When a balance sheet reports a substantial dollar amount for goodwill, discuss what we should be concerned
Question:
Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (16 reviews)
The amount of goodwill that is carried on the acquirers statemen...View the full answer
Answered By
Hemstone Ouma
"Hi there! My name is Hemstone Ouma and I am a computer scientist with a strong background in hands-on experience skills such as programming, sofware development and testing to name just a few. I have a degree in computer science from Dedan Kimathi University of Technology and a Masters degree from the University of Nairobi in Business Education. I have spent the past 6 years working in the field, gaining a wide range of skills and knowledge. In my current role as a programmer, I have had the opportunity to work on a variety of projects and have developed a strong understanding of several programming languages such as python, java, C++, C# and Javascript.
In addition to my professional experience, I also have a passion for teaching and helping others to learn. I have experience as a tutor, both in a formal setting and on a one-on-one basis, and have a proven track record of helping students to succeed. I believe that with the right guidance and support, anyone can learn and excel in computer science.
I am excited to bring my skills and experience to a new opportunity and am always looking for ways to make an impact and grow as a professional. I am confident that my hands-on experience as a computer scientist and tutor make me a strong candidate for any role and I am excited to see where my career will take me next.
5.00+
8+ Reviews
23+ Question Solved
Related Book For
Financial Statement Analysis
ISBN: 978-0078110962
11th edition
Authors: K. R. Subramanyam, John Wild
Question Posted:
Students also viewed these Managerial Accounting questions
-
List the main risks auditors will be concerned with in assessing risk in the production and payroll processes of a typical manufacturing business.
-
Supervisors should be concerned with helping their employees cope with both job-related stress and off-the-job stress. Do you agree or disagree?Discuss.
-
Should the analysis phase be eliminated or reduced when we intend to use a software package instead of custom development or outsourcing?
-
Hanley asks his assistant to collect details on those costs included in the $21,000 indirect-cost pool that can be traced to each individual job. After analysis, Wigan is able to reclassify $14,000...
-
Determine the pH of a 1.00 M solution of HNO2. The Ka for HNO2 is 5.6 104.
-
What are the advantages of a firm with publicly traded stock?
-
19. This problem has been intentionally omitted for this edition.
-
Davis Chili Company is considering an investment of $35,000, which produces the following inflows: YearCash Flow 1 .......$16,000 2 ....... 15,000 3 ....... 12,000 You are going to use the net...
-
Landen Corporation uses a job-order costing system. At the beginning of the year, the company made the following estimates: Direct labor-hours required to support estimated production Machine-hours...
-
2: Considering the importance of marketing strategy discuss (i) sales promotion and public relations strategy using a suitable example for each, (ii) recommend your company the possible reasons(...
-
Identify and discuss the major provisions of accounting for foreign currency translation.
-
An important element in accounting for investment securities concerns the distinction between its noncurrent and current classification. Required: a. Why do most companies maintain an investment...
-
Gate AB in the figure is hinged at A, has width b into the paper, and makes smooth contact at B. The gate has density ρS and uniform thickness t. For what gate density, expressed as a function of...
-
If the dose rate from a sample of Ga-67 is 0.052 mSv per hour at a distance of 1.1 m, then what would be dose rate at 3.5 m ?
-
A 1.6x10^9 p/s point source of Po210-Be source of 4.5 MeV is stored behind a X cm of paraffin, the dose equivalent rate is not to exceed 0.10 mSvh-1h at a distance of 1m. What is the X cm needed to...
-
X 10 Let A = -9 y 7 4 Z 210 If the kernel of A contains the vector what are x, y, and z? -2
-
8-22. E.O.Q., Carrying cost = Storing cost + Interest. Following data are available with respect to a certain material. Annual requirement.......... Cost to place an order.. Annual interest rate. _...
-
A new company started production. Job 1 was completed, and Job 2 remains in production. Here is the information from the job cost sheets from their first and only jobs so far: Job 1 Hours Total Cost...
-
You are comparing and contrasting methodologies to value a standard government bond and an operating busi- ness. What do you consider when applying a discounted cash flow model in terms of cash flow...
-
What is the difference between direct materials and indirect materials?
-
There is a lightbulb exactly halfway between the front and rear of a long hallway in your spaceship. Your ship is traveling at \(0.5 \mathrm{c}\) relative to the earth. The bulb is suddenly turned...
-
At the end of 2012, you forecast the following cash flows for a firm for 2013- 2016 (in millions of dollars): What difficulties would you have in valuing this firm based on the forecasted cash flows?...
-
a. A firm reports earnings of $735 million and cash flow from operations of $1,623 million. What was the dollar amount of accruals listed in the cash flow statement? b. A firm with no net debt...
-
Coca-Cola, established in the nineteenth century, is a manufacturer and distributor of nonalcoholic beverages, syrups, and juices under recognized brand names. It operates in nearly 200 countries...
-
Berbice Inc. has a new project, and you were recruitment to perform their sensitivity analysis based on the estimates of done by their engineering department (there are no taxes): Pessimistic Most...
-
#3) Seven years ago, Crane Corporation issued 20-year bonds that had a $1,000 face value, paid interest annually, and had a coupon rate of 8 percent. If the market rate of interest is 4.0 percent...
-
I have a portfolio of two stocks. The weights are 60% and 40% respectively, the volatilities are both 20%, while the correlation of returns is 100%. The volatility of my portfolio is A. 4% B. 14.4%...
Study smarter with the SolutionInn App