Vander Company acquired the net assets of Howe Company for $190,000. Vander issued 5000 shares of its $1 par common stock to complete the transaction. Vander's stock was selling for $38 a share on the date of acquisition. On the date of acquisition Howe reported the following:

Prepare the journal entry that Vander Company recorded on the date of the acquisition of Howe’s net assets

On July 1, 2018, Truman Company acquired a 70 percent interest in Atlanta Company in exchange for consideration of $772,275 in cash and equity securities. The remaining 30 percent of Atlanta’s shares traded closely near an average price that totaled $330,975 both before and after Truman’s acquisition.

In reviewing its acquisition, Truman assigned a $132,000 fair value to a patent recently developed by Atlanta, even though it was not recorded within the financial records of the subsidiary. This patent is anticipated to have a remaining life of five years.

The following financial information is available for these two companies for 2018. In addition, the subsidiary’s income was earned uniformly throughout the year. The subsidiary declared dividends quarterly.

1. How did Truman allocate Atlanta’s acquisition-date fair value to the various assets acquired and liabilities assumed in the combination?

2. How did Truman allocate the goodwill from the acquisition across the controlling and noncontrolling interests?

3. How did Truman derive the Investment in Atlanta account balance at the end of 2018?

4. Prepare a worksheet to consolidate the financial statements of these two companies as of December 31, 2018. At year-end, there were no intra-entity receivables or payables.

Company A acquired 100% of Company B's voting stock on January 1, 2018 by issuing 10,000 shares of its $10 par value common stock. Company A's common stock had a fair value of $14 per share at that time. Company B's stockholder's equity was $105,000 at date of acquisition. The trademark was undervalued by $10,000. It has an indefinite life. Equipment (with a 5 year life) was undervalued by $5,000. A customer list that had been created internally had an estimated useful life of 20 years was valued at $20,000.

Below are the financial statements for the two companies for the year ending December 31, 2018. Credit balances are indicated by (parentheses). Complete the trial balance of A Company (calculate income of sub and investment in sub) by using the three different investing accounting methods; Equity, Intial Value, and Partial Equity. Then, continue by preparing a consolidated worksheet for year ended Dec. 31, 2018. Include your consolidation and elimination entries in journal form.

Based on the following, Please answer the following, Thanks!

Imagine you are a human resources professional working at a prominent global company. There have been recent concerns regarding how the organization has been conducting business in the global market, and it has tasked you with identifying problems and recommending solutions. You will analyze information from the case study Nimble Storage: Scaling Talent Strategy Amidst Hyper-Growth for how the organization’s business practices have aligned with more geocentric perspectives, identifying potential gaps in its current practices. You will then make a series of recommendations directed to leadership for addressing identified gaps and ensuring a successful transition regarding your proposed changes.

Introduction:

The Nimble Storage is a hybrid growing data storage System Company situated in Silicon Valley. The CEO of the company is Suresh Vasudevan, and the Vice President of the HR department is Paul Whitney. The company's purpose of developing the hybrid system, which is used in flash memory (It is a storage memory that leads to rapid access to random data) and hard disk to increase the performance of the company at the competitive prices offered to the customers in order to give the efficient and the flash storage platform.

The case analyzes the past performance of the company and the talented hiring of the personnel by Whitney, where the founder and CEO of the company plan to transfer the storage world into the hybrid storage system and wanted to achieve the goal to make a billion dollar company within three years. For this purpose, Suresh Vasudevan aimed to focus on both short term and long term key people initiative to measure the results. The company decided to launch the new leadership program named "LEAD" for the sustainable future growth of the company and also effects on the people initiatives to go forward in future.

The objective of the case is to make quantitative and qualitative analysis by identifying the issues, providing solutions to the problems, and providing an alternative for the growth and evaluating and choosing the best alternative and provide an implementation plan.

Define the issues/Problem statement:

The company has finished its second full fiscal year of storage on January 31, 2013, which provided the great opportunity for reproducing its core values, reviewed the success over the last years and also the strong personnel who made it possible. The company always aims to deliver the world’s most efficient way of data storage by target the broad range of enterprise applications with the goal of optimizing in many factors such as performance efficiency, capacity efficiency, data protection and dramatic simplicity.

Problems/Issues and its solutions:

In order to stabilize the performance, the company faced many potential problems and issues in producing the product and also HR-related issues faced by Whitney.

The first problem was related to the health of the customers' network that led to the unusual high temperature in the data center. The company is now organizing the data center in order to convince the customers to the belief that will help to solve the range of problems in one single platform.

The second problem was the business team was not effective due to lack of motivation and employee turnover, it as one of the biggest challenge that company was facing in last nine months. So, the business wanted to improve its values by making the business by conducting two ways process with the two-sided as the same coin. It would result in the powerful feedback and result oriented of employees, which will result in employee retention and run the business with the order of framework and program perspective.

The company was facing the hiring issue as they wanted to maintain its culture and status quo, the company needed to change the paid time off/personal time off PTO policy in fifteen days, the company wanted to increase the length of services, and they tested the idea but not preferred by the company. Therefore, the employees wanted a favor, and the company made the PTO flexible and unlimited sick leaves and holidays for employee retention.

