{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T04:32:05-04:00", "answer_date": "2024-06-28 04:32:05", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4237834", "url": "\/study-help\/questions\/strengthover-inc-was-acquired-by-sleepeasy-inc-in-2012-at-4237834", "question_creation_date_js": "2024-06-28T04:32:05-04:00", "question_creation_date": "Jun 28, 2024 04:32 AM", "meta_title": "[Solved] StrengthOver Inc. was acquired by SleepEa | SolutionInn", "meta_description": "Answer of - StrengthOver Inc. was acquired by SleepEasy Inc. in 2012. At the time of acquisition, the limited life technology held | SolutionInn", "meta_keywords": "strengthover,inc,acquired,sleepeasy,2012,time,acquisition,limited,life,technology,held,valued", "question_title_h1": "StrengthOver Inc. was acquired by SleepEasy Inc. in 2012. At the time of acquisition, the limited life technology held by StrengthOver was valued at $65", "question_title": "StrengthOver Inc. was acquired by SleepEasy Inc. in 2012. At the time", "question_title_for_js_snippet": "StrengthOver Inc was acquired by SleepEasy Inc in 2012 At the time of acquisition, the limited life technology held by StrengthOver was valued at $65 million A number of years later, at the end of 2015, the StrengthOver reporting unit experienced a 50 decrease in sales, which was considered to be a triggering event At that time, after four years of amortization, the carrying value of the technology was $47,000,000 The company is deliberating the impairment of the technology and an expert has drafted the analysis below All numbers in this table are in thousands, i e $43,000 in the table below means $43,000,000 ", "question_description": "
  1. StrengthOver Inc. was acquired by SleepEasy Inc. in 2012. At the time of acquisition, the limited life technology held by StrengthOver was valued at $65 million. A number of years later, at the end of 2015, the StrengthOver reporting unit experienced a 50% decrease in sales, which was considered to be a \"triggering event\". At that time, after four years of amortization, the carrying value of the technology was $47,000,000. The company is deliberating the impairment of the technology and an expert has drafted the analysis below. All numbers in this table are in thousands, i.e. $43,000 in the table below means $43,000,000.<\/li><\/ol>

    <\/p>

    \"image<\/div><\/div><\/div>", "transcribed_text": "", "related_book": { "title": "Income Tax Fundamentals 2013", "isbn": "1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516", "edition": "31st Edition", "authors": "Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1124.jpg", "uri": "\/textbooks\/income-tax-fundamentals-2013-31st-edition-9781285586618", "see_more_uri": "" }, "free_related_book": { "isbn": "0309490081", "uri": "\/textbooks\/the-promise-of-adolescence-realizing-opportunity-for-all-youth-1st-edition-978-0309490085-261451", "name": "The Promise Of Adolescence Realizing Opportunity For All Youth", "edition": "1st Edition" }, "question_posted": "2024-06-28 04:32:05", "see_more_questions_link": "\/study-help\/questions\/business-corporate-finance-2020-July-01", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/describe-the-tbill-auction-process", "description": "Describe the T-bill auction process.", "stars": 3 }, { "url": "\/study-help\/psychology\/in-your-opinion-which-of-the-current-proposed-disorders-as-1983101", "description": "In your opinion, which of the current proposed disorders (as listed in Box 2.1) should be included as official disorders in the next edition of the DSM? On what do you base your opinion?", "stars": 3 }, { "url": "\/braggs-bakery-is-building-a-new-automated-bakery-in-downtown", "description": "Braggs Bakery is building a new automated bakery in downtown Sandusky. Here are the activities that need to be completed to get the new bakery built and the equipment installed. a. Draw the project...", "stars": 3 }, { "url": "\/study-help\/questions\/wichita-industries-sales-are-10-cash-and-90-on-credit-9845263", "description": "Wichita Industries' sales are 10% cash and 90% on credit. Credit sales are collected as follows: 40% in the month of sale, 50% in the next month, and 10% in the following month. On December 31, the...", "stars": 3 }, { "url": "\/study-help\/questions\/refer-to-the-judd-enterprises-financial-statements-what-is-judds-500968", "description": "Refer to the Judd Enterprises financial statements. What is Judd's projected retained earnings under this plan? Judd Enterprises These are the simplified financial statements for Judd Enterprises....", "stars": 3 }, { "url": "\/study-help\/questions\/final-exam-12-nuco-uses-the-periodic-method-and-has-1858680", "description": "Final Exam 12. NuCo uses the periodic method and has the following account balances: Purchase Returns, $17,000; Beginning Inventory, $4,000; Purchases, $193,000; Freight-In, $11,000; and Accounts...", "stars": 3 }, { "url": "\/study-help\/questions\/you-have-now-worked-with-both-csv-files-and-json-999855", "description": "You have now worked with both CSV files and JSON files. Certainly JSON files are more versatile, as they can represent a wider variety of data than a simple spreadsheet can. But a lot of data in the...", "stars": 3 }, { "url": "\/study-help\/questions\/your-company-has-a-microsoft-365-e5-subscription-you-need-999687", "description": "Your company has a Microsoft 365 E5 subscription. You need to identify vulnerable certificates on the company's devices. Which Vulnerability Management feature in Microsoft Defender for Endpoint...", "stars": 3 }, { "url": "\/study-help\/questions\/the-gra-a-quadratic-function-with-vertex-0-1-is-1001879", "description": "The gra a quadratic function with vertex (0, 1) is shown in the Find the unge and the domain. 10 8 -2 24 6 8.10 Write the range and domain using interval notation. (a) range: (0,0) [0,0] (0,0)", "stars": 3 }, { "url": "\/study-help\/questions\/consider-the-equation-z16-1-3i-find-the-value-of-999785", "description": "Consider the equation z16 (1+ 3i). Find the value of z which satisfies this equation and which has the second smallest positive argument 0,0 \n \n \n \n Answered: 1 week ago", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/hello-i-need-help-with-this-question-please-give-me-4237833", "next": "\/study-help\/questions\/you-are-working-as-the-accounts-officer-in-your-organization-4237835" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "StrengthOver Inc. was acquired by SleepEasy Inc. in 2012. At the time", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/strengthover-inc-was-acquired-by-sleepeasy-inc-in-2012-at-4237834" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } } } }