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Kurton Inc. owned 90% of Luvyn Corp.'s voting common stock. The consideration paid exceeded book value by $110,000. Of this amount, one half is attributable to a patent and is to be amortized over 5 years. Luvyn held 20% of Kurton's voting common stock, which cost $28,000 more than fair value. During the current year, Kurton reported separate net income of $224,000 as well as dividend income from Luvyn of $37,800. At the same time, Luvyn reported its separate net income of $70,000 as well as dividend income from Kurton of $19,600.Required:Prepare a schedule to show consolidated net income.

On Jul 29, 2024


  $55,000 ÷ 5 years = 11,000 $55,000 ÷ 5 years = 11,000
SA

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William has drafted the following email message to the HR manager of Hi-Tech Systems, enquiring if the company has a position open for Software Developer. Analyze the message and point out errors that will likely reduce the effectiveness of the communication. Redraft the email by following the tips for effective email messages.
From: willam.chandler@mail.com
To: lily.shafton@hitechsystems.com
Subject: Need help
Hi Lily,
Thank you for your time. I am a graduate in Computer Engineering from the University of Waterloo. I am presently looking for a job as a software developer and am interested in working for Hi-Tech Systems.
I have been following the company for several years now, and IMHO, it is the best place for a fresher in the industry to learn and grow. Hi-Tech Systems has distinguished itself as the company to have filed for the HIGHEST NUMBER OF PATENTS in 2010! It has also been selected as EMPLOYER OF THE YEAR by leading business magazines for four years in a row. I mean, what's not to like?
I passed with honours at Waterloo and received the "MOST PROMISING STUDENT OF THE YEAR" prize at our graduation. I am a good team player, voted leader of my student team.
PFA my résumé. Please let me know if you have a suitable position open for me. I hope to hear from you soon.
Regards,
William Chandler

On Jul 02, 2024


Errors in the original email that may reduce its effectiveness include:
- Informal language and abbreviations (e.g. "IMHO" instead of "in my humble opinion")
- Overly boastful language about the company and the sender's achievements
- Lack of specific information about the position being sought
- Lack of a clear call to action or next steps

A redrafted email could be as follows:

Subject: Inquiry Regarding Software Developer Position

Dear Ms. Shafton,

I hope this email finds you well. My name is William Chandler, and I recently graduated with a degree in Computer Engineering from the University of Waterloo. I am writing to inquire about any open positions for a software developer at Hi-Tech Systems.

I have been following Hi-Tech Systems for several years and am impressed by the company's reputation for innovation and excellence. I am particularly interested in the opportunity to contribute to a company that values continuous learning and growth.

I have attached my resume for your review. I would appreciate the opportunity to discuss how my skills and experience align with the needs of Hi-Tech Systems. Please let me know if there are any suitable positions available or if there is a preferred application process.

Thank you for your time and consideration. I look forward to the possibility of contributing to the success of Hi-Tech Systems.

Sincerely,
William Chandler
SA

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(Figure: The Profit-Maximizing Output and Price) Use Figure: The Profit-Maximizing Output and Price.Assume that there are no fixed costs and AC = MC = $200.At the profit-maximizing output and price for a monopolist,total surplus is:

A) $3,200.
B) $4,800
C) $1,000.
D) $1,600.

On Jun 29, 2024


B
SA

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Which of the following terms in an agreement would not render it illusory?

A) A right to cancel a contract after the first 30 days.
B) A party to an agreement has a right to cancel or terminate at any time,for any reason,and without any notice.
C) A promisee promises to buy "all the tools I want."
D) A promise to perform under the contract "if I feel like it."

