1. Is Eye Vision’s arrangement with Holland Hospital within the scope of ASC 985-605‚ Software: Revenue Recognition? In this case‚ the main content of the Eye Vision’s arrangement with Holland Hospital include embedded software medical equipment and an initial option to purchase a two-year separately priced maintenance agreement. In this case‚ because“Eye Vision has never sold‚ nor does it offer to sell‚ the Clear View Laser without the embedded software because the software is necessary to perform
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ECO204: Solutions to Homework 5 1. True‚ False‚ Uncertain a. False. Methods to eliminating moral hazard include writing efficient contracts between principals and agents‚ bonding and deferred payments. The methods to eliminate adverse selection include sending signals and relying on 3rd parties to verify quality. b. True. When there is asymmetric information‚ it drives out high-quality goods because consumers have a difficult time differentiating between high- and low-quality goods. As a result‚
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*Microsoft’s Financial Reporting Strategy 1. What are the factors that likely explain the difference between Microsoft’s market value of equity and its reported book value of equity? The most obvious reason for the difference between the market value of equity and the book value of equity is the inability to record certain intangible assets such as brand value‚ customer loyalty‚ and perhaps most importantly‚ human capital. These intangible assets are likely to provide tremendous earnings
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per share. The board of directors is eager to continue this trend despite the fact that earnings fell significantly during the recent quarter as a result of worsening economic conditions and increased competition. The chair of the board proposes a solution. She suggests a 5% stock dividend in lieu of a cash dividend‚ to be accompanied by the following press announcement: “In place of our regular $1.00 per share cash dividend‚ Intercontinental will distribute a 5% stock dividend on its common shares
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their careers‚ nurses can face a variety of ethical dilemmas. Due to the intense nature of their work; it is important for them to handle those situations in a way that respects the patients’ rights Yet‚ the situation is totally different when it depend on family or friend’s family member. In October last year‚ it was a sunlit day. I decided to take a walk with my best friend. She is a nurse and she was off that day. While we were walking around enjoying the breeze and
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The Bonus Dilemma Jon Jacobs INTRODUCTION As bonus time looms‚ the financial services industry around the world faces an unprecedented situation of government financial participation and intense political scrutiny. Both 2008 compensation and the pay paradigm for future years are being reshaped under this spotlight. This White Paper focuses on public relations aspects of the dilemma confronting U.S. investment banks over reformulating compensation – both near-term and long-term‚ from the C-suite
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Abstract Ethical dilemmas are a natural part of a human service provider’s career. In this paper we will explore the steps to identifying and solving an ethical dilemma. We will review statements from the Ethical Standards for Human Service Professionals‚ specific to client confidentiality. We will review the following four steps: Identify the Problem‚ Consulting with Colleagues or Experts‚ Identifying and Exploring Options‚ and Choosing a Course of Action. We will explore how each of the
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The Euthyphro Dilemma When assessing the nature of morality‚ one must determine the reasons for believing certain actions to be right or wrong. In the following paragraphs I am going to explain what The Euthyphro Dilemma is and the threat that each of its horns imposes. Then I will defend The Divine Command Theory against these objections and demonstrate how it not only survives the two horns‚ but is also the stronger position to assume. In the Euthyphro‚ Socrates asks the age old question about
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Jesslyn Lay OPER360 04/03/2013 Ethical Dilemma 1 In the case of this first dilemma‚ my suggestion would be to stay with the original supplier instead of switching to China-made shoes. Although cost effective‚ as a widely-regarded socially responsible company‚ we should keep in mind that the switching is risky and may cause a potential damage to the company’s reputation. I believe the company will save so much if we decide to do the switching especially with the projected sales for the following
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CNG DILEMMA CNG which is commonly known as compressed natural gas was firstly used as transportation fuel in 1821 in United States. It was first drawn from the wells of china. There are more than 1.4 million vehicles on road every day. Countries such as Iran‚ Pakistan and Argentina make the largest share of consumption of compressed natural Gas internationally. Pakistan is the second largest country in the world in the consumption of CNG. It has been increasing in Pakistan since 1960.This
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