AOL announced that because of an accounting change (FASB Statements Nos. 141R [ASC 805] and 142 [ASC
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 65% (20 reviews)
The expected increase was due to the elimination of goodwill amortization expense ...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
Why do unions sometimes have a positive impact on productivity?
-
Multiple choice questions: The cumulative effect of an accounting change should generally be reported as an adjustment to the beginning balance of retained earnings in the period in which the change...
-
Reply as to whether you believe the following statements are correct (C) or incorrect (I) concerning PPS sampling. a. The size of a PPS sample is not based on the estimated variation of audited...
-
The monthly payments on a five-year loan at 7.5% compounded monthly are $200.38. a. What was the original amount of the loan? b. What is the balance after the thirtieth payment?
-
Using the same fairy tale from parts A and B of your ISU, you are going to imagine it as a musical production. There are 3 items to include in this part of your ISA. You may change the original...
-
Determine the required cross-sectional area of member BC if the allowable normal stress is allow = 24 ksi. 800 lb 400 lb 6 ft 6 ft B 60 6 ft 30 -45' D 6 ft
-
Table contains data for the installation of new equipment in a manufacturing process at Excello Corporation. Your company is responsible for the installation project. Indirect costs are $15,000 per...
-
Show all working. If f(x)=4x-20, then f(13) (Leave your answer in exact form.
-
Which series has the highest beta. BraveNewCoin Liquid Index for Bitcoin 1D BNC Trading Brave Ne Yellow Green Blue Orange
-
How would a company determine whether goodwill has been impaired?
-
There have been several recent cases of a CEO or CFO resigning or being ousted for misrepresenting academic credentials. For instance, during February 2006, the CEO of RadioShack resigned by mutual...
-
In the Keynesian cross, assume that the consumption function is given by C = 200 + 0.75 (Y T). Planned investment is 100; government purchases and taxes are both 100. a. Graph planned expenditure as...
-
In North Carolina, transaction records must be retained for several years. Unset starred question At the conclusion of the transaction, or after all transaction funds held by the broker have been...
-
White Lotus Inc has just been granted a patent from the US Patent Office and the company is set to manufacture lithium - ion batteries using their latest technology. Over the next 5 years, the...
-
What are the Ratio analysis (ratios), trend analysis of American Airlines? Instructions At least 7 ratios of the most relevant and trends are analyzed based on the financial statements of the last...
-
A foreign company operates as a host company's subsidiary. The host firm monitors the foreign company's operations and ensures that it follows the Equal Employment Opportunity Commission's (EEOC)...
-
Is it ethical for big organizations such as pharmaceutical companies to invest in corporate bonds. why or why not?
-
The Hewlett-Packard 2114, 2115, and 2116 used a format with the leftmost 16 bits being the mantissa stored in twos complement format, followed by another 16-bit field which had the leftmost 8 bits as...
-
A. Select a recent issue (paper or online) of Report on Business Magazine, Canadian Business Magazine (online only), Bloomberg Businessweek, Fast Company, The Economist, or another business magazine....
-
A communications satellite orbits \(1.4 \times 10^{7} \mathrm{~m}\) from Earth's center, at a location where the magnitude of Earth's gravitational field is \(2.0 \mathrm{~N} / \mathrm{kg}\). (a) If...
-
Is there a difference in the amounts reported in the statement of retained earnings of a parent that uses the equity method of accounting and the amounts that appear in the consolidated retained...
-
Is noncontrolling interest share an expense? Explain.
-
Is noncontrolling interest share an expense? Explain.
-
es Hart, Attorney at Law, experienced the following transactions in Year 1, the first year of operations: 1. Accepted $16,600 on April 1, Year 1, as a retainer for services to be performed evenly...
-
Dahlia Corporation has a current accounts receivable balance of $439,516. Credit sales for the year just ended were $5,503,810. a. What is the receivables turnover? Note: Do not round intermediate...
-
Why does the organizational structure hold political significance? Provide an in-depth analysis of this concept using examples from both academic literature and real-world instances. Additionally,...
Study smarter with the SolutionInn App