding to prompts and generating contents? Swipe through these slides prepared by Expeed Software, a web development company regarding the development and technical intricacies of ChatGPT!
Product Design Trends in 2024 | Teenage EngineeringsPixeldarts
The realm of product design is a constantly changing environment where technology and style intersect. Every year introduces fresh challenges and exciting trends that mold the future of this captivating art form. In this piece, we delve into the significant trends set to influence the look and functionality of product design in the year 2024.
How Race, Age and Gender Shape Attitudes Towards Mental HealthThinkNow
Mental health has been in the news quite a bit lately. Dozens of U.S. states are currently suing Meta for contributing to the youth mental health crisis by inserting addictive features into their products, while the U.S. Surgeon General is touring the nation to bring awareness to the growing epidemic of loneliness and isolation. The country has endured periods of low national morale, such as in the 1970s when high inflation and the energy crisis worsened public sentiment following the Vietnam War. The current mood, however, feels different. Gallup recently reported that national mental health is at an all-time low, with few bright spots to lift spirits.
To better understand how Americans are feeling and their attitudes towards mental health in general, ThinkNow conducted a nationally representative quantitative survey of 1,500 respondents and found some interesting differences among ethnic, age and gender groups.
Technology
For example, 52% agree that technology and social media have a negative impact on mental health, but when broken out by race, 61% of Whites felt technology had a negative effect, and only 48% of Hispanics thought it did.
While technology has helped us keep in touch with friends and family in faraway places, it appears to have degraded our ability to connect in person. Staying connected online is a double-edged sword since the same news feed that brings us pictures of the grandkids and fluffy kittens also feeds us news about the wars in Israel and Ukraine, the dysfunction in Washington, the latest mass shooting and the climate crisis.
Hispanics may have a built-in defense against the isolation technology breeds, owing to their large, multigenerational households, strong social support systems, and tendency to use social media to stay connected with relatives abroad.
Age and Gender
When asked how individuals rate their mental health, men rate it higher than women by 11 percentage points, and Baby Boomers rank it highest at 83%, saying it’s good or excellent vs. 57% of Gen Z saying the same.
Gen Z spends the most amount of time on social media, so the notion that social media negatively affects mental health appears to be correlated. Unfortunately, Gen Z is also the generation that’s least comfortable discussing mental health concerns with healthcare professionals. Only 40% of them state they’re comfortable discussing their issues with a professional compared to 60% of Millennials and 65% of Boomers.
Race Affects Attitudes
As seen in previous research conducted by ThinkNow, Asian Americans lag other groups when it comes to awareness of mental health issues. Twenty-four percent of Asian Americans believe that having a mental health issue is a sign of weakness compared to the 16% average for all groups. Asians are also considerably less likely to be aware of mental health services in their communities (42% vs. 55%) and most likely to seek out information on social media (51% vs. 35%).
AI Trends in Creative Operations 2024 by Artwork Flow.pdfmarketingartwork
Creative operations teams expect increased AI use in 2024. Currently, over half of tasks are not AI-enabled, but this is expected to decrease in the coming year. ChatGPT is the most popular AI tool currently. Business leaders are more actively exploring AI benefits than individual contributors. Most respondents do not believe AI will impact workforce size in 2024. However, some inhibitions still exist around AI accuracy and lack of understanding. Creatives primarily want to use AI to save time on mundane tasks and boost productivity.
Organizational culture includes values, norms, systems, symbols, language, assumptions, beliefs, and habits that influence employee behaviors and how people interpret those behaviors. It is important because culture can help or hinder a company's success. Some key aspects of Netflix's culture that help it achieve results include hiring smartly so every position has stars, focusing on attitude over just aptitude, and having a strict policy against peacocks, whiners, and jerks.
PEPSICO Presentation to CAGNY Conference Feb 2024Neil Kimberley
PepsiCo provided a safe harbor statement noting that any forward-looking statements are based on currently available information and are subject to risks and uncertainties. It also provided information on non-GAAP measures and directing readers to its website for disclosure and reconciliation. The document then discussed PepsiCo's business overview, including that it is a global beverage and convenient food company with iconic brands, $91 billion in net revenue in 2023, and nearly $14 billion in core operating profit. It operates through a divisional structure with a focus on local consumers.
Content Methodology: A Best Practices Report (Webinar)contently
This document provides an overview of content methodology best practices. It defines content methodology as establishing objectives, KPIs, and a culture of continuous learning and iteration. An effective methodology focuses on connecting with audiences, creating optimal content, and optimizing processes. It also discusses why a methodology is needed due to the competitive landscape, proliferation of channels, and opportunities for improvement. Components of an effective methodology include defining objectives and KPIs, audience analysis, identifying opportunities, and evaluating resources. The document concludes with recommendations around creating a content plan, testing and optimizing content over 90 days.
How to Prepare For a Successful Job Search for 2024Albert Qian
The document provides guidance on preparing a job search for 2024. It discusses the state of the job market, focusing on growth in AI and healthcare but also continued layoffs. It recommends figuring out what you want to do by researching interests and skills, then conducting informational interviews. The job search should involve building a personal brand on LinkedIn, actively applying to jobs, tailoring resumes and interviews, maintaining job hunting as a habit, and continuing self-improvement. Once hired, the document advises setting new goals and keeping skills and networking active in case of future opportunities.
A report by thenetworkone and Kurio.
