Chapter 05 Consolidation of Less-than-Wholly Owned Subsidiaries Multiple Choice Questions Bristle Corporation acquired 75 percent of Silver Corporation’s common stock on December 31‚ 2008‚ for $300‚000. The fair value of the noncontrolling interest at that date was determined to be $100‚000. Silver’s balance sheet immediately before the combination reflected the following balances: A careful review of the fair value of Silver’s assets and liabilities indicated that inventory‚ land
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gordijn@cs.vu.nl 1 Introduction Companies increasingly form networked value constellations to jointly satisfy a complex need. Well known examples include the networked business model of Cisco Systems [Tapscott‚ D.‚ Ticoll‚ D.‚ & Lowy‚ A.‚ 2000] and the virtual integration of Dell Computers [Magretta‚ J.‚1998]. In a value constellation‚ a series of enterprises and final customers co-produce things of economic value‚ using network technology such as the Internet to coordinate this process. By
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Have you ever been reading a book and wondered‚ “How does this character’s’ beliefs and values reflect on how they act or the relationships they have with others?” The book is called “To Kill a Mockingbird” by Harper Lee. In the book a man named Atticus helps a man named Tom Robinson who is guilty. They go to court to see if he really is guilty or someone is of the crime that has been done. Atticus has two kids named Scout and Jem‚ he is a lawyer in Macomb County. He is also a single parent but has
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MARKETING IN POST-CONSOLIDATION BANKING IN NIGERIA: AN ILLUSTRATIVE APPROACH BY AMINU‚ S. A.‚ A LECTURER IN THE DEPARTMENT OF MARKETING‚ LAGOS STATE POLYTECHNIC‚ ISOLO CAMPUS asabiod2001@yahoo.com Abstract The purpose of this article is to assess the relevance of marketing in post-consolidation banking in Nigeria. The study highlighted the fact that prior to the consolidations in 2004‚ majority of the banks paid little or no attention to marketing. However‚ with successful consolidation exercise in
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cash collected or paid on interest‚ in GAAP‚ it must be classified to cash flow from operating activities‚ while in IFRS it can be classified to cash flow from operating‚ investing or financial activities. 4. The US GAAP has several criteria for consolidation whereas under IFRS‚ a company can consolidate based on the power it can exercise on the financial and operational policies of the other entity. 5. GAAP developed a detailed guidance for different industries on revenue recognition‚ while IFRS
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IT Business Value Organizations use IT to capture‚ store‚ manipulate‚ and present data in order to support the firm’s business processes and value adding activities (ex‚ think of point of sale system in a retail store) IT is ubiquitous (found everywhere) A sign of a well-functioning system is one you take for granted but how much does this cost? o IT is a very large expenditure which can range from a million to billions of dollars IT spending depends on: o State of Industry o State of Economy
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Environmental Ethics: an essay on the Responsibility to Value by Jon Scott Phil 310 In a time where frightening truths seem to be at every turn and even at every straight-away for our progressive society‚ no facts seem more abysmal than the ones presented in Bill McKibben’s 2012 article‚ Global Warming’s Terrifying New Math‚ about the anthropogenic effects of carbon dioxide emissions in our fragile planet and efforts to sustain these projects. Research suggests that the Earth has a
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TIME VALUE OF MONEY 1. If you were scheduled to receive Rs 100‚000 five years hence‚ but you wish to sell your contract note for its present value‚ which type of compounding would you rather have the purchaser of your contract note to use to find the purchase price‚ 8 percent compounded: (a) (b) (c) (d) (e) Continuously Quarterly Semi-annually Annually None of the above 2. According to the rule of 69‚ the doubling period is equal to (a) (b) (c) (d) (e) 0.25 + (69/ Interest rate) 0.35 + (69/ Interest
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Task 1 i. After knee surgery‚ your trainer tells you to return to your jogging program slowly. He suggests jogging for 12 minute each day for the first week. Each week thereafter‚ he suggests that you increase that time by 6 minutes per day. How many weeks will it be before you are up to jogging 60 minutes per day? Solution: (12‚ 18‚ 24‚ 30…… 60) T1 = 12‚ T2 = 18‚ T3=24‚ T4 = 30‚ Tn = 60 T2 – T1 = T3 – T2 18 – 12 = 24 – 18 6 = 6 This above is arithemetic sequence. Common
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Some people believe that printed books are no longer necessary in this digital era‚ as all writings can be stored electronically. Others think print books till play important role. Discuss both views and give your opinion. In the past few years‚ e-books have been sold or downloaded for free in large numbers on the internet. These books and e-readers are challenging convention reading habits making the sales of traditional books decreased. But it still needs much consideration before eliminating
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