Goodwill for Impairment CLAUDIA Inc. has an internally generated goodwill and did not amortize or tested for impairment. They cannot amortize because measuring the components are complex and associating the costs incurred with future benefits are too difficult. Goodwill cannot generate cash flows independently and is made as a combination with other assets making up a business; it needs to be assigned to a reporting unit or cash-generating unit in order to test for impairment. Under ASPE‚ the impairment
Premium Depreciation Depreciation Balance sheet
Irodov Problem 3.7 As shown in Figure 1‚ the charges are located in at the four corners of the square ABCD whose diagonal is of length 2l. Since the point Xis located at a height of x units from the plane of ABCD along its central axis‚ the distance of X from any of the corners A‚B‚C and D is . The electric field strengths due to each of the four charges located at corners A‚B‚C and D are given by‚ The vertical components of EC and EB will cancel
Premium Electric charge Electrostatics Electromagnetism
Product Bundle Pricing The textbook defines product bundle pricing as “combining several products and offering the bundle at a reduced price” (274). This strategy can be effective at selling product accessories that customers would not buy outside the bundle. This can increase the total profit gained from each customer even if the profit margin on each item sold in the bundle is lower than if they had been sold separately. Walmart provides an excellent example of product bundle pricing with
Premium Xbox 360 Video game console
Executive Summary Loblaw Companies Limited must develop a corporate strategy in response to Wal-Mart’s upcoming expansion in the Canadian market through new Sam’s Club locations and possible Supercenters. Loblaw’s current success as Canada’s leading grocery retailer can be attributed to the popularity of its private label brands‚ its streamlined operations‚ and large-scale purchasing efficiencies. Wal-Mart poses a significant threat to this model through its extreme price competitiveness achieved
Premium Hypermarket Supermarket Term
Chapter 1 NAME The Market Introduction. The problems in this chapter examine some variations on the apartment market described in the text. In most of the problems we work with the true demand curve constructed from the reservation prices of the consumers rather than the “smoothed” demand curve that we used in the text. Remember that the reservation price of a consumer is that price where he is just indifferent between renting or not renting the apartment. At any price below the reservation
Premium Consumer theory Curve Supply and demand
CHAPTER 1 Understanding the issues 1. (a) horizontal combination—both are marine engine manufacturers (b) vertical combination—manufacturer buys distribution outlets (c) conglomerate—unrelated businesses 2. By accepting cash in exchange for the net assets of the company‚ the seller would have to recognize an immediate taxable gain. However‚ if the seller were to accept common stock of another corporation instead‚ the seller could construct the transaction as a tax-free reorganization
Premium Balance sheet Generally Accepted Accounting Principles Asset
UNITS‚ PHYSICAL QUANTITIES AND VECTORS 1 1.1. IDENTIFY: Convert units from mi to km and from km to ft. SET UP: 1 in. = 2.54 cm ‚ 1 km = 1000 m ‚ 12 in. = 1 ft ‚ 1 mi = 5280 ft . ⎛ 5280 ft ⎞⎛ 12 in. ⎞⎛ 2.54 cm ⎞⎛ 1 m ⎞⎛ 1 km ⎞ EXECUTE: (a) 1.00 mi = (1.00 mi) ⎜ ⎟⎜ ⎟⎜ ⎟⎜ 2 ⎟⎜ 3 ⎟ = 1.61 km ⎝ 1 mi ⎠⎝ 1 ft ⎠⎝ 1 in. ⎠⎝ 10 cm ⎠⎝ 10 m ⎠ 1.2. ⎛ 103 m ⎞⎛ 102 cm ⎞ ⎛ 1 in. ⎞⎛ 1 ft ⎞ 3 (b) 1.00 km = (1.00 km) ⎜ ⎟⎜ ⎟⎜ ⎟⎜ ⎟ = 3.28 × 10 ft 1 km ⎠⎝ 1 m ⎠ ⎝ 2.54 cm ⎠⎝ 12 in. ⎠ ⎝ EVALUATE: A mile is
Premium Orders of magnitude
Case 9 Horniman Horticulture 1. The financial performance of a company can be determined by analyzing different financial ratios. The Horniman’s company financial performance looks strong and healthy if one looks at their 2005-projected financial summary net profit of 60.8 thousand dollars. Also they have a steady growth and increase from 2002 to 2004 in their revenue‚ profits and assets. In addition‚ Exhibit 2 demonstrates that all but one financial ratio supersede the benchmark for other horticultural
Premium Balance sheet Accounts receivable Asset
6‚ 11‚ 12‚ 2‚ 11 13‚ 14‚ 15‚ 16 6. Costs subsequent to acquisition. 18‚ 19 13 21‚ 22‚ 23 7. Alternative valuations. 22 8. Disposition of assets. 23 Copyright © 2013 John Wiley & Sons‚ Inc. 1 Exercises 1‚ 2‚ 3‚ 5 1‚ 5‚ 6 2 1 3 14‚ 15 24‚ 25 Kieso‚ Intermediate Accounting‚ 15/e‚ Solutions Manual 4 1 (For Instructor Use Only) 10-1 ASSIGNMENT CLASSIFICATION TABLE (BY LEARNING OBJECTIVE) Learning Objectives Questions Brief Exercises Concepts for Analysis Exercises Problems
Premium Depreciation Generally Accepted Accounting Principles
Academic Honesty Academic honesty is important in academics at any level. There are two main reasons for keeping academic integrity intact and they are to stop students from misrepresenting others works as their own and to cite original works giving the source the proper credit. It is important for students to understand the impact that dishonesty has on the educational process. It is also an integrity issue that encompasses the faculty and students as a whole. Academic honesty is the responsibility
Free Academic dishonesty Plagiarism University