1) What is Blockbuster’s amortization timetable? Do you think it is appropriate? The Blockbuster’s amortization timetable is 40 years. I think this is not appropriate because it is not the industry standard and should be 5-7 years. 2) What would be the impact on Blockbuster’s 1988 earnings per share if 5 year amortization were applied to this goodwill? This will actually make the company to experience large amount of goodwill and thus their tax liability will increase. 3) What would have been the
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The Roaring Twenties were a time of economic prosperity‚ innovation‚ heightened consumerism‚ and personal liberation. However‚ the new era also brought much tension that resulted in increased segregation and anti-immigrant ideals. While the twenties are considered a decade of liberation for many‚ it was also an era of civil unrest. The cultural advancements and diverse social landscapes of the 1920s were shaping a new society that threatened old ideals and exacerbated cultural conflict from those
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less costs to sell is $800‚000. Because of the value in use is higher than the fair market value less costs to sell‚ the recoverable amount would be $900‚000. The impairment loss is the difference between the carrying amount of $1‚100‚000‚ and the recoverable amount of $900‚000. Under IFRS‚ the building is impaired by $200‚000 as of December 21‚ 2010. 2. According to ASC 360-10-35-17‚ “ An impairment loss shall be recognized only if the carrying amount of a long-lived asset (asset group)
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This article was downloaded by: [176.249.0.116] On: 04 January 2013‚ At: 20:02 Publisher: Routledge Informa Ltd Registered in England and Wales Registered Number: 1072954 Registered office: Mortimer House‚ 37-41 Mortimer Street‚ London W1T 3JH‚ UK International Studies in Sociology of Education Publication details‚ including instructions for authors and subscription information: http://www.tandfonline.com/loi/riss20 Markets in public policy: The case of the United Kingdom education reform
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intangible assets and goodwill have highlighted the numerous approaches to measuring and reporting goodwill. These issues of identifying and measuring goodwill have provided great challenges in communicating the relevant value for an organisation. However‚ they are becoming increasingly more important in an environment where goodwill and other intangible assets are making up larger components of business purchase/combination prices. In determining the correct value of goodwill in the financial statements
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Later‚ you are in a restaurant‚ and after checking your pockets you find out that you have forgotten your wallet. No worries‚ just pick up that WAP phone and go to your bank’s website‚ insert a few details and transfer some money on to your smartcard. This very same card contains your passport‚ driving license‚ benefit book‚ credit cards‚ supermarket loyalty card‚ travel pass‚ soccer club season ticket‚ digital TV license‚ house and car keys‚ medical records‚ iris and fingerprint information. The benefit
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The short story‚ "What of This Goldfish‚ Would You Wish?" speaks to our normal advantages as people from numerous points of view. This short story begins off as European columnist‚ Yonatan‚ thinks about an ideal thought for another narrative: to go way to entryway‚ asking individuals‚ "In the event that you found a talking goldfish that allowed you three wishes‚ what might you wish for?" Yonatan’s primary reason in making documentaries is to
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Fernando Marketing Principles Assignment # 1 Goodwill Industries 1. Describe the three customer types mentioned in the video. What is each customer type looking for when they shop at Goodwill? What is most important to each customer type? The video mentioned 3 specific clientele for Goodwill Industries. The fashion shoppers‚ the bargain hunters‚ and the resellers. The Fashion Shoppers are most likely the frequent customers of Goodwill boutiques. Goodwill boutiques sells high end products with lower
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little town called Schuylerville but sports were still very important at my school. I was always a big part of that. Our school is mostly known for our field hockey team. When I was in seventh through ninth grade everyone talked about them. We had this awesome team that went undefeated for those three years. The leaders of this team were a boy and a girl (even more specific a brother and sister combination). Jared (an 8th grader in the beginning of this run) and Abby (who was in 10th grade) lead the
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interim goodwill impairment test as of September 30‚ 2012? Galaxy Sports Inc. (Galaxy) is a U.S. based manufacturer of sports equipment. It is an SEC registrant with one operating segment with three separate reporting units: fitness‚ golf and hockey. The fitness is the largest division of Galaxy with allocated goodwill of $200 million. The golf division reports $130 million of goodwill and the hockey has $30 million of goodwill. Each division has been a reporting unit for a number of years. Due to
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