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likoan [24]
3 years ago
15

A multinational automobile manufacturer issues a public statement that the company's vehicle emissions tests had been falsified

to meet environmental compliance standards over recent years using software specifically designed for that purpose. Following the news, the CEO is replaced, vehicle sales plummet, and the company's stock price sharply declines. Which of the following has the company incurred?
a) visible but not intangible costs
b) only visible and internal administrative costs a
c) internal administrative costs but not visible costs
d) internal administrative costs but not intangible costs
e) visible and intangible costs
Business
1 answer:
Oxana [17]3 years ago
3 0

Answer:

a) visible but not intangible costs

Explanation:

Based on the information provided within the question regarding the scenario it can be said that the company incurred visible and intangible costs. They have incurred intangible costs because their reputation and credibility was badly damaged due to the public statement, while they also suffered visible costs due to the sharp drop in customers and share prices.

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In 2019, Alliant Corporation acquired Centerpoint Inc. for $352 million, of which $62 million was allocated to goodwill. At the
Komok [63]

Answer:

1. $34 million

2. $0

Explanation:

Given that,

Fair value of Centerpoint Inc = $256 million

Book value of Centerpoint's net assets (excluding goodwill) = $228 million

Book value of Centerpoint's net assets (including goodwill) = 290 million

1. Actual Value of Goodwill:

= Fair Value of Centrepoint Inc. - Book Value of Net assets (excluding goodwill)

= $256 million - 228 million

= $28 million

Loss on Impairment of Goodwill:

= Goodwill recorded - Actual value of goodwill

= $62 million - $28 million

= $34 million

2. In this case Fair value of ($318 million) is more than Book value ($290 million) then there will be no Impairment Loss.

It means that the loss on Impairment of Goodwill = $0.

6 0
2 years ago
Family members may lend you money based on
Katarina [22]

Answer :a obligation.

The word obligation means “to be bound to act in a certain way either morally or legally.”

Hence when one is in need of money to start a business, family members may lend the money because they are bound to help you in times of need.  

Loans from family members are usually interest free.

However, if the loan is not repaid, relationships quickly turn sour.

Hence loans from family member must be treated with respect and care, in order to maintain relationships.


6 0
2 years ago
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WHAT DID dred scott do (will give brainly to write answer)
jok3333 [9.3K]

Answer:

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Explanation:

8 0
2 years ago
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One advantage large companies enjoy is their ability to employ ________, who assist top management in the evaluation of ________
vovikov84 [41]
<span>One advantage large companies enjoy is their ability to employ <u>internal auditors,</u><u /> who assist top management in the evaluation of <u>control systems.
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<u />These internal auditors can evaluate what is going on within the company and help them solve most, if not all of their problems. They are a valuable asset to any company that wants to thrive and become better and better all the time. <u>
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8 0
3 years ago
On September 1, Home Store sells a mower (that costs $120) for $420 cash with a one-year warranty that covers parts. Warranty ex
Otrada [13]

Answer: See explanation

Explanation:

The entry is prepared below:

Sep-01

Dr Cash $420

Cr Sales revenue $420

(To record the mower sales)

Sep-01

Dr Cost of goods sold $120

Cr Finished goods inventory $120

(To record the cost of mower sales)

Sep-01

Dr Warranty expense (6% x $420) = $25.20

Cr Warranty liability $25.20

(To record the estimated warranty expense)

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8 0
2 years ago
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