Answer: $9 million
Explanation:
Based on the information given in the question, the amount of the impairment loss that Vegetarian Delights should record will be calculated as:
Book value of division's asset = $34.0 million
Less: Fair value of divisions asset = $25 million.
Impairment loss = $34million - $25million = $9 million
Answer and Explanation:
The journal entries are shown below
On Dec. 31, 2018
Interest receivable $600
To Interest income $600
(Being accrued interest earned is recorded)
On Dec. 31, 2018
Interest income $2,400
To Retained earnings $2,400
(Being the closing of interest income is recorded)
On Jan. 31, 2019
Cash $900
To Interest receivable $600
To Interest income $300
(Being cash receipt of interest is recorded)
Answer:
the value of goodwill recognized in AB InBev's consolidated financial statements is $70,405.
Explanation:
Goodwill is the excess of the Purchase consideration over the Fair Value of the Net assets taken over.
<u>Calculation of Goodwill</u>
Purchase Consideration $103,136
Less Fair Value of Net Assets taken over :
Fair Value of Assets $61,896
Fair Value of Liabilities ($31,165) ($30,731)
Goodwill $70,405
Answer: Liaison role of management
Explanation: In simple words, liaison role of management refers to that role in which the managers works as a bridge between two entities so they can effectively communicate with each other. This communication could be done for both internal or external purposes.
In the given case, Michelle is first trying to resolve the conflict between city members and managers and after that he will be going to address a complaint filed by an employee against a team leader.
Hence he is performing the role of liaison officer.