The holtz corporation acquired 80 percent of the 100,000 outstanding voting shares of devine, inc., for $7.40 per share on january 1, 2017. the remaining 20 percent of devine’s shares also traded actively at $7.40 per share before and after holtz’s acquisition. an appraisal made on that date determined that all book values appropriately reflected the fair values of devine’s underlying accounts except that a building with a 5-year future life was undervalued by $82,000 and a fully amortized trademark with an estimated 10-year remaining life had a $72,000 fair value. at the acquisition date, devine reported common stock of $100,000 and a retained earnings balance of $312,000.

Sauer food company has decided to buy a new computer system with an expected life of three years. the cost is $440,000. the company can borrow $440,000 for three years at 14 percent annual interest or for one year at 12 percent annual interest. assume interest is paid in full at the end of each year. a. how much would sauer food company save in interest over the three-year life of the computer system if the one-year loan is utilized and the loan is rolled over (reborrowed) each year at the same 12 percent rate? compare this to the 14 percent three-year loan.

Winston churchill's stamp collection was valued at $14 million when he died. at auction, it brought in only $4 million. what was it worth? why?

Amanufacturing firm is considering overhauling the existing compensation strategy. currently every front line employee who works on the assembly line earns the same hourly wage. ideally, management would like to institute a new pay system that involves pay-for-performance. which of the following recommendations is both consistent with scientific management's general emphases and generally good advice for management of this firma. the firm should adopt a differential pay system with one pay level for average performance, and a higher level for good performance. b. the firm should adopt a differential pay system, but the firm should modify it from its original design and provide many different levels of pay associated with different performance levels. c. the firm should understand worker psychology and to focus on pay as the key motivator. d. all of the abovee. none of the above