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Book Review #2- “The Spirit Catches You and You Fall Down”

Chapters 4-6

  1. According to chapter 4 in the book, what perceptions of American physicians may have affected Hmong refugees’ ability to feel that they could trust the American health care system?
  2. How did Dwight Conquergood make some headway in working to promote public health among Hmong refugees at Ban Vanai camp?
  3. How may some of the negative perceptions of Foua and Nao Kao by staff affected how they cared for Lia and her family?
  4. How did you find yourself feeling about Foua and Nao Kao’s continual “noncompliance” with Lia’s medication regimen?
  5. Describe how Merced’s public health department effectively handled a public health situation regarding a Hmong family raising rats in the home and how could this communication have easily broken down?

 

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August 11, 2021by

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Case #1

Tooney Lunes Inc. (TLI) is a manufacturer of children’s clothes, mainly casual wear and is incorporated under the Canada Business Corporations Act. Seventy percent of its shares are owned by the Mickelodeon Group (MG), a Canadian publically traded corporation and the remaining thirty percent is publically traded on the Toronto Stock Exchange. TLI has a wholly owned subsidiary, Bickey Bouse Inc. (BBI) that is engaged in the production and sale in Canada of t-shirts and other merchandise that use famous cartoons and other characters that MG owns the likeness of.

MG has been licensing these cartoons and characters to various companies to produce its products, but the company has begun to be dissatisfied with their various licensing arrangements they are presently in. MG would like to acquire an existing manufacturing company so that they will have direct access to the Canadian market so that they can sell their manufactured clothes with the cartoons and characters on them. The acquired company would remain largely autonomous in its operations, except that MG would transfer existing licensed products to the acquired company as the current licensing arrangements will be expiring. The acquired company would be responsible for selecting other MG cartoons and characters to manufacture on clothing according to their market research. The acquired company would pay substantial licensing and royalty fees directly to MG for those of MG’s cartoon characters that it accepted to manufacture. Accordingly, MG instructed TLI to be on the lookout for potential acquisition targets.

Recently, TLI managers have learned that a diversified company, Canale Enterprises (CE), was interested in selling its wholly owned manufacturing subsidiary, Bunny Chevron Inc. (BCI). BCI had a small selection of successful products, but the company had recently focused its efforts elsewhere and was manufacturing less. Therefore, BCI seemed to be just the right type of company for TLI to acquire on behalf of MG.

TLI has reached an agreement in principle with CE to acquire BCI for a purchase price of $225 million. All companies have an income tax rate of 30%. The method of acquiring this company has yet to be decided, although three alternatives are presently being considered (Exhibit I). The directors of TLI (who are the same directors of MG) wish to obtain advice as to the potential financial reporting implications of the various options in Exhibit I. They will be using your report on which to base their decision of which acquisition structure to pursue.

Required:

Prepare a report to the directors of TLI giving them the advice they seek   

Exhibit I- Potential Acquisition Structures

1.    TLI will issue 9 million new common shares to CE in exchange for 100% of the shares of BCI. TLI’s shares are presently trading on the Toronto Stock Exchange at approximately $25 per share. The new share issuance would comprise 45% of TLI’s outstanding shares after the exchange. Share issuance costs of $1,500,000 will be incurred in connection with the new share issuance. TLI will elect the members of the Board of directors.

2.    TLI would pay $225 million cash to CE for the BCI shares. TLI would obtain the cash by borrowing the funds from the Royal Bank of Canada. The loan would be secured by the assets of BCI and guaranteed by MG. The bank will be reviewing the financial statements of TLI and MG on a regular basis as part of the loan terms, as certain key ratios will have to continuously be met.

3.    TLI will pay $200

 

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August 11, 2021by

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“Create a Java program that allows users to enter multiple sentences and revises the sentences by replacing certain negative words with positive words. The users can enter multiple whitespaces between words, DO NOT alter their spacing if the users use multiple whitespaces. DO NOT use arrays, regEx, replaceAll() and split() String method and import java.io.*. Go through character by character to locate each token. Use as many additional methods as it is needed to assist with the work.”

Specification:

1. Four target words: 1) Replace “fake” with “ingenious” 2) Replace “ugly” with “gorgeous” 3) Replace “strange” with “extraordinary” 4) Replace “unintelligent” with “quick-witted”

2. Do not convert embedded words: If the users embeds the negative words in other words, like “faker”, “stranger”, “unintelligently”, DO NOT convert the embedded words.

3. Adjusts the “a” and “an” if they appear before a target word: If the users enter “He is a fake person. He is an ugly person. He is a strange person. He is an unintelligent person.”, the sentences should be converted to “He is an ingenious person. He is a gorgeous person. He is an extraordinary person. He is a quick-witted person.” DO NOT change the “a” and “an” if they do not appear before a target word.

4. If the user enter something strange like “aN ugLY person”, convert the replacement words to lowercase like “a gorgeous person” (Assume that the replacement word would never appear as the first word of a sentence)

SAMPLE RUN:

(User enters) He is so faKE!!! You cannot find a faker person. I think a fake person is annoying.

Revised text: He is so ingenious!!! You cannot find a faker person. I think an ingenious person is annoying.

(User enters) He is AN UGLY person. He is so UNINTELLIGENT. He behaves strangely.

Revised text: He is a gorgeous person. He is so quick-witted. He behaves strangely.

(User enters) He is An ugly person. (if the user enters five whitespaces between “An” and “ugly”)

Revised text: He is a gorgeous person. (keep the five whitespaces between “a” and “gorgeous”)

 

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August 11, 2021by

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Question 5 {1 point} Q During the current year, all of the assets of Linden Enterprises, a Canadian controlled private corporation, were sold.Among the assets was goodwill with a fair market value of $425,!ifli]. As the goodwill was internally generated, itscapital cost was nil. Which of the following statements is correct? Cl 1} Linden will report active business income of $318,?5U, with no addition to the capital dividend account. 0 2 Linden will report a taxable capital gain of $212,5iifl, and there will be a $212,5iii] addition to the capital} dividend account. 0 3 Linden will report active business income of $212,5EJEI, and there will be a $212,5iifl addition to the capital} dividend account. Cl 4 Linden will report active business income of $318,?5U, and there will be a $1EIE,25EI addition to the capital} dividend account.

 

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August 11, 2021by