Concept explainers
Case summary:
At a local business-supply store, I recently purchased your Negotiator Pro for my computer. I brought the CD because I saw your ad for it in Macworld magazine, and it looked as if it might be an effective tool for use in my corporate seminar on negotiation.
Unfortunately, when I inserted it in my office computer, it wouldn't work. I returned it in my office computer, it wouldn't work. I returned it to the store, but because I had already opened it, they refused to exchange it for a CD that would work or give me a refund. They told me to contact you and that you might be able to send me a version that would work with my computer.
You can send the information to me at the letterhead address. If you cannot send me the correct disc, please refund my $79.95. Thanks in advance for any help you can give me in this matter.
Characters in the case:
No prominent characters in the case.
To analyze:
The strengths and weakness of each sentences.
Revise each document so that it follows this chapter's guidelines.
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Excellence in Business Communication (11th Edition)
- Milani, Incorporated, acquired 10 percent of Seida Corporation on January 1, 2023, for $190,000 and appropriately accounted for the investment using the fair-value method. On January 1, 2024, Milani purchased an additional 30 percent of Seida for $600,000 which resulted in significant influence over Seida. On that date, the fair value of Seida's common stock was $2,000,000 in total. Seida's January 1, 2024, book value equaled $1,850,000, although land was undervalued by $120,000. Any additional excess fair value over Seida's book value was attributable to a trademark with an eight-year remaining life. During 2024, Seida reported income of $300,000 and declared and paid dividends of $110,000. Required: Prepare the 2024 journal entries for Milani related to its investment in Seida. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. View transaction list Journal entry worksheetarrow_forwardThe leo company hadarrow_forwardMCQ 4arrow_forward
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