Suresh Vasudevan had talked about the cultural openness and transparency in sharing the information to the tons of people via any social website, such as Facebook and Google. The company estimates that the openness will be challenging to measure as the hidden information would be exposed publicly.

Questions;

D. Analyze the mission statement of the organization against the needs of a global organization. Are the annual goals and objectives appropriate for a global company? Does the organization appropriately present itself as a global company?

E. Illustrate the potential gains for the organization regarding its business practices if it adopts a more geocentric focus. Be sure to support your response with examples. What will be the benefit for the business of the organization should it adopt a more global approach?

F. Illustrate the potential gains for the organization regarding its employee collaboration if it adopts a more geocentric focus. Be sure to support your response with examples.

Adam starts a subsidiary operation in a foreign country on January 1, 2017. The country’s currency is the kumquat (KQ). To start this business, Adam invests 10,000 kumquats. Of this amount, it spends 3,000 kumquats immediately to acquire equipment later, on April 1, 2017, it also purchases land. All subsidiary operational activities occur at an even rate throughout the year. The currency exchange rates for the kumquat for this year follow:

January 1, 2017 $ 1.71
April 1, 2017 $ 1.59
June 1, 2017 $ 1.66
Weighted average-2017 $ 1.64
December 31, 2017 $ 1.62

As of December 31, 2017, the subsidiary reports the following trial balance:

                                                  Debits          Credits
Cash                                   KQ  8,000
Accouts recievable              KQ 9,000
Equipment                           KQ 3,000
Accumulated depreciation                              KQ 600
Land                                     KQ 5,000
Accounts payable                                          KQ 3,000
Notes payable (due in 2020)                          KQ 5,000
Common stock                                               KQ 10,000
Dividends declared (6/1/17) KQ 4,000
Sales                                                             KQ 25,000
Salary expense                    KQ 5,000
Depreciation expense          KQ   600
Miscellaneous expenses      KQ 9,000
Totals                                   KQ 43,600         KQ 43,600

A corporation based in Columbia, South Carolina, Adam uses the U.S. dollar as its reporting currency.

REQUIRED:

a. Assume that the subsidiary’s functional currency is the kumquat. Prepare a trial balance for it in U.S. dollar so that consolidated financial statements can be prepared.

b. Assume that the subsidiary’s functional currency is the U.S. dollar. Prepare a trial balance for it in U.S. dollars so that consolidated financial statements can be prepared.

It is desired to designed a given automobile to allow enough headroom to accommodate comfortably all but the tallest 5%mof the people who drive. Former studies indicate that the 95th percentile was 70.3 inches. In order to see if the former studies are still valid, a random sample of size 100 is selected. It is found that the 12 tallest persons in the sample have the following heights. 72.6, 70.0, 71.3, 70.5, 70.8, 76.0, 70.1, 72.5, 71.1, 70.6, 71.9, 72.8

1.Is it reasonable to usen70.3 as the 95th percentile?

2. What is 95% confidence interval for the 95th percentile of drivers from which the sample was selected.

Use the following information to answer questions 12-13

[The following information applies to the questions displayed below.]

On May 1, Donovan Company reported the following account balances:

On May 1, Beasley paid $465,200 in stock (fair value) for all of the assets and liabilities of Donovan, which will cease to exist as a separate entity. In connection with the merger, Beasley incurred $15,900 in accounts payable for legal and accounting fees.

Beasley also agreed to pay $90,000 to the former owners of Donovan contingent on meeting certain revenue goals during the following year. Beasley estimated the present value of its probability adjusted expected payment for the contingency at $26,500. In determining its offer, Beasley noted the following:

Donovan holds a building with a fair value $38,200 more than its book value.

Donovan has developed unpatented technology appraised at $30,200, although is it not recorded in its financial records.

Donovan has a research and development activity in process with an appraised fair value of $54,600. The project has not yet reached technological feasibility.

Book values for Donovan’s current assets and liabilities approximate fair values.

Problem 2-12 (LO 2-4, 2-5)

12. What should Beasley record as total liabilities incurred or assumed in connection with the Donovan merger?

Multiple Choice

$150,000.

$114,400.

$15,900.

$140,900.

13. How much should Beasley record as total assets acquired in the Donovan merger?

Multiple Choice

$491,700.

$590,200.

$537,800.

$465,200.

answer with resource :

Population Health: As a result of the Patient Protection and Affordable Care Act, hospitals are increasingly being held accountable for the health of patients after they have been discharged from the hospital. The CEO of Sandy Creek Community Hospital asks you to join her in a meeting with the CEO of Green Acres Retirement Community located about a mile from the hospital. Green Acres offers a continuum of care to include rehabilitation services, assisted living and skilled nursing care. Why would the CEO of Sandy Creek Community Hospital be interested in meeting with the CEO of Green Acres Retirement Community? What sort of synergies might be possible?

For the publicly traded U.S. company Apple (AAPL), explain how macroeconomic principles, models, and tools created value for the organization.