Question: LinkedIn's September 30, 2016 Form 10-Q balance sheet data reported certain items very differently from the way that Microsoft allocated its purchase price to LinkedIn's

  1. LinkedIn's September 30, 2016 Form 10-Q balance sheet data reported certain items very differently from the way that Microsoft allocated its purchase price to LinkedIn's assets and liabilities as of December 6, 2016.
    1. Compare intangible assets, as reported as of September 30 and December 6. What is the difference in amount, and why do you think this occurred?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Impact of GAAP rules on the comparability of LinkedIn income over time. LinkedIn's September 30, 2016, Form 10-Q balance sheet data reported certain items very differently from the way that Microsoft...

Q:

LinkedIn's September 30, 2016, Form 10-Q balance sheet data reported certain items very differently from the way that Microsoft allocated its purchase price to LinkedIn's assets and liabilities as of...

Q:

LinkedIn's September 30, 2016 Form 10-Q balance sheet data reported certain items very differently from the way that Microsoft allocated its purchase price to LinkedIn's assets and liabilities as of...

Q:

LinkedIns September 30, 2016 Form 10-Q balance sheet data reported certain items very differently from the way that Microsoft allocated its purchase price to LinkedIns assets and liabilities as of...

Q:

LinkedIns September 30, 2016 Form 10-Q balance sheet data reported certain items very differently from the way that Microsoft allocated its purchase price to LinkedIns assets and liabilities as of...

Q:

Impact of GAAP rules on the comparability of LinkedIn income over time. LinkedIn's September 30, 2016, Form 10-Q balance sheet data reported certain items very differently from the way that Microsoft...

Q:

Impact of GAAP rules on the comparability of LinkedIn income over time. LinkedIn's September 30, 2016, Form 10-Q balance sheet data reported certain items very differently from the way that Microsoft...

Q:

I am having trouble with the 2015 and 2016 statements balancing on the FSAP. Could you take a look at it and tell what is wrong and correct it? Financial Statement Analysis Package (FSAP) A Comment...

Q:

Introduction: On December 8, 2016, for Microsoft Corporation (Microsoft) bought LinkedIn Corporation ("LinkedIn") for $27 billion in cash. LinkedIn continued to operate, as a subsidiary of Microsoft....

Q:

one objective of financial accounting is to provide relevant information about the operating success or failure of companies. In this case, the measurement of LinkedIn's expenses was very different...

Q:

We have all experienced highway congestion and bumper-to-bumper traffic, but congestion is a bigger issue for supply chains and transport service providers. Why?

Q:

Which of these balance sheet entries reflect the company's capital structure? Bonds Shareholders' Equity Retained Earnings Goodwill

Q:

Lenders base the permissible debt - coverage ratio on: a ) The last year's operating projection. b ) The first year's operating projection. c ) Creates constraints on the amount we can borrow. d ) a

Q:

10 On 7/1/14, ABC sold 12% bonds having a maturity value of $800,000 for $861 dated 7/1/14, and mature 7/1/19. Interest is payable semiannually on July 1 a amortization for bond premium or discount....