subject
Business, 02.08.2019 22:10 notsobright10

Felhofer inc. purchased mckinley marine on june 1, 2012 for $25,000,000 and recorded goodwill of $3,100,000 in connection with the purchase. at december 31, 2015, the mckinley marine division had a fair value of $25,400,000. the net identifiable assets of mckinley (including goodwill) had a fair value of $24,900,000 at that time. what amount of loss on impairment of goodwill should felhofer record in 2015? (a)$0.(b)$500,000.(c)$600,000.(d)$2 ,600,000.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 14:40
Which website did you use to find the image you used in your career presentation? complete sentences are not necessary.
Answers: 1
question
Business, 22.06.2019 20:20
Which of the following entries would be made to record the requisition of $12,000 of direct materials and $6,900 of indirect materials? (assume that indirect materials are included in raw materials inventory.) a. manufacturing overhead 18,900 raw materials inventory 18,900 b. wip inventory 12,000 manufacturing overhead 6,900 raw materials inventory 18,900 c. raw materials inventory 18,900 wip inventory 18,900 d. wip inventory 18,900 raw materials inventory 18,900
Answers: 1
question
Business, 23.06.2019 02:30
Congressman patrick indicates that he is opposed to tax proposals that call for a flat tax rate because the structure would not tax those individuals who have the ability to pay the tax. discuss the position of the congressman, giving consideration to tax rate structures (e.g., progressive, proportional, and regressive) and the concept of equity.
Answers: 3
question
Business, 23.06.2019 10:00
Avillage levied property taxes of $910,000 for calendar year 2019 on january 1, 2019 and immediately set up an allowance of $10,000 for uncollectible taxes. the village collected $870,000 in cash during 2019. it expected to collect $22,000 of the unpaid taxes during the first 60 days of 2020 and an additional $8,000 during the rest of 2020. how much should the village recognize as property tax revenues in its 2019 general fund financial statements? a) $870,000 b) $892,000 c) $900,000 d) $910,000
Answers: 1
You know the right answer?
Felhofer inc. purchased mckinley marine on june 1, 2012 for $25,000,000 and recorded goodwill of $3,...
Questions
question
History, 19.11.2019 07:31
question
Computers and Technology, 19.11.2019 07:31
question
Mathematics, 19.11.2019 07:31
question
Mathematics, 19.11.2019 07:31
Questions on the website: 13722367