Questions
Accounting for acquired goodwill has been a controversial issue for many years. In the United States

Accounting for acquired goodwill has been a controversial issue for many years. In the United States, the amount of acquired goodwill is capitalized and not amortized. Globally, the treatment of goodwill varies significantly, with some countries not recognizing goodwill as an asset. Professors Johnson and Petrone, in “Is Goodwill an Asset?” discuss this issue. 

 

Required: 

1. In your library or from some other source, locate the indicated article in Accounting Horizons, September 1998. 

2. Does goodwill meet the FASB’s definition of an asset? 3. What are the key concerns of those that believe goodwill is not an asset?

In: Accounting

What are the relevant learnings that you have acquired that are new and can be reflected...

What are the relevant learnings that you have acquired that are new and can be reflected in your studies in the MBA program so far.

Please answer in 350 words and owrd format only.

THANKS

In: Operations Management

Explain the branching restrictions imposed by the McFadden Act of 1927. When was the McFadden Act...

Explain the branching restrictions imposed by the McFadden Act of 1927. When was the McFadden Act abolished? What law overturned the McFadden Act?

(3) Explain the separation of financial services regulated by the Glass-Steagall Act of 1933 (= Banking Act of 1933). When was the Glass-Steagall Act abolished? What law repelled the Glass-Steagall Act? Q. 3 (2 points)

(1) The number of commercial banks in the United States reached 23,000 in 1929, just before the outbreak of the Great Depression, but the number decreased to 14,125 by 1935. What was the main reason for such a drastic decrease in the number of commercial banks during the 1929-1935 period?

(2) The number of commercial banks in the United States reached 14,388 in 1980, but the number decreased to 5,116 as of March 2020. What was the main reason for such a drastic decrease in the number of commercial banks during the 1980-2020 period?

In: Economics

The Institute of Medicine has stated a goal that 90% of practice be evidence-based by 2020....

The Institute of Medicine has stated a goal that 90% of practice be evidence-based by 2020. According to HealthyPeople.gov, the United States is currently at approximately 15%. Discuss two barriers that might hold nursing practice from achieving this goal, and suggest ways in which identified barriers may be addressed.

In: Nursing

suppose the Finnish government allows resource extraction that produce large quantities of oil

suppose the Finnish government allows resource extraction that produce large quantities of oil

In: Economics

1) Eliminating infections acquired during hospitalization is a health care priority. Researchers aiming to quantify the...

1) Eliminating infections acquired during hospitalization is a health care priority. Researchers aiming to quantify the scale of this problem in the United States reported their survey finding as follows: of 11,282 patients, 452 had 1 or more healthcare-associated infections. Compute a 95% confidence interval of patients having 1 or more health-care associated infections. State the interpretation in context.

In: Statistics and Probability

In 2020 the United States will use some $10 trillion of manufactured goods as measured by...

In 2020 the United States will use some $10 trillion of manufactured goods as measured by the price level as it will be in 2020—producing $9 trillion and paying for the extra $1 trillion by exporting services. Let’s use that as our unit of the quantity of manufactures—$1 worth at 2020 prices is equal to one unit of manufactured goods. And let’s set our index of the price of manufactured goods in 2000 equal to 1.

Suppose the supply curve for manufactured goods has constant-returns-to-scale, with no producer having (much of) an opportunity cost advantage over any other.

Suppose the demand curve for manufactured goods is a straight line linear function such that an increase in the price from its 2000 value of 1 to a value of 2 would lead to a reduction in the quantity demanded by $1 trillion.

What will be the equilibrium price of manufactures in 2020?

In: Economics

Through March 16th of this year, 12% of patients in the United States who had contracted...

Through March 16th of this year, 12% of patients in the United States who had contracted COVID-19 were hospitalized (Centers for Disease Control). In Orange County, Florida, as of April 8, 2020, out of 931 confirmed COVID-19 cases, there were 129 hospitalizations (The Orange County Register). Use this sample information to conduct a test of significance to determine whether the rate of hospitalization due to COVID-19 in Orange County is greater than the rate of hospitalization in the United States population.

  1. Clearly label a sketch of the sampling distribution with appropriate shading.
  2. Test this hypothesis using a significance level of α = 1%. Include all of your calculations.

In: Statistics and Probability

please give full answer starting with an issue and fully explaned terms. Ad and Bookem, an...

please give full answer starting with an issue and fully explaned terms.

Ad and Bookem, an accounting firm operating nationally over a long period of years, with branch offices in all major cities and coverage of all major industrial areas in the United States, acquired the entire practice and goodwill of Sub and Div. another accounting firm operating nationally, with branch offices in all major cities. The price was to be paid in ten annual installments. The agreement contained a provision that provided that the five major partners of Sub and Div, both individually and as members of the accounting firm, were not to engage in practice anywhere in the United States for three years. (a) Is the provision enforceable? Explain. (b) Assuming the provision is enforceable, what remedies does Ad and Bookem have against any of the partners who breach the contract provision? Explain.

In: Accounting

what is the main differences between the Finnish Markka case and the swiss Franc case ?...

what is the main differences between the Finnish Markka case and the swiss Franc case ?

in a perspective of exchange rate systems

In: Economics