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
liubo4ka [24]
3 years ago
14

Morgan Company acquires all of the outstanding shares of Jennings, Inc., for cash. Morgan transfers consideration more than the

fair value of the companyâs net assets. How should the payment in excess of fair value be accounted for in the consolidation process?
Business
1 answer:
zmey [24]3 years ago
8 0

Answer:

The excess amount paid should be recognized as Goodwill.

Explanation:

Goodwill is the excess amount over net assets of the investee company, paid by investor to the shareholders of the investee company.

Goodwill is calculated as value paid to acquirer less fair value of net assets (fair value of assets minus fair value of liabilities).

You might be interested in
James, a casino manager, defines and uses signals and symbols to influence corporate culture by communicating central values to
matrenka [14]

Answer: Cultural Leadership

Explanation:

A) Egalitarian leader is WRONG

B) Cultural Leader: This is the kind of leader that instills cultural heritage such as customs, believe, past stories and values in his/her subodinate as in the case of James who uses signals and symbols to influence corporate culture by communicating central values to employees.

C) Servant Leader is WRONG. It can be likened to a leader that performs almost all the duties of the subodinate

D) Totalitarian Leader is also WRONG

E) Transitional Leader is WRONG

8 0
3 years ago
calculus a hotel that charges 80 oer day for a room gives secial rates to organizations that reserve bewteen 30 adn 60 rooms
Zarrin [17]

Calculus of All rooms are occupied while the lodge costs $eighty per day for a room. For each growth of x bucks within each day room rate, there are x rooms.

Calculus is a branch of mathematics that involves the examination of fees of trade. before calculus turned into invented, all math turned into static: it can most effectively assist in calculating gadgets that have been perfect nevertheless. but the universe is constantly transferring and changing.

Calculus is tough because it's far one of the most difficult and superior types of arithmetic that maximum STEM majors stumble upon. each high faculty and university calculus are a big jump in terms of the issue as compared to the mathematics publications college students have previously taken.

Learn more about Calculus here: brainly.com/question/24430269

#SPJ4

6 0
1 year ago
1. Make the following statement True by filling in the blank from the choices below: Critical infrastructure owners and operator
Nadya [2.5K]

Answer:

The answer is "Develop and implement security and resilience programs for the critical infrastructure under their control, while taking into consideration the public good as well".

Explanation:

In the past, industrial control  systems were generally not connected to IT networks and did not contain complex computing  capabilities; therefore, they could be adequately protected using physical security measures like locks  and fences. However, as OT has become more integrated with IT, such physical measures are becoming  less adequate in securing the underlying critical assets.

8 0
3 years ago
The auditor of a public company is assessing the value of all the intangible assets owned by the company. Which of the following
liq [111]

Answer:

B. The company's brand equity

Explanation:

Intangible assets lack a physical presence. They are assets that cannot be touched or seen. Intangible assets are contrasted by tangible assets, which include land, buildings, vehicles, plants, and machinery.  Examples of intangible assets include patent brand names, trademarks, or and copyright.

Intangible assets have a use-life of more than one year. They can be created or acquired, just like tangible assets. From the list in the case, The company's cash reserves, company's plant and equipment, and company headquarters are tangible assets because they have a physical presence.

6 0
3 years ago
A bakery invest a portion of profits into sending its employees to a training on how to use more energy-efficient ovens that als
Karo-lina-s [1.5K]
A bakery invests a portion of profits into sending its employees to a training on how to use more energy-efficient ovens that also can hold more baked goods. Hoping to achieve by investing in the training, the goal of the bakery is increase productivity. The new learning to employees will help them how to use more of the energy-efficient ovens and probably find a way that they won't have to waste more electricity and produce more baked goods.

The answer would be letter A.
6 0
3 years ago
Other questions:
  • Meena Chavan​ Corp.'s computer chip production process yields DRAM chips with an average life of 1,600 hours and sigma ​= 80 hou
    14·1 answer
  • The accountant at Metlock, Inc. is figuring out the difference in income taxes the company will pay depending on the choice of e
    6·1 answer
  • Cowles Corporation, Inc. makes and sells a single product, Product R. Three yards of Material K are needed to make one unit of P
    6·1 answer
  • At Creighton Company, the following errors were discovered after the transactions had been journalized and posted.1. A collectio
    7·1 answer
  • Classify each of the following in terms of their effect on interest rates (increase or decrease): I. Covenants on borrowing beco
    11·1 answer
  • Tariffs Group of answer choices may be imposed either to raise revenue (revenue tariffs) or to shield domestic producers from fo
    9·1 answer
  • What is true about credit unions?
    13·2 answers
  • Prepare the adjusting entry to record bad debts under each separate assumption. Bad debts are estimated to be 1.5% of credit sal
    6·1 answer
  • Paid vacations and sick leave are
    7·2 answers
  • price discrimination will occur when a firm can segment its existing and potential customers into different groups based on:
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!