N2005, anthara inc. acquired sathya inc. for $1,200 million when the fair value of net assets (assets minus liabilities) of sathya was $955 million. at the end of 2006, the net assets including goodwill, from anthara’s acquisition of sathya had a book value of $720 million. at this date the fair value of sathya was assessed to be $700 million, while the fair value of sathya excluding goodwill was assessed to be $550 million. compute the amount of impairment loss that anthara should record for goodwill at the end of 2006.

When is going to be why would you put money into saving account

Ardmore farm and seed has an inventory dilemma. they have been selling a brand of very popular insect spray for the past year. they have never really analyzed the costs incurred from ordering and holding the inventory and currently fave a large stock of the insecticide in the warehouse. they estimate that it costs $25 to place an order, and it costs $0.25 per gallon to hold the spray. the annual requirements total 80,000 gallons for a 365 day year. a. assuming that 10,000 gallons are ordered each time an order is placed, estimate the annual inventory costs. b. calculate the eoq. c. given the eoq calculated in part b., how many orders should be placed and what is the average inventory balance? d. if it takes seven days to receive an order from suppliers, at what inventory level should ardmore place another order?

The following pertains to smoke, inc.’s investment in debt securities: on december 31, year 3, smoke reclassified a security acquired during the year for $70,000. it had a $50,000 fair value when it was reclassified from trading to available-for-sale. an available-for-sale security costing $75,000, written down to $30,000 in year 2 because of an other-than-temporary impairment of fair value, had a $60,000 fair value on december 31, year 3. what is the net effect of the above items on smoke’s net income for the year ended december 31, year 3?