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q what is business combinationscombining of two entities under purchase method ofaccounting one entity is deemed to attain another and there is a new
bond - one type of long-term promissory note often issued to the public as a security regulated under federal securities laws or state blue sky laws
q board of directorsboard of directors - individuals responsible for overseeing the affairs of an entity including the election of its officers board
which currency has to be used in an international acquisition in order to calculate the flowsit can be completed in the local currency or in the
my company paid an extremely high price for the acquisition of another company the price was recommended by the valuation of an investment bank we
how could we obtain an indisputable discount rate how should we calculate the beta and the risk premiumthere is no indisputable discount rate a
is it possible for a company with a positive net income and which does not distribute dividends to find itself in suspension of payments yes a lot
is book value the best proxy to the value of the sharesno according to a6 it would be a miracle if the number that appears in the shareholders equity
does the shareholders equity represent the savings a company has accumulated through the yearsno the number which shows in the shareholders equity of
q what is alternative minimum taxalternative minimum tax amt - tax imposed to back up the regular income tax imposed oncorporation and individuals to
q what is affiliated companyaffiliated company - company or other organization related through common ownershipcommon control of management or owners
the dividend is the part of the net income that the company distributes to shareholders as the dividend represents real money the net income is also
q explain the adjusting journal entryadjusting journal entry - an accounting entry made into a subsidiary ledger known as the generaljournal to
the so-called cash flow net income plus depreciation is a flow of cash but is it a flow to the shareholders or to the companysuppose that net income
q what is adjusted gross incomeadjusted gross income - gross income decreased by business and other specified expenses ofindividual taxpayers amount
q what is adjusted basisadjusted basis - after a taxpayers basis in property is determined it should be adjusted upwardto include any additions of
additional paid in capital - amounts paid for stock in excess of its par value or statedvalue furthermore other amounts paid by stockholders and
q what is accumulated depreciationaccumulated depreciation - total depreciation pertaining to an asset or group of assetsfrom the time the assets
q accounting principles board accounting principles board apb -senior technical committee of american institute of certified public accountants aicpa
is depreciation the loss of value of fixed assetsno an operative and not a pseudo-philosophical explanation of depreciation might be it is a number
is the net income of a year the money the company made that particular year or is it a number whose significance is quite doubtfulthe net income of a
q accounting changeaccounting change - change in 1 an accounting principle 2 an accounting estimate or 3the reporting entity which necessitates
q describe about accountants reportaccountants report - formal document which communicates an independent accountants1 expression of limited
write the format to place the order what are the risks involved in the delivery of productsformat of the order purchase order acknowledgement form
q show the accountable planaccountable plan - an accountable plan is any reimbursement or other expense allowancearrangement of an employer which