The contributing experts and agencies are (in an alphabetical order): Sylwia Rytel, Social Media Supervisor, 180heartbeats + JUNG v MATT (PL), Sharlene Jenner, Vice President - Director of Engagement Strategy, Abelson Taylor (USA), Alex Casanovas, Digital Director, Atrevia (ES), Dora Beilin, Senior Social Strategist, Barrett Hoffher (USA), Min Seo, Campaign Director, Brand New Agency (KR), Deshé M. Gully, Associate Strategist, Day One Agency (USA), Francesca Trevisan, Strategist, Different (IT), Trevor Crossman, CX and Digital Transformation Director; Olivia Hussey, Strategic Planner; Simi Srinarula, Social Media Manager, The Hallway (AUS), James Hebbert, Managing Director, Hylink (CN / UK), Mundy Álvarez, Planning Director; Pedro Rojas, Social Media Manager; Pancho González, CCO, Inbrax (CH), Oana Oprea, Head of Digital Planning, Jam Session Agency (RO), Amy Bottrill, Social Account Director, Launch (UK), Gaby Arriaga, Founder, Leonardo1452 (MX), Shantesh S Row, Creative Director, Liwa (UAE), Rajesh Mehta, Chief Strategy Officer; Dhruv Gaur, Digital Planning Lead; Leonie Mergulhao, Account Supervisor - Social Media & PR, Medulla (IN), Aurelija Plioplytė, Head of Digital & Social, Not Perfect (LI), Daiana Khaidargaliyeva, Account Manager, Osaka Labs (UK / USA), Stefanie Söhnchen, Vice President Digital, PIABO Communications (DE), Elisabeth Winiartati, Managing Consultant, Head of Global Integrated Communications; Lydia Aprina, Account Manager, Integrated Marketing and Communications; Nita Prabowo, Account Manager, Integrated Marketing and Communications; Okhi, Web Developer, PNTR Group (ID), Kei Obusan, Insights Director; Daffi Ranandi, Insights Manager, Radarr (SG), Gautam Reghunath, Co-founder & CEO, Talented (IN), Donagh Humphreys, Head of Social and Digital Innovation, THINKHOUSE (IRE), Sarah Yim, Strategy Director, Zulu Alpha Kilo (CA).
Trends In Paid Search: Navigating The Digital Landscape In 2024Search Engine Journal
The search marketing landscape is evolving rapidly with new technologies, and professionals, like you, rely on innovative paid search strategies to meet changing demands.
It’s important that you’re ready to implement new strategies in 2024.
Check this out and learn the top trends in paid search advertising that are expected to gain traction, so you can drive higher ROI more efficiently in 2024.
You’ll learn:
- The latest trends in AI and automation, and what this means for an evolving paid search ecosystem.
- New developments in privacy and data regulation.
- Emerging ad formats that are expected to make an impact next year.
Watch Sreekant Lanka from iQuanti and Irina Klein from OneMain Financial as they dive into the future of paid search and explore the trends, strategies, and technologies that will shape the search marketing landscape.
If you’re looking to assess your paid search strategy and design an industry-aligned plan for 2024, then this webinar is for you.
5 Public speaking tips from TED - Visualized summarySpeakerHub
From their humble beginnings in 1984, TED has grown into the world’s most powerful amplifier for speakers and thought-leaders to share their ideas. They have over 2,400 filmed talks (not including the 30,000+ TEDx videos) freely available online, and have hosted over 17,500 events around the world.
With over one billion views in a year, it’s no wonder that so many speakers are looking to TED for ideas on how to share their message more effectively.
The article “5 Public-Speaking Tips TED Gives Its Speakers”, by Carmine Gallo for Forbes, gives speakers five practical ways to connect with their audience, and effectively share their ideas on stage.
Whether you are gearing up to get on a TED stage yourself, or just want to master the skills that so many of their speakers possess, these tips and quotes from Chris Anderson, the TED Talks Curator, will encourage you to make the most impactful impression on your audience.
See the full article and more summaries like this on SpeakerHub here: https://speakerhub.com/blog/5-presentation-tips-ted-gives-its-speakers
See the original article on Forbes here:
http://www.forbes.com/forbes/welcome/?toURL=http://www.forbes.com/sites/carminegallo/2016/05/06/5-public-speaking-tips-ted-gives-its-speakers/&refURL=&referrer=#5c07a8221d9b
ChatGPT and the Future of Work - Clark Boyd Clark Boyd
Everyone is in agreement that ChatGPT (and other generative AI tools) will shape the future of work. Yet there is little consensus on exactly how, when, and to what extent this technology will change our world.
Businesses that extract maximum value from ChatGPT will use it as a collaborative tool for everything from brainstorming to technical maintenance.
For individuals, now is the time to pinpoint the skills the future professional will need to thrive in the AI age.
Check out this presentation to understand what ChatGPT is, how it will shape the future of work, and how you can prepare to take advantage.
The document provides career advice for getting into the tech field, including:
- Doing projects and internships in college to build a portfolio.
- Learning about different roles and technologies through industry research.
- Contributing to open source projects to build experience and network.
- Developing a personal brand through a website and social media presence.
- Networking through events, communities, and finding a mentor.
- Practicing interviews through mock interviews and whiteboarding coding questions.
Google's Just Not That Into You: Understanding Core Updates & Search IntentLily Ray
1. Core updates from Google periodically change how its algorithms assess and rank websites and pages. This can impact rankings through shifts in user intent, site quality issues being caught up to, world events influencing queries, and overhauls to search like the E-A-T framework.
2. There are many possible user intents beyond just transactional, navigational and informational. Identifying intent shifts is important during core updates. Sites may need to optimize for new intents through different content types and sections.
3. Responding effectively to core updates requires analyzing "before and after" data to understand changes, identifying new intents or page types, and ensuring content matches appropriate intents across video, images, knowledge graphs and more.
A brief introduction to DataScience with explaining of the concepts, algorithms, machine learning, supervised and unsupervised learning, clustering, statistics, data preprocessing, real-world applications etc.
It's part of a Data Science Corner Campaign where I will be discussing the fundamentals of DataScience, AIML, Statistics etc.
Time Management & Productivity - Best PracticesVit Horky
Here's my presentation on by proven best practices how to manage your work time effectively and how to improve your productivity. It includes practical tips and how to use tools such as Slack, Google Apps, Hubspot, Google Calendar, Gmail and others.
