Business, 05.03.2020 14:02 nakeytrag

1. A U. S. company reports $11,600 in goodwill and decides to quantitatively test it for impairment at the end of the year. The following information is collected: Division 1 Division 2 Division 3 Book value of goodwill $ 5,000 $ 400 $ 6,200 Fair value of division 60,000 10,000 25,000 Book value of division 62,000 9,500 24,000 2. What is the amount of goodwill impairment loss for the year, following U. S. GAAP? A. $ 5,000 B. $ 3,400 C. $ 2,000 D. $ 3,500

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 20:40

Consider an economy where the government's budget is initially balanced. the production function, consumption function and investment function can be represented as follows y equals k to the power of alpha l to the power of 1 minus alpha end exponent c equals c subscript 0 plus b left parenthesis y minus t right parenthesis i equals i subscript 0 minus d r suppose that taxes increase. what happens to the equilibrium level of output?

Answers: 1

Answer

Business, 22.06.2019 22:10

Which of the following tends to result in a decrease in the selling price of houses in an area? a. an increase in the population of the city or town. b. an increase in the labor costs of construction. c. an increase in the income of new residents in the city or town. d. an increase in mortgage interest rates.

Answers: 1

Answer

Business, 23.06.2019 02:50

Marcus nurseries inc.'s 2005 balance sheet showed total common equity of $2,050,000, which included $1,750,000 of retained earnings. the company had 100,000 shares of stock outstanding which sold at a price of $57.25 per share. if the firm had net income of $250,000 in 2006 and paid out $100,000 as dividends, what would its book value per share be at the end of 2006, assuming that it neither issued nor retired any common stock?

Answers: 1

Answer

Business, 23.06.2019 03:00

By changing its recipe, a smoothie chain is reacting to a change in the environment. while it is important to be able to quickly adapt, it is also important to take a proactive approach to changes in the marketing environment. implementing a proactive approach requires constantly scanning and analyzing the environment so that changes do not come as a surprise. the statements below are findings from environmental scanning and analysis. select the marketing environment force that best describes each of the statements listed.

Answers: 3

Answer

You know the right answer?

1. A U. S. company reports $11,600 in goodwill and decides to quantitatively test it for impairment...

Questions