An acquired firm’s financial records sometimes show goodwill from previous business combinations. How does a parent company account for the preexisting goodwill of its newly acquired subsidiary?.

Answers

Answer 1

When a company acquires a subsidiary or a part of another business, the accounting for it involves recognition and valuation of assets and liabilities, along with goodwill. Goodwill is the excess amount paid over the fair market value of the identifiable net assets of the business acquired.

Sometimes, the acquired firm’s financial records might show goodwill from previous business combinations. In such cases, the parent company has to account for the pre-existing goodwill of its newly acquired subsidiary.The accounting treatment for the pre-existing goodwill of the newly acquired subsidiary by the parent company depends on whether it is internally generated or acquired from a previous transaction.

If the goodwill is internally generated, the parent company will not recognize it as an asset in its consolidated financial statements. On the other hand, if the goodwill is acquired from a previous transaction, the parent company needs to recognize it as an asset in its consolidated financial statements.

The treatment for the pre-existing goodwill can further be divided into two categories: amortization and impairment. Amortization is the process of gradually reducing the value of the asset over a specified period, while impairment occurs when the value of the goodwill falls below its book value.

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Related Questions

why is market development necessary ?

Answers

A marketing development strategy is important because it helps a business grow and reach new customers in a planned, structured way. Expanding your audience creates the potential for more leads, more sales, and more revenue, but in-depth research is essential to make sure there's value in targeting new customers.

What is the objective of the Joint Project Planning Session?
Question 5 options:
Produce a detailed Project Plan
Produce Conditions of Satisfaction
Produce a Project Overview Statement
Produce Stakeholder Agreements
Which of the following is NOT a situation requiring team operating rules?
Question 16 options:
Conflict resolution
Problem solving
Project Training
Decision making
Mr. John Smith has been appointed as manager of large installation project. In his new role, Mr. Smith is responsible for managing potentially 300 stakeholders. Which of the following would be the BEST course of action for him to take?
Question 25 options:
Gather the needs
Find an effective way to gather the needs of all stakeholders
Contact the CEO and ask which stakeholders are most important
Eliminate some stakeholders

Answers

Produce a Project Overview Statement. Project Training. Find an effective way to gather the needs of all stakeholders.

The objective of the Joint Project Planning Session is to produce a Project training. This statement provides a high-level overview of the project, including its goals, scope, deliverables, and key stakeholders. It serves as a concise summary that helps align the project team and stakeholders on the project's direction and objectives. Project Training is not a situation that requires team operating rules. Team operating rules are typically established to guide and regulate team activities in areas such as conflict resolution, problem solving, and decision making. Project training, on the other hand, focuses on equipping team members with the necessary skills and knowledge to effectively perform their roles and contribute to the project's success.

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generally, firms will price a product more competitively at which stages of the product's sales life cycle?

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Generally, firms will price a product more competitively during the introduction and growth stages of the product's sales life cycle.

The introduction and growth stages of the product's sales life cycle

During these stages, the focus is on gaining market share and building brand awareness, so pricing the product competitively can help to attract more customers and increase sales.

As the product reaches the maturity and decline stages, the focus shifts to maximizing profits, so the pricing strategy may change to maintain profitability rather than competitiveness.

However, this can vary depending on the specific product, industry, and competitive landscape.

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after you finish giving a presentation, an audience member asks your team for additional information on your topic. your coworker is answering the question thoroughly, but you notice that the rest of your audience has tuned out. how can you re-engage your audience? select all that apply.

Answers

You might change to a different question or ask a new question of your audience if you notice that they are losing interest.

Describe Presentation.

A presentation is how a speaker communicates information to an audience. A presentation's typical goals include informing, persuading, inspiring, motivating, creating goodwill, or presenting a novel concept or service. Speeches, opening statements, lectures, and demonstrations can all be included in presentations. For presentations, preparation, planning, organization, writing, the use of visual aids, stress management, and question-answering are frequently required. Presentations are widely used in tertiary job settings, like when accountants give a corporation's detailed financial report. An interactive presentation has the advantage of capturing more audience attention and encouraging audience engagement, which promotes a sense of community.

