Business

25 October, 12:50

At the acquisition date of an active investment, when the cost of the shares acquired exceeds the underlying book value, the investor is required to amortize any excess that is attributable to separately identifiable assets have an indefinite life. Which of the following is a separately identifiable asset that might not be recognized on the investee's balance sheet?

a. Goodwill

b. Land

c. Patent

d. Inventory

+1

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “At the acquisition date of an active investment, when the cost of the shares acquired exceeds the underlying book value, the investor is ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

True or false? under medicare part a, a beneficiary can have an unlimited number of benefit periods.

Which of the following characteristics lead to a downward-sloping demand curve?

The systematic denial of access to assets, economic opportunities, associations, and organizations based on minority status is called

Suppose that today's date is April 15. A bond with a 10% coupon paid semiannually every January 15 and July 15 is listed in The Wall Street Journal as selling at an ask price of 1,011.429.

Paul has just finished entering adjustments to the trial balance he prepared for the current accounting period. What is the most likely explanation for Paul making these adjustments?

New Questions in Business

Which of the following statements is true of resistance to change? Select one: A. Overt resistance is less important to an organization than is covert resistance. 0 B. Resistance has emotional, cognitive, and behavioral components. 0 C.

A local kayak outfitter has been looking over the latest data from the Census, which reported that income in the area where the outfitter is based has increased by 20%.

What is the objective of the last step in the ethical decision-making framework? Multiple Choice to brainstorm any alternative courses of action to weigh the various alternatives and choose a course of action to identify the issue to gather facts

Suppose an investment of 10,000 doubkes in value every 13 years. how much is the investment

A customer makes a small order, you deliver the goods, and he pays by check. The check clears. He makes another small order, you deliver, and he pays by check. The check clears again. The pattern goes on for several weeks.