subject
Business, 11.12.2019 22:31 Ap621765

Waters corporation purchased johnson company 3 years ago and at that time recorded goodwill of $400,000. the johnson division’s net assets, including the goodwill, have a carrying amount of $800,000. the fair value of the division is estimated to be $1,000,000. prepare waters' journal entry, if necessary, to record impairment of the goodwill.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 18:30
Which of the following accurately describes one way that individual goods differ from public goods? a. people can be excluded from using individual goods if they don't pay. b. all individual goods are normal goods. c. demand for individual goods is always inelastic. d. consumer rivalry results in decreasing marginal utility for individual goods.2b2t
Answers: 3
question
Business, 21.06.2019 22:40
wilson's has 10,000 shares of common stock outstanding at a market price of $35 a share. the firm also has a bond issue outstanding with a total face value of $250,000 which is selling for 102 percent of face value. the cost of equity is 11 percent while the preminustax cost of debt is 8 percent. the firm has a beta of 1.1 and a tax rate of 34 percent. what is wilson's weighted average cost of capital?
Answers: 3
question
Business, 22.06.2019 04:40
What is ur favorite song and by who i know dis is a random question
Answers: 2
question
Business, 23.06.2019 02:00
Donna and gary are involved in an automobile accident. gary initiates a lawsuit against donna by filing a complaint. if donna files a motion to dismiss, she is asserting that
Answers: 1
You know the right answer?
Waters corporation purchased johnson company 3 years ago and at that time recorded goodwill of $400,...
Questions
Questions on the website: 13722367