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Nataliya [291]
3 years ago
12

Parsons Company acquired 90% of Roxy Company several years ago and recorded goodwill of $200,000 at that date. During 2015 an an

alysis of the fair value of Roxy's assets determined an impairment of goodwill in the amount of $50,000. At what amount would consolidated goodwill be reported for 2015? 
a. $50,000.
b. $0.
c. $200,000.
d. $150,000.
e. $135,000.
Business
1 answer:
Crank3 years ago
6 0

Answer:

d. $150,000.

Explanation:

The computation of the consolidated goodwill reported is shown below:

= Recorded amount of goodwill - impairment amount of goodwill

= $200,000 - $50,000

= $150,000

By deducting the impairment of goodwill from the recorded amount of goodwill we can get the consolidated goodwill that is to be reported.

The 90% acquired percentage is ignored

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Answer:

D. A credit to Other Financing Sources for $5,000.

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Total output of an economy can be divided into its alternative uses by considering who bought the output. when other countries p
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Total output of an economy can be divided into its alternative uses by considering who bought the output. when other countries purchase part of an economy's output, this is called Gross Domestic Product [GDP],

<h3>Gross Domestic Product</h3>

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