Cooper Ltd

question 9

Multiple Choice

Cooper Ltd. acquired 70% of the common shares of Effy Ltd. at January 2, 20X1. At December 31, 20X3, Effy sold a machine to Cooper for $180,000. Effy had purchased the machine a few years earlier for $250,000. At the time of sale to Cooper, the machine had a carrying value of $150,000 and a remaining useful life of six years.
- Both companies do not claim depreciation for assets purchased in the second half of the year. For Cooper's December 31, 20X3, separate-entry financial statements, what net book value should be shown for the machine?

• A)$125,000
• B)$150,000
• C)$180,000
• D)$250,000

Understand the concept of "management by walking around" and its importance in service management.

Differentiate between tangible and intangible products and services.

Identify and explain the building blocks of service quality.

Recognize strategies to close the knowledge and communications gaps in service delivery.

---

Definitions:

Contempt

A feeling of disdain or deep lack of respect towards someone or something considered worthless or inferior.

Life Span Developmental Theory

A psychological framework that examines the development of individuals through all phases of life, focusing on physical, cognitive, and socio-emotional changes.

Middle Adulthood

The stage of life, typically between ages 40 and 65, characterized by stable career paths, family life, and confronting aging.

Childhood

The period of a person's life from birth until adolescence, characterized by rapid physical, cognitive, and emotional development.