Chapter 10 HW
Allocation of potential 12,000 loss
5/8 of (12,000) = (7,500)
3/8 of (12,000) = (4,500)
Bell capital (40% of loss)
Hardy capital (30% of lo
c. The parent ignores preexisting subsidiary goodwill all allocates the subsidiarys fair value among the
separately identifiable assets acquired and liabilities assumed.
This is because goodwill is essentially embodies the expected synergies that the
Chapter 1 Homework
3. AIS processes financial transactions and nonfinancial transactions that directly affect financial
transactions. MIS processes nonfinancial transactions that are not normally processed by AIS. AIS tends
to be i
Chapter 3 homework
3. The four areas of ethical business issues are; equity, rights, honesty, and exercise of corporate power.
6. Computer ethics is the analysis of the nature and social impact of computer technology and the