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Fynjy0 [20]
3 years ago
6

Orioles Company bought Special Products Division in 2017 and appropriately recorded $741,000 of goodwill related to the purchase

. On December 31, 2018, the fair value of Special Products Division is $5,600,000 and it is carried on Oriole’s books for a total of $4,700,000, including the goodwill. An analysis of Special Products Division’s assets indicates that goodwill of $595,000 exists on December 31, 2018. What goodwill impairment should be recognized by Orioles in 2018?
Business
1 answer:
goldfiish [28.3K]3 years ago
4 0

Answer:

No goodwill impairment should be recognized by Orioles in 2018

Explanation:

Data provided in the question:

Goodwill related to the purchase = $741,000

Fair value of Special Products Division = $5,600,000

Goodwill existing on December 31, 2018 = $595,000

Now,

Here, the fair value of division including the goodwill i.e $5,600,000 is lower than the fair value of division excluding the goodwill i.e $595,000

Hence,

There will be impairment loss

Hence,

No goodwill impairment should be recognized by Orioles in 2018

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Answer:

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Explanation:

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The government injecting more money in public : by reduced taxes & increased govt spending - increases the aggregate demand .

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Answer:

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Explanation:

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Answer:

The three examples of lighting are;

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Explanation:

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1. General lighting

General lighting is usually meant to illuminate an entire room. It is supposed to make all corners of the room visible in it's entirety. It usually of a soft and flat nature to ensure that it looks as natural as possible. It;'s major function is to get one safely from one point to another. It's not meant for highlighting things on the space, rather the room should be viewed as one homogeneous space. A room of ambient light should give a warm feeling of relaxation especially after a stressful day. It allows the pupils to slightly dilate and also brings the mood of relaxation. Most yoga sessions usually prefer the use of ambient lighting during meditation. The following lights can be used to cause ambient light, namely; chandeliers, pendants, track, recessed and ceiling.

2. Task lighting

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Answer:

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