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On December 1, Hansen Co. borrows $100,000 cash from National Bank by signing a 90-day, 6% interest-bearing note. On December 31, Hansen will record an adjusting entry by debiting interest expense in the amount of ______.$4,500$500$1,500$6,000

Answers

Hansen will record an adjusting entry by debiting interest expense in the amount of $500

On December 31, Hansen will record an adjusting entry by debiting interest expense in the amount of

=$100,000*6%30days/360 days

$500

Interest is the fee you pay to borrow money or the cost you fee to lend cash. Interest is most often meditated as an annual percentage of the amount of a loan. This percentage is referred to as the hobby price on the loan.

The 3 styles of interest consist of simple (everyday) interest, accumulated interest, and compounding interest. when money is borrowed, normally through the method of a mortgage, the borrower is needed to pay the hobby agreed upon by way of the two events.

Fundamental interest approaches the fixed fee of hobby payable on the splendid stability of every loan on the relevant particular rate.

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Dan wants to create a report that contains all fields from a table. Which option on the create tab should he utilize?

Answers

Answer:

Blank Report

Explanation:

Which of these product deletion strategies would NOT be an option for L’Oreal during its withdrawal from Innéov?
Run-out
Immediate drop
Repositioning
Phase-out

Answers

"Ran out." a circumstance where a producer discontinues selling a specific product permanently: To make room for new things, product deletion of slow-moving items is recommended. Compare.

Product removal Every large-scale enterprise has a persistent strain at its core: It takes some regularity and cross-market integration to achieve economies of scale and scope. Yet, catering to regional and national markets necessitates localizing goods, services, and business methods. The benefits of global size and the requirement for local distinction will only grow as U.S. and European businesses aggressively seek out clients in emerging economies. Wagamama, Starbucks, and Ana.

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the u.s. tax burden is a. about the same as most european countries. b. higher than most european countries. c. lower than most european countries. d. higher than all european countries.

Answers

Compared to most European countries, the U.S. tax burden is lower than most European countries. The Option C is correct.

What is a tax burden?

In economics, a tax burden is also known as a tax incidence, which means the effect of a particular tax on the distribution of economic welfare.

The tax burden measures true economic weight of the tax, which is measured by the difference between real incomes or utilities before and after imposing the tax taking into account how the tax leads prices to change. For instance, if 10% tax is imposed on sellers of butter, but the market price rises 8% as a result, most of the burden is on buyers, not sellers.

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serena receives a fifty-year annuity-due that has payments that start at $2,000 and increase by 3% per year through the twenty-fourth payment, then stay level at $4,000. find the accumulated value of this annuity at the end of fifty years if the annual effective rate of interest remains 4.2% throughout the time of the annuity.

Answers

The accumulated value of this annuity at the end of fifty years with an annual effective rate of interest of 4.2% is $320,739.72.

Calculation of accumulated value of an annuity:

To find the accumulated value of this annuity at the end of fifty years with an annual effective rate of interest of 4.2%, we can use the formula:

Where A is the accumulated value, P is the periodic payment, i is the annual effective rate of interest, and n is the number of payments.

In this case, the periodic payment is $2,000 until the twenty-fourth payment, then increases to $4,000. We can calculate the accumulated value by calculating the total accumulated value of the first 24 payments (at $2,000 each) and the remaining 26 payments (at $4,000 each):

Therefore, the accumulated value of this annuity at the end of fifty years with an annual effective rate of interest of 4.2% is $320,739.72.

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What role does the government have in external compliance requirements?

Answers

Answer: Some parts of the business, such as stock sales, will be governed by external compliance requirements.

Explanation:

in most organizations, the first step in the personnel selection process is

Answers

Answer:

screening the applications to see who meet the basic requirements for the job.

Explanation:

hope it helps

mark me brainliest pls

In most organizations, the first step in the personnel selection process is screening the applications to see who meet the basic requirements for the job.

What is the selection?

The phrase selection refers to the process of narrowing down a long number of candidates to a shortlist based on qualifications and skills. The applicant is chosen to fit the organization. The job applicant was chosen based on the organization's needs.

