Mikkeli oy acquired a brand name with an indefinite life in 2015 for 40,000 markkas. at december 31, 2017, the brand name could be sold for 35,000 markkas, with zero costs to sell. expected cash flows from the continued use of the brand are 42,000 markkas, and the present value of this amount is 34,000 markkas. assume that a foreign company using ifrs is owned by a company using u. s. gaap. thus, ifrs balances must be converted to u. s. gaap to prepare consolidated financial statements. ignore income taxes.

required:

prepare journal entries for this brand name for the year ending december 31, 2017, under (1) ifrs and (2) u. s. gaap.

prepare the entry(ies) that the u. s. parent would make on the december 31, 2017 and december 31, 2018 conversion worksheet to convert ifrs balances to u. s. gaap.

Stocks a, b, and c are similar in some respects: each has an expected return of 10% and a standard deviation of 25%. stocks a and b have returns that are independent of one another; i.e., their correlation coefficient, r, equals zero. stocks a and c have returns that are negatively correlated with one another; i.e., r is less than 0. portfolio ab is a portfolio with half of its money invested in stock a and half in stock b. portfolio ac is a portfolio with half of its money invested in stock a and half invested in stock c. which of the following statements is correct? a. portfolio ab has a standard deviation that is greater than 25%.b. portfolio ac has an expected return that is less than 10%.c. portfolio ac has a standard deviation that is less than 25%.d. portfolio ab has a standard deviation that is equal to 25%.e. portfolio ac has an expected return that is greater than 25%.

You are purchasing a bond that currently sold for $985.63. it has the time-to-maturity of 10 years and a coupon rate of 6%, paid semi-annually. the bond can be called for $1,020 in 3 years. what is the yield to maturity of this bond?

Robin hood has hired you as his new strategic consultant to him successfully transform his social change enterprise. robin has told you that he counting on your strategic management knowledge to him and his merrymen achieve their goals. discuss in detail what you think should be robin’s two primary strategic goals and continue by also explaining your analytical reasons that support your recommendations.