Which excess of the acquirer interest in the net fair value

Assignment Help Accounting Basics
Reference no: EM132756967

Problem 1: The "excess of the acquirer's interest in the net fair value of acquiree's identifiable assets, liabilities, and contingent liabilities over cost" (formerly known as negative goodwill) should be,

a) Amortized over the life of the assets acquired.
b) Reassessed as to the accuracy of its measurement and then recognized immediately in profit or loss.
c) Reassessed as to the accuracy of its measurement and then recognized in retained earnings.'
d) Carried as a capital reserve indefinitely.

Reference no: EM132756967

Questions Cloud

How much is the goodwill and gain on bargain purchase : Net assets and liabilities at the acquisition date were P6,000,000 and P3,500,000 respectively. How much is the goodwill, gain on bargain purchase?
Supply chain integration is major contributing factor : Supply chain integration is a major contributing factor to organizational success. The goal of supply chain integration is alignment within the supply chain.
Explain the origin of the universe : In general terms, compare and contrast scientific attempts to explain the origin of the universe with theological ones.
What is the maximum capital cost allowance : Sleepy Pillow Co. (Sleepy) commenced business on January 1 of the current year, What is the maximum capital cost allowance
Which excess of the acquirer interest in the net fair value : Which "excess of the acquirer's interest in the net fair value of acquiree's identifiable assets, liabilities, and contingent liabilities over cost"
What was the effective annual rate return of the stock : On March 24, 2020, the Dow Jones Industrial Average opened at $18,591.93 and closed at $20,704.91. What was the daily return that day.
Identifying data-driven instructional systems : Explain how you would personalize instructional methods or learning materials for diverse students in your inclusive K-12 class.
What is the fair value of the liability to be recorded : December 31, 20x4 is P10. What is the fair value of the liability to be recorded in the financial statements for the year ended, December 31, 20x4?
Research finding with expectancy theory : Goal setting research suggests that people should be given difficult goals. Provide an explanation that reconciles this research finding with expectancy theory.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd