ACC 306 ASH course tutorial/Shoptutorial

ACC 306 ASH course tutorial/Shoptutorial

ACC 306 Entire Course

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ACC 306 Week 1 Assignment E13-21, E13-22, P12-1, P12-7,P12-10, P12-14, P13-6
ACC 306 Week 1 DQ 1 Equity Method
ACC 306 Week 1 DQ 2 Judgment Case 13-9
ACC 306 Week 2 DQ 1 Ethics Case 14-8 Hunt Manufacturing
ACC 306 Week 2 DQ 2 Ethics Case 15-4
ACC 306 Week 3 Assignment E 16-24, E 16-25, E 17-10, E 17-19, P 16-7, P 17-16
ACC 306 Week 3 Ethics Case 17-6
ACC 306 Week 3 Integrating Case 16-5
ACC 306 Week 4 Communication Case 18-10
ACC 306 Week 4 Ethics Case 19-7
ACC 306 Week 4 Assignment E 18-18, E 18-24, E 19-2, E 19-5, E 19-9, E 19-24, P 18-5
ACC 306 Week 5 Analysis Case 20-10
ACC 306 Week 5 Ethics Case 20-5
ACC 306 Week 5 Ethics Case 21-7
ACC 306 Week 5 Assignment E 20-18, P 21-11, P 21-14
ACC 306 Week 5 Final Paper (Lease)



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ACC 306 Week 1 DQ 1 Equity Method


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P 12–13 – Miller Properties – Equity method ● LO5 LO6
On January 2, 2011, Miller Properties paid $19 million for 1 million shares of Marlon Company’s 6 million outstanding common shares. Miller’s CEO became a member of Marlon’s board of directors during the first quarter of 2011.
The carrying amount of Marlon’s net assets was $66 million. Miller estimated the fair value of those net as- sets to be the same except for a patent valued at $24 million above cost. The remaining amortization period for the patent is 10 years.
Marlon reported earnings of $12 million and paid dividends of $6 million during 2011. On December 31, 2011, Marlon’s common stock was trading on the NYSE at $18.50 per share.
Required:
1. When considering whether to account for its investment in Marlon under the equity method, what criteria should Miller’s management apply?
2. Assume Miller...

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