The six step guide to practical project managementMindGenius
The six step guide to practical project management
If you think managing projects is too difficult, think again.
We’ve stripped back project management processes to the
basics – to make it quicker and easier, without sacrificing
the vital ingredients for success.
“If you’re looking for some real-world guidance, then The Six Step Guide to Practical Project Management will help.”
Dr Andrew Makar, Tactical Project Management
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...Applitools
During this webinar, Anand Bagmar demonstrates how AI tools such as ChatGPT can be applied to various stages of the software development life cycle (SDLC) using an eCommerce application case study. Find the on-demand recording and more info at https://applitools.info/b59
Key takeaways:
• Learn how to use ChatGPT to add AI power to your testing and test automation
• Understand the limitations of the technology and where human expertise is crucial
• Gain insight into different AI-based tools
• Adopt AI-based tools to stay relevant and optimize work for developers and testers
* ChatGPT and OpenAI belong to OpenAI, L.L.C.
Unlocking the Power of ChatGPT and AI in Testing - A Real-World Look, present...
Consolidation Project Document F2014_FINAL
1. Acct 416 – Advanced Accounting
Investment Project – FALL 2014
Odin Allfather, Chairman of the Board of Thor, Inc. (named after his son, Thor Odinson,
who is now President) presided over the December 2010 Board meeting via
teleconference from his retirement home in the gated Asgard community in Colorado.
Thor is a major defense contractor with a reusable missile system called Mjolnir
(nicknamed “The Hammer”). The company had recently won a large trademark lawsuit
against Kree, Inc., whose President Ronan T. Accuser had tried to market its universal
weapons system as “The Hammer”. Odin directed Thor to invest the money temporarily
and begin to seek acquisitions to expand the company’s footprint in the defense industry.
Year 1 – 2011
Trading Securities
On January 1, 2011, Thor made the following acquisitions of securities for trading
purposes (all costs include brokerage and other fees):
• Acquired 100,000 shares of Luke Cage Co. for $900,000
• Acquired 20,000 shares of Black Panther Inc. for $105,000
• Acquired 70,000 shares of Tigra Enterprises for $600,000
• Acquired 20,000 shares of Swordsman Inc. for $800,000
• Acquired 50,000 shares of Quicksilver Co. for $490,000
• Acquired 15,000 shares of Scarlet Witch Inc. for $615,000
• Acquired 19,200 shares of Starfox Ltd. for $480,000
• Acquired 90,000 shares of Moondragon Enterprises for 450,000
• Acquired 200,000 preferred shares of Captain Marvel Co. for $5,800,000. This is
6% preferred stock with a par value of $5,000,000.
• Acquired 10% bonds from The Beast Corp. at their face value on the date of issue
for $1,800,000. Interest is paid on December 31 and June 30.
• Acquired 400,000 common shares of Spiderwoman, Inc. for $4,400,000
On February 28, 2011 Thor had the following trading security transactions
• Sold all its shares in Starfox Ltd. for $405,000
• Sold all its shares in Moondragon Enterprises for $480,000
On March 31, 2011 Thor had the following trading security transactions
• Sold all its shares in Tigra Enterprises for $680,000
• Sold all its shares in Swordsman Inc. for $815,000
On June 30, 2011 Thor has the following trading security transactions
• Received interest on The Beast Corp. bonds
On December 21, 2011 Thor has the following trading security transactions
• Received annual dividends on the Captain Marvel preferred shares.
Page 1 of 20
2. Acct 416 – Advanced Accounting
Investment Project – FALL 2014
Trading Securities continued
On December 31, 2011 Thor has the following trading security transactions
• Sold all its shares in Luke Cage Co. for $910,000
• Sold all its shares in Black Panther Inc. for $100,000
• Sold all its shares in Quicksilver Co. for $500,000
• Sold all its shares in Scarlet Witch, Inc. for $610,000
• Received interest on The Beast Corp. bonds
• The fair value of The Beast Corp. bonds was $1,670,000
• The fair value of the Captain Marvel preferred shares was $27.50 per share
• The fair value of the Spiderwoman common shares was $11.50 per share.
During 2011 Thor received dividends on the common shares held of $375,000. There is
no accrual required at year-end for interest or dividends on Trading securities.
Spiderman Co.
On January 1st
, after holiday negotiations with its President, Peter Parker, Thor acquired
40% of Spiderman Co. for $240,000. This acquisition gave them significant influence.
Spiderman has developed proprietary electronic web surveillance technology that can be
adapted to the defense industry. At the date of acquisition, Spiderman’s total book value
was $270,000 and the book value of its recorded assets equaled their fair value.
However, they had Unpatented Technology (10 year life) related to their business that
was not recorded on their books valued at $300,000.
During the last quarter of 2011, Thor sold some electronic components to Spiderman.
They sold inventory that they had originally purchased for $30,000 to Spiderman for
$50,000. At December 31, 2011 Spiderman still had $10,000 (at the sales price) of
inventory on hand. Spiderman reported earnings of $200,000 and paid dividends of
$32,000 for the full year.
Wasp, Inc.
Also on January 1st
, Thor acquired 10% of Wasp, Inc. for $210,000. The investment was
made at the recommendation of a Board member who was a personal friend of Wasp’s
President, Janet Van Dyne. Wasp is a manufacturer of drones. Thor classified the
investment as available for sale. During 2011, Wasp reported net income of $240,000
and paid dividends of $90,000. The fair value of the investment was $200,000 on
12/31/11.
Falcon Corp
On March 1st
, Thor acquired $800,000 face value bonds (8% stated rate) originally issued
by Falcon Corp. on the open market for the expected market price given a 6% yield for
bonds of similar risk and maturity. The bonds pay interest on March 1 and September 1
(Thor acquired them after the 3/1/11 interest payment was made) and mature on 9/1/13.
