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hort Corporation purchased Hathaway, Inc. for $252,000,000. The fair value of all of Hathaway's identifiable tangible & intangible assets was $48,000,000. Short will amortize any goodwill over the maximum number of years allowed. What is the annual amortization of goodwill for this acquisition?
A. 100,000
B. 400,000
C. 200,000
D. 0
How would the concepts of utility, income, and substitution impact your purchases based on the rise in the cost of carbonated beverages?
Drayton Company manufactures equipment used by construction companies. It currently produces a product with 30 parts, but redesign has reduced the number of parts to 9.
What was the amount of Raw Materials used during this quarter?
In its first year of operations, Harden Con. earned $39,000 in revenues and received $33,000 cash from these customers. The company incurred expenses of $22,500 but had not paid $2,250 of them at year-end. The company also prepaid $3,750 cash for ..
Make a solution using strategic variables available to you to sustain the economic profits firm can earn. What are some of pricing strategies which you would recommend? What are some of the nonpricing strategies which you would recommend?
Which of the following is not classified as direct labor? a. bottlers of beer in a brewery b. copy machine operators at a copy shop. c. wages of supervisors d. bakers in a bakery.
As part of the initial investment, Omar contributes accounts receivable that had a balance of $25,000 in the accounts of a sole proprietorship. Of this amount, $1,150 is completely worthless. For the remaining accounts, the partnership will establ..
Pursuant to a complete liquidation, Oriole Corporation distributes to its shareholders land with a basis of $450,000 and a fair market value of $550,000. The land is subject to a liability of $600,000. What is Orioles's recognized gain or loss on ..
Identify which segments are significant enough to warrant disclosure in accordance with FASB No. 131, "Reporting Disaggregated Information about a Business Enterprise," by applying the following quantitative tests:
Prepare the journal entries for these transactions, assuming that the common stock has a par value of $3 per share. Prepare the journal entries for these transactions, assuming that the common stock is on-par with a stated value of $2 per share.
You have been asked to speak on the topic of the impact of organizational culture on decision making to a group of executives. In a five to seven paragraph speech, discuss the following.
Should employee create a retirement portfolio consist of diversified investments as no-load mutual funds and exchange traded funds?
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