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
Art [367]
3 years ago
10

In 2018, Martin Corp. acquired Glynco and recorded goodwill of $56 million. Martin considers Glynco a separate reporting unit. B

y the end of 2021, the net assets (including goodwill) of Glynco are $331 million and its estimated fair value is $263 million. The amount of the impairment loss that Martin would record for goodwill at the end of 2021 is:
Business
1 answer:
34kurt3 years ago
4 0

Answer: $56 million

Explanation:

Goodwill is an intangible asset that I generated from the good reputation of a company.

The impairment loss to Goodwill to be recorded is calculated thus,

Impairment loss = Carrying value - fair value

So plugging in the figures would give us,

= $331 - $263

= $68 million

The amount of impairment loss that Martin would therefore record for Goodwill at the end of 2021 is $56 million.

This number would be $68 million is Goodwill was up to or more than that nimber. But since it is not, we are limited to the actual amount of Goodwill.

If you have any questions or need any clarification do react or comment.

You might be interested in
"when the assembly line was applied to more industries, america entered the:"
myrzilka [38]
<span>Production economy. This was a period when America was less on exporting raw goods and more into processed goods, which have greater value because of the processes that made it more manageable and usable by the public or other industries.</span>
3 0
3 years ago
​Lydia, a minor, charges the cost of a smartphone at a Mobile Devices &amp; Minutes store. Two nights later, Lydia loses the pho
MatroZZZ [7]

Answer:

A)​ if it is deemed a necessary good

Explanation:

Minors are not usually bound by a contract, and most of the time they can avoid liability under a contract. Minors can only sign a valid contract if it includes something that is essential for them. Medicines, food and medical services are the only things that are usually considered essential for a minor.

So the store has to prove that selling her the cell phone was a necessity, and something essential for her. It is possible to prove that it was a necessity, but it is something very difficult to do.

But the fact that the contract is not valid doesn't mean that Lydia can do whatever she wants. Her parents are responsible for returning the cell phone or since she lost it, they are responsible for paying it.

6 0
4 years ago
During a period of severe inflation, a bond offered a nominal HPR of 83% per year. The inflation rate was 74% per year. a. What
Ierofanga [76]

Answer:

real HPR is 5.17 %

Explanation:

given data

nominal HPR = 83%

inflation rate = 74%

to find out

What was the real HPR on the bond over the year

solution

we find real interest rate r that is express as

r = \frac{R-i}{1+i}        .........................1

here R is nominal rate and i is inflation rate

so put here value

r = \frac{0.83-0.74}{1+0.74}

r = \frac{0.09}{1.74}

r = 0.05172

so real HPR is 5.17 %

3 0
3 years ago
Identify the form of communication in which an individual both speaks up for their rights and also takes others' rights and feel
Marysya12 [62]
A. Assertive Communication
5 0
3 years ago
When marketers consider the defection rate of a market segment, what behavior are they calculating?
insens350 [35]

Answer:

Defection rate, or costumer defection rate is one of the major factors due to which a company can hit rock bottom. The costumer defection rate can be defined as the rate at which the existing costumers of a certain company leave a brand, to switch over a competitor, or stop using that certain type of product all together. If the marketers are considering the defection rate of a market segment, it means that they are considering the rate at which costumers are leaving a brand to join another, or leaving that market all together.

7 0
3 years ago
Other questions:
  • If a document is View-Only, what must you do first before you
    12·1 answer
  • Depending on the number of customer footfalls in each section, Glenn, the floor manager of an apparel store, shuffles the number
    8·1 answer
  • As an analyst at Delta Airlines, you are asked to help the operations staff. Operations has identified a new method of loading b
    9·1 answer
  • Is a Polo shirt proper for a business job?
    6·1 answer
  • Write the short about the poison case against bhimsen thapa​
    14·1 answer
  • Consider an oligopoly industry whose firms have identical demand and cost conditions. If the firms decide to collude, then they
    7·1 answer
  • A corporate bond with a 6% coupon (paid semiannually) has a yield to maturity of 7.5%. The bond matures in 20 years but is calla
    9·1 answer
  • what are the economic factors influencing the communication industry as a whole and how does this impact the economic base​
    15·1 answer
  • What would be the price of a perpetuity bond that has a $100 interest payment and a 4% yield?
    10·1 answer
  • Airline passengers who fly on aircraft benefit from the specialization and trade that occurs between plane manufacturers since a
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!