Thor has both the intent and ability to hold these bonds to maturity. Due to changes in
market conditions, the market value of the bonds is $831,000 at 12/31/11.
Page 2 of 20
3. Acct 416 – Advanced Accounting
Investment Project – FALL 2014
Ant-Man Mfg.
On April 1st
, Thor acquired 40% of Ant-Man Manufacturing for $350,000. Ant-Man’s
founder and President, Henry Pym has been working on technology for robot
miniaturization and control. At the date of acquisition Ant-Man had a book value of
$500,000. Thor determined that the following assets had fair values which differed from
book value on that date:
Book Value Fair Value
Buildings $130,000 $205,000
Equipment $195,000 $245,000
Patents $0 $250,000
The buildings have a remaining life of 20 years, the equipment – 5 years, and the Patents
– 10 years. Ant-Man reported $70,000 of income and $37,500 of dividend payments for
the period 4/1/11 – 12/31/11.
Hulk Industries
On April 30th
, Thor acquired 100% (10,000 shares) of Hulk Industries for $1,200,000 in
cash. The price paid was equal to the total fair value of Hulk. Hulk is doing research in
proprietary nuclear weapons systems. Hulk’s President, Dr. Bruce Bannister was
optimistic that Thor’s acquisition would help stabilize their R&D and produce a more
controllable weapons system. Hulk’s total book value at the date of the acquisition was
$1,140,000. There was a patent on the books (5 year remaining life) for $10,000 that was
determined to have a fair value of $70,000. Hulk reported earnings of $200,000 and paid
dividends of $36,000 for the remainder of 2011 (May – December).
Year 2: 2012
Trading Securities
On June 30, 2012 Thor has the following trading security transactions
• Received interest on The Beast Co. bonds
On August 1, 2012 Thor has the following trading security transactions
• Acquired U.S. Treasury bonds for $560,000
On December 21, 2012 Thor has the following trading security transactions
• Received annual dividends on the Captain Marvel preferred shares.
On December 31, 2012 Thor has the following trading security transactions
• Received interest on The Beast Co. bonds
• Sold The Beast Co. bonds for $1,700,000
• Sold all the preferred shares of Captain Marvel for $30.00 per share.
• Sold all the shares of Spiderwoman Inc. for $10.75 per share.
• The fair value of the U.S. Treasury bonds is $575,000
Page 3 of 20
4. Acct 416 – Advanced Accounting
Investment Project – FALL 2014
During 2012 Thor received $12,000 of interest and $300,000 in dividends. There is no
accrual required at year-end for interest or dividends on trading securities.
Page 4 of 20
5. Acct 416 – Advanced Accounting
Investment Project – FALL 2014
Spiderman Co.
Spiderman sold the remaining inventory purchased from Thor during the first quarter of
2012. Even though Spiderman remained highly profitable and had exceptional future
prospects, Thor Odinson and Peter Parker had significant disagreements about the
marketing and use of Spiderman’s technology and, because of the souring relationship,
Thor sold its interest in Spiderman on August 1st for $465,000 to Oscorp Industries.
Spiderman earned $342,000 in Net Income and had a $75,000 Other Comprehensive Loss
for the full year (both earned evenly throughout the year). They paid quarterly dividends
of $11,250 on March 31, June 30, September 30 and December 31.
Wasp, Inc.
On January 1, 2012, Thor acquired another 30% of Wasp for $600,000 (which gave them
significant influence). Thor determined the following information related to Wasp as of
January 1, 2011 and January 1, 2012:
• The book value of Wasp was $1,850,000 at January 1, 2012.
• Land was undervalued on Wasp’s books by $100,000 on January 1, 2011 and by
$120,000 on January 1, 2012.
• Any additional excess cost to acquire Wasp over its book value was attributable to
an unrecorded trademark with a 10 year life at January 1, 2011 and a 9 year life at
January 1, 2012.
Thor recorded the $600,000 payment to the Investment in Wasp account and recorded the
dividends received to dividend income. Wasp reported net income of $300,000 and paid
dividends of $100,000 in 2012.
Falcon Corp.
The fair value of the bonds was $805,001 at 12/31/12 due to changing market conditions.
Ant-Man Mfg.
Ant-Man reported an 850,000 loss for the year ending 12/31/12. As a result of the loss,
they paid no dividends. The 2012 loss included an extraordinary loss of $1,000,000
(material to Thor’s results) due to an injury lawsuit.
Hulk Industries
Hulk earned $250,000 for the full year and paid dividends of $40,000.
Page 5 of 20
6. Acct 416 – Advanced Accounting
Investment Project – FALL 2014
Captain America Inc.
On January 1, 2012 Thor was able to close on two additional acquisitions. The first was
the acquisition of 80% of Captain America Inc. Steve Rogers, Captain America’s
President and founder has developed a defensive “force-shield”, which complements
Thor’s products. It is hoped that the combined research teams can find ways to use this
shield as an offensive weapon as well. This acquisition cost Thor $275,000 in cash. In
addition, Thor paid $8,000 to a lawyer for services directly related to the combination.
The fair value of the non-controlling interest was determined to be $65,000. At the date
of the acquisition, the following information was available related to recorded assets and
liabilities of Captain America Inc. Both buildings and equipment were determined to
have a remaining life of 5 years. The buildings account represents a single building
housing all of Captain America’s operations. In addition to the recorded assets and
liabilities, Thor determined through an independent appraisal that Captain America had
in-process research & development with a fair value of $10,000. Captain America spent
an additional $15,000 on this project subsequent to the acquisition in 2012.
