Solution:
The reporting unit's book value of $250 million meets the market value of $220 million.
Requirement 1:
Determination of implied fair value of goodwill:
Fair value of Center point, Inc. $220 million
Fair value of Center point’s net assets (excluding goodwill) 200 million
Implied fair value of goodwill $ 20 million
Measurement of impairment loss:
Book value of goodwill $62 million
Implied fair value of goodwill 20 million
Impairment loss $42 million
Requirement 2: If the operating unit's market valuation of 270 million dollars surpasses 250 million dollars, there is no depreciation risk.
Answer:
The answer is:
The inventory loss should be recorded entirely in the second quarter that ends in 6/30/2015 since losses have to be recorded as soon as the company recognizes them. The other quarters should not reflect any of the losses associated with this event.
Explanation:
The accrual accounting principle states that accounting transactions have to be recorded in the period when they actually happen. The conservatism principle states that liabilities and losses have to be recorded as soon as they are recognized.
The process of improving the competencies, team member interaction, and overall team environment to enhance project performance is known as developing Project Team.
Project performance control is the process of creating, implementing, and handling projects that make contributions to the performance of a business enterprise and its method. In place of specializing in project execution, mission overall performance management is ready for the bigger picture.
There are 5 key procedures worried in development and performance measurement: progress dimension making plans, performance size planning, development, and overall performance size execution, monitoring and management, and dimension closure.
A project performance domain is described as a set of related activities which might be crucial for the powerful shipping of challenge results.
Learn more about project performance here brainly.com/question/26402160
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Answer: The correct answer is d. Single endorsement of checks
Explanation: To achieve independent checks employees can be transfered, made to go on mandatory vacation or periodical audit done.
However, single endorsement of checks creates room for fraud as the employee will be at liberty to access the companies fund without checks and balances.
Answer:
A. The world's largest discount store Wal-Mart seeks vendors to supply products made exclusively for its stores.
Explanation:
Taking into consideration the <u>bargaining power of a buye</u>r in the Porter's Five Forces model, here it is evident that Wal-Mart is the only example of a strong, omnipresent buyer that can surely dictate the terms of the offer. Every vendor would want to sell their produce to Wal-Mart, due to their wide customer base and presence of numerous stores.
