Question
Based on this weeks reading and weekly lecture: Explain how Goodwill is computed. Does the fair value of assets versus the book value have any
Based on this weeks reading and weekly lecture:
Explain how Goodwill is computed.
Does the fair value of assets versus the book value have any effect on the recognition of goodwill?Provide an example with the associated journal entry.
Will the amount of Goodwill recognized change based upon the percent of the company purchased.Can the amount be the same?
In a percent acquisition, what would cause the amount of Goodwill to be non-proportional? Provide examples to support your answer.
Discuss the differences between goodwill and a bargain purchase. Provide an example to support your conclusion.
Discuss the treatment of goodwill that exists on a subsidiary's books.
Watch the "Disney Buys Star Wars (Links to an external site.)Links to an external site." video and review the Walt Disney 2013 Annual Report (Links to an external site.)Links to an external site.. In your post, answer the following:
What did Disney get with the 4 billion acquisition and how does Forbes Staff, Dorothy Pomerantz, classify Star Wars as a property in the video?
What percent of the following companies does the Walt Disney Company own and how does the Walt Disney Company account for the following investments?
Lucas Film
Hulu
AETN
UTV
Seven TV
How much did the Walt Disney Company increase the investment account during the year due to recognizing investee income?(Cash flow statement)
How much did the Walt Disney Company decrease the investment account during the year due to receiving dividends from equity investments? ( Cash flow statement)
What effect do the two above amounts have on the cash flow statement and why are the amounts added or subtracted
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