Captain America Inc. at January 1, 2012
Book Value Market Value
Cash $5,000 $5,000
Accounts Receivable $35,000 $35,000
Inventory $90,000 $90,000
Land $5,000 $10,000
Buildings, net $50,000 $20,000
Equipment, net $70,000 $140,000
Patents $75,000 $75,000
Current Liabilities ($30,000) ($30,000)
Long-Term Debt ($50,000) ($50,000)
During 2012 Captain America reported $75,000 of income and paid dividends of
$45,000.
During 2012, the following inter-company transactions occurred between Thor and
Captain America:
• On May 1, 2012 Captain America issued 8% bonds with a face amount of
$400,000 to obtain funds to build a new building on land that it owns. The bonds
sold for $331,364 and mature in 20 years (2032). The bonds pay interest semi-
annually on May 1 and November 1. Captain America incurred $15,000 of issue
costs (paid to outside legal and printing organizations) associated with these
bonds. Thor purchased all this bond issue and classified it as available for sale on
their books, anticipating that they may sell the bonds on the open market at some
future date. The bonds had a fair value of $347,259 at December 31, 2012.
• Captain America sold inventory to Thor for $70,000. The inventory cost Captain
America $49,000. Thor still had $30,000 of this inventory on hand at 12/31/12
Page 6 of 20
7. Acct 416 – Advanced Accounting
Investment Project – FALL 2014
Iron Man Enterprises
Also on January 1, 2012, Thor acquired 100% of Iron Man Enterprises for $995,925 cash
and 50,000 shares of common stock (par value $1). The stock had a market value of
$22.50 per share at the date of acquisition. There were $25,000 of costs associated with
issuing this stock to Iron Man’s shareholders. In addition to the direct payments to Iron
Man’s shareholders, Thor paid investment banking fees of $200,000 related to the
transaction.
Iron Man manufactures protective metal iron plating for vehicles. There has been
discussion in the past with Thor on developing this plating for human personnel (similar
to “suits of armor”) and adding missile technology to the suits and the hope is that the
combination will move this technology forward. Anthony “Tony” Stark, the founder and
main shareholder of Iron Man drove a hard bargain in the negotiations. Thor also agreed
to pay the shareholders of Iron Man an additional $500,000 if Iron Man hit specific
earnings targets for the 3-year period ending December 31, 2014. At the time of the
acquisition, Iron Man had the following account balances at January 1, 2012:
Book Value Market Value
Cash $120,000 $120,000
Accounts Receivable $230,000 $230,000
Inventory $790,000 $880,000
Land $100,000 $100,000
Buildings, net $250,000 $300,000
Equipment, net $1,270,000 $1,540,000
Current Liabilities ($580,000) ($580,000)
Long-term debt ($700,000) ($720,000)
The land represents a single parcel acquired recently for growth purposes. Long-term
debt matures in five years while inventory is expected to turnover in six months.
Buildings and equipment are assigned remaining lives of ten years. Iron Man had income
of $250,000 and paid dividends of $50,000 in 2012.
At the date of acquisition, Thor believes there is only a 30% chance that Iron Man will hit
the earnings targets. Current interest rates approximate 8%. The obligation was properly
adjusted for any change in probability at December 31, 2012.
Page 7 of 20
8. Acct 416 – Advanced Accounting
Investment Project – FALL 2014
Year 3: 2013
Trading Securities
On April 30, 2013 Thor has the following trading security transactions
• Sold the U.S. Treasury bonds for $570,000
On August 1, 2013 Thor has the following trading security transactions
• Acquired 60,000 shares of The Vision Co. for $480,000
• Acquired 150,000 shares of Wonderman Corp. for $720,000
On September 15, 2013 Thor has the following trading security transactions
• Acquired 26,000 shares of Hellcat Co. for $806,000
On December 31, 2013 Thor has the following trading security transactions
• The fair value of The Vision Co. shares is $560,000
• The fair value of the Wonderman Corp. shares is $660,000
• The fair value of the Hellcat Co. shares are $32.00 per share
During 2013 Thor received interest on the treasury bonds of $9,500 and dividends on the
common shares held of $157,000. There is no accrual required at year-end for interest or
dividends on Trading securities.
Wasp, Inc.
Wasp reported income of $325,000 and paid dividends of $110,000 for 2013.
Ant-Man Mfg.
Ant-Man reported income of $100,000 and paid dividends of $20,000 for 2013. Because
of the effects of the 2012 loss on the investment balance, Thor’s accounting department
recorded the dividends received in 2013 to dividend income.
Hulk Industries
Due to continued instability of Hulk’s research (and also concerns about the stability of
Dr. Bannister as well – he often appeared in corporate meetings in torn clothing) and
reduced profitability, Thor decided to reduce its investment in Hulk. Thor sold 8,500
shares of Hulk on July 31st
for $1,232,500 cash. The payment was considered
proportionate to the full fair value of Hulk. Thor classified the remaining investment in
Hulk as available for sale. Thor’s accounting department recorded the cash received for
the sale as a credit to the Investment in Hulk account and the cash dividends received as
dividend income. Hulk earned $120,000 for the full year (incurred evenly throughout the
year) and paid dividends of $40,000 for the full year (paid in equal amounts of $10,000
on March 31, June 30, September 30, and December 31). The fair value of the remaining
investment in Hulk was $221,250 at December 31, 2013.
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9. Acct 416 – Advanced Accounting
Investment Project – FALL 2014
Captain America, Inc.
On July 1, 2013, after spending an additional $10,000 in 2013 on research and
development, Captain America completed the research project that it had been working
on at the time of Thor’s acquisition. The research yielded workable technology that was
expected to have a 10 year life.
The fair value of the Captain America bonds was $319,259 at 12/31/13.
On July 1, 2013, Captain America completed the construction of its new building and
moved all its equipment to it and began operating there. On October 1, 2013 it sold the
old building to Winter Soldier, Inc. for $15,000.
