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statuscvo [17]
3 years ago
15

For business combinations involving less than 100 percent ownership, the acquirer recognizes and measures all of the following a

t the acquisition date except: Multiple Choice
a. Identifiable assets acquired, at fair value.
b. Liabilities assumed, at book value.
c. Non-controlling interest, at fair value.
d. Goodwill or a gain from bargain purchase.
Business
1 answer:
Mariana [72]3 years ago
3 0

Answer:

b. Liabilities assumed, at book value.

Explanation:

International Financial Reporting Standards (IFRS) and International Accounting Standards (IAS) require everything (Assets, Liabilities and Non-controlling interest) to be measured at the fair market value, the amount a third-party would pay on the open market, at the time of acquisition — the date that the acquirer took control of the target company.

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Suppose during the course of a year an economy produces $7 trillion of consumer goods, $1 trillion of investment goods, $5 trill
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Answer:

D) $12 trillion.

Explanation:

GDP is the sum of all final goods and services produced in an economy within a given period which is usually a year.

GDP = Consumption + Investment + Government Spending + Net Export

Net Export = Export - Import

Net Export = $1 - $2 = -$1

GDP = $7 + $1 + $5 - $1 = $12

All calculations are in trillion

I hope my answer helps you.

4 0
3 years ago
Based on the information given, indicate whether the following industry is best characterized by the model of perfect competitio
alina1380 [7]

Answer:

a- monopolistic competition

b- perfect competition

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Explanation:

Industry A is a monopolistically competitive industry

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Industry C is a monopoly industry

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6 0
2 years ago
Mary's Cookies submitted an ad to the local newspaper with a coupon stating that a dozen cookies cost $2.99. The newspaper inste
ss7ja [257]

Answer:

b. Noise

Explanation:

Although there are other factors that may act as barriers to effective communication. However the most likely factor here is noise.

It is most likely that when Mary was stating that a dozen cookies cost $2.99, the newspaper staff was affected by noise coming from people or the printing press machines and thought he had heard $29.90.

3 0
3 years ago
Which of the following is a benefit of determining your personal vision:
labwork [276]

Answer:     the difference between two numbers can be obtained by subtracting the smaller number from the bigger number.

• Here, - 0.4 is the smaller number, and 44.4 is the larger number.

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• Now, in mathematics, - and - makes a +.

This implies that, 44.4 - (- 0.4) = 44.4 + 0.4 = 44.8

∴   The required difference is 44.8.

Explanation: follow meif you want to help more

8 0
2 years ago
Prepare a budgeted income statement for First-Class Ovenware for 2007 if the engineers’ redesign efforts had worked as originall
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Explanation: see attachment below

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3 years ago
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