President of Acer Corp, The purpose of this letter is to provide guidance to Acer Corp on the appropriate accounting for the Theta investment. Below is an overview of the transaction followed by our findings and authorities used for the basis of our conclusions under both US and International accounting standards. From our research, it is more beneficial for Acer to headquarter in the US where only partial gains from the transaction must be recognized. This transaction included the transfers of factory equipment to Theta Corp in exchange for $1 million cash and a 25% equity ownership stake in Theta. The book basis of the transferred equipment was $6 million, and the equipment was recently appraised for $6.5 million.
Thomas v. Union Carbide Agric. Products Co. 473 U.S. 568 (1985) Judicial History: Under the authority of the Environmental Protection Agency (EPA); Federal Insecticides, Fungicides, and Rodenticide Act (FIFRA), manufacturers were required to register their pesticides. EPA had a “me-too” process that allowed for the pesticide equivalent of generic drugs. Monsanto Corporation sued because EPA was making them publicize trade secrets, which they claimed was a taking. Congress reiterated in Section 3(c)(1)(D)(ii) of FIFRA that EPA should make administrative decisions about how much money these manufacturers would get for damages from loss of their trade secrets.
Brian S. Camp, of Brian S. Camp, PC, Portland, filed the brief for amicus curiae Oregon Trial Lawyers Association. (LILES v. DAMON CORPORATION, 2007-2008) Procedural History: Plaintiffs brought this action under ORS 646A.400 to ORS 646A.418, commonly known as Oregon's Lemon Law, seeking replacement of a motor home that they had purchased. The issue on review concerns the proper interpretation of ORS 646A.402, which
MEMORANDUM OF LAW To: Susan Patrick, Esq. From: DS Date: July 1, 2013 Re: Jones v. Star Credit Corp. v. VA Courts Unconscionability Doctrine Cases QUESTION PRESENTED Are the Virginia Courts likely to follow the unconscionability doctrine as set out and applied in Jones v. Star Credit Corp.? SHORT ANSWER No. The Virginia Courts are not likely to follow the unconscionability doctrine as set out and applied in Jones v. Star Credit Corp. The unconscionability doctrine as applied in Jones v. Star Credit Corp. is moreover based on an equitable standard, whereas, as illustrated by the Virginia cases, the unconscionability doctrine in the Virginia Courts system is viewed more narrowly and based on more of a legal standard absent duress, fraud and coercion.
Question : (TCO 2) Powers Company paid its office rent of $1,000 with cash. As a result of this event, _________. 10. Question : (TCO 2) Which accounts normally have debit balances? 11.
Terms of the lease are: 1. 10 year non-cancelable term. 2. Big Bear must pay Goliath Company’s legal fees of $1,000,000 which were incurred in negotiation of the lease. 3.
So, 2000 = 30000/Square root of sample size. Solving for the Square root of sample size, we get Square root of sample size = 30000/2000 = 15. Taking its square, the sample size is found as 225. Chapter 9 Exercise 1 No it is not a good defense. If you choose 40 random employees from the corporation, the standard error would equal 6/Square root of 40 = .95 days.
Assume that (i) if the trial proceeds it is expected to last less than a month and result in two possible outcomes in terms of the price per share established in court: the $273,000 claimed by the plaintiffs, or the $55,400 being defended by Herbert Kohler; (ii) Kohler estimates the probabilities of these outcomes at 30% and 70%, respectively. 5. How would your answer to question 4 change if you also assume that (i) the inheritance tax owed on Frederic Kohler’s estate was 50.2% of its holdings in Kohler Co. (equivalent to 489 shares of the 975 he owned); (ii) the taxes paid by the estate amounted to $27 million (489 shares at $55,400 each); (iii) were the settlement or the trial to result in a revised share price in excess of $55,400, the IRS would likely demand a similar valuation for its claim on Frederic’s estate; and (iv) Herbert Kohler estimates the probability of the IRS’s demand at 100% if he proceeds to trial, and 50% if he
(c) Determine the p-value. Show all work; writing the correct critical value, withoutsupporting work, will receive no credit. (d) Is there sufficient evidence to support the claim that the mean number of correctanswers after the class exceeds the mean number of correct answers before the class?Justify your conclusion. (20 pts) image501--- 24. A random sample of 4 professional athletes produced the following data where x is thenumber of endorsements the player has and y is the amount of money made (in millions ofdollars).
In an investigative article written by Welch Suggs, he discovers through Internal Revenue Service records that the South Eastern Conference (SEC) took in more than 150 million dollars in revenue in the fiscal year of 2002 (Suggs 46). This does not include what individual universities made from ticket sales and footwear contracts. The flow of this money stops well short of reaching the athletes that are performing to generate it. How is it fair that these athletes be used as slaves for big TV executives and athletic department presidents? When will Congress step in and decide the NCAA does not have an autocratic rule over the funds being generated?