During 2013, the following additional inter-company transactions occurred between Thor
and Captain America:
• Thor sold the remaining inventory purchased from Captain America in 2012 to
outside parties.
• Captain America sold inventory to Thor for $50,000. The inventory cost Captain
America $20,000. Thor still had $20,000 (at transfer price) of this inventory on
hand at 12/31/13
• Thor sold inventory to Captain America for $160,000 that had originally cost
$112,000. Captain America still had $40,000 (at transfer price) of this inventory
on hand at 12/31/13
Iron Man Enterprises
At December 31, 2013 Thor believes the probability of achieving the earnings targets to
trigger the additional payment to Iron Man’s shareholders is 75%. The obligation has not
been adjusted in 2013.
In July, Iron Man sold land that it had acquired just before its acquisition in 2012 to Thor
for $120,000.
Page 9 of 20
10. Acct 416 – Advanced Accounting
Investment Project – FALL 2014
Hawkeye Corp.
On January 1, 2013 Thor made its largest acquisition. Hawkeye Corp., founded by Clint
Barton, makes guidance systems and missiles with uncanny accuracy. In addition, its
firing systems allow for rapid missile firing in multiple directions, making them both
excellent offensive and defensive weapons. Thor particularly coveted Hawkeye’s
customer lists as Hawkeye sold to a much broader international market and felt that there
could be considerable cost and revenue synergies in a combined business. Hawkeye is
considered a separate segment/reporting unit of Thor. Thor acquired 100% of Hawkeye
Corp. common stock for $11,000,000 in cash and 1,000,000 shares of stock valued at
$25,000,000 at the date of acquisition. They incurred $100,000 of issue costs associated
with the stock issue. Hawkeye had the following book and fair values at the date of
acquisition
Book Value Fair Value
Cash 215,000$ 215,000$
Receivables 525,000$ 525,000$
Inventory 1,025,000$ 1,025,000$
Equipment 19,225,000$ 19,725,000$
Unpatented Technology 4,000,000$
Customer Lists 2,000,000$
Current Liabilities (490,000)$ (490,000)$
Long term debt (6,000,000)$ (6,000,000)$
The equipment has a 10 year life, the unpatented technology a 25 year life and the
customer lists were assigned an indefinite life. Thor used push-down accounting for this
acquisition.
At 12/31/13, Thor’s Controller, Balder, became concerned that the expected synergies
were taking longer than anticipated. Accordingly, to shed some light on the situation, he
performed a full impairment review of the intangibles and goodwill. At 12/31/13 he
determined the total fair value of the Hawkeye business to be $33,000,000. Information
on the intangibles at 12/31/13 is as follows:
Undiscounted
Cash Flows
Discounted Cash
Flows (Fair Value)
Unpatented Technology 4,500,000$ 3,800,000$
Customer Lists 2,100,000$ 1,900,000$
The fair value of Hawkeye’s other identifiable net assets (other than unpatented
technology and customer lists) is $15,560,000 at 12/31/13. Impairment entries (if any)
will only be recorded in the consolidation entries for the 2013 financial statements. They
will be “pushed-down” to the subsidiary books during the next fiscal year.
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11. Acct 416 – Advanced Accounting
Investment Project – FALL 2014
Black Widow Inc.
The final acquisition to date occurred on May 1, 2013. A small defense contractor
known for its spy systems was having some financial difficulties due to some recent bad
press related to the questionable loyalties of its President, Natalia “Natasha” Romanova.
As a result, Thor was able to acquire 70% of Black Widow Inc. for $600,000 in cash.
The fair value of the non-controlling interest was determined to be $285,300. A full trial
balance of Black Widow on the date of acquisition showing both the book value and fair
value (where applicable) follows. Thor has determined that there are no unrecorded
assets or liabilities. Remaining lives for inventory is 5 months; for plant assets – 6 2/3
years; for other intangibles – 9 1/3 years. Specific receivables identified as problems at
the date of acquisition were written off (to expense) by Black Widow after the
acquisition. Thor recorded only its cash payment to the investment account at the
acquisition date.
Trial Balance of Black Widow Inc. as of May 1, 2013
Book Value Fair Value
Cash $130,000 $130,000
Accounts Receivable $190,000 $181,000
Inventory $370,000 $400,000
Land $50,000 $100,000
Equipment, net $1,400,000 $900,000
Patents $140,000 $0
Current Liabilities ($260,000) ($260,000)
Long-Term Debt ($500,000) ($500,000)
Common Stock ($10,000)
Additional Paid-In Capital ($150,000)
Retained Earnings (1/1/13) ($1,320,000)
Sales ($630,000)
Cost of Goods Sold $450,000
Depreciation Expense $85,000
Amortization Expense $5,000
Other Expenses $17,500
Interest Expense $12,500
Dividends $20,000
$0
Page 11 of 20
12. Acct 416 – Advanced Accounting
Investment Project – FALL 2014
Additional Information
At the final Board meeting for the year (2013), Thor’s directors (with concurrence from
the shareholders) voted to change the name of the company to The Avengers Company to
recognize their more diversified defense products.
For 2013, except as noted, the accounting department of The Avengers has recorded any
interest and dividends received properly. They have not recorded any other 2013
equity method entries, fair value adjustments related to passive investments, or any
year-end accruals related to interest. All subsidiary books are closed and all
necessary accruals and adjustments for 2013 and prior years have been properly
recorded there – only the parent company books are not complete. All accruals and
fair value adjustments were properly recorded in prior years.
You will find attached a copy of the individual company financial statements as of
December 31, 2013 (these amounts are already recorded on the consolidation spreadsheet
you will be provided). These statements represent the activity for the full year for each
of the companies presented. Remember that you are consolidating 12/31/13 (some
activity described took place in prior years). Unless you are told otherwise, you can
assume that all activity related to these investments occurred as expected and The
Avengers made all entries necessary to properly record and maintain the investments on
their books in prior years and in the current year.
