subject
Business, 02.08.2019 22:10 notsobright10

Felhofer inc. purchased mckinley marine on june 1, 2012 for $25,000,000 and recorded goodwill of $3,100,000 in connection with the purchase. at december 31, 2015, the mckinley marine division had a fair value of $25,400,000. the net identifiable assets of mckinley (including goodwill) had a fair value of $24,900,000 at that time. what amount of loss on impairment of goodwill should felhofer record in 2015? (a)$0.(b)$500,000.(c)$600,000.(d)$2 ,600,000.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 21:50
You have $22,000 to invest in a stock portfolio. your choices are stock x with an expected return of 11 percent and stock y with an expected return of 13 percent. if your goal is to create a portfolio with an expected return of 11.74 percent, how much money will you invest in stock x? in stock y?
Answers: 2
question
Business, 22.06.2019 05:00
At which stage would you introduce your product to the market at large? a. development stage b. market testing stage c. commercialization stage d. ideation stage
Answers: 3
question
Business, 22.06.2019 10:30
Which maxim is being neglected in the following conversation? eli: how did you do at the track meet? caleb: i came in second place! eli: congratulations! what was your time? caleb: six minutes, four seconds. the guy who won only beat me by three seconds. eli: really? katie said the winning time was under 6 minutes. caleb: oh, well, he might have beat me by five seconds. a)maxim of quantity b)maxim of quality c)maxim of relevance d)maxim of manner
Answers: 1
question
Business, 22.06.2019 11:00
When the federal reserve buys bonds from or sells bonds to member banks, it is called monetary policy reserve ratio interest rate adjustment open market operations
Answers: 1
You know the right answer?
Felhofer inc. purchased mckinley marine on june 1, 2012 for $25,000,000 and recorded goodwill of $3,...
Questions
question
History, 02.04.2021 04:30
question
Mathematics, 02.04.2021 04:30