Pursuing an inorganic growth strategy, Wilson Company acquired Venus Company's net assets and assigned them to four separate reporting divisions. Wilson assigned total goodwill of $134,000 to the four reporting divisions as given below: Alpha Beta Gamma Delta Carrying value$200,000 $320,000 $370,000 $300,000 Goodwill included in carrying value 20,000 34,000 50,000 30,000 Fair value of net identifiable assets at year-end 150,000 300,000 390,000 280,000 Fair value of reporting unit at year-end 180,000 350,000 360,000 295,000 Based on the preceding information, what amount of goodwill will be reported for Beta at year-end?
A. $34,000
B. $50,000
C. $0
D. $14,000
Answer: A
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According to which theory, women’s subordinate societal status compelled them to become better message decoders?
A. Interpersonal Deception Theory B. Nonverbal Communication Theory C. Cultural Interaction Theory D. Standpoint Theory
Horizon Marine Stores Company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor
Horizon uses standard costs to prepare its flexible budget. For the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: Direct materials: 4 pounds per unit; $4 per pound Direct labor: 4 hours per unit; $15 per hour Horizon produced 5,000 units during the quarter. At the end of the quarter, an examination of the labor costs records showed that the direct labor cost variance was $6,000 F. Which of the following is a logical explanation for this variance? A) The company used fewer labor hours than allowed by the standards. B) The company paid a lower cost per hour for labor than allowed by the standards. C) The company used a lower quantity of direct materials than allowed by the standards. D) The company paid a lower cost for the direct materials than allowed by the standards.
One problem with ratio analysis is that relationships can be manipulated. For example, we know that if our current ratio is less than 1.0, then using some of our cash to pay off some of our current liabilities would cause the current ratio to increase and thus make the firm look stronger.
Answer the following statement true (T) or false (F)
Which of these channels represents a traditional media outlet?
A. Podcasts. B. Television. C. Cell phones. D. Blogs.