Page 12 of 20
13. Acct 416 – Advanced Accounting
Investment Project – FALL 2014
Requirements
You are to prepare the consolidation worksheet that would be used to create the
consolidated financial statements (Balance Sheet, Income Statement, and Statement of
Retained Earnings) for Avengers as of December 31, 2013. As part of this process, you
are to:
• For each business investment – add a worksheet to the spreadsheet provided for the
consolidation. Show all the work requested below for each business combination on
these worksheets. Use a single worksheet for all the Trading transactions
• All calculations necessary to complete the work below are to be done in Excel and
must be visible there. In particular, if you are required to do a present value
computation, you MUST use the PV function in Excel. Your use of Excel will be
part of your final grade. This includes your ability to maintain the calculations in the
spreadsheet that has been provided to you.
• For each purchase of an investment resulting in significant influence or control -
provide documentation for the purchase price and the complete allocation of the
purchase price, including the computation of the amortization amounts related to any
differences between book value and fair value and the determination of the amount
of goodwill (if any) or gain on bargain purchase (if any).
• Provide all the journal entries that The Avengers actually posted (not what they
should have posted) for the acquisition at the date of each acquisition – including
entries for any acquisition costs or entries required to the books of the acquired
company.
• Provide all entries that The Avengers would have recorded for each year for each
transaction under the equity method or for passive investments. For any bond
investments, provide a complete amortization table (effective rate for discount or
premium, straight-line for any issue costs). You do not have to consider impairments
of passive investments. For UNrealized gains/losses on passive investments,
designate in the account name in the journal entry whether it is recorded to Other
Comprehensive Income (OCI) or the Income Statement (P/L).
• Write any journal entries that The Avengers must make to adjust its own general
ledger at 12/31/13 for errors, adjustments, or omissions related to these investments
transactions. These entries should be posted to the “Adjustments to Avengers”
columns of the spreadsheet provided. All debits should be posted as positive
numbers and all credits as negative numbers!
• For each business in the consolidation, provide a written list of
consolidation/elimination entries necessary to complete the 12/31/13 consolidation
(formal journal entries showing accounts and amounts debited and credited and a
description of the entry).
• Round ALL journal entries to even dollars.
• Post all the consolidation entries that you have written and any required adjustments
to The Avengers books to the Excel spreadsheet that will be available on Moodle.
All debits should be posted as positive numbers and all credits as negative
numbers! It may be necessary to add lines to the spreadsheet to complete the
consolidation. The spreadsheet is currently named “F2014 Investment
Page 13 of 20
14. Acct 416 – Advanced Accounting
Investment Project – FALL 2014
Project_XXX.xls”. You are to replace the XXX with your initials and return to me
via Moodle by 11:55PM on November 9, 2014.
Page 14 of 20
15. Acct 416 – Advanced Accounting
Investment Project – FALL 2014
Individual Financial Statements for The Avengers and its Subsidiaries
For the FULL YEAR ending December 31, 2013
Avengers Inc. Hawkeye
Captain
America Black Widow Iron Man
Income Statement
Sales ($25,766,540) ($12,000,000) ($410,000) ($1,920,000) ($2,850,000)
Other Cost of Goods Sold $14,609,000 $7,337,000 $195,000 $1,160,000 $1,750,000
Depreciation Expense $2,050,000 $2,172,500 $25,750 $295,000 $195,000
Amortization Expense $160,000 $3,750 $15,000
Other Expenses $5,860,000 $500,000 $40,581 $62,500 $322,000
Interest Revenue ($69,576) ($1,824)
Interest Expense $156,512 $630,500 $37,243 $37,500 $63,000
Dividend Income ($188,000)
Realized (Gain)/Loss on Investments ($10,000)
Unrealized (Gain)/Loss on Investments $0
(Gain)/Loss on Sale of Property, Plant & Equipment $0 $17,500 ($20,000)
Net Income ($3,358,604) ($1,200,000) ($92,000) ($350,000) ($540,000)
Statement of Accum. Other Comprehensive Income
Beginning Accumulated Other Comprehensive Income $2,372 $0 $0 $0 $0
Unrealized (Gain)/Loss on Investments (OCI) $0
Total Other Comprehensive Income $0 $0 $0 $0 $0
Ending Accumulated Other Comprehensive Income $2,372 $0 $0 $0 $0
Statement of Retained Earnings
Beginning Retained Earnings ($22,652,710) ($2,000,000) ($150,000) ($1,320,000) ($1,060,000)
Current Income ($3,358,604) ($1,200,000) ($92,000) ($350,000) ($540,000)
Dividends $4,200,000 $800,000 $50,000 $80,000 $200,000
Ending Retained Earnings ($21,811,314) ($2,400,000) ($192,000) ($1,590,000) ($1,400,000)
Balance Sheet
Cash $1,601,000 $389,000 $74,374 $170,000 $304,000
Investments - Trading $2,006,000
Investment Fair Value Adjustment - Trading $15,000
Accounts Receivable $2,053,000 $897,000 $60,000 $260,000 $260,000
Inventory $4,690,000 $1,751,000 $133,000 $410,000 $850,000
Other Current Assets (Misc Receivables, Prepaids, etc.) $50,000
Investments - Available for Sale $650,655
Investment Fair Value Adjustment - Available for Sale $15,128
Investments - Held to Maturity $0
Land $537,000 $220,000 $5,000 $50,000
Buildings, net $1,000,000 $341,250 $1,550,000 $275,000
Equipment, net $4,000,000 $20,203,000 $42,000 $1,481,000
Investment in Wasp $854,000
Investment in Ant-Man
Investment in Hulk
Investment in Captain America $245,400
Investment in Iron Man $2,122,000
Investment in Hawkeye $35,200,000
Investment in Black Widow $558,000
Bond Issue Costs $13,750
Patents $69,000 $130,000
Unpatented Technology $3,840,000
Customer Lists $2,000,000
Goodwill $15,000,000
Total Assets $55,547,183 $44,300,000 $738,374 $2,570,000 $3,220,000
Current Liabilities ($5,140,133) ($650,000) ($43,000) ($320,000) ($500,000)
Contingent Payment Obligation ($214,335)
Other Long-Term Liabilties ($1,000,000) ($7,250,000) ($40,000) ($500,000) ($700,000)
Bonds Payable ($200,000) ($400,000)
Discount on Bonds Payable ($3,773) $66,626
Common Stock ($1,700,000) ($500,000) ($130,000) ($10,000) ($20,000)
Additional Paid-In Capital ($25,480,000) ($12,000,000) ($150,000) ($600,000)
Retained Earnings ($21,811,314) ($2,400,000) ($192,000) ($1,590,000) ($1,400,000)