On Jun 02, 2024


A
SA

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On the planet Economus, there are only two goods in the economy. One of the goods is econoapples. The supply of econoapples is: On the planet Economus, there are only two goods in the economy. One of the goods is econoapples. The supply of econoapples is:   The second type of good is the econoseed. The supply of econoseeds is:   The demand for econoapples is:   The demand for econoseeds is:   Determine the equilibrium price and quantity of each good in the Economus economy. Suppose the world government of Economus implements a $1 tax on econoapples. Do econoapple consumers suffer any burden of the tax? Are econoseed consumers affected by the econoapple tax? How much tax revenue does the tax policy generate? The second type of good is the econoseed. The supply of econoseeds is: On the planet Economus, there are only two goods in the economy. One of the goods is econoapples. The supply of econoapples is:   The second type of good is the econoseed. The supply of econoseeds is:   The demand for econoapples is:   The demand for econoseeds is:   Determine the equilibrium price and quantity of each good in the Economus economy. Suppose the world government of Economus implements a $1 tax on econoapples. Do econoapple consumers suffer any burden of the tax? Are econoseed consumers affected by the econoapple tax? How much tax revenue does the tax policy generate? The demand for econoapples is: On the planet Economus, there are only two goods in the economy. One of the goods is econoapples. The supply of econoapples is:   The second type of good is the econoseed. The supply of econoseeds is:   The demand for econoapples is:   The demand for econoseeds is:   Determine the equilibrium price and quantity of each good in the Economus economy. Suppose the world government of Economus implements a $1 tax on econoapples. Do econoapple consumers suffer any burden of the tax? Are econoseed consumers affected by the econoapple tax? How much tax revenue does the tax policy generate? The demand for econoseeds is: On the planet Economus, there are only two goods in the economy. One of the goods is econoapples. The supply of econoapples is:   The second type of good is the econoseed. The supply of econoseeds is:   The demand for econoapples is:   The demand for econoseeds is:   Determine the equilibrium price and quantity of each good in the Economus economy. Suppose the world government of Economus implements a $1 tax on econoapples. Do econoapple consumers suffer any burden of the tax? Are econoseed consumers affected by the econoapple tax? How much tax revenue does the tax policy generate? Determine the equilibrium price and quantity of each good in the Economus economy. Suppose the world government of Economus implements a $1 tax on econoapples. Do econoapple consumers suffer any burden of the tax? Are econoseed consumers affected by the econoapple tax? How much tax revenue does the tax policy generate?

