Case 10-02: Ida’s Impairment In April 2011‚ the FASB issued an exposure draft on testing goodwill for impairment. Under the proposal‚ entities would have the option of performing a qualitative assessment before calculating the fair value of the reporting unit (i.e.‚ step 1 of the goodwill impairment test). If entities determine‚ on the basis of qualitative factors‚ that the fair value of the reporting unit is more likely than not greater than the carrying amount‚ a quantitative calculation would
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Book Project John Steinbeck was an American writer who was born on February 27th‚ 1902 and died on December 20th‚ 1968. He is well known for the novella‚ “Of mice and Men” and “The grapes of wrath”. He was the author of twenty seven books‚ including sixteen novels‚ sixteen non-fiction books‚ and five collections of short stories. He received the Nobel Prize for Literature in 1962. He graduated from Salinas High School in 1919 and went from there to Stanford University where he stayed for five years
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000 3. A partial listing of costs incurred during December at Gagnier Corporation appears below: The total of the period costs listed above for December is: A. $89‚000 B. $310‚000 C. $325‚000 D. $399‚000 Period costs = Administrative wages and salaries + Sales staff salaries + Corporate headquarters building rent + Marketing = $105‚000 + $68‚000 + $34‚000 + $103‚000 = $310‚000 The total of the manufacturing overhead costs listed above for December is: A. $325‚000 B. $635‚000 C. $89‚000 D. $40
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$0.55* *$55‚000 ÷ 100‚000 shares. Note: The increase in value of the company reputation and the unrealized gain on the value of patents are not reported. BRIEF EXERCISE 4-2 BRISKY CORPORATION Income Statement For the Year Ended December 31‚ 2010 Revenues Net sales $2‚400‚000 Interest revenue 31‚000 Total revenues 2‚431‚000 Expenses Cost of goods sold $1‚450‚000 Selling expenses 280‚000 Administrative expenses 212
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The Battle of the Bulge was the last major fight for the German offensive campaign of World War II. The battle held place at the Ardennes reign on December 16‚ 1944 through January 25‚ 1945. This battle begun after the breakout of Normandy and the Allied forces moved toward Germany. The Allies were facing several military issues‚ such as troops were weak‚ supply lines were extremely thin‚ and supplies were reduced. The Supreme Allied Commanders chose to defend Ardennes with very few troops because
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applicable unless and until they were amended or withdrawn. In December 2003 the IASB issued a revised IAS 1‚ and in August 2005 issued an Amendment to IAS 1—Capital Disclosures. IAS 1 and its accompanying documents were also amended by the following IFRSs: • IFRS 5 Non-current Assets Held for Sale and Discontinued Operations (issued March 2004) • Actuarial Gains and Losses‚ Group Plans and Disclosures (Amendments to IAS 19) (issued December 2004) • IFRS 7 Financial Instruments: Disclosures (issued
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---------On 16 December 2012 a female physiotherapy intern[2] was beaten and gang raped in Delhi. She died from her injuries thirteen days later while undergoing emergency treatment in Singapore for brain and gastrointestinal damage. After watching a film in South Delhi in the early evening‚ she and a male companion had boarded a bus‚ which was being driven as an unauthorized "joyride"‚ thinking it was a public bus.[3] The only other passengers on the bus were five men who were friends of the driver
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Employee Relation Report Submitted to: Dean Horsman‚ Paul Dix Date: 20th December 2011 Abstract: The report gives a concise analysis of employee relation concepts like ER policies‚ management styles‚ workplace harmonisation‚ collective bargaining and analysis of trade union with respect to the employees and organisations. Starting with a brief introduction‚ it continues to talk about the labour unions and its process of reorganisation. It gives various drawbacks and benefits of union
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From: Felix Agyei‚ To: Carlson’s Managers Subject: Lost Sales after the Hurricane Date: July‚ 22nd 2015 Introduction Carlson department store suffered a hurricane which resulted into a four-month shutdown (September to December 2000). The store is in dispute with the insurance company to determine the amount of compensation is entitled to. Below analysis tries to forecast the value of lost sales for that four month period. Since the store reaches its peak period during these four month‚ excess
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On 16th December 1944‚ the seemingly defeated German army launched the deadliest and most desperate battle of World War II. More than a quarter-million battle hardened troopers‚ including the whole SS Panzer Division drove into the Allied line‚ like a spear. Attempting to split the Allied armies in northwest Europe by means of a surprise blitzkrieg thrust through the Ardennes to Antwerp. The tactic was designed to create shock and disorder in enemy forces through the use of surprise‚ speed and
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