The screening interview is a job interview to determine whether an applicant is qualified for a position with the firm. Screening interviews are conducted by companies at the first stage of the employment process.

Selection testing is a screening procedure used by hiring managers to determine whether a candidate is a good fit for a particular position or firm.

Hence, the significance of the selection is aforementioned.

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A _________ license allows companies to install the software on multiple (or all) the machines that they own.

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A "Volume" license allows companies to install the software on multiple (or all) the machines that they own.

What is Volume license?

Volume licensing is a type of software licensing arrangement in which a single license key is used to authorize software on multiple computers.

Some key features regarding the Volume license are-

For example, a company may buy a software license that enables up to 50 of its employees to utilize the software concurrently. A single VLK (volume license key) can be used to authenticate this same software for all installations in this case.Product licenses would not expire: they are valid for the life of the product. Benefits from Software Assurance (SA) expire after two years, but they may be renewed for a fee up to 90 before the expiration date. There isn't a grace period just after license period has expired to renew your benefits.

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how does cost-benefit analysis help make economic decisions?

Answers

Cost-benefit analysis (CBA) is a tool that helps make economic decisions by comparing the costs and benefits of a particular project or policy.

CBA helps to identify the net benefits of a project or policy by subtracting the costs from the benefits. This allows decision-makers to see whether the benefits of a project or policy outweigh the costs and whether it is worth investing in or implementing. By using CBA, decision-makers can make informed choices about how to allocate resources and can ensure that they are using them in the most efficient and effective way possible.

CBA is a quantitative tool that helps decision-makers to weigh the costs and benefits of different options, it also helps to identify potential trade-offs and helps to prioritize among alternative options. It is widely used by government agencies, private organizations, and international bodies to evaluate the impact of proposed projects and policies.

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What levels of risk does investing in the stock generally carry
medium
medium, high,
low, high
or low?

Answers

Low, high  levels of risk does investing in the stock generally carry. Over the long term, stocks have the highest potential for growth for investors. Investors who have chosen to hold onto stocks for an extended length of time—say let's 15 years.

Typically been rewarded with robust, profitable returns. Utilize your associated banking account to open a risk and trading account. Access that trading account. Choose the shares you want to purchase or sell. Make sure you have the necessary investing funds in your account to purchase the shares stocks. taking dividends in— Many stocks distribute dividends, which are based on the company's earnings per share.

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TRUE or FALSE

Buying stock in a company would be a good way for me to invest my weekly pay check.

Answers

Answer:

TRUE

Explanation:

How important is money

Answers

Answer:

very important

Explanation:

money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.

The single most important thing to remember about a product/service mix is to keep it simple.


true or false

Answers

The following statement "The single most important thing to remember about a product/service mix is to keep it simple" is true.

The total range of goods or services that a company provides is referred to as its product mix. The many sorts of products supplied are typically represented by groups of these goods or services called product lines.

In order to retain consistency in the eyes of your target market, your product mix is crucial in defining the perception of your company and brand. Product mix choices are those made while deciding whether to add a new product or remove an existing one from the product mix, add a new product line, extend an existing line, or introduce new variations of a brand to grow sales and boost profitability.

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Answer:

False

Explanation: Keep it consistant

Other guy wrong >:(

on january 1, 2022, wheeler inc purchases a building for $800,000 and places it into service. when wheeler inc records depreciation on the building on december 31, 2022, it will increase depreciation expense and:

Answers

Deprecation is an periodic duty deduction that allows you to recoup the cost or other base of a given asset over time. This is option A.

still, 2022, the deprecation expenditure and accumulated deprecation will be increased, If Wheeler Inc records the deprecation of the structure on December 31.

deprecation is the measure of deprecation or other reduction in the value of a depreciable asset due to use, passage of time, or growing due to technological and request changes.

The accumulated deprecation increases each time as advanced deprecation costs are honored and the value of the asset decreases.