Accumulated Other Comprehensive Income $2,372 $0 $0 $0 $0
Revaluation of net assets to fair value ($21,500,000)
Total Liabilities & Stockholder's Equity ($55,547,183) ($44,300,000) ($738,374) ($2,570,000) ($3,220,000)
Page 15 of 20
16. Acct 416 – Advanced Accounting
Investment Project – FALL 2014
Process
This is a semester long project. It is given to you on the first day of class and it is due
about 2 weeks before the end of the semester. It requires you to solve problems related to
the material that you have learned in class. It is no different than your homework
EXCEPT that it is bundled into one project with a story written around it. The keys to
completing this project are as follows:
• Attend class, read the material, review the videos and do the homework problems
assigned. Come to each class prepared for the material that we are covering and
ASK QUESTIONS! This is how you learn the material so that you can apply it to
the problems in the project.
• DON’T LET YOURSELF BE OVERWHELMED BY THE SIZE OF THE
PROJECT!!! The project is simply a combination of a lot of smaller problems. So,
do it that way - break the one big project into smaller projects. Do each company
separately – it won’t seem as overwhelming that way.
• Do the project AS YOU LEARN THE MATERIAL. I cannot stress this enough. If
you wait too long to start this project it will become impossible to do. When we
learn about passive investments, do the transactions that relate to passive
investments. When we learn about transactions involving significant influence – do
those transactions. When we learn about control transactions, do those transactions.
• The project will frustrate you. That’s OK – it is meant to do so. However, don’t let
it frustrate you too much. If you keep hitting dead-ends when you are trying to solve
a problem, walk away from it and come back later with a clear mind.
• I am always available to help you. If you just can’t figure out how to approach a
problem – come to see me. You need to be prepared to tell me what you have tried
and what resources you have already used (see the frustration point above). I likely
will not directly give you the answer you want, but we can talk about what you’ve
tried and I can point you in some different directions or point you to some things you
should review/read that may help you. I may also be able to provide some different
examples than we have discussed in class that may help you understand how to apply
what we have learned. Sometimes just talking about the issues you are having out
loud will help you see the flaws in your thinking or open up new avenues of
thinking.
• There are some issues that I can resolve via email, so if you can’t find a time to visit
me in my office it is OK to email me questions. If I can help you this way I will do
so, but I may suggest that it would be better to find a time to meet to discuss your
problems.
• It is also OK to send me your spreadsheet and ask me to review it and make
comments. I only ask that you only do this when you are substantially complete with
a company/transaction. I will tell you what entries are incorrect and may provide
some suggestions on where you might look for guidance on how to correct them.
Please note that these reviews take substantial time on my part and therefore the
comments that you receive will be direct, short and to the point.
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17. Acct 416 – Advanced Accounting
Investment Project – FALL 2014
At the moment I do not have a limit on these reviews, but I reserve the right to
establish limits if I feel it is necessary.
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18. Acct 416 – Advanced Accounting
Investment Project – FALL 2014
Academic Integrity
The work that you turn in for this project is to be solely and completely your own. You
may use your textbook and textbook resources (including textbooks from previous
classes such as Intermediate Accounting and class videos provided), internet resources
you may find related to accounting for investments and business combinations, and any
class notes to complete this project, but you are not to use any other resources.
Particularly, you are not to receive assistance on this project from anyone other than your
instructor. This means specifically that you are not to discuss this project with any other
student, previous student, tutor or instructor or work together in any way and that you are
not to communicate with ANYONE (verbally, electronically, or in writing) about this
project.
If I find that these rules have been violated, both the party receiving and
giving assistance will receive an F for the course.
You must sign the attached certification related to your work on this project and turn it in
at the beginning of class on November 10, 2014. Failure to sign the certification will be
considered evidence of misconduct in completing this project and your grade will be as
described above.
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19. Acct 416 – Advanced Accounting
Investment Project – FALL 2014
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20. Acct 416 – Advanced Accounting
Investment Project – FALL 2014
Certification
I certify that (a) I have not received any information (other than that provided by
the instructor) regarding the content of this project, (b) since the class period
where I received the project, I have not discussed it (verbally, electronically, or in
writing) with any other student completing this project or with anyone else other
than the instructor, (c) I have not and will not share or communicate, directly or
indirectly, any information relating to the nature or content of, or answers to, this
project to any student who has not yet attempted this project, (d) I have complied
fully with all instructions given by the instructor relating to this project, including
any restrictions on access to materials or sources of information, (e) I have read
and understand the University of North Carolina Asheville Academic Honesty and
Grievance Procedure as described in the Student Handbook1
.
I understand the penalties that will be enforced if I am found to have violated any
of the guidelines regarding this project.
_________________________________ _________________
Signature Date
_____________________________________
Print Name
1
A copy can be found on-line at http://www2.unca.edu/aa/handbook/8.htm or
http://studentactivities.unca.edu/student-handbook (choose Student Handbook from the menu on the right)
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