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Up North Marina is and has been the only marina on Lake Woodward for the last 20 years. There have been numerous efforts to open other marinas during this time period. Each attempt, however, was unsuccessful. A recent lawsuit was successful in proving liability on the part of Up North Marina management is keeping many of those other marina operations off the lake. The court is now addressing the liability issue in this case.
a. You are the forensic accountant for the plaintiffs in the case. What documents and other information will you seek to compute damages? What will be the basis for you damage estimate? What is your theory of damages, and what are the components of your damage model?
b. You are the forensic accountant for the defendant in the case. What documents and other information will you seek to compute damages? What will be the basis for your damage estimate? What is your theory of damages, and what are the components of your damage model? What are your plans to counter the plaintiffs’ damage calculations?
Kaitlyn's company needs to obtain funds in order to keep the business going; however, she does not want stockholders influencing the direction of her company. Illustrate what type of financing should Kaitlyn acquire?
Using the high-low method, determine an equation for electricity cost (Y) as a function of units produced (X). Assume a linear function. and Using your equation, forecast electricity cost at a volume of 29,000 units produced.
Evaluate the directional impact accounting difference described above would have on the subsequent ratios calculated under IFS and US GAAP.
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liabilities with a book value and fair value of $20,000 on the date of combination. Sun also paid $4,000 to a search firm for finders fees related to the acquisition.
Evaluate the basic and diluted consolidated EPS for the year ended 31 st December, 2014. Use quarterly share averaging.
Evaluate the selling price per unit. Which of the following is not a difference between financial accounting and managerial accounting?
Using only the amounts given calculate net cash provided by operations, both without as well as with the reclassification of the receivables. Which reporting makes Moss look better
ARB 43 noted that there are two separate types of intangibles: those having a term of existence limited by regulation and others and those having no such terms of existence
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