On May 30, 2024


Equilibrium in the Econoapple market mandates that: Equilibrium in the Econoapple market mandates that:   Equilibrium in the Econoseed market dictates that:   We can set this equation for the price of econoseeds equal to the equation for the price of econoseeds derived from the econoapples market. This yields:   This, in turn, implies the price of econoseeds is 12. If the world government of Economus implements a $1 tax on econoapples, the new market equilibrium conditions change as follows. Equilibrium in the Econoapple market mandates that:   Equilibrium in the Econoseed market dictates that:   We can set this equation for the price of econoseeds equal to the equation for the price of econoseeds derived from the econoapples market. This yields:   This, in turn, implies the price of econoseeds is $12. The consumers of econoapples must pay the price of $19 plus the $1 tax. Thus, consumers pay 50% of the $1 tax on econoapples. Note also that econoseed consumers are not affected by the tax on econoapples as the market price of econoseeds has not changed. The econoapples tax generates $43 in tax revenue. Equilibrium in the Econoseed market dictates that: Equilibrium in the Econoapple market mandates that:   Equilibrium in the Econoseed market dictates that:   We can set this equation for the price of econoseeds equal to the equation for the price of econoseeds derived from the econoapples market. This yields:   This, in turn, implies the price of econoseeds is 12. If the world government of Economus implements a $1 tax on econoapples, the new market equilibrium conditions change as follows. Equilibrium in the Econoapple market mandates that:   Equilibrium in the Econoseed market dictates that:   We can set this equation for the price of econoseeds equal to the equation for the price of econoseeds derived from the econoapples market. This yields:   This, in turn, implies the price of econoseeds is $12. The consumers of econoapples must pay the price of $19 plus the $1 tax. Thus, consumers pay 50% of the $1 tax on econoapples. Note also that econoseed consumers are not affected by the tax on econoapples as the market price of econoseeds has not changed. The econoapples tax generates $43 in tax revenue. We can set this equation for the price of econoseeds equal to the equation for the price of econoseeds derived from the econoapples market. This yields: Equilibrium in the Econoapple market mandates that:   Equilibrium in the Econoseed market dictates that:   We can set this equation for the price of econoseeds equal to the equation for the price of econoseeds derived from the econoapples market. This yields:   This, in turn, implies the price of econoseeds is 12. If the world government of Economus implements a $1 tax on econoapples, the new market equilibrium conditions change as follows. Equilibrium in the Econoapple market mandates that:   Equilibrium in the Econoseed market dictates that:   We can set this equation for the price of econoseeds equal to the equation for the price of econoseeds derived from the econoapples market. This yields:   This, in turn, implies the price of econoseeds is $12. The consumers of econoapples must pay the price of $19 plus the $1 tax. Thus, consumers pay 50% of the $1 tax on econoapples. Note also that econoseed consumers are not affected by the tax on econoapples as the market price of econoseeds has not changed. The econoapples tax generates $43 in tax revenue. This, in turn, implies the price of econoseeds is 12. If the world government of Economus implements a $1 tax on econoapples, the new market equilibrium conditions change as follows. Equilibrium in the Econoapple market mandates that: Equilibrium in the Econoapple market mandates that:   Equilibrium in the Econoseed market dictates that:   We can set this equation for the price of econoseeds equal to the equation for the price of econoseeds derived from the econoapples market. This yields:   This, in turn, implies the price of econoseeds is 12. If the world government of Economus implements a $1 tax on econoapples, the new market equilibrium conditions change as follows. Equilibrium in the Econoapple market mandates that:   Equilibrium in the Econoseed market dictates that:   We can set this equation for the price of econoseeds equal to the equation for the price of econoseeds derived from the econoapples market. This yields:   This, in turn, implies the price of econoseeds is $12. The consumers of econoapples must pay the price of $19 plus the $1 tax. Thus, consumers pay 50% of the $1 tax on econoapples. Note also that econoseed consumers are not affected by the tax on econoapples as the market price of econoseeds has not changed. The econoapples tax generates $43 in tax revenue. Equilibrium in the Econoseed market dictates that: Equilibrium in the Econoapple market mandates that:   Equilibrium in the Econoseed market dictates that:   We can set this equation for the price of econoseeds equal to the equation for the price of econoseeds derived from the econoapples market. This yields:   This, in turn, implies the price of econoseeds is 12. If the world government of Economus implements a $1 tax on econoapples, the new market equilibrium conditions change as follows. Equilibrium in the Econoapple market mandates that:   Equilibrium in the Econoseed market dictates that:   We can set this equation for the price of econoseeds equal to the equation for the price of econoseeds derived from the econoapples market. This yields:   This, in turn, implies the price of econoseeds is $12. The consumers of econoapples must pay the price of $19 plus the $1 tax. Thus, consumers pay 50% of the $1 tax on econoapples. Note also that econoseed consumers are not affected by the tax on econoapples as the market price of econoseeds has not changed. The econoapples tax generates $43 in tax revenue. We can set this equation for the price of econoseeds equal to the equation for the price of econoseeds derived from the econoapples market. This yields: Equilibrium in the Econoapple market mandates that:   Equilibrium in the Econoseed market dictates that:   We can set this equation for the price of econoseeds equal to the equation for the price of econoseeds derived from the econoapples market. This yields:   This, in turn, implies the price of econoseeds is 12. If the world government of Economus implements a $1 tax on econoapples, the new market equilibrium conditions change as follows. Equilibrium in the Econoapple market mandates that:   Equilibrium in the Econoseed market dictates that:   We can set this equation for the price of econoseeds equal to the equation for the price of econoseeds derived from the econoapples market. This yields:   This, in turn, implies the price of econoseeds is $12. The consumers of econoapples must pay the price of $19 plus the $1 tax. Thus, consumers pay 50% of the $1 tax on econoapples. Note also that econoseed consumers are not affected by the tax on econoapples as the market price of econoseeds has not changed. The econoapples tax generates $43 in tax revenue. This, in turn, implies the price of econoseeds is $12. The consumers of econoapples must pay the price of $19 plus the $1 tax. Thus, consumers pay 50% of the $1 tax on econoapples. Note also that econoseed consumers are not affected by the tax on econoapples as the market price of econoseeds has not changed. The econoapples tax generates $43 in tax revenue.
SA

Answered

The majority of international migrants move to

A) the U.S. and Canada.
B) Western Europe.
C) countries relatively close to their home countries.
D) Japan and Australia.

On May 03, 2024


C
SA

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What is innovation in organizations? List and briefly describe the four steps of the innovation process.

On Apr 30, 2024


Innovation is the process of creating new ideas and putting them into practice. It is the means by which creative ideas find their way into everyday practices. The four steps of the innovation process are:
1) Idea creation- to create an idea through spontaneous creativity, ingenuity, and information processing.
2) Initial experimentation- to establish the idea's potential value and application.
3) Feasibility determination- to identify anticipated costs and benefits.
4) Final application- to produce and market a new product or service, or to implement a new approach to operations.