Case Brief Essay Example | Topics and Well Written Essays - 500 words - 2

Case Brief - Essay Example She was also expected to reserve $ 200.00 every month for taxes and pay-- collecting the rents, paying for the net rentals towards the mortgage debt. However, On November 29, 1938, the mortgagee threatened foreclosure of the property after the reorganization of the interest grew to $ 15,857.71. Mrs. Crane, therefore, decided to sell it to a third party for $ 3,000.00 cash and paid $ 500.00 expenses of sale. She reported a taxable increment of $ 1,250.00. She argued that her property acquired from 1932-1938 was only the equity. She claimed that the equity was of zero worth when she acquired it. No depreciation could be taken on a zero value. Secondly, neither she nor her vendee ever assumed the debt; therefore, upon selling the equity, the amount she realized on the sale was $ 2,500.00. Nonetheless, he Commissioner determined that petitioner realized a net taxable gain of $ 23,767.03. He argued that, in addition to the net cash accounted by the petitioner, the amount realized should a lso contain the standard amount of the mortgage of $250,000 when sold. Issues: First, how the gain or loss on the sale of a physical property acquired by bequest subject is determined. Secondly, how the amount realized on the sale of a physical property is calculated and lastly, whether there are any depreciation allowances from the value of a property at the time of gaining. Analysis: The tax court first established the selling price comprised of the land and the building although the building is not a â€Å"capital asset†. The whole gain should, therefore, be taxed after the adjustments of the property were and tear has been made, under  §113 (a). The first question, the court determined that, under section  § 113 (a) (5), unadjusted basis for determining loss or gain on sale of a physical property. Mrs. Crane should determine her property value undiminished by the amount of the mortgage. In the second question, under  § 111 (b), the "amount realized" is calculated as the

Nokia Company Product Marketing Plan Assignment

Nokia Company Product Marketing Plan - Assignment Example Nokia Corporation is one of the major global producers of mobile phones, serving consumers in more than 130 countries. Nokia is separated into 4 business groups which include Mobile phones, Multimedia, Enterprise Solutions and Networks. The Nokia group, promotes wireless voice and data products in consumer and corporate markets. The Nokia solution group manufactures wireless phone for use in the corporate sector. Wireless broadcast and switching equipment is sold (Nokia, 2012).In the beginning of 1960, Nokia started to diversify in an effort to change the company into Regional Corporation with increase in interests outside Finnish borders. Being unable to begin effective internal development, the company turned its focus into achievement. However, the local government realized to decrease two underperforming local industries which supported Nokia’s development within the country and encouraged its eventual merger with â€Å"Finnish Rubber Works†, which was founded in 18 98, and â€Å"Finnish cable works†, which was formed in 1912, to form Nokia Corporation.In 1967, Nokia started a division to demonstrate design and manufacturing abilities in data processing industrial computerization and communications systems. The division was later expanded and made into several divisions, which then concentrated on developing information system, including personal computer and workplace, digital communication system and mobile phones. Nokia’s essential focus was development of the electronics sector.... Eco-friendly Mobile. This paper shows how Nokia can develop a marketing plan by implementing their past strategies, which the company has already applied. Firstly, in this paper, it shows the brief background about the company and its existing products and also shows the company’s past strategies i.e. how Nokia achieved its brand name and goodwill in past and current market situations. Next, it highlights the company’s situation analysis and overall study of internal and external factors through different marketing tools. For examining the situation analysis of Nokia’s market PEST analysis, competitor and consumer analysis have been applied. In internal analysis, it depicts the company’s current position in the market and the current data on brand performance of Nokia. This marketing plan also provides information of the company’s basic goals and objectives and shows after launching the Eco-friendly product, within this 12 months campaign, what can be expected regarding the fulfillment of their goals and objectives. Then, in this paper, Nokia’s target market and customers of their eco-friendly product has been analyzed and this paper also provides a clear picture regarding how the company segments their market for their eco-friendly product using four perspectives of segmentation. The marketing mix strategy of Nokia’s eco-friendly mobile using 4P’s has been provided. Certain evaluation and control methods have been provided which shows how the company can evaluate their market performance when they would launch their new eco-friendly product. An action plan is also provided which highlights the various elements of marketing plan through â€Å"Gantt chart† of 12 months campaign. 2 Table of Contents 3