Question

January 1, 2022. Wheeler Inc buys the structure for$800,000 and uses it. However, 2022, the deprecation expenditure will increase and If Wheeler Inc records erecting deprecation on December 31.

a. increase accumulated depreciation

b. decrease the asset, Building

c. decrease cash

d. increase accounts payable.

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When computing the amount of interest cost to be capitalized, the concept of avoidable interest refers to:.

Answers

When computing the amount of interest cost to be capitalized, the concept of avoidable interest refers to the interest expense that a company could have avoided if it had not made the expenditures for the asset in question.

In accounting, interest costs can be capitalized if they are directly related to the acquisition or construction of a qualifying asset. However, only the interest costs that are directly attributable to the asset can be capitalized, not all interest costs incurred during the period. Avoidable interest is the interest cost that could have been avoided if the asset had not been acquired or constructed. This concept is important because it ensures that only the interest costs that are directly related to the asset are capitalized, and not all interest costs incurred by the company. By excluding avoidable interest, the capitalized interest amount accurately reflects the true cost of financing the asset.

To compute avoidable interest, you need to consider the weighted-average accumulated expenditure for the asset and multiply it by the interest rate(s) applicable to the borrowings.

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What's the difference between product and brand?

Answers

A product is made by a company and can be purchased by a consumer in exchange for money while brands are built through consumer perceptions, expectations, and experiences with all products or services under a brand umbrella.

Answer:

A product is made by a company and can be purchased by a consumer in exchange for money while brands are built through consumer perceptions, expectations, and experiences with all products or services under a brand umbrella. For example, Toyota's product is cars. ... Without a product, there is no need for a brand.

What's the difference between product and brand?

ON
Did you follow the tips from a successful businessman or practitioner before you engaged in your business​

Answers

Answer:

Indeed, prior to starting my commercial activities in my business, I was advised on how large entrepreneurs carried out their activities, and on the tips that they gave regarding how to manage and organize the business.

This gave me the tools to organize my business in the most effective way, avoiding common beginner mistakes when using commercial strategies that have already been tested by successful entrepreneurs.

Explain the differences between active and passive income. Which do you think is easier from an owner's standpoint, and why?

Answers

Answer:

Passive income is money earned on an investment, or work completed in the past that continues to make money without any additional effort. Active income, on the other hand, is money earned in exchange for performing a service. I would think active income is easier because it allows you to earn an income quickly and consistently. Passive income can take years to build.

Explanation:

Audrey, a team leader, wanted to make some changes in the seating arrangement of her team members to improve communication. She outlined a plan that she thought would suit everybody and sent it to all the members, asking them for their opinions and suggestions. This is an example of

Answers

The example of communication illustrated by Audrey is two-way communication.

What is communication?

It should be noted that communication simply means the exchange of information between parties.

In this case, Audrey outlined a plan that she thought would suit everybody and sent it to all the members, asking them for their opinions and suggestions. This form of communication that is illustrated by Audrey is two-way communication.

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costs that are necessary to
The cost of goods sold is the combination of
make the product or provide the service.
fixed
unpredictable
variable

Answers

Costs that are necessary to the cost of goods sold is the combination of variable cost.

What is variable cost?

Variable cost is a cost that varies with the level of output. This cost either increase or decrease with sales volume changes.

What the above means is that as the cost of production increases, variable cost also increase and vice versa. It is a cost that changes in relation to variations in an activity.

Therefore, costs that are necessary to the cost of goods sold is the combination of variable cost.

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If the current market rate of interest is 10%, then the present value of this stream of cash flows is closest to

Answers

To determine the present value of a stream of cash flows, you need to use the formula for present value, which takes into account the time value of money. In this case, the current market rate of interest is 10%, so you would use that as the discount rate in the formula. The formula for present value is:

PV = CF / (1 + r)n

Where PV is the present value, CF is the cash flow, r is the discount rate, and n is the number of periods.

Assuming the cash flow stream is a constant amount over a period of time, you can use the formula to calculate the present value. For example, if the cash flow is $1,000 per year for 5 years, and the discount rate is 10%, the present value would be:

PV = 1,000 / (1 + 0.10)1 + 1,000 / (1 + 0.10)2 + 1,000 / (1 + 0.10)3 + 1,000 / (1 + 0.10)4 + 1,000 / (1 + 0.10)5

PV = $3,791.28

Therefore, the present value of this stream of cash flows would be closest to $3,791.28 if the current market rate of interest is 10%.

