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zepelin [54]
3 years ago
5

1. Which account balance is always reported at the same amount on the parent's balance sheet and on the consolidated balance she

et of the parent and its subsidiary at the date of acquisition? A. Goodwill B. Identifiable intangible assets C. Inventories D. Retained earnings
Business
2 answers:
Ipatiy [6.2K]3 years ago
8 0

Answer:

A. Goodwill.

Explanation:

Goodwill is the intangible asset of company which arise when a company acquires another company and pays consideration more than the fair value of its net assets. The additional amount given as a consideration is referred to as Goodwill. The goodwill is reported at the amount measured at the acquisition date. The value of goodwill measure at acquisition is reported in Parents balance sheet and consolidated balance sheet of the parents and subsidiary.

ad-work [718]3 years ago
5 0

Answer:

The correct answer is letter "A": Goodwill.

Explanation:

Goodwill refers to the value of an intangible asset found on the Balance Sheet of a company. The brand recognition, intellectual property, and reputation of a company among its customers and employees can all count towards the goodwill.

<em>When a company is acquired for a price higher than its book value, the target company's surplus is reported as goodwill in its Balance Sheet. The acquiring company records the excess value in its Balance Sheet as well on the date of acquisition.</em>

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During the Asian financial crisis, the leading financial powers seemingly either declined to take part in the rescue operations,
igor_vitrenko [27]

Answer:

The correct answer is ASEAN+3.

Explanation:

ASEAN + 3 is the association of Southeast Asian nations, which was created in 1967 by Thailand, Indonesia, the Philippines, Singapore and Malaysia. Currently it is made up of 10 countries in Southeast Asia, and its general objective is to increase the economy of these countries and promote stability in the region. The +3 is to recognize the accession of three countries that do not belong to this region, which are: Japan, China and South Korea.

8 0
3 years ago
In a master-detail relationship scenario, the fields of the parent object need to be displayed in the related list. How will a d
OleMash [197]

Answer:

The correct answer is A

Explanation:

Master-detail relationship is the relationship where the master states the parent and detail states a child, in which the master object controls or regulate some behaviors of the detailed object.

Cross object formula field is the one, which spans 2 related references and the objects that merge fields on the objects. So, a developer will use the Cross object formula field for displaying into the related list.

3 0
3 years ago
On May 10, Keene Company sold merchandise for $4,000 and accepted the customer's Best Business Bank MasterCard. At the end of th
natta225 [31]

Answer:

Cash $3,848  

Service Charge Expense     ($4,000 ×3.8%) $152  

       To Sales Revenue  $4,000

(Being the record of the sale of merchandise is recorded)

Explanation:

The journal entry is shown below:

Cash $3,848  

Service Charge Expense     ($4,000 ×3.8%) $152  

       To Sales Revenue  $4,000

(Being the record of the sale of merchandise is recorded)

Since sale is made so we debited the cash it increased the assets plus there is service charge expense so the same is also debited as it increased the expenses and at the same time the merchandise is sold so it would be credited as it increased the revenue

8 0
3 years ago
If a beneficiary is enrolled in a ma-only hmo and they also sign up for a pdp plan, they will be automatically dropped from thei
sveticcg [70]

It is True that if a beneficiary is enrolled in a Medicare Advantage plan and they also sign up for a pdp plan, they will be automatically dropped from their Medicare Advantage (ma) plan.

<h3>Medicare Advantage (MA)</h3>

A Medicare Advantage plan is a type of health plan proposed by a private company that leases with Medicare to provide you with all your Medicare Parts A and B benefits. MA plans contain health maintenance organizations, selected provider organizations, personal fee-for-service plans, and Special Needs Plans.

<h3>Medicare Advantage Plans</h3>
  • Health Maintenance Organization (HMO) Plans.
  • Preferred Provider Organization (PPO) Plans.
  • Private Fee-for-Service (PFFS) Plans.
  • Special Needs Plans (SNPs)

Original Medicare contains Medicare Part A (Hospital Insurance) and Part B (Medical Insurance). You can bind a separate Medicare medicine plan to get Medicare medication coverage (Part D).

To learn more about the Medicare Advantage visit the link

brainly.com/question/21464144

#SPJ4

6 0
1 year ago
The following items are reported on a company's balance sheet: Cash $160,000 Marketable securities 75,000 Accounts receivable (n
marusya05 [52]

Answer and Explanation:

a. The current ratio is

We know that

Current ratio = Current Assets ÷ Current Liabilities

= $440,000 ÷ $200,000

= 2.2

Cash $160,000

Marketable Securities $75,000

Account receivable $65,000

Inventory $140,000

Current Assets $440,000

Account Payable $200,000

current liabilities $200,000

b

Quick ratio =( Current assets - inventory ) ÷ Current Liabilities

= ($440,000 - $140,000 ) ÷ $200,000

= 1.5

7 0
2 years ago
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