The Difference between Investment Cost and Fair Market Value The difference between the cost of investment and the fair market value of a subsidiary business on the date of sale is known as goodwill. The venture takes place after a corporate merger. However, the goodwill is not recorded in the parent...
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Yum! Brands Incorporation, formerly Tricon Global Restaurant Incorporation, is a fast-food American enterprise headquartered in Louisville, Kentucky. The company's new CEO is Greg Creed, and the executive chairperson is David Novak. Taco Bell, Pizza Hut, and KFC are among the licensed brands operated by the company. Yum! Brands' three operating...
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One of the fascinating accounting topics explored in Starbucks' annual report is the debate and accounting for goodwill. When a corporation acquires another enterprise and overpays for the new enterprise, it also generates goodwill for the company. The goodwill is the excess money paid above the market value of the...
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Leadership in a company is often used to improve the organization's facilities. Various nations have strict laws in place that these businesses can follow. In the long run, these will be the instruments used to assess the firm's strength. According to Sandoval (2014, p. 200), it is concerned with the...
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The cost of capital is the fee levied on the sum of money (debt and capital) used to operate a company. The cost of capital is determined by the type of borrowing used by a business; it corresponds to the cost of debt if the company is entirely funded by...
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Account reporting remains a sensitive topic Account reporting remains a sensitive topic for any organization and economy, particularly in light of the financial crises that have occurred around the world. Accounting activity aggregation, representation, and reporting are critical, particularly for an organization's development. Given these conditions, various boards have formed to...
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The Financial Accounting Standard Board (FASB) is in charge of developing and transmitting financial accounting and financial reporting standards in the United States of America. It is a non-profit board of seven accounting practitioners. The Generally Accepted Accounting Principles (GAAP) was another name for the FASB standards (GAAP). They are...
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The AASB10 Consolidated Financial Statement The AASB10 Consolidated Financial Statement was created by the Australian Accounting Board to make it easier to comply with the IFRIS10 Consolidated Financial Statement created by the International Accounting Standards Board (Australian Accounting Standards Board, 2014)....
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A liability that is owed to a corporation on an annual basis is referred to as a current liability. In this situation, the list of liabilities that contain the current liabilities is closely monitored so industry should demonstrate sufficient liquidity to ensure that the liabilities are remunerated off while they...
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Interactions with Black People I grew up and went to school with black people, and I loved spending time with them and playing with them. It was fun keeping company before I had to start school.Struggling with Cluster Consonants I was in this class of students who struggled with cluster consonants. They...
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Apple vs. Microsoft Microsoft, headquartered in Redmond, Washington, is one of the most profitable multinational corporations in the world. Microsoft Corporation is primarily engaged in the development, manufacture, and distribution of computer software, consumer electronics, personal computers, and other electronic products. Microsoft Windows, which is used in computers, is the company's...
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Boss Corporation Boss Corporation is a manufacturer of effects pedals. The company is a division of the Japanese music equipment manufacturer Roland Corporation. The company is dedicated to helping musicians create the best sounds possible. Its products include guitar effects pedals, MIDI controllers, and more. It also offers other products and...
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