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List your personal and professional goals and create an individual career plan. Your plan should have specific milestones and achievements and should span 10 years.

can someone help me I want to go into the Navy or be a Tattoo artist and I can't think of anything for this.
30 POINTS!!

Answers

Explanation:

Setting specific, measurable career development goals can help you get to the next level in your career. While developing a career plan can entail a significant amount of work, it will pay off in helping you to understand where you want to go with your career next and what you need to do to get there.

Creating and implementing an employee career development plan allows you to feel motivated at work, even if you haven’t found your dream job just yet, because it helps you to make concrete plans to get there.

Here, we define a career development plan template and outline five steps to easily and efficiently make an individual development plan for yourself.

QUESTION 4 of 10: A clothing designer is looking for a job that can cover her living expenses of $5,000 per month. If she plans on working
forty hours a week, with four weeks a month, what's the minimum hourly wage she needs?

Answers

Answer:

$31.25

Explanation:

40 hours a week x 4 weeks a month = 160 hours of work per month

$5,000 divided by 160 = $31.25

Carradine Company prepares an adjusting journal entry to accrue salaries at year-end. What effect will this entry have on the financial statements

Answers

Answer: Increase in Liabilities; Decrease in Equity

Explanation:

If Salaries are accrued at year end, the salary expense will be credited to the Salaries Payable account which is a liability account to reflect that the company owes its staff some money.

The amount owed will be debited to the salaries expense account and so will reflect in the Income statement where it will reduce the net income for the period. This means that it will reduce Retained Earnings for the period and as Retained earnings is an Equity account, Equity in total will decrease.

In order to compete in a global economy, companies have to handle social changes, political changes, and cultural differences. Suppose that you are

originally from Australia. You have been offered a job as an expatriate manager in Russia, a country with a culture that is radically different from

yours. What competencies would you need to take on this assignment? Check all that apply.

Risk aversion

Stability

An interest in seeking learning opportunities

Openness to criticism

Answers

Cultural adventurousness and Flexibility are the competencies that would need to be taken on this assignment

Through positive behaviours, attitudes, and policies, one may connect and communicate with people from different cultures. This is known as cultural competency. A racial, ethnic, religious, or social group's ideas, values, and thoughts are referred to as its "culture" in this sentence. Competence involves the capacity for efficient operation. This can improve teamwork and solidarity among employees, which will increase performance. Six learning-oriented dimensions include asking feedback, Flexibility opportunities to learn, being open to criticism, using feedback, and being culturally adventurous.

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What detail most clearly develops the central idea in the first question you answered?

Group of answer choices


"Plasmodium’s ancestors probably rubbed shoulders with the eggs and larvae of mosquitoes, similarly floating on sun-dappled waters.” (paragraph 7)


“And yet, despite the millennia-long battles between us, malaria still manages to infect at least three hundred million of us— . . . and kills nearly one million, year after year.” (paragraph 2)


"The survivors learned how to withstand the diseases’ ravages, though, and in time both measles and smallpox settled into being unremarkable childhood illnesses. . . .” (paragraph 1)


“The rest of us all do our obscure little part in the drama of life, weaving ourselves deeper into local ecology. . . .” (paragraph 4)


braiiest

Answers

The detail that most clearly develops the central idea in the first question is “And yet, despite the millennia-long battles between us, malaria still manages to infect at least three hundred million of us— . . . and kills nearly one million, year after year.” (paragraph 2).

What can be said of the Malaria pathogen?

The first question has the central idea that the malaria pathogen has not become less deadly over the centuries.

This is proven by the fact that even though humanity has fought the malaria pathogen for thousands of years, it still infects millions every year and leads to the death of almost of million people.

This means that the pathogen is still very strong and has not grown to be less deadly like measles and smallpox.

