What is goodwill? Under what circumstances is it recorded on financial statements?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (15 reviews)
Goodwill is the excess of the price paid for all o...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
Under what circumstances does a growth in financial flows make exchange rates less stable?
-
Under what circumstances will the rate of return on common shareholders equity exceed the rate of return on assets? Under what circumstances will it be less?
-
Under what circumstances should consolidated financial statements be prepared?
-
Assume an employee signs a non - disparagement clause. What would be considered breaking this clause? a . ) Telling a company's trade secret to a competing firm for a fee b . ) Using a work computer...
-
What is a price-origin belief? Give an example of the effect such a belief could have on the customers price-level awareness.
-
Show that the m equations: nj = 1 aijXj = bi, i = 1,2, ... , m are equivalent to the following m + 1 inequalities: nj = 1 aijXj = bi, i = 1,2, ... , m nj = 1 (mj = 1 aij) x1 mj = 1 bi
-
Describe the difference between concrete and abstract classes and give an example for each.
-
The unadjusted trial balance of La Mesa Laundry at August 31, 2016, the end of the fiscal year, follows: The data needed to determine year-end adjustments are as follows: a. Wages accrued but not...
-
How do organizational change theories such as Lewin's Three-Stage Model and Kotter's Eight-Step Process adapt to accommodate the complexities of globalized, digitally-enabled business environments ?
-
Tahoe Tent Ltd. issued bonds with a par value of $808,000 on January 1, 2020. The annual contract rate on the bonds was 16.00%, and the interest is paid semiannually. The bonds mature after three...
-
Examine the information in Exhibit 10.6 and answer the following questions: a. What was Husky's comprehensive income in fiscal 2010 and 2011? b. What are the sources of the other comprehensive loss...
-
Why is understanding the extent to which one corporation influences another import ant for accounting purposes? What impact does an entity's degree of influence have on the accounting for investments?
-
Identify the sales promotion tools that might be useful for (a) Tastee Yogurt, a new brand introduction, (b) 3M self-sticking Post-it Notes, (c) Wrigleys Spearmint Gum.
-
A car on a roller coaster starts at zero speed at an elevation above the ground of 26m. It coasts down a slope, and then climbs a hill. The top of the hill is at an elevation of 10m. What is the...
-
A model of a helicopter rotor has four blades, each 3.60 m in length from the central shaft to the tip of the blade. The model is rotated in a wind tunnel such that it makes one complete circle in a...
-
The tires of a car make 75 revolutions as the car reduces its speed uniformly from 75 km/h to 55 km/h. The tires have a diameter of 0.80 m. A. What is the angular acceleration of the tires? If the...
-
An object dropped from the Empire State Building travels 284 feet per second when it hits the ground. The velocity of an object dropped from a height of h meters is given by the function v=square...
-
1. Powerful Magnet Steel An inventor connects a powerful magnet in front of his car, and he claims that the magnet pulls the steel attached to the car. This way, the car consumes less fuel while...
-
Indicate how each of the following will affect this years GDP: a. You suffer $10,000 of damage when you wreck your automobile. b. You win $10,000 in a state lottery. c. You spend $5,100 in January...
-
Sandcastles, Inc.s management has recently been looking at a proposal to purchase a new brick molding machine. With the new machine, the company would not have to buy bricks. The estimated useful...
-
Consider air entering a heated duct at \(p_{1}=1 \mathrm{~atm}\) and \(T_{1}=288 \mathrm{~K}\). Ignore the effect of friction. Calculate the amount of heat per unit mass (in joules per kilogram)...
-
Consult three recent articles (from newspapers, internet news sources, or business magazines) on executive pay. Using these articles, describe the main issues and then your opinion about whether (or...
-
Amazon.com started as an online bookstore that has turned into one of the largest online retailers selling items from music and movies to artwork and furniture. As the company website states it is by...
-
Investigate the firm Red Box. Do you think they are a legitimate threat to Netflix? Why or why not?
-
determine how you could check the numbers in the financial report are correct for cash at bank?
-
How and when are allowances formalized into the contract? NOTE: As time went on, the contractor used creative accounting and charged all sorts of marginal costs against the allowances. Is this legal...
-
During the current fiscal year, a company made the following expenditures: Spent $64,928 to overhaul a machine. The overhaul enabled the machine to produce more products per hour than it previously...
Study smarter with the SolutionInn App