Milestones
Week 1
Read through the case, then write up 5-7 sentences (good paragraph) with a reference to the case.
Week 2
In a minimum of 5 to 7 sentences, summarize the background of your case and indicate any assumptions that you are making regarding the case. Define your problem statement and research question(s). Include an APA Reference and citation. Individual Assignment.
Week 3
In a minimum of 5 to 7 sentences, identify the key terms in your case, and state why you believe each is relevant to your case. Include an APA Reference and citation. Individual Assignment.
Week 4
Gather data from multiple sources and present that data in one to two pages (12-point font, double-spaced). Be sure to document your sources. Include an APA Reference and citation. Individual Assignment.
Case 2
On March 1, year 1, Marvin Corporation promises to unconditionally transfer a building that cost $125,000 with an appraised value of $175,000 to Valerie Corporation on March 1, year 2 for a vehicle that was recently purchased for $140,000. As of December 31, year 2, Marvin Corporation has not transferred title to the building. Marvin Corporation received the vehicle. How should Marvin Corporation and Valerie Corporation record these transactions?