A geographer and social worker are teaming up to investigate whether population density, average distance to a large grocery store, and proportion of park/playground area has an impact on community ‘wellness’. What will these researchers need to do to measure wellness? Why? Use research/statistical terms covered in this course in your explanation.

Where do you want to go? Mountains? Ocean?... What do you want to see? Landscapes? Wildlife? What do you want to do? Hiking? Biking Kayaking?.. Where do you want to sleep? In a hotel in a tent?... How long do you want to stay? A day? A week?

A        

In Re Ellenborough Park [1956] Ch 131 the English Court of Appeal outlined the essential requirements of easements.

·        Explain each of those requirements for the creation of an easement.

·        Discuss the major means by which easements may be created over Torrens title land.

·        Discuss the major means by which easements may be extinguished.

22. Name three reasons why a REIT might be used for real estate investment:

1 ________________________________

2 ________________________________

3 _________________________________

23. Enter the normal tax lives of the following assets for tax depreciation purposes:

______ Assisted living facility building.

______ Hotel building.

______ Land.

______ Industrial building.

______ Apartment complex (building portion).

How successful do you predict these recently proposed extensions will be? Why?

• Carlsberg, the beer brand, launches a male grooming line made out of beer

• Michelin (tires, mostly): car floor mats

• WWE (entertainment wrestling): theme park

• Victorinox (Swiss Army knife): camping and hiking equipment

Write a 1–1.5 page letter to Joe Davison explaining how each of the above changes should be presented in the December 31, 2017, financial statements. CA22-6 ETHICS (Change in Estimate) Mike Crane is an audit senior of a large public accounting firm who has just been assigned to the Frost Corporation's annual audit engagement. Frost has been a client of Crane's firm for many years. Frost is a fast-growing business in the commercial construction industry. In reviewing the fixed asset ledger, Crane discovered a series of unusual accounting changes, in which the useful lives of assets, depreciated using the straight-line method, were substantially lowered near the midpoint of the original estimate. For example, the useful life of one dump truck was changed from 10 to 6 years during its fifth year of service. Upon further investigation, Mike was told by Kevin James, Frost's accounting manager, “I don't really see your problem. After all, it's perfectly legal to change an accounting estimate. Besides, our CEO likes to see big earnings!”

Instructions Answer the following questions.

(a) What are the ethical issues concerning Frost's practice of changing the useful lives of fixed assets?

(b) Who could be harmed by Frost's unusual accounting changes?

(c) What should Crane do in this situation?

What is the cost of capital for bank overdraft (k_bo). The overdraft rate is 5.1 % pa compounded 12 times a year? Answer as a percentage to two decimal places (2.12% should be entered as 2.14)

Brass Department Store stocks toy cars. Recently, the store was given a quantity discount schedule for the cars, as shown in Table below. Thus, the normal cost for the cars is $5. For orders between 1,000 and 1,999 units, the unit cost is $4.80, and for orders of 2,000 or more units, the unit cost is $4.75. Furthermore, the ordering cost is $49 per order, the annual demand is 5,000 race cars, and the inventory carrying charge as a percentage of cost is 20%. What order quantity will minimize the total cost?

Determine when to use either the engineering, procurement and construction (EPC) contract model or the engineering, procurement and construction management (EPCM) contract model. When is it appropriate to use EPC and when is it appropriate to use EPCM. Provide recommendations on how to decide for civil engineering projects.