answers the question. ____ 4. Mitchell and Powell form Green Corporation. Mitchell transfers property (basis of $105‚000 and fair market value of $90‚000) while Powell transfers land (basis of $8‚000 and fair market value of $75‚000) and $15‚000 of cash. Each receives 50% of Green Corporation’s stock (total value of $180‚000). As a result of these transfers: a. Mitchell has a recognized loss of $15‚000‚ and Powell has a recognized gain of $67‚000. b. Neither Mitchell nor Powell has any recognized
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69 worth of inventory. The difference is worth 10% of the total cost of inventory. The auditor should be mainly interested in the errors found in the counted figure since the perpetual records are adjusted to match with the physical inventory. If Mitchell observed the physical count properly‚ the chance of error in the quantity of inventory should be very low. To further reduce the risk of errors‚ more tests may be performed (verify the costing‚ extensions‚ footings). If it is found that the discrepancy
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In this paper‚ I am going to sample Janet Jackson’s “Got ‘til It’s Gone” featuring Joni Mitchell and Q-Tip. I am going to cut bits of the audio‚ rearrange them and piece them together with audio fragments from Boni Jovi’s tracks‚ such as “Bed of Roses” and “Bad Medicine.” “Got ‘til It’s Gone” is an alternative hip hop track with influences from trip hop and talks about lessons learnt from love and that it is good to appreciate what a person has before it is gone. I appropriated this track because
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In college‚ sports sometime become the facade of the university and or college. In return‚ the universities drastic rise in popularity comes from their sports programs. Ultimately‚ studies have shown student athletes put in more effort on the field or court than they do in the classroom. Therefore college student athletes should be paid for playing their sport while attending school. Many people say that college athletes should not be paid because college tuition‚ fees‚ rooms‚ and textbooks. They
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to follow if he or she decides to stay employed. Personal and business ethics are differing. Personal ethics depends highly on personal beliefs and loyalties. Personal ethics can also change depending on major events in someone’s lives (Mitchell‚ 2011). An example of major events is death in the family‚ marriage‚ and the economy. Another definition for "personal ethics" is an individual’s code of behavior toward the people around him or her and the efforts he or she makes to
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ignorance and people are inherently good. Deontology‚ on the other hand‚ requires the decision to be based on what is rationale for the situation (Boylan‚ 2009). Personal Experience Money found on the sidewalk to some people is abandoned money or a blessing in disguise. The person who lost money on the sidewalk may not realize the money is gone until the money is needed for deposit or investment. According to an article in the Gainsville Sun‚ the most current generation of young people‚ Generation Y‚ the
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many examples of imperialism today like the United States is helping/supporting Israel with the problems of war‚ financial organizations run by first world countries‚ and Kony 2012. Kony 2012 is a video which shows a man pacing back and forth on the sidewalk‚ naked in broad daylight‚ certain to raise questions over the viability of Russell’s Invisible Children group. It is accused of terrorizing northern Uganda for two decades and is wanted by the International Criminal Court for war crimes. The man
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computer networks within an organization. An intranet uses network technologies as a tool to facilitate communication between people or work groups to improve the data sharing capability and overall knowledge base of an organization’s employees.” (Mitchell‚ 2012). Sales and marketing are not the only ones that will benefit from an intranet network at Dirt Bikes‚ human resources would be able to upload and store their employee related information such as employee policies‚ handbooks‚ benefits‚ meetings
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sexuality. The show is presented in a mockumentary style and focuses on three families who are related through marriage. Phil and his wife Claire represent the nuclear family; Jay and his new wife Gloria represent the inter-generation family; and finally Mitchell and Cam represent the homosexual family structure. Modern Family cleverly uses gender‚ racial‚ and sexual stereotypes to make the audience bond with and identify with the characters on-screen‚ and by combining these stereotypes with the mockumentary
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“The recidivism rate for misbehavior by a 2-year-old is about 50% within two hours. It ’s 80% within the same day. And that applies to whether it ’s just saying no‚ removing the child‚ or spanking a child” Mitchell said (25). Children are going to cry‚ pout‚ scream‚ etc. no matter what form of punishment you ensue and chances are they will be back doing it eventually. They might do it again the same day‚ week‚ or even month but learning their lesson doesn’t
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