Cool Care, an SEC registrant and a hospital operator in the United States, acquired all of the outstanding common stock of Healthy Hearts, an unrelated third party that operates specialty hospitals focused exclusively on cardiology. After the acquisition, Healthy Hearts become a wholly owned subsidiary of Cool Care (the “Acquisition”). Several years before the acquisition, in a public offering, Healthy Hearts raised capital to expand and upgrade its operating rooms by issuing $400 million aggregate principal amount of 7.00% senior notes due in 2020 (the “Notes”). In performing due diligence and assessing the terms of the Notes, Cool Care determined that it could obtain cheaper financing and instructed Healthy Hearts to make a tender offer for any and all its outstanding Notes (the “Tender Offer”). Accordingly, contemporaneously with the Acquisition, all the outstanding Notes were redeemed. Healthy Hearts did not have sufficient cash on hand before the Acquisition to redeem the Notes. Additional Facts: The Acquisition meets the definition of a business combination. The terms of the Notes did not require Healthy Hearts to redeem or offer to repurchase the Notes upon a change in control (i.e., the decision to redeem the Notes was voluntary). It was Cool Care’s decision to redeem the Notes. The fair value of the Notes as of the date of the Acquisition was equal to the amount paid to redeem the tendered Notes. In addition, Healthy Hearts carried the Notes at their par value (i.e., there is neither a premium nor a discount present with the Notes).Required:In consideration of the information presented above, answer the following questions.1. Should Healthy Hearts include the extinguishment of debt (i.e., the Notes) in its pre-combination financial statements or should Cool Care include it in its post combination financial statements? Depending on the answer, determine the gain or loss on the extinguishment of debt to be recognized. (Note that for this question, the pre-combination financial statements represent Healthy Hearts’ operations before the Acquisition and the post-combination financial statements represent Cool Care’s consolidated financial statements after the Acquisition.)2. Are there differences between ASC 805 and IFRS 3 that should be considered in the analysis?3. Assuming that the pre-transaction is correct, why or why not should there be a gain or loss on redemption of the notes? Provide reasonings

Instructions As a manager of an organization, you will often need to find ways to cut   costs. One way to cut costs is to outsource by hiring another organization to   perform the service. Consider the scenario below. As a manager for the public outreach department, you realize that the current   system for managing outreach issues is outdated. You would like to have a new   outreach system developed using the Cloudera platform to help manage big data.   However, no one in the organization has the expertise. You will have to   outsource the project to save on costs and avoid management problems. Two   companies have sent in a bid—one from Vancouver, Canada, and one from Mumbai,   India. The bid from India was slightly lower than the bid from Canada. Compose   a  response that includes the elements listed below. Define what is meant by outsourcing. Explain how Peter Drucker’s statement (covered in the textbook in        uCertify) about how one company’s back room is another company’s front room        pertains to outsourcing. Use an example. Summarize the management advantages, cost reduction, and risk reduction of        outsourcing. Summarize the outsourcing risks concerning control, long-term costs, and        exit strategy. Discuss which company you would outsource to and why. Does distance        matter?

250-500 wordsRegarding the case of State v. Hoying [pp. 388 - 391 of the textbook], assume you are Hoying’s attorney and argue that he was not guilty of stalking. Make sure you back up your argument with a legal and factual basis.