Halford v. Seed Hawk Inc. 2006 FCA 275 (CanLII) 275 D.L.R. (4th) 556; 54 C.P.R. (4th) 130 (F.C.A.)

James Halford was a university-trained farmer who invented a device for putting seeds and fertilizer into the ground in one operation. It was a relatively simple device but he was granted a patent for it. Norbert Beaujot, an engineer and part-time farmer, developed a similar device and incorporated a company to commercially exploit it. Halford sued. Beaujot had seen the Halford device in operation before he developed his own, but the machine he developed was quite different although it accomplished the same thing.

What is the nature of Halford’s complaint?

Explain the arguments for both sides and the likely outcome.

What is the appropriate remedy if Halford is successful?

a) in a paragraph write about Trend and Seasonality of this store.

b) write about Regression model(s) and examine hypotheses

c) what is the least square regression line?

d) write about standard error and interpret it in a short paragraph.

* please just do it with excel and explain how you are solving it (preferred to use excel screenshots)

Globalization is transforming the world’s economies into a single borderless frontier. Global strategy takes advantage of this transformation via a world-scale integrated, coordinated approach in which the whole world is seen as the firm’s marketplace. (We went to Budapest Hungary)

1. In your own words, describe this transformation both qualitatively (e.g. through your personal observations: we went to Budapest Hungary) and quantitatively (for example, through statistics). What is the significance of this transformation for US businesses as well as for the organization for which you work?
2. In your own words, define a global mindset. What are the most important characteristics of a global mindset and how do they contribute to an organization’s success both inside and outside of the firm’s domestic market? Compare and contrast the attitudes of the businesses visited in Hungary with those of US firms. How do knowledge, skills and abilities contribute to the firm’s success?
3. What are the principal leadership challenges in developing and implementing a global mindset? Please analyze this question from strategic, tactical and operational perspectives and consider perspectives drawn from theory as well as your own personal experience. Please discuss the particular challenges faced by your organization.

4. When you retire, you would like to have a monthly pension of $8,000 per month for 30 years. Assume you have just had your 25th birthday and you intend to contribute monthly to your retirement fund until you are 60. The month after that you will start taking your pension. Your investment advisor has found a guaranteed investment for your fund that will yield 8% per year compounded quarterly (hint: you need to find equivalent effective monthly rate to be used for calculation purposes) for the duration of your pension needs. How much should you contribute each month to your retirement fund, assuming your contributions start one month after your 25th birthday?

7. Five months from today your company will begin receiving cash flows of $10,000 paid every eight months. The last of these $10,000 flows will occur 69 months from today. Calculate the present value (value today, time 0) of these cash flows. The discount rate provided to you by your accountant is 5% per year compounded quarterly

You are tasked with comparing the tax savings from two different depreciation methods. You’ve purchased an asset for $100,000. It has a depreciable life of 5 years. The marginal tax rate is $30%. The minimum return on alternative investments is 10%.

If the asset can be depreciated to zero value at the end of 5 years by the “straight line method”, what is the applicable depreciation schedule?

Which depreciation schedule would contribute the greatest savings if it were used in an NPV calculation for the asset?

Which depreciation schedule would contribute the least savings in an NPV calculation?

If schedule D were used, how much of the asset is left to be depreciated at the end of Year 2? This is called the “book value” of the asset. That value is tracked by the accounting department as the value of the asset (from a tax perspective) that remains on the “books”.

Suppose you are 30 years old. You plan to retire at age 67 and live forever (Ok 100 years old). You want to be able to withdraw $100,000 per year during your retirement. Assume that you will earn a starting salary of $50,000, which will grow at a 2% annual rate. Your employer contributes 5% of your annual salary to your retirement fund. Further assume that your retirement fund will be invested in a basket of well diversified indices that collectively yield an annual investment return of eight percent. Upon retirement, you plan to move your investment fund to a safer investment vehicle that yields an annual investment return of two percent. Upon your death, you want to bequeath your wealth to your favorite charity.

a) If you plan to donate $500,000 to your favorite charity, what percent of your annual salary do you need to contribute each year in order to achieve your retirement goals?

b) Use Solver to maximize the amount of donation subject to the constraint that you contribute no more than 8% of your salary each year to the retirement fund.

The legislature of the State of Texas has adopted a series of laws which impose a charge on business entities operating within the State. They say this is not an income tax because the taxpayer can use several different bases for calculating the amount of money due the State. Because of the federal system under which we operate, each state has legal jurisdiction over the entities operating within the bounds of the state. The legal reach of the state does not extend beyond the borders of the state for tax purposes. The legislature of the State of Texas has recognized that it is inappropriate to levy a tax on the sales value of items being shipped outside the State of Texas for consumption. The authorities will tell you that the Franchise Tax is a charge because the state has given a business the privilege of operating within the bounds of the state. The law in Texas provides for an allocation of sales revenue between Texas and other jurisdictions. Please prepare a short memo explaining the revenue allocation process.

What amount will the seller receive at the closing?

For this question, prorate using the actual number of days in the month and year. Split the escrow fee 50-50. The seller will pay the revenue stamps, and the buyer will pay title insurance and the recording fee. The buyer assumes the existing mortgage balance of $127,042.42, the buyer will pay in cash at closing the difference between the purchase price and the loan balance, and the present rnonthly payment on the loan is $1,001.40. Closing is October 15.

Use these relevant facts: • Purchase price: $350,000 • Earnest money: $3,500 • Commission rate: 60% split 50-50 • Real estate taxes: $2,900 (paid in full for the current year Jan. 1 through Dec. 31) • Escrow fee: $800 • Title insurance: $1,150 • Insurance policy: $758 (annual premium) • Revenue stamps: $126.30 • Recording fee: $30 • Interest rate: 3.75% (paid in arrears , with the next payment due Nov.1)

The correct answer is: $201,847.28

1. a) You’re a marketing analyst for Hasbro Toys. You get the following data:

   Compute and interpret the sample correlation coefficient between advertising expenditure and sales revenue.

b) An experiment results in one of the following sample points: E₁, E₂, E₃, E₄, or E₅.

    Find P(E₃) if P(E₁) = 2P(E₃), P(E₂₎= 0.1, P(E₄) =0 .2 and P(E₅) = 0.1

c) For each of the random variables defined below, what values may each of the random variables X assume?

(i) (1 point) X=the number of newspapers sold by the New York Times each month

(ii) (1 point) X= amount of ink used in printing the Sunday edition of the New York Times.