In 2010, Makena Bernice decided to purchase a vacant building lot located in Texas. Through her real estate agent, she contacted the person who appeared to be the owner of the lot, Eden Enterprises, Inc. The parties agreed on a sales price of $50,000 for the lot. After payment was delivered to Eden, Eden signed the deed over to Makena. Makena immediately took possession of the back half of the lot and constructed a home, living in the home for five years. During that time period, she only occupied the back half and did not put up any fencing or post any signs declaring her ownership. Unbeknownst to Makena, Eden never owned the lot, but had actually filed a fraudulent deed three years prior to the sale. In 2015, the real owner, Godin Realty, arrived at the property and began to build a home. The applicable statute of limitations is three years. How would you respond if you were Makena Bernice

Colah company purchased $1.8 million of jackson, inc. 8% bonds at par on july 1, 2018, with interest paid semi-annually. when the bonds were acquired colah decided to elect the fair value option for accounting for its investment. at december 31, 2018, the jackson bonds had a fair value of $2.08 million. colah sold the jackson bonds on july 1, 2019 for $1,620,000. the purchase of the jackson bonds on july 1. interest revenue for the last half of 2018. any year-end 2018 adjusting entries. interest revenue for the first half of 2019. any entry or entries necessary upon sale of the jackson bonds on july 1, 2019. required: 1. prepare colah's journal entries for above transaction.

1. the political environment in india has proven to be critical to company performance for both pepsico and coca-cola india. what specific aspects of the political environment have played key roles? could these effects have been anticipated prior to market entry? if not, could developments in the political arena have been handled better by each company? 2. timing of entry into the indian market brought different results for pepsico and coca-cola india. what benefits or disadvantages accrued as a result of earlier or later market entry? 3. the indian market is enormous in terms of population and geography. how have the two companies responded to the sheer scale of operations in india in terms of product policies, promotional activities, pricing policies, and distribution arrangements? 4. “global localization” (glocalization) is a policy that both companies have implemented successfully. give examples for each company from the case.

When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is