In 2010, Makena Bernice decided to purchase a vacant building lot located in Texas. Through her real estate agent, she contacted the person who appeared to be the owner of the lot, Eden Enterprises, Inc. The parties agreed on a sales price of $50,000 for the lot. After payment was delivered to Eden, Eden signed the deed over to Makena. Makena immediately took possession of the back half of the lot and constructed a home, living in the home for five years. During that time period, she only occupied the back half and did not put up any fencing or post any signs declaring her ownership. Unbeknownst to Makena, Eden never owned the lot, but had actually filed a fraudulent deed three years prior to the sale. In 2015, the real owner, Godin Realty, arrived at the property and began to build a home. The applicable statute of limitations is three years. How would you respond if you were Makena Bernice

Paar corporation bought 100 percent of kimmel, inc., on january 1, 2012. on that date, paar’s equipment (10-year life) has a book value of $420,000 but a fair value of $520,000. kimmel has equipment (10-year life) with a book value of $272,000 but a fair value of $400,000. paar uses the equity method to record its investment in kimmel. on december 31, 2014, paar has equipment with a book value of $294,000 but a fair value of $445,200. kimmel has equipment with a book value of $190,400 but a fair value of $357,000. the consolidated balance for the equipment account as of december 31, 2014 is $574,000. what would be the impact on consolidated balance for the equipment account as of december 31, 2014 if the parent had applied the initial value method rather than the equity method? the balance in the consolidated equipment account cannot be determined for the initial value method using the information given. the consolidated equipment account would have a higher reported balance. the consolidated equipment account would have a lower reported balance. no effect: the method the parent uses is for internal reporting purposes only and has no impact on consolidated totals.

With the slowdown of business, how can starbucks ensure that the importance of leadership development does not get overlooked?

Investors who put their own money into a startup are known as a. mannequins b. obligators c. angels d. borrowers