1.

You are delivering a presentation to management of your company. Your company owns several commercial properties. The research question you will address is whether a contribution from a tenant (to help fund the construction of a new parking garage onsite, which your company will capitalize) should be treated as income, or whether the contribution should be included in the capitalized cost of the garage.

Thinking beyond the case facts, list four other considerations you should be prepared to address (such as during Q&A) or background understanding you should gain before presenting

2. On 1/1/X4, Robbins, Inc. signed a loan agreement with Country Bank, for Robbins to borrow $400,000 to fund expansion of its operations. In doing so, Robbins agreed to several covenants, including that Robbins would not sell its current portfolio (3,400 shares) of IBM stock (market value at date of contract execution: $117.64 per share) until the loan is repaid in full. The loan term is 5 years, at which time Robbins will be required to pay back the full principal amount of the loan. Monthly, Robbins must pay the bank interest at an annual rate of 5%.

The market price per share of IBM stock is $117.50 at 3/31/X4, $118 at 6/30/X4, $120 at 9/30/X4, and $118.50 at 12/31/X4. Robbins is a public company with a calendar year-end that prepares quarterly financial statements and has a classified balance sheet.

Required: Identify the relevant financial reporting and disclosure issues associated with the transaction in Robbins Q1-Q4 20X4 financial statements.

3. Imagine you are presenting an accounting issue to a class of your peers. The issue is when a company should recognize for the sale of a phone (at a discount) with a two-year service contract. Prepare a draft agenda (using bullet points) for this hypothetical presentation.

4. Now imagine that you are presenting the same issue to the companys managers, who do not have a deep accounting background. Name three ways in which the focus, delivery, or content of your presentation might change in light of this audience