A hardware company decides to purchase land next to its current property in order to expand its carpeting and cabinet operation. Instead of paying cash for the land, it issues {x} no par value common shares to the seller. If no fair value can be reliably determined for the land, and the company’s shares have been recently traded with a fair value of ${y} per share, what is the value of the land? 

Orange Pekoe Co’s fixtures and fittings were purchased on 1 July 2022 at a cost of $50,000. The directors have depreciated them on a straight-line basis over an estimated useful life of eight years assuming a $5,000 residual value. At 1 July 2024, the directors realize that the remaining useful life of the fixtures is five years. There is no change to the estimated residual value. What is the depreciation expense for the fixtures and fittings for Orange Pekoe Co for the year ended 30 June 20X5?

As a result of its annual assessment of property, plant, and equipment for indications of impairment, an entity determines that equipment with a carrying amount of ${x} may be impaired due to technological obsolescence. Assume that the assets value in use is determined to be ${a}, its fair value is ${b} and the cost of disposal is ${c}. In addition, the expected future undiscounted net cash flows from the use of the asset and its later disposal are estimated to be ${y}. Calculate the impairment loss of the equipment under ASPE.

In which of the following situation, there is an increasing need to evaluate the commercial substance in  the asset exchange transaction?

A new high-end spa is receiving feedback that while its massage services (Product) are excellent and its staff (People) are professional, the overall experience feels sterile and unwelcoming. To address this, which of the 7 Ps should the marketing strategy focus on improving to better align with its premium brand image?

What is the foundational first step in Stanford’s 5-Step Human-Centered Design (HCD) process?

A luxury electric car company initially targets high-income environmentalists. They now want to launch a more affordable model to appeal to middle-class families. This strategic shift most directly requires a fundamental re-evaluation of which component of their STP framework?

An entrepreneur with a very limited budget wants to validate an idea for a new food delivery service in her city. What would be the most effective first step, combining primary and secondary research principles?

Within the 7 Ps of the marketing mix for services, which element refers to the tangible cues and setting where the service is delivered?

A hospital aims to reduce the spread of MRSA infections. One proposal is to implement stricter handwashing protocols and deep cleaning routines. A second proposal is to install a new type of white light system (like Vital Vio) that continuously kills bacteria. How do these two proposals illustrate the difference between adaptive and innovative thinking?