A company wishes to acquire the use of equipment for five years.It also wishes to acquire maintenance services on the equipment, from the provider of the equipment, for the same period of time.Both the acquirer and provider of the equipment agree that the service represents 20% of the overall value of the transaction.Three options are available for the exchange of goods and services: (1) A payment of $1 million at the beginning of each contract year; (2) a lump sum pre-payment of $4.545 million; or (3) a lump sum pre-payment of $1.5 million at the beginning of the contract, and a lump sum payment of $3.888 million at the end of the contract.Except for the payment schedule, both the acquirer and the provider are completely open to structuring the transaction in any manner permitted by U.S. GAAP, including transfer of ownership at any point during the contract, or no transfer of ownership at all.The equipment being acquired typically is considered to have a 5 year useful life.

Required, Part I:

A) Design a transaction structure so that it falls under Topic 606 (Revenues from Contracts with Customers), and has the following characteristics:Two performance obligations, where the equipment sale is recognized at the point of sale, and the service revenue is recognized over a five year period.

B) Design a transaction structure so that it falls under Topic 606 (Revenue from Contracts with Customers), and has the following characteristics:One performance obligation, where the entire revenue is recognized at the point of sale.

C) Design a transaction structure so that the equipment falls under Topic 842 (Leases), the maintenance falls under Topic 606 (Revenues from Contracts with Customers), and has the following characteristics: The equipment is a financing lease to the lessee, a sales-type lease to the lessor, and the maintenance is a service contract with revenue recognized on a straight line basis over 5 years.

D) Design a transaction structure so that both the equipment and the maintenance are accounted for as a service contract, recognized equally over the five year life of the contract (i.e., there is no asset or liability recorded by the acquirer).

[note: you don’t need to implement each of the three payment options for each of the transaction designs listed above.Just choose whichever one of the payment options works best for your design.]

Required, Part II: For each of the four scenarios above, identify a type of company that would likely benefit more from that transaction structure than from any of the other three transaction structures you designed.Briefly describe why you think this would be the most beneficial transaction structure for the company.You may define “type” of company however you wish, although it’s probably easiest to think in terms of financial statement needs (i.e., companies with a lot of debt; or companies with tight debt covenants; or growth companies; or companies with declining revenues; or companies with unstable earnings patterns; etc.).

In Module 3, Discussion 1 we asked you to work together, using The Global Workplace case study, to analyze key concepts drawn from scholarly literature related to diversity and cross-cultural issues. This week, you will build upon that collective knowledge by examining ethical issues that affect competing entities, with particular attention focused on issues affecting underrepresented and disenfranchised individuals and groups. You must contribute meaningfully through analysis, synthesis, and the effective use of cited information as evidence.

Case study:

Headquartered in the United States, G2Q is a multinational company specializing in the commodification of water. In response to company shareholders’ demands for higher revenue, the company has adopted increasingly aggressive practices in its quest to acquire controlling rights to regional water resources around the globe. As part of that initiative, the company secretly proposed a profit-sharing agreement with some local leaders in a South Pacific location in exchange for the right to divert more surface and spring water to expand their bottled water production. This has resulted in local protests and work slowdowns at the local plant, which in turn decreased productivity and financial losses.

In an attempt to return to profitability, G2Q brought in managers from company headquarters to displace indigenous people previously hired in supervisory and leadership roles. None of the incoming managers speak the local language, and most complain about what they consider to be substandard living and working conditions.

Most of the employees are members of ethnic minorities from the host country with distinct differences in cultural norms and language preferences. For example, some behave as though they speak no English, while others refuse to make eye contact with managers. Still others appear to agree with everything managers say, then ignore their directions.

One former manager who quit, married a local, and lives in a nearby village has advised the incoming managers that “things are done differently over here” and cautions them against rushing to judgment. That presents a dilemma, as the company CEO has promised all managers a sizeable bonus if the plant regains its formerly profitable status within two years. Otherwise, the company will close down that location, firing the managers and leaving hundreds of people with little hope of finding other employment.

Directions:

You will work in the same groups your instructor established for the Week 3 part of The Global Workplace case study. Remember to keep all communication in your assigned group discussion area, and be prepared to engage with group members through the week. Remember, if no groups are designated, everyone is in the same group and you are responsible for negotiating the work assignments.

As a group, decide who’s responsible for the following, making sure that all topics are assigned:

• Economic justice <=== THIS IS MY TOPIC FOR THE GROUP

I AM ATTACHING LAST WEEKS ASSIGNMENT FOR A REFRENCE.

HI! I need someone to read 4 chapters out of the texts below and write a ONE PAGE reflection on each. Each chapter has 2 texts that goes along with it. At this point, if you have time, you can read both, but if you don’t I’d prefer you read Mattison’s chapter. The reflection is NOT to be a summary of the chapter but it should include, personal insights, reactions to personal or professional life experiences, and a minimum of 3 references (author&page) from either Mattison text or Panicola et al. Also, its EXTRA if you come up with one question from the chapter.

The chapters are fairly short, they range from 7-9 pages. These are chapters 7,9,10,&11