Short-term investments are securities that are readily marketable and intended 1. Which one of the following would not be classified as a short-term investment? a. Marketable stock securities b. Equity method investments c. Marketable debt securities d. Short-term paper 2. Short-term investments are securities that are readily marketable and intended to be converted into cash within the next a. year. b. two years. c. year or operating cycle, whichever is shorter. d. year or operating cycle, whichever is longer. 3. Which of the following would not be classified as a short-term investment? a. Short-term commercial paper b. Idle cash in a bank checking account c. Marketable stock securities d. Marketable debt securities 4. If a parent company acquires wholly owned subsidiary at an amount greater than the book value, the excess should be a. allocated to expense on the date of acquisition. b. allocated to identifiable assets to the extent of their fair values, with any remainder allocated to goodwill. c. allocated to goodwill, with any remainder allocated to the identifiable assets. d. set up as a liability to the controlling interest. 5. The consolidated worksheet shows Excess of Cost Over Book Value of Subsidiary of $210,000. Management of the parent company determines that the market values for subsidiary company plant assets are $90,000 higher than book values. In the consolidated balance sheet, goodwill will be reported at a. $210,000. b. $120,000. c. $90,000. d. $0. Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help
We employ a number of measures to ensure top quality essays. The papers go through a system of quality control prior to delivery. We run plagiarism checks on each paper to ensure that they will be 100% plagiarism-free. So, only clean copies hit customers’ emails. We also never resell the papers completed by our writers. So, once it is checked using a plagiarism checker, the paper will be unique.
FALL 2018 HOMEWORK HELP| ASSIGNMENT HELP,…