Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Problem:
On January 1, 2012, Gray purchases 100% of Morgan Biometrics Inc. for $11.4 million. At the time of acquisition, the fair market value of Morgan Biometrics' tangible net assets (excluding goodwill) is $10.2 million. Gray ascribes the excess of $1,200,000 to goodwill. During the year the fair value of Morgan Biometrics declines to $10.8 million and the fair value of Morgan Biometrics' tangible net assets is estimated at $9.8 million as of December 31, 2012.
1. Determine if the goodwill has become impaired and, if so, the amount of the impairment.
2. What impact does the impairment of goodwill have on Gray Corp's financial statements?
Summary of problem:
These short answer questions is from Finance. The 1st question is about computation of impaired goodwill and the 2nd question is about the impact of goodwill impairment on financial statements.
Famous quarterback just signed the $17 million contract providing $4.25 million a year for 4 years. Who is better paid? The interest rate is 8 percent.
A piece of land produces an income that grows by 5% per annum. If the first year's income is $10,000, What is the value of the land?
ELO Company purchased a patent for $180,000 on September 1, 2006. It had a useful life of ten years. On January 1, 2008, ELO spent $44,000 to successfully defend the patent in a lawsuit.
Your brother who is 6 years old, just received a trust fund that will be worth $24,000 when he is 21 years old. If the fund earns 0.11 interest compounded annually, what is the value of the fund today?
How does your selected company's dividend payout, dividend yield, and dividend per share compare to other companies in its industry? Has the company's dividend strategy been similar to other companies in its industry?
What is a venture's life cycle? What are the various stages in the life cycle and what are the important activities in each stage? How can this concept be used in the financial planning and management of a small business.
Estimate the weighted average cost of capital (WACC) assumingthe cost of debt is 14% (rd = 14%) and a tax rate of 40 percent.
A firm has five identified capital projects they could fund in the upcoming year. Each project has a initial capital cost of $5,000,000, however the firm only has $15,000,000 allocated for capital projects in the current year. The company needs to..
However, the clinic has to py the organizers of the exposition a fee for the marketing value of the opportunity. this fee, which must be paid at th end of the second year, is $2 million.
Find out the NPV of a project which is expected to pay $10,000 a year for seven years if the initial investment is $40,000 and required return is 15%?
If an investor buys 1ABC Mar 50 put at 4 when the market is 70. What's the instrinic value and time value associated with this contract?
the board of directors of api a relatively new electronics manufacturer has decided to beginning paying a common stock
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd