Chapter 04 Consolidation of Wholly Owned Subsidiaries Multiple Choice Questions On July 1‚ 2009‚ Link Corporation paid $340‚000 for all of Tinsel Company’s outstanding common stock. On that date‚ the costs and fair values of Tinsel’s recorded assets and liabilities were as follows: 1. Based on the preceding information‚ the differential reflected in a consolidation workpaper to prepare a consolidated balance sheet immediately after the business combination is: A. $0. B. $25‚000. C. $70
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Dear Editor‚ I am Chris Wong and I am here to talk about teenage dating. Because I have found that mote and mote of my friends have girlfriend or boyfriend. In this essay‚ I will talk about the arguments for and against about teenage dating. The first argument in favour of this issue is that teenagers can share their feelings to their girlfriend or boyfriend. You may say that they can share it with friends instead of girlfriend or boyfriend‚ but to me‚ I think that girlfriend or boyfriend is
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HISTORY CH-2 Some important dates:- 1. August 1 1914- World War 1 started 2. 1917- Entry of U.S in the 1st World War 3. November 9 1918-Defeat of Germany and the central powers in the 1st World War‚proclamation of the Weimar Republic 4. 1923- Economic crisis of Germany‚occupation of ruhr by the French‚Hitler planned to seize control of Bavaria 5. April 1923-U.S Dollar was equal to 24‚000 marks 6. July 1923- 353‚000 marks 7. August 1923-4‚621‚000 marks 8. December 1923-98‚860‚000 marks
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OF INSURANCE As stated in CERTIFICATE OF INSURANCE 1 year from the date of transaction / date of debit of premium. As stated in CERTIFICATE OF INSURANCE Bank Branch: As stated in CERTIFICATE OF INSURANCE SBI General Office: Registered Office: 101-201-301. Natraj‚ Junction of Western Express Highway & Andheri Kurla Road‚ Andheri (East)‚ Mumbai 400069. Sum Insured: Savings Bank /Individual Current A/C No: Transaction Date / Date of Debit of premium : Period of Insurance: Nominee (Name & Relationship):
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than the sum of the values of individual units. It is something like one plus one more than two. It results from benefits other than those related to economies of scale. Operating economies are one of the various synergy benefits of merger or consolidation. The other instances which may result into synergy benefits includes‚ strong R&D facilities of one firm merged with better organized facilities of another unit‚ enhanced managerial capabilities‚ the substantial financial resources of one being
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hostile takeover? Merriam-Webster defines hostile as an adjective meaning “unfriendly‚” and takeover as a verb meaning “to assume control or possession of or responsibility for” (Mich‚ 1997). In the business arena‚ a hostile takeover is a stock acquisition in which “management and/or a significant number of shareholders oppose the purchase of the company by the intended buyer” (Fisher‚ Taylor‚ & Cheng‚ 2002). The case of Oracle and PeopleSoft is currently a hostile takeover situation. Meet the Parties
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Melinda Drugatz Econ – Mergers and Acquisitions Strayer University Professor Dastmalchi August 21‚ 2012 Explain why government regulation is needed‚ citing the major reasons for government involvement in a market economy. A free market economy is driven by individual innovation and the notion that hard work and ingenuity will be rewarded by success. Scarce resources are allocated through the price mechanism where the preferences and spending decisions of consumers and the supply decisions
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As explained on the "cash to boot" page of this website‚ mergers between corporations sometimes are paid for with a combination of stock and cash‚ which provides a unique accounting challenge. The general tax rule is that you must pay capital gains tax on such a transaction‚ but only to the extent of "cash to boot" which is the amount of cash you actually received. (It’s technically called a Section 368 reorg.) In some cases‚ such as Fording Canadian and the Wyeth merger with Pfizer‚ the
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Multinational consolidation and currency translation • Consolidated financial statement Consolidated financial statements are financial statements that factor the holding company’s subsidiaries into its aggregated accounting figure. It is a representation of how the holding company is doing as a group. The consolidated accounts should provide a true and fair view of the financial and operating conditions of the group. Doing so typically requires a complex set of eliminating and consolidating
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guidance of the late Mr. Aditya Birla. Mr. Kumar Mangalam Birla‚ the Group Chairman‚ took over the mantle next. It was his vision that resulted in the consolidation of the business segments of aluminium and copper to make Hindalco the non-ferrous metals juggernaut that it is today. This was achieved partly by expansion through mergers and acquisitions with companies such as Indal and Birla Copper. Hindalco also secured copper reserves and expanded its operating base by acquiring the Australian Nifty
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