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
British mercantilism established itself with the help of the trans-Atlantic trade. Great Britain was then able to have adequate supremacy over the colonies to impose several acts such as the Navigation Acts and Molasses Act. Trade routes linked the American Colonies‚ West Indies‚ Africa and England. England‚ being the mother country‚ wanted a favorable balance of trade. The triangular trade is an example of mercantilism‚ or the idea that the mother country gains wealth and power by controlling
Premium United Kingdom England Mercantilism
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
applied to the practical world. Our knowledge will be getting a platform when it is being implemented in a real world. Virgin Atlantic is one of the successful business organizations are operating multi function services. Virgin Atlantic Airways is one of the leading airlines in Europe introduced by Virgin Group collection of branded companies in 1984. Virgin Atlantic is centralized with UK operating 30 destinations all over the world with the 40 Aircrafts in operation. It is also extending its
Premium Virgin Atlantic Airways Airline Virgin Group
Case Study: Central Transport‚ Inc. I. Basic Facts Jean Beierlein is the new president and CEO of Central Transport (CT) and has received an offer for a collaborative relationship from Susan Weber‚ who is the current president and CEO of SAB Distributions. CT and SAB has historically worked together and has developed a long lasting business relationship. The market has undergone dramatic changes that caused SAB to make changes in order to strive to remain competitive. However‚ SAB is losing their
Premium Change Economics Perfect competition
Virgin Atlantic Airways – Company Overview General Information Since it was founded in 1984‚ Virgin Atlantic Airways has become Britain’s second largest carrier serving the world’s major cities. Now based at London’s Gatwick and Heathrow airports and Manchester airport‚ it operates long haul services to thirty destinations world-wide as far apart as Las Vegas and Shanghai. Virgin Atlantic has enjoyed huge popularity‚ winning top business‚ consumer and trade awards from around the world. The airline
Premium Virgin Atlantic Airways British Airways Virgin Group
Thesis: Although there were similarities between the Atlantic Circuit and Silk Road trade routes‚ there were more significant differences. The first similarity between the Silk Road and the Atlantic Circuit was that both trade routes created a spread of religion and syncretism and adaptations of current religions. For example‚ the Atlantic Circuit spread and created new adaptations of African religions; in the West Indies‚ slaves were encouraged to adopt Catholic religious practices‚ but slaves
Premium Silk Road China Central Asia
BELL ATLANTIC CORP. v. TWOMBLY Keani Aabel Copyright 2016 Keani Aabel Introduction Bell Atlantic Corp. v. Twombly was a 2007 American antitrust case that proceeded all the way to the United States Supreme Court. This case began as a class-action lawsuit‚ which eventually was heard by the Supreme Court through a writ of certiorari from the United States Court of Appeals of the Second Circuit (Bell Atlantic v. Twombly‚ 1). The lawsuit issued by William Twombly and Lawrence Marcus claimed
Premium Supreme Court of the United States Cartel Alexander Graham Bell
plagued Exotic Adventures Inc is whether to cancel a South American tour on October 8. What are the ramifications of cancelling the trip prior to October 8‚ cancelling the trip after Manaus‚ turning around before Iquitos‚ or completing the upstream tour? Case Analysis Exotic Adventures Inc. (EAI) is a travel company that operates expedition-style voyages mainly to Polar Regions. EAI also offered voyages between season to the islands of the South Pacific and the Atlantic also covering the Amazon
Premium Amazon River Brazil
The Atlantic Slave Trade The Atlantic slave trade occurred between the 15th and 18th century in the Caribbean islands‚ Spain‚ Europe‚ Asia‚ Britain‚ Portugal‚ Brazil‚ and in the Americas. The trade of black slaves between these countries worked like a triangle between Africa‚ Europe‚ and Asia. Between 1650 and 1860 approximately 10 to 15 million slaves were transported to the different countries and Africans suffered greatly from this. “But soon to my grief two of the white men offered me eatables;
Premium Atlantic slave trade Caribbean Slavery