1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Temka [501]
4 years ago
9

One company acquires another company in a combination accounted for under the acquisition method. "The acquiring company decides

to apply the initial value method" in accounting for the combination. What is one reason the acquiring company might have made this decision?
(A) It is relatively easy to apply.
(B) It is the only internal reporting method allowed by generally accepted accounting principles.
(C) When the initial method is used, no worksheet entries are required in the consolidation process.
(D) It is the only method allowed by the SEC
(E) Operating results on the parent's financial records reflect consolidated totals.
Business
1 answer:
Alik [6]4 years ago
3 0

Answer: Option E: Operating results on the parent's financial records reflect consolidated totals.

Explanation: Operating results on the parent's financial records reflect consolidated totals is the reason the acquiring company might have made this decision

You might be interested in
Return to questionItem 6Item 6 E8-16 Analyzing and Interpreting Receivables Turnover Ratio and Days to Collect [LO 8-4] FedEx Co
madreJ [45]

<u>Solution and Explanation:</u>

The following formulas will be used in order to calculate the accounts receivable turnover ratio and in order to find out the number of days collect.

Accounts receivable turnover ratio = Net sales divided by Average net Accounts receivable

=\$ 50,370 /[(\$ 7,250+\$ 5,720) / 2]

=\$ 50,370 / \$ 6,485

= 7.77 times

<u>Days to collect</u> = 365 divided by Accounts receivable turnover ratio

= $365  divided by 7.77

= 47 days

<u>Note</u>: The number of days that has been assumed is 365 days

4 0
3 years ago
Many online stream services allow customers to use their service of limited for 30 days. This strategy tries to increase the dif
Vadim26 [7]

Answer:

trialability

Explanation:

trialability is the strategy used to try to increase the diffusion of new format using the service

8 0
2 years ago
some nations make manufacturers responsible for reducing e-waste. companies must recover used and discarded electronic equipment
Anon25 [30]

It is a very good idea if a nations make manufacturers responsible for reducing e-waste, companies must recover used and discarded electronic equipment that they sell to customers.

<h3>What is e-waste?</h3>

Electronic items that are nearing the end of their "useful life" are sometimes referred to as "e-waste." Common electronic products include computers, televisions, VCRs, stereos, copiers, and fax machines. Numerous of these items can be recycled, repaired, or reused. Electronic garbage, sometimes known as e-waste, refers to outdated electrical or electronic equipment. E-waste includes used electronics that are intended for recycling through material recovery, refurbishment, reuse, resale, or disposal. Because the parts used to build gadgets like laptops, cell phones, and televisions include metals and compounds known to be harmful to human health, e-waste is dangerous. Children frequently work, reside, and play in or close to e-waste recycling facilities, making them particularly susceptible to the effects of e-waste.

To learn more about e-waste click,

brainly.com/question/15549433

#SPJ4

7 0
1 year ago
When a customer makes a request or complaint, the goal of customer service is to
Nana76 [90]

Answer:

try to solve their issue or do whatever the hell you're supposed to

3 0
3 years ago
Read 2 more answers
During the year, Wright Company sells 415 remote-control airplanes for $100 each. The company has the following inventory purcha
mihalych1998 [28]

Answer:

See explanation section.

Explanation:

We know, first in first out (FIFO) inventory system shows that items were sold those were purchase earlier.

Cost of good sold under FIFO method,

Jan. 1 Beginning inventory                       50 units × $75 = $3,750

May. 5 Purchase                                       215 units × $78 = $16,770

<u>Nov. 3 Purchase                                        150 units × $83 = $12,450</u>

Cost of good sold                                      415 units            = $32,970

Ending inventory = Total inventory - cost of good sold

Ending inventory = 430 units - 415 units = 15 units

Cost of inventory = Total cost - Cost of good sold

Cost of inventory = $34,215 - $32,970 = $1,245

7 0
3 years ago
Other questions:
  • When reactions to a small scale marketing effort are used to predict reactions in a larger​ area, the testing method​ is:The alt
    12·1 answer
  • Kelsey wants to know what the main purpose of the visuals in the committee's report will be. what will you tell him?
    13·1 answer
  • Vivian, as a vice-president of marketing, is far removed from the research and development department. However, she keeps a clos
    12·1 answer
  • An employee wore disposable gloves to form raw ground beef into patties. When she finished, she kept the gloves on while she sli
    11·1 answer
  • You were planning to spend your Saturday working at your part-time job, but a friend asks you to go trekking at Karagöl. What is
    13·1 answer
  • Suppose the Federal Reserve increases bank reserves and banks lend out some of these reserves, but at some point banks still hav
    6·1 answer
  • As an exporter, Delios Trading wants to be paid before a consignment is shipped. Correspondingly, its importer in Japan, Abe Imp
    9·1 answer
  • What is the difference between reliability for quantitative research and reliability for qualitative research?
    12·1 answer
  • The assets of Star Company are $170.000 and the total liabilities are $10,000. The equity is
    15·1 answer
  • Marisol recently put her house on the market at an asking price of $260,000. She realizes, however, that in order to sell the ho
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!