Why may companies seek to engage in business combinations

Assignment Help Accounting Basics
Reference no: EM13138594

The core values for this course are integrity and excellence. Applying the values of integrity and excellence, discuss ethical considerations of accounting for business combinations in a manner that prevents misunderstanding in the questions below.

Business combinations have become an important strategic move by corporations for various reasons.

Why may companies seek to engage in business combinations?

Reference no: EM13138594

Questions Cloud

How much energy is released : The heat of combustion of hexane is 995.0 kcal/mol. How much energy is released during the complete combustion of 453 grams of hexane ?
What is the dollar amount of the gross profit : Gamma Ray Corp. has annual sales totaling $975,000 and an average gross profit of 20% of cost. What is the dollar amount of the gross profit?
How much heat (in ) is required : How much heat (in ) is required to warm 10.0g of ice, initially at -11.0(degrees C), to steam at 113.0(degrees C)? The heat capacity of ice is 2.09(J/g* degrees C) and that of steam is 2.01(J/g*degrees C) .
Discuss what accounting policies and adjusting entries : discuss what accounting policies and adjusting entries are applicable to these accounts. Why are they important to Lyric opera‘s management?
Why may companies seek to engage in business combinations : The core values for this course are integrity and excellence. Applying the values of integrity and excellence, discuss ethical considerations of accounting for business combinations in a manner that prevents misunderstanding in the questions below..
How many grams of o2 are required : Otane has a density of 0.692 g/mL at 20°C. How many grams of O2 are required to burn 5.95 gal of C8H18?
How is amount of excess acquisition-date fair value : How is the noncontrolling interest in Subsidiary's net income appear on the consolidated statement of cash flows? How is amount of excess acquisition-date fair value over book value recognized in the consolidated statement of cash flows?
Contemporary branches of judaism or islam : Pick one of the contemporary branches of Judaism or Islam and write a summary that: Identifies its origin.
Discuss the importance of understanding the gaap : Discuss the importance of understanding the GAAP behind business combinations before performing the accounting. Additionally, why is it important that accountants report the numbers as dictated by GAAP regardless of what they may be?

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the amount of the net fixed assets

Morgantown Movers has net working capital of $11,300, current assets of $31,200, equity of $53,400, and long-term debt of $11,600. What is the amount of the net fixed assets?

  Calculate controlling interest in consolidated net income

Percy reported net income from its own operations of $720,000 in 2011 and $760,000 in 2012. Smyth reported net income of $400,000 in 2011 and $460,000 in 2012. Neither company declared dividends in either year.

  Units of production for conversion costs

All materials are added at the beginning of the process. The first-in, first-out method is used to cost inventories. The number of equivalent units of production for conversion costs for the period was:

  What is the annual net cost of a monthly fee

What is the annual net cost of a monthly fee of $5, check processing fee of $.25, average 19 checks per month.

  Taxpayer experiences a net loss from a rental home

What happens when a taxpayer experiences a net loss from a rental home?

  Unfavorable materials quantity variance

There was a favorable materials price variance of $380 and an unfavorable materials quantity variance of $120. Based on these variances, one could conclude that:

  Company cost of goods sold

A company has $8,200 in net sales, $1,100 in gross profit, $2,500 in ending inventory, and $2,000 in beginning inventory. The company's cost of goods sold is?

  Discuss the 6 principles of professional conduct

Discuss the 6 principles of professional conduct. When working in the field of auditing, ethical situations will always arise. Should you ever violate your ethical beliefs under any circumstances?

  Allocation of administrative costs

Nashville Corporation allocates administrative costs on the basis of staff hours. Short-run monthly usage and long-run monthly usage of staff hours for Operating Departments 1 and 2 follow:

  Risks and liability factors in an audit

What are the risks and liability factors in an audit? What are the implications to the auditor? What are the implications to the organization? How can the auditor mitigate these risks and liability factors?

  What was the total financing cost

On June 1 capian company borrows $90,000 from first bank on a 6 month $90,000, 12% note. Prepare the entry for june 1; prepare the adjusting entry for june 30; prepare the entry at maturity (december1), assuming monthly adjustment entries have bee..

  Explaining complex methodology

Describe a business situation where you have had to explain a complex problem or solution to a client or colleague. Describe the situation, your approach, and the outcome:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd