Hacienda Ecuestre del Caribe is a company dedicated to developing and reproducing carrier horses of the highest genetic quality from recognized and award-winning copies of Paso Fino. Their specimens are direct descendants of champions, certified by DNA. For their gestation, they have bellies carefully selected for their qualities, including mares descended from champions.

In addition to the sale of copies, the company generates income from other services such as:

stable rental and horse care,

Private classes seven days a week in the disciplines of horse riding, jumping and training for adults and children of all levels from beginners to advanced,

equine therapy (adapted riding) for children with special needs, and

selling items in your gift shop.

The company specializes in creating a family environment in which children and adults can observe, learn, and interact with horses. The Hacienda has the services of 2 trainers, both with a long and successful career as riders and instructors, and 4 maintenance employees.

WEEK 1: Email

When we have to account for business transactions with which we are not familiar, it is advisable to investigate similar businesses. For this we can use the EDGAR database of the Securities and Exchange Commission.

The following two companies have similarities to RANCHO CAMPESTRE operations and can help us determine how to keep ranch accounting.

TASK: Using the SEC's Edgar Database, find the latest 10Q or 10K (select Documents and NO Interactive Data) from

1. Cal-Maine Foods (egg producer)

SeaWorld Entertainment, Inc (amusement park)

Examine the notes to the financial statements of both companies and identify the accounting policies of each company regarding the accounting of their animals: How do they classify or present the animals they own in the financial statements?

EDGAR: https://www.sec.gov/edgar/searchedgar/companysearch.html

YOU MUST DELIVER THE FOLLOWING: Prepare a brief in the form of an email message (email) addressed to the owner of the ranch (Mr. Jos Rivas) identifying the accounting policies that each company presents in the notes to the financial statements regarding to the accounting of your animals (classification in the statement of financial position, cost, useful life, feeding costs, veterinary costs, or any other pertinent information). You must clearly identify which company provides the information.

Keep the following points in mind when composing your email message:

The ranch owner is very busy. The e-mail message must have a heading that catches the attention of Mr. Rikvas and that makes a clear and direct reference to the subject under consideration.

Your email should get to the point and address the matter in question without explanations that do not add value.

This email is addressed to the owner of the company. The style must be formal. For example, you should not tutee the business owner or call him by his first name.