Identifiable Intangibles and Goodwill, U.S. GAAP

International Foods, a U.S. company, acquired two companies in 2013. As a result, its consolidated financial statements include the following acquired intangibles:

Goodwill was assigned to the following reporting units:

It is now December 31, 2014, the end of International Foods' accounting year. No impairment losses were reported on any intangibles in 2013. Assume that International Foods bypasses step 0 of the goodwill impairment test. The following information is available on December 31, 2014:

Compute 2014 amortization expense and impairment losses on the above intangibles, following U.S. GAAP.

Enter answers in millions, using decimal places when applicable.

Identifiable Intangibles and Goodwill, U.S. GAAP

International Foods, a U.S. company, acquired two companies in 2016. As a result, its consolidated financial statements include the following acquired intangibles:

Goodwill was assigned to the following reporting units:

It is now December 31, 2017, the end of International Foods' accounting year. No impairment losses were reported on any intangibles in 2016. Assume that International Foods bypasses the qualitative option for impairment testing of goodwill and indefiite life intangibles.

Required

Compute 2017 amortization expense and impairment losses on the above intangibles, following U.S. GAAP.

Marta, a lover of early twentieth-century American history and architecture, discovers a 1920s house in a downtown district of Atlanta during a recent visit. She decides not only to purchase and renovate this particular home, but also to move the structure to her hometown of Manhattan, Kansas, so her community can enjoy its architectural features. She moves the entire house to Manhattan, renovates it, and reduces her tax liability by the rehabilitation expenditures credit. It takes her approximately a year to complete the project. Her rehabilitation expenditures include the costs associated with renovation ($30,000) and the moving expenses ($10,000) incurred to relocate the house. The IRS disallows the credit because she moved the building. Furthermore, the IRS contends the moving expenses are not qualified rehabilitation expenditures. Who will prevail in court?

An advertising agency, Round Ltd, incurred the following expenses during an advertising campaign for Nando’s:

Primary research costs (outsourced to Mean Research) – $10 000

Secondary research costs – 5 hours (strategist)

Flyers:

Design – 4 hours (artist)

Printing/production (outsourced to Align Printers) – 8 000 @ R2 each

Distribution (outsourced to Fast Couriers) – 8 000 @ $0.50 each

In-store display:

Design – 7 hours (artist)

Printing/production (outsourced to Align Printers) – $7 000

Delivery and set-up (outsourced to Fast Couriers) – $2 000

In-store promotion:

Promoters – (outsourced to Talent Ltd) – 2 @ $500 each per day for 5 Saturdays

Uniforms – 2 @ $500 each

Promotional items (fruit juice) – 120 boxes at $25 each

Prizes (provided by Nando’s) – $15 000

Magazine:

Design – 10 hours (artist)

Copy – 5 hours (copywriter)

Production (outsourced to Align Printers) – $7 500

1 DPS colour @ $50 000 in Dough magazine (a weekly publication) for 5 weeks

Administration costs – $8 000

All prices exclude VAT (14%), the agency is VAT registered and the standard commission is applicable to media. Round off to the nearest Dollar where applicable and show all calculations.

1.1       Calculate the complete budget if the agency uses the fee-commission combination and charges a fee of $75 000.   

1.2 Round Ltd places a 20% mark-up on research, 15% on printing/production costs and 10% on other outsourced expenses. Nando’s asked for a 6% kickback from the media. The media gave a 5% cash discount for early payment, but the agency kept the cash discount.

1.2.1 Calculate the budget for Nando’s if Round Ltd uses the negotiated commission system.  

1.2.2 Which system is preferable to the Nando’s, the fee-commission combination or the negotiated commission system? Prove your answer by calculating the difference between the two remuneration systems.

1.3 Round Ltd places a 20% mark-up on all costs and staff time is charged at a flat rate of $350 per hour. Nando’s asked for a 10% kickback from the media.

Calculate the complete budget for Nando’s if Round Ltd uses the cost-plus system.   

This introspective assignment is based on the various concepts that you have studied from your textbook The Ethics of Leadership. Write a 350- to 500-word report sharing what you learned about ethical leadership from Chapters 1 and 2 of the textbook. You will be assessed on the American Psychological Association (APA) citation style, grammar, and content organization. Cite specific ideas from the textbook in your report.

Ciulla Reading Concepts

Trumbull Co. plans to produce 100,000 toy cars during September. Planned production for October is 125,000 cars. Sales are forecasted at 90,000 toy cars for September and 120,000 toy cars for October. Each toy car requires four wheels. Trumbull’s policy is to maintain 10 percent of the next month’s production in inventory at the end of a month. How many wheels should Trumbull purchase during September?

a.102,500

b.410,000

c.195,000

d.112,500

Linux Directories, File Properties, and the File System in C

Understanding Unix/Linux Programming

Your version of mv command

1. The mv command is more than just a wrapper around the rename system call. Write a version of mv that accepts two argument. The first argument must be the name of a file, and the second argument may be the name of a file or the name of a directory. If the destination is the name of a directory, then mv moves the file into that directory. Otherwise mv rename the file if possible.
2. Add comments to code.

Java Programming: spellcheck

Write code to read in a dictionary from the current directory called "dict.txt" (you can find this in the current directory/data)

Add each word to a hash map after splitting words and throwing away punctuation (see the demo).

open a file called "spell.txt" to check in the current directory.

Print out every word in spell.txt that is NOT in the dictionary.

Example:

if spell.txt contains:

hello, this is a test. 2152189u5
Misspelled! cApitalized

The output should be:
2152189u5
Misspelled
cApitalized

Linux Directories, File Properties, and the File System in C

Code your version of mv command in C

1. The mv command is more than just a wrapper around the rename system call. Write a version of mv that accepts two argument. The first argument must be the name of a file, and the second argument may be the name of a file or the name of a directory. If the destination is the name of a directory, then mv moves the file into that directory. Otherwise mv rename the file if possible.
2. Add comments to code.

UNIX/TERMINAL ASSIGNMENT - DIFFICULT

Could you please type line by line what I should be entering in the terminal command line to complete the assignment as instructed?

INSTRUCTIONS AS FOLLOWS:

In this lab you will create a script to backup certain number of oldest or newest files in the current directory into a compressed archived file. The objective of this lab is to familiarize and gain proficiency with the following:

• Use of command line arguments

• Use of conditional statement

• Use of for loops

You need to write a script named backup.sh which will receive 3 command line arguments. The arguments are:

• The 1st argument is the string “old” or “new” indicating whether the oldest files or the newest files needs to be backed up

• The 2nd argument is an integer indicating how many files needs to be backed up.

• The 3rd argument is the name of archive file (tar file).

Your script should perform the following functions

• Check whether 3 arguments have been passed or not.

• If three arguments have not been passed display appropriate message and exit.

• Check whether the 1st argument is not the string “old” or “new” display appropriate message and exit.

• Create a temporary directory under current directory • Using a “for loop” copy all the required files in the temporary directory.

• Create an archive file of the copied files. The name of the archive files is the 3rd argument. Compress the archived file.

• Delete the temporary directory along with copied files.

Example execution: If user type the following ./backup.sh old 5 backup.tar The script will create a compressed archive file named backup.tar.gz in the current directory containing five oldest file in the current directory. ./backup.sh new 4 backup.tar The script will create a compressed archive file named backup.tar.gz in the current directory containing four newest t file in the current directory

How would I create a script named backup.sh and do the 3 arguments?

Have some Python and C++ experience, but Unix in Terminal is completely foreign to me so as much detail as possible would be appreciated.

Thanks!