In June 2001, the Financial Accounting Standards Board (FASB) eliminated the use of pooling for merger accounting. Since then, all mergers are handled using purchase accounting.

Consider this case:

Company A buys Company B for $30, when the net asset value of Company B’s assets is $50.

A _ Which of the following statements best describes the effect of the merger on the merged company’s consolidated balance sheet?

1- Company B’s assets will be written up to reflect the purchase price relative to net asset value.

2- Company B’s assets will be written down to reflect the purchase price relative to net asset value.

3- Company B’s common equity will be written up to reflect the purchase price relative to net asset value.

4- Company B’s liabilities will be deducted from Company A’s liabilities in the consolidated balance sheet.

B_ When reporting merger transactions, the asset values acquired are often reappraised, and the change in value is reported in the financial statements. An increase in asset value will lead ………. ( lower or higher ) depreciation charges. This will lead to………….. ( decrease or increase ) in earnings per share.

Late Submission Policy This assignment is subject to the Late Submission penalty policy, namely s per day for three days. • This page will close and will not allow further submissions after this Late Submission period has expired – In the event of an emergency situation preventing you from submitting within this time frame, special permission must be obtained from your instructor Documentation substantiating emergency is required. In such a circumstance, if the extension is granted, the professor will reopen the submission function for you on an individual basis Please do not email your submissions to your professor, either before or after the due date; all coursework should be submitted through the online course (Moodle) Objectives Upon successful completion of this unit students will be able to describe the three key elements of motivation explain the difference among the most prevalent theories of motivation, demonstrate how theories of motivation are used to develop organizational reward systems and • apply theories of motivation to themselves to better understand their own personal motivations Description This assignment requires students to analyse a case relevant to the conditions being experienced in the restaurant industry as it pertains to connecting organizational culture, diversity values attitudes motivation accountability, and talent management Required Materials Konta Birbrederi2020 Gusto 5 Creating a culture of Ownership and Accountability reporting Instructions Required Materials Partic Konrad, A & Birbrager, L. (2020) Gusto 54: Creating a wirure of Ownership and Accountability Ivey Publishing Instructions Sun Mon 1. Thoroughly read the case. It is recommended that you read 2-3 times 2. Prepare a 5 page report (12-point font, double spaced rot including the title page or reference page), that addresses the following questions • As of January 2020, what is Gusto 54’s competitive advantage? IT COVID 19 had never happened, would you have believed that the group would be able to maintain this advantage? Why or why not? . How would you define Gusto 54’s culture as of January 2020? Does your definition vary throughout the case • What role does values, attitudes, and diversity play at Gusto 54? Do you consider the values, attitudes, and diversity to be a strength or weakness at Gusto 549 . Do you agree or disagree with the steps that Gusto 54 took to build its people-first culture? Why or why not? What are the key challenges facing Gusto 54 in January 2020 (before awareness of the upcoming COVID-19 pandemic If COVID-19 had never happened, which challenge would have been Gusto 54’s largest barrier to continued growth? How would you suggest the group tackle this challenge? 13 14 20 21 27 28 Events Hide Hid Hid Hid Evaluation ACI Stude The individual Case Analysis will be marked in its entirety out of 100. The following rubric indicates the criteria students are to adhere to and their relative weights to the assignment overal Acces Athompsterles Demonstrated sol Final