NETGEAR 10-K Annual Report:

http://d18rn0p25nwr6d.cloudfront.net/CIK-0001122904/e0037f25-ca9c-469a-bf67-bc3ec993885f.pdf

#19	1 pt	In the most recent year, as compared to the previous year, was NETGEAR more or less efficient in using long-term operating assets to generate sales?	In the most recent year, NETGEAR was more efficient in using long-term operating assets to generate sales. In the most recent year, NETGEAR was less efficient in using long-term operating assets to generate sales. In the most recent year, NETGEARs efficiency in its use of long-term operating assets to generate sales was the same as the previous year.
#20	3 pts	Notice on NETGEARs balance sheet that Goodwill stayed the same from Dec. 31, 2016 to Dec. 31, 2017. You cant see it on the current balance sheet, but Goodwill at Dec. 31, 2015 was $81,721,000. Therefore, Goodwill increased in 2016. This tells the financial statement reader that NETGEAR purchased at least one company in 2016 and paid more for the company than the fair value of its net identifiable assets. See Note 2 in the Notes to Consolidated Financial Statements. What company did NETGEAR purchase in 2016? How much more than its net identifiable assets did NETGEAR pay for the company? Why did NETGEAR pay more for the company than the appraisers said its assets (minus liabilities) were worth?	_________________________ Use all the zeros in your answer. Do not type the dollar sign or commas. $ _______________________ outstanding employees who will increase efficiencies outstanding location excellent customer base expected synergies resulting from the acquisition outstanding reputation
#21	2 pts.	NETGEARs balance sheet includes an Other non-current assets line. Is the total value of NETGEARs employees included in that line? Why or why not?	Yes, because the asset section of the balance sheet shows everything of value at NETGEAR. Yes, because NETGEAR could not be successful without its employees. No, because assets are shown at their historical cost. NETGEAR did not acquire its employees in purchase transactions; therefore, there is no cost to assign to them. No, because employees do not add value to NETGEAR.