Explain the acquisition method and purchase method for gaap
In a business combination what are acceptable the methods of consolidation under GAAP, and what is acceptable under IFRS is it only the acquisition method and purchase method for GAAP and only purcha method for IFRS?
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What happens to expected portfolio return if the portfolio beta increases from 1.0 to 1.5, the risk-free rate decreases from 5% to 4%, and the market risk premium increases from 8% to 9%?
A Company paid a dividend of $1.56 per share on its stock. The dividends are expected to grow at a constant rate of 8 percent per year, indefinitely.
Volker Inc. issued $2,500,000 of convertible 10-year bonds on July 1, 2010. The bonds provide for 12% interest payable semiannually on January 1 and July 1.
Degelman Company uses a job order cost system and applies overhead to production on the basis of direct labor costs. On January 1, 2014, Job No. 50 was the only job in process.
Due to erratic sales of its sole product- a disposable pocket camera-Markline Compnay has been experiencing difficulty for some time. The company's contribution format income statement for the most recent month is given below.
How can a company experience a net loss but have positive cash flows? Please provide an example of a scenario that can cause this. Please use your own words and not Internet information.
Incurred manufacturing overhead costs as follows: indirect materials $18,360; indirect labor $21,600; depreciation expense on equipment $20,520; and various other manufacturing overhead costs on account $17,280.
Grissom Company estimates that variable costs will be 60% of sales, and fixed costs will total $812,700. The selling price of the product is $7.Compute the break-even point in (1) units and (2) dollars.
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Following hip replacement surgery, the client has had many weeks of physical therapy. Upon assessing the wound, it is still red and draining thick
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