There are two different approaches to calculating goodwill arising on consolidation. What factors might influence a particular
Question:
There are two different approaches to calculating goodwill arising on consolidation. What factors might influence a particular company to choose one basis rather than another?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
The two main approaches to calculating goodwill arising on consolidation are the full goodwill method and the proportionate goodwill method These methods are used in the context of business combinatio...View the full answer
Answered By
ROXAN VEGA
I have extensive hands-on experience and proficiency in assisting students in various subjects. During my tutoring sessions, I prioritize creating a supportive and engaging learning environment. I strive to understand each student's unique learning style and tailor my teaching methods accordingly. I am patient, empathetic, and skilled at breaking down complex concepts into simpler, more manageable parts. I encourage active participation and discussion, promoting critical thinking and problem-solving skills.
One of my strengths as a tutor is my ability to adapt to different learning needs and styles. I can explain difficult concepts using real-life examples, visual aids, or interactive exercises, depending on what works best for the student. I also provide clear explanations, answer questions, and offer guidance in a clear and concise manner.
0.00
0 Reviews
10+ Question Solved
Related Book For
Financial Accounting For Decision Makers
ISBN: 9781292251257
9th Edition
Authors: Peter Atrill, Eddie McLaney
Question Posted:
Students also viewed these Business questions
-
List three specific parts of the Case Guide, Objectives and Strategy Section (See below) that you had the most difficulty understanding. Describe your current understanding of these parts. Provide...
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
1. How strong are the competitive forces confronting J. Crew in the market for specialty retail? Do a [Michael Porter] five-forces analysis to support your answer. (see chapter 3 in the textfor...
-
Northwest Building Products (NBP) manufactures two lumber products from a joint milling process: residential building lumber (RBL) and commercial building lumber (CBL). A standard production run...
-
Golden Trails Company handles three principal lines of merchandise with these varying rates of gross profit on cost. Furniture ...........25% Beds .................30% Rugs ................50% On...
-
What industrial and national capital structure patterns are exhibited globally? What factors seem to be driving these patterns?
-
The financial statements and industry norms are shown below for the Congo Mining Company: a. Compute the financial ratios for Congo to compare both for 2017 and 2018 against the industry norms. b....
-
Suppose you are an investment advisor, and you are looking at two companies to recommend to your clients, Shelly's Seashell Enterprises and Jeremy Feigenbaum Systems. The two companies are virtually...
-
1. How the singly linked lists can be represented? 2. How the doubly linked list can be represented? 3. What are benefits of ADT? 4. When singly linked list can be represented as circular linked...
-
Segmental information relating to Dali plc for the year to 31 December 2018 is shown below: Required: Analyse the performance of each of the three main business segments for the year and comment on...
-
Why is the amount for non-controlling interests recalculated each time we prepare a statement of financial position, but goodwill arising on consolidation is calculated just once?
-
Factor the given expressions completely. x 2 9
-
The purpose of this part is to provide you with a better understanding of the origins of the Codification. For this part, you should stay in the Codification, clicking on the tab Other Sources ( on...
-
Isaac Berman is a former finance manager. When he was downsized, he applied to NYU s Stern School of Business and was accepted with a full scholarship. His wife, Salom , has a law degree. Since she...
-
1 . Mortgagor purchases a parcel of land from Seller for $ 1 0 0 , 0 0 0 . Mortgagor borrows $ 8 0 , 0 0 0 from Bank and pays that amount and an additional $ 2 0 , 0 0 0 of cash to Seller giving Bank...
-
Alton Forge, a fabricator of hammered machine parts, wants to expand by producing larger machine parts. To do so , it needs to buy a large power hammer. This power hammer costs $ 1 , 3 5 0 , 0 0 0 ....
-
What is the main advantage of an unconditional policy commitment? OA. It provides a significant amount of certainty, which makes it easier for markets and households to make decisions about the...
-
Name each of the following compounds. a. CuI b. CuI2 c. CoI2 d. Na2CO3 e. NaHCO3 f. S4N4 g. SeBr4 h. NaOCl i. BaCrO4 j. NH4NO3
-
The test statistic in the NeymanPearson Lemma and the likelihood ratio test statistic K are intimately related. Consider testing H 0 : = 0 versus H a : = a , and let * denote the test statistic...
-
Briefly explain each of the following expressions that you have seen in the financial statements of a limited company: (a) dividend (b) audit fee (c) share premium account.
-
Briefly explain each of the following expressions that you have seen in the financial statements of a limited company: (a) dividend (b) audit fee (c) share premium account.
-
Briefly explain each of the following expressions that you have seen in the financial statements of a limited company: (a) dividend (b) audit fee (c) share premium account.
-
The growth of a bacterial culture can be modeled using the formula N = 6 000(2), where N is the number of bacteria after t minutes. a. How much bacteria did the bacterial culture start with? [A1] b....
-
Dr. Jaqueline Favata opened a medical practice specializing in physical therapy. During the first month of operation (August), the business, titled Dr. Jaqueline Favata, Professional Corporation...
-
Take a look at the following company information: Sales (000s) Time left 0:3 $ 1566 Direct Materials (000s) $ 554 Direct Labour (000s) $ 211 $ 801 $ 162.5 $ Gross Profit (000s) Selling and Admin...
Study smarter with the SolutionInn App