Business, 09.12.2019 21:31 sbender2901
On may 28, 2021, pesky corporation acquired all of the outstanding common stock of harman, inc., for $430 million. the fair value of harman's identifiable tangible and intangible assets totaled $519 million, and the fair value of liabilities assumed by pesky was $150 million. pesky performed a goodwill impairment test at the end of its fiscal year ended december 31, 2021. management has provided the following information: fair value of harman, inc.$410millionfair value of harman's net assets (excluding goodwill) 370millionbook value of harman's net assets (including goodwill) 422million required: 1. determine the amount of goodwill that resulted from the harman acquisition.2. determine the amount of goodwill impairment loss that pesky should recognize at the end of 2021, if any.3. if an impairment loss is required, prepare the journal entry to record the loss.
Answers: 2
Business, 22.06.2019 19:00
Question 55 ted, a supervisor for jack's pool supplies, was accused of stealing pool supplies and selling them to friends and relatives at reduced prices. given ted's earlier track record, he was not fired immediately. the authorities decided to give him an administrative leave, without pay, until the investigation was complete. in view of the given information, it would be most appropriate to say that ted was: demoted. discharged. suspended. dismissed.
Answers: 2
Business, 22.06.2019 20:30
Considered alone, which of the following would increase a company's current ratio? a. an increase in net fixed assets.b. an increase in accrued liabilities.c. an increase in notes payable.d. an increase in accounts receivable.e. an increase in accounts payable.
Answers: 3
Business, 22.06.2019 21:00
The purpose of the transportation approach for location analysis is to minimize which of the following? a. total costsb. total fixed costsc. the number of shipmentsd. total shipping costse. total variable costs
Answers: 1
On may 28, 2021, pesky corporation acquired all of the outstanding common stock of harman, inc., for...
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