Accounting for Business Combinations: A Test for Long-Term Market Memory By Pongprot Chatraphorn Dissertation submitted to the faculty of the Virginia Polytechnic Institute and State University in partial fulfillment of the requirements for the degree of DOCTOR OF PHILOSOPHY In Business Administration with a Concentration in Accounting Dr. John A. Brozovsky, Chair Dr. Anthony J. Amoruso Dr. Robert M. Brown Dr. Frederick M. Richardson Dr. Keying Ye December 19, 2001 Blacksburg, Virginia
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LIFO, did they have LIFO liquidation during the most recent year presented? How do you know? What depreciation methods are they using for property, plant & equipment? How do you know? They use the straight-line method for depreciating assets. This is also declared in the second footnote Titled "Summary of Significant Accounting Policies".
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key concepts and topics of this class I have learned is being able to understand how to do a balance sheet, know the accounting concepts, when looking at a transaction being able to understand where they go on a balance sheet, how to deal with intangible assets and patents. These are important when dealing with businesses balance sheets, you have to know how to put the numbers on the sheet so that a company can determine if they are making money or in the red. These concepts have really made me aware
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maintain the growth of the company. Recent acquisition of Bagels Express is pending. Inventory Valuation The company has to account for all products that are on hand and ready for sale. Having an accurate count determines the worth of the company assets.
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for a lower interest rate to save on his overall costs. http://www.tradingeconomics.com/interest-rates-list-by-country?c=latin+america Value of Guillermo's patent According to King (2003), Intellectual capital is recognized as the most important asset of many of the world’s largest and most powerful companies; it is the foundation for the market dominance and continuing profitability of leading corporations. Calculating the value
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Reporting of Intangibles by Service Sector in Indian context Introduction "I can make a whole lot more money skillfully managing intangible assets than tangible assets." – Warren Buffet In the current knowledge based economy, there is a transition from matter based economy to one based on ideas. The emphasis is shifting from natural resources to new thoughts and designs. With the shift from monetary economy to knowledge based economy, the wealth can be added by increasing the intangibles. The
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Abstract Intangible assets have been given a lot of attention by accounting professionals and other parties involved with their financial reporting lately, due to the difficulty they present in being precisely valued, classified and accounted for. For some companies, intangible assets make up the majority of their total company’s assets; for other companies, intangible assets are very small part of their total assets. In either case, accounting treatment of intangible assets has seen some
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ASC Research Case—Defensive intangible Asset Ahorita Company manufactures wireless transponders for satellite applications. Ahorita has recently acquired Zelltech Company which is primarily known for its software communications development, but also manufactures a specialty transponder under the trade name “Rapido” that competed with one of Ahorita’s products. Ahorita will now discontinue Rapido and projects that its own product line will see a market share increase. Nonetheless, Ahorita’s management
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specific tangible and intangible assets? (see business combinations in the summary of significant accounting policies in note 2.) Cisco allocates the fair value of the purchase consideration of its acquisitions to the tangible assets, liabilities, and intangible assets acquired. The excess fair value of the purchase consideration over the fair values of these identifiable assets and liabilities is recorded as goodwill. ii. What percentage of the total (gross) assets acquired in the NDS acquisition
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Types of Assets Used by Companies Garzoria, Raul Principles of Accounting 2311 Ruby Campuzano, M.S. Abstract Assets are resources owned by a company as the result of transactions and are recognized by being an economic resource to a business that adds value. Assets should hold future economic value for the owner or business. Types of Assets Used by Companies An item owned by individuals or corporation that holds some type of economic value that in turn can be converted into cash,
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