(PLease type the answers) (accounting 5520) case study Case 40 Southlake Hematology/ Oncology Associates

1. Determine whether Dr. French entered into a contract with SHOA and or Dr. Hebert. If so, define the terms and elements of the contract

2. In your opinion if a breach of contract took place what is the measure of the damages that may have been suffered by SHOA? Could damages be limited to the non-compete period, and if so why or why not?

3. In this case, assuming damages resulted from breach of contract, how you would calculate damages?

4. Considering the practice started on June 1, 2004 and Dr. Frenchs resignation on Sept. 1, 2005, what significance would you place on the revenue and expenses of that period?

5. Would you use any of that revenue and expense history and how would you apply it?

6. Utilizing the information furnished, calculate a value of the SHOA Hammond office as of August 31, 2005.

7. In order to calculate damages under the discounted cash flow method, how would you determine what capitalization rate to use?

8. Prepare an expert witness report for the court that could be used by Wilson A. LaGraize, the expert witness