carrying value of an asset is not recoverable. Per the same standards‚ carrying value is not recoverable “if it exceeds the expected future cash flows to be derived from the asset on an undiscounted basis” (FASB‚ ASC 360-10). In the Property Solutions Inc. case‚ the carrying value of the building on 10/1/2017 was $1‚650‚000 and the expected future cash flows are $1‚214‚940. Per the definition of impairment loss stated above‚ the asset is impaired. In calculating the loss‚ we must compare the carrying
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patent‚ piracy‚ and several political challenges with the chinese government and local firms. China’s respect for intellecual property rights is underdeveloped and the chinese governemtn has not taken sufficient steps to defend ipr. Alternative Solutions 1. Continue to partner with local governments‚ FBI‚ chinese officials‚ american politicians and corporate executives to come up with efforts and press china to crack down on piracy. Inform about the negative impact piracy has globally. Continue
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Tutorial 3- Chapter 2: Social Responsibility and Ethics Tutorial Activity 1: Ongoing Semester Case Study- Businessville Hotel The hotel manager should not acquire furniture from the furniture dealer even though he was a friend of his brother. Looking at the economic perspective‚ the manager might want to acquire the furniture from the dealer with the cost saving purpose as he was given a discount for the furniture. However‚ the manager should accomplish his duties legally while complied with his
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1. Assume the current U.S. dollar-British spot rate is 0.6993£/$. If the current nominal one-year interest rate in the U.S. is 5% and the comparable rate in Britain is 6%‚ what is the approximate forward exchange rate for 360 days? A) 1.42£/$ B) 1.43£/$ C) 0.6993£/$ D) 0.7060£/$ E) 0.6927£/$ Answer: D 2: You are given the following exchange rate quotes in Sydney: |USD/AUD |0.5366
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THAILA ND Special Topic in Managerial Economics Outline • Thailand in Brief • Analysis Frameworks • • • • – SWOT Analysis – PEST Analysis Exclusive Interview: Thailand vs. Vietnam Investment Climate Business Implications Conclusion PART 1) THAILAND IN BRIEF THAILAND IN BRIEF • • • • • GDP Size (USD billions) 365.6 GDP PPP (% of world) = 0.78 GDP Per Capita (USD) = 5‚678 Population (millions) = 69.5 Setting: the center of the Indochina peninsula‚ Southeast Asia Comparing Thailand’s GDP
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| | | | | | | | | | | | | | | | | | | | 1 | An American Mutual Fund company invested USD 2‚000‚000 in BSE on 31.12.2007 when the BSE sensex was 20‚000 points. On 31.03.2008‚ the company observed that its portfolio depreciated by 23% when the BSE sensex touched 16‚000 points. If the company decided to withdraw the investment from India‚ what would be the net increase or decrease in their investment in terms of dollar? | | | | | | | | | | | | $/Rs spot rates are
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to grow as big as they are today. The case tells you that the company’s growth belief is not just about growing the company but it is also about individual growth and the respect for individual ideas. Smucker’s involves people in the decision-making process at every level of the organization. In this way‚ they will have a sense of satisfaction for contributing to the growth of the company as a whole and to their individual growth. Because of this management approach‚ the employees are eager to
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Q1: Jon Fries‚ Fletcher Anderson‚ Craig Schuster‚ and Catherine Sprauer are the main figures in this case and they had important responsibilities in F&C International‚ Inc. Jon Fries was the President‚ CEO‚ and managing director of F&C international‚ Inc. He was in charge of the total management of the company. The key responsibilities of Jon Fries were to align the company‚ internally and externally‚ with his strategic vision. His duties were to facilitate business outside of the company while
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FIN3201 GROUP ASSIGNMENT (20%) Question 1 (18 marks) Nilai Sdn Bhd wishes to accumulate funds to provide a retirement annuity for its vice president of research‚ Dorcas Lee. Miss Lee‚ by contract‚ will retire at the end of exactly 12 years. Upon retirement‚ she is entitled to receive an annual end-of-year payment of RM42‚000 for exactly 20 years. If she dies prior to the end of the 20-year period‚ the annual payments will pass to her heirs. During the 12-year “accumulation period‚” Nilai wishes
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Chapter 3 Chapter Case Assessing Martin Manufacturing’s Current Financial Position Terri Spiro‚ an experienced budget analyst at Martin Manufacturing Company‚ has been charged with assessing the firm’s financial performance during 2012 and its financial position at year-end 2012. To complete this assignment‚ she gathered the firm’s 2012 financial statements (see below). In addition‚ Terri obtained the firm’s ratio values for 2010 and 2011‚ along with the 2012 industry average ratios (also applicable
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