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Question - DMCI has acquired another business for P90,000,000 which is composed of tangible assets valued at P 80,000,000 and goodwill of P10,000,000. An asset with a carrying value of P18,000,000 was destroyed in a terrorist attack. The asset has no insurance. The recoverable amount of the business which is a single cash-generating unit is measured at P65,000,000.
How much is the impairment loss? How much is the carrying value of the tangible asset? How much is the carrying value of the goodwill?
Gentry Company produces speaker systems for trucks. Estimated sales (in units) in January are 20,000; in February 25,000; and in March 22,000. Each unit is priced at $45. Gentry wants to have 25% of the following month's sales in ending inventory.
you are a management analyst for xyz aircraft manufacturing company. your company currently manufactures and sells four
juett company produces a single product. the cost of producing and selling a single unit of this product at the
Suppose you work in a senior management position for a large corporation. A member of your team has suggested that your company outsource the help desk functions. Would you support a plan to outsource your help desk? Support your answer.
Company A owns 15% of the voting shared of Company B, a listed company. Determine the total interest (in percentage) of Company A in Company B
Lorna Business Solutions had a profit of P330,000 in 2020. Determine the net cash flow from operating activities under indirect method
On January 1, 2012, when the carrying value of the bonds was $832,000, the company redeemed the bonds at 105. Record the redemption of the bonds assuming that interest for the period has already been paid.
kelin bought a trademark from royce for 300000.nbsp an independent research company estimated that the remaining useful
Calculate Sandhill's net income as a percent of sales, Vertical analysis (common-size) percentages for Sandhill Co.'s sales revenue
Prepare appropriate journal entries for Krusty Burger on January 1, 2014. Prepare an amortization schedule describing pattern of interest over the lease term.
geena matheson owns and operates a successful florist shop in bloomington indiana. geena estimates that her variable
your company acme computer is considering a new project whose data are shown below. the equipment that would be used
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