Access the Yahoo! (renamed as Altaba, ticker: AABA) 10-K report for the year ended December 31, 2016,
Question:
Access the Yahoo! (renamed as Altaba, ticker: AABA) 10-K report for the year ended December 31, 2016, filed on March 1, 2017, at SEC.gov.
Required
1. What amount of goodwill is reported on Yahoo!’s balance sheet? What percentage of total assets does its goodwill represent? Is goodwill a major asset for Yahoo!? Explain.
2. Compute the change in goodwill from December 31, 2015, to December 31, 2016. Comment on the change in goodwill over this period.
3. Locate Note 6 to its financial statements. What are the three categories of intangible assets that Yahoo! reports at December 31, 2016? What proportion of total assets do the intangibles represent?
4. What does Yahoo! indicate is the life of “Tradenames, trademarks, and domain names” according to its Note 6?
Step by Step Answer:
Financial Accounting Information For Decisions
ISBN: 9781260705584
10th Edition
Authors: John J. Wild