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aleksley [76]
3 years ago
13

Which term refers to the practice of revaluing an acquired subsidiary's assets and liabilities to their fair values directly on

that subsidiary's books at the date of acquisition?A) Fair value accountingB) Push-down accountingC) Fully adjusted methodD) Reciprocal ownership
Business
1 answer:
Georgia [21]3 years ago
4 0

Answer: The correct answer is B) Push-down accounting.

Explanation: Push-down accounting  is the practice of revaluing the assets and liabilities of a subsidiary acquired at fair value directly in the books of that subsidiary on the date of acquisition. <u>  </u>It is a type of accounting used exclusively when a company buys another company.

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The _____ section of the business plan tells the reader what the organization is committed to doing.
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Accounts department
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The auditing standards board has concluded that analytical procedures are so important that they are required during the?
Musya8 [376]

The Auditing Standards Board has concluded that analytical procedures are so important that they are required during planning and completion phases.

The American Institute of Certified Public Accountants has designated the Auditing Standards Board as its senior technical committee for the purpose of issuing standards, guidelines, and auditing, attestation, and quality control statements to certified public accountants for audits of non-public companies.

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3 0
2 years ago
Kevin purchased a lawn mower. The blades were so dull that the mower could not cut the grass in his backyard. Due to the existen
tamaranim1 [39]

Answer:

implied

Explanation:

Warranty is an assurance that a product will do the work for which it was intended and be of the same quality and grade like others of its class received by a buyer of a product from the seller whether expressly stated or not . This follows that where the product is discovered to be substandard or defective, the seller will either repair or replace the product in line with the terms and conditions of sales.

Implied Warranty is a quality assurance statement given by a buyer to a seller that is neither oral nor written but generally understood by law to be associated with products and services of that industry

7 0
3 years ago
25 points and brianly
horsena [70]

Answer:

Sentence 3

Explanation:

5 0
2 years ago
Read 2 more answers
You have a $15,000 portfolio which is invested in Stocks A and B, and a risk-free asset. $6,000 is invested in Stock A. Stock A
DerKrebs [107]

Answer:

$7073.68

Explanation:

Data provided in the question:

Worth of portfolio = $15,000

Amount invested in stock A = $6,000

Beta of stock A = 1.63

Beta of stock B = 0.95

Beta of portfolio = 1.10

Now,

Beta portfolio = ∑(Weight × Beta)

let the amount invested in Stock B be 'x'

thus,

1.10 = [($6,000 ÷ $15,000 ) × 1.63] +  [( x ÷ $15,000 ) × 0.95 ]

or

1.10 = 0.652 + [( x ÷ $15,000 ) × 0.95 ]

or

0.448 = [( x ÷ $15,000 ) × 0.95 ]

or

x = ( 0.448 × $15,000 ) ÷ 0.95

or

x = $7073.68

6 0
3 years ago
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