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?

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?

Week Milestones Points
Week 1√ Choose a case from the Files section of the Course Menu.
In a minimum of 5 to 7 sentences, describe your initial thoughts regarding the case and the challenges you feel you will face with regards to the depth and complexity of the issues that will be addressed. 25
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). 25
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. 25
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. 25
Week 5 Organize and interpret the findings of your research in one to two pages (12-point font, double-spaced). 25
Week 6 Develop your recommendations and conclusions and state them and their rationale in one to two pages (12-point font, double-spaced). 25
Week 7 Using the guidelines above, prepare a comprehensive research memorandum on the case that you chose. 200
Week 7 Complete a peer review on your team members with the provided template. 100
Week 8 Prepare a PowerPoint presentation communicating your case facts, authoritative literature, recommendations, and conclusion. Please add audio to the presentation either using the PowerPoint function or VoiceThread. 95