Answer (a) :- David Paul Goldman, who is an American Economist, wrote an article in the year 2009 for a news channel. That, “This is perfect from strategic perspective. This treasure trove of over 5,000 character offers Disney the ability to do what we do best” said by chief executive of Disney Robert Iger. The deal gives some content to appeal more boys, a market it has been looking to develop according to Iger. In the deal Disney gets right to several action-heroes those are not very popular and will have opportunity to develop these characters in future television shows and future movies.
Answer (b) :- Given, Fair Valuation at the time of Acquisition 4,000,000,000
(Less) : Book Value (454,757,000)
= Goodwill 3,545,243,000
Thus, Goodwill valued at 3,545,243,000.
Disney Acquisition of Marvel Entertainment In August 2009, The Walt Disney Company announced that it would...
Luther Corporation Consolidated Balance Sheet December 31, 2009 and 2008 (in 9 millions) 2009 2008 2009 2008 Assets Current Assets Cash 63.6 58.5 87.6 73.5 Accounts receivable 55.5 39.6 Liabilities and Stockholders' Equity Current Liabilities Accounts payable Notes payable/ short-term debt Current maturities of long-term debt Other current liabilities Total current liabilities 10.5 9.6 Inventories Other current assets 45.9 6.0 42.9 3.0 39.9 6.0 36.9 12.0 Total current assets 171.0 144.0 144.0 132.0 2 39.7 168.9 66.6 109.5 119.1 62.1...
anything helps, thank you!
i think the direct response advertising is under
"Deferred subscriber acquisition costs, net"
4. Can you determine from the June 30, 1996 and the June 30, 1995 balance sheets how much money AOL spent on direct-response advertising during fiscal year 1996? If yes, how? If no. what additional information do you need and where would you look for such information? America Online, Ine Consolidated Balance Sheets (Amounts in thousands, except share data) June 10, $ Assets...
Perform a horizontal analysis of the balance sheet of the
Fortune 500 company, Apple. Then please summarize the balance sheet
results of the horizontal analysis. Simply select some of the
higher or lower %s to discuss. Focus on items you feel are more
relevant and telling of the company operations. For example, you
could write one paragraph on each section of the balance sheet i.e.
assets, liabilities, equity.
Please use the following balance sheets.
Apple Inc. CONSOLIDATED BALANCE SHEETS (In...
The financial statements of Snapit Company are given below. Snapit Company Income Statement (2009) Sales $ 4,000,000 Cost of goods sold 3,040,000 Gross profit 960,000 Selling & administrative expenses 430,000 Operating profit 530,000 Interest expense 160,000 Income before tax 370,000 Tax expense 148,000 Net income $ 222,000 Balance Sheet 2009 2008 Cash $ 60,000 $ 50,000 Accounts receivable 550,000 500,000 Inventory 690,000 620,000 Total current assets $ 1,300,000 $ 1,170,000 Fixed assets 1,300,000 1,230,000 Total assets $ 2,600,000 $ 2,400,000...
What is the firm's market to book value for 2009?
The formula and answer is as follows:
$100/[($850,000/25,000)] = 2.9400
Please explain where the $100 comes from and why dividing the
common stock by total current liabilities. Please provide a
thorough explaination of the entire problem.
Snapit Company Income Statement (2009) Sales Cost of goods sold Gross profit Selling and administrative expenses Operating profit Interest expense Income before tax Tas expense Net income $4,000,000 3.040,000 960.000 430.000 530.000 160,000 370,000...
total rev can replace that
2009 $34137 660 34797 CostPlus Company Income Statements 2008 Net Sales $31621 Membership Fees 543 Total Revenue 32164 Operating expenses Merchandise Costs 28322 SG&A 2615 Depreciation 190 Interest Expense Total Operating Expenses 31166 Interest Income Taxable income 1052 Taxes 421 Net Income $631 30598 2966 241 39 32 54 33837 43 1003 401 $602 2009 CostPlus Company Balance Sheets 2008 $524 48 175 2490 $602 325 2739 Cash Short-term Investments Accounts Receivable Inventory Other Current...
Many parties provide the cash (or capital) to finance the
acquisition of SBUX’s assets. Often overlooked capital providers
are suppliers that we have not paid, municipalities and power
companies that we have not paid, and customers that give us cash in
advance of our delivering a product or service. These liabilities
are reported in the current liabilities section of the balance
sheet. Although these parties are technically capital providers,
they are usually thought of as financing the current assets section...
Analysis and Interpretation of Profitability Balance sheets and income statements for 3M Company follow. Consolidated Statements of Income Years ended December 31 ($ millions) 2009 2008 2007 Net sales $23,123 $25,269 $24,462 Operating expenses Cost of sales 12,109 13,379 12,735 Selling, general and administrative expenses 4,907 5,245 5,015 Research, development and related expenses 1,293 1,404 1,368 Loss/(gain) from sale of business -- 23 (849) Total operating expenses 18,309 20,051 18,269 Operating income 4,814 5,218 6,193 Interest expenses and income Interest...
Could anyone help me identify which items are operating assets
and operating liabilities?
Consolidated Statement of Financial Position - CAD ($) $ in Millions Current assets Cash and cash equivalents Accounts receivable Contract assets Inventories Prepayments Income taxes recoverable Derivative financial assets Total current assets Property, plant and equipment Intangible assets Investment in equity accounted investees Deferred tax assets Derivative financial assets Other assets Total assets Current liabilities Accounts payable and accrued liabilities Less: current portion Income taxes payable Document...
AN CT4-2 The financial statements of Columbia Sportswear Company are presented in Appendix B. Financial statements of VF Corporation are presented in Appendix C. Instructions (a) Identify two accounts on Columbia's balance sheet that provide evidence that Colum- bia uses accrual accounting. In each case, identify the income statement account that would be affected by the adjustment process. (b) Identify two accounts on VF's balance sheet that provide evidence that VF uses accrual accounting (different from the two you listed...