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Write the expression of a polynomial given the roots:3 and - 3 and 2 and -2X= triangular prism has these properties: Each base is a right triangle with lengths 5 inches, 12 inches, and 13 inches. The height of the prism is 5 inches.What is the surface area, in square inches, of the prism?Group of answer choices60 square inches30 square inches210 square inches240 square inches please help me with this Pythagoras theorem.. A triangle DEF is right- angled at E, with DE=6.7m and EF=5.5m . find the length of DF. The camera you want to buy costs $840 in the U.S. If absolute purchasing power parity exists, the identical camera will cost in Canada if the exchange rate is C$1= $8841. (5 Points) Complete this sentence. The __________ microscope allows forensic scientists to examine hair and fiber. dissecting objective specimen light compound What popular Song-era art idea does this image represent?A) the role of poetry in artB) the absence of color C) the three perfectionsD) Confucianism Please the correct option. and answer quick pleaseQ1:In which of the following situations 1 and 2 the transaction is on primary/seconadary market:1. An investor buys existing shares of Apple stock in the open market. Is this a primary or secondary market transaction?2. Costa Cafe decides to issue additional stock with the assistance of an underwritter. An investor purchases some of the newly issued shares. Is this a primary market transaction or a secondary market transaction?A. situation 1 is a transaction in the primary market, while situation 2 is a transaction in the secondary market.B. In both situations, transactions are in the secondary market.C. Since new shares of stock are being issued in situation 2, this is a secondary market transaction, while situation 1 is in the primary market.D. Transaction in situation 1 is in the secondary market, while the transaction of situation 2 is in the primary market.E. In both situations, transactions are in the primary market.__Q2:If a profitable firm decreases its dividend payment to shareholders, then investors understand that ...A. The firm generated lower earningsB. Dividends are irrelevant to the firms valueC. The firm would be suitable for retail investors and not for institutional investorsD. The firm has many profitable investment projects and needs to have increased retained earningsE. The firm has many investment projects and needs to have increased retained earnings___Q3:Calculate the price of a 1-year bond paying coupon rate 10% semi-annually with a YTM 8% and face value $1,000.$946.50$94.65$94.30$1018.86$945.60A. $101.88B. $94.30C. $94.65D. $945.60E. $1018.86 For an ion, the sum of the formal charges on each atom should equalQuestion 20 options: A) the overall charge of the ion. B) the electronegativity of each atom in the ion. C) zero. D) the opposite of the overall charge of the ion. Please help me correct answer if you said it correct I will give you brainlist please! The view of the cartoonist is most closely associated with what other situation?1. The clear and present danger concept espoused in the Schenck vs US decision (1919)2. The Lend-Lease act during the beginning of World War II3. President Jefferson's shift from strict constructionist views regarding the Louisiana Purchase4. Upton Sinclair's expose of the meat packing industry in the book The Jungle Natalie combines 8.54 liters of red paint with 8.31 liters of blue paint to make purple paint. She pours the paint equally into 2 containers, and has 1.13 liters of paint left over. How many liters of paint are in each container? Which protocol range you should specify to allow inbound RDP traffic?(1) 443(2) 80(3) 3389(4) 22 In a certain experiment, 0.969 mol sampe of Cu is allowed to react with 246mL of 6.60M HNO3 according to the following reaction: Cu(s) + HNO3(aq) -> Cu(NO3)2(aq) + H2O + NO(g)a) What is the limiting reactant?b) How many grams of H2O is formed?C) How many grams of the excess reactant remain after the limiting reactant is completely consumed? please solve in the next 10 minutes pleaseeee assume that the united states and spain are the only two countries in the world and that exchange rates between the two countries is flexible. assume that there write the sql code for the following: list the class name, room, location, day, and time for all classes. What are the consequences of writing selection structures to include an unnecessary nested selection structure ? Fit a quadratic polynomial to the data points (0, 27), (1,0), (2,0), (3,0), using least squares and sketch the solution. refers to those pieces of information that cannot be linked to any information that might link those responses to an individual, thereby disclosing the individual's identity. group of answer choices personally identifiable data anonymous data confidential data people data Factorise fully X^2 subtract 2x