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Hilton Hotels Corporation and Marriott International provide hospitality services. Hilton Hotel s’well-known brands include Hilton, Doubletree, Hampton Inn, Embassy Suites, Red lion Hotels and Inns, and Homewood Suites. Marriott also owns or manages properties with recognizable brand names, such as Marriott Hotels, Resorts and Suites; Ritz-Carlton; Renaissance Hotels; Residence Inn; Courtyard; and Fairfield Inn. On its balance sheet, Hilton Hotels Corporation includes brands of $2.8 billion, or 17 percent of total assets. Marriott international, however, does not list brands among its intangible assets. What principles of accounting for intangibles would cause Hilton to record brands as assets while Marriott does not? How will these differences in accounting for brands generally affect the net income and return on assets of these two competitors?
At the beginning of 2011, there was $2,000 of materials on hand. During the year, the company purchased $305,000 of materials; however, it paid for only $292,500. Explain how much inventory was requisitioned for use on jobs during 2011?
What basis of accounting do enterprise and internal service funds use and Which of the following is not a GASB-required statement for proprietary fun
Which costs are relevant and which are not relevant in the choice between these two alternatives? Illustrate what is the differential cost between the two alternatives?
When payrolls and other liabilities are incurred and must be paid before substantial amounts of cash will be collected, what type of short-term note is desirable and secured by a government's power to tax?
Find the company's cost of common equity if all of its equity comes from retained earnings and What would the cost of equity from new stock be?
Approximately 30 percent of the inventory purchased during any one year is not used until the following year. Illustrate what is the noncontrolling interest's share of Rockne's 2010 income? Prepare Doone's 2010 consolidation entries required by the ..
Determine the amount of National's total liabilities
The building was subjected to a mortgage of $75,000 which Jo assumed. Her basis in the stock she surrendered was $10,000. Illustrate what is the amount of the gain she must recognize?
Western Outfilters Mountain Sports projected 2008 sales of 75000 units at a unit sale price of $12.00. Actual 2008 sales were 72000 units at $14.00 per unit. Actual variable costs, budgeted at $ 4.00 per unit, totaled $4.75 per unit. budgeted fixe..
Calculate Dahl's 20X6 consolidated net income and identify the amount attributable to Dahl's shareholders and to the non-controlling interest. Be sure to show all your calculations. You are not required to prepare a consolidated income statement.
Actual materials used during the year were $5,500,000,actual direct labor cost was $3,500,000, and actual overhead was $9,000,000. Compute the overhead rate for the current year.
Show the likelihood of these payments being treated as constructive dividends. If a payment is deemed to be a constructive dividend, show how such a payment will be treated.
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