Premium Essay

Yes It Is

In: Business and Management

Submitted By teb10c
Words 289
Pages 2
• Allfoods Corp. acquired 80% of the outstanding common stock of Baked Beans Corp in a business combination on February 1, 2009.
• Allfoods paid $40 million in cash
• and issued two million shares of Allfoods common stock to the selling shareholders of Baked Beans.
• Allfoods stock options will replace all outstanding stock options granted to Baked Beans employees as required by the merger agreement.
• has been accounted for in accordance with ASC 805, Business Combinations.
• consideration transferred amounts to $135 million, land and buildings should be recorded using the “in-use” valuation premise and intangible assets should be recorded at fair value.
• ASC 718, ASC 805-10-25-23, ASC 805-20-25-4, ASC 805-20-30-6, ASC 805-30-25, ASC 805-30-30-7, ASC 805-30-30-9, ASC 805-30-30-11, ASC 820-10-35-10, ASC-820-10-35-11.

Consideration Transferred
• ASC 805-30-30-7 requires that an acquirer measure and recognize the fair value of the consideration transferred in a business combination as of the acquisition date.
• ASC 718 is applied to measure the share based payment awards.
• Consideration transferred may include cash, other tangible and intangible assets, business and subsidiary of acquirer, contingent consideration, equity instrument etc.

Common Stock

• According to ASC 805, equity securities (common stocks) issued as consideration in business combination should be measured at fair value as of the acquisition date.

Contingent Consideration

• ASC 805-30-25 states that the acquirer shall recognize the acquisition date fair value of contingent consideration as part of the consideration transferred in exchange for the acquiree.

Replacement Stock Option

• ASC 805-30-30-9 states that if the acquirer is obligated to replace the acquiree awards, either…...

Similar Documents

Premium Essay

Getting to Yes

...“Getting To Yes” is an excellent book that is very easy to read. Every chapter has some excellent points that can always help negotiate an agreement without giving in completely. I am a manager of a directional drilling company in Midland. I have 39 employees that are under me. By reading this book it has given me plenty of tools to talk to my guys in situations where both of us need to compromise to get what we want. The first chapter talks about not bargaining over positions. Most people negotiate by staking out extreme positions in the beginning and then negotiating towards a middle ground compromise. This is a bad idea because right from the start both sides are committed to their position and will defend it to the end. This chapter talks about a new way of negotiation by negotiation on the merits. This is where you separate the people from the problem and focus on the interests not the positions. Then you invent mutual options for personal gain and insist that the results be based on some standard. The next section I enjoyed talks about separating the people from the problem. When negotiating you must make sure that both sides are involved in the negotiations at every state so they will know what is coming in the deal so the feel like they are making the decision and not being dictated to. When my employees come to me for a problem I have learned to talk it out with them and try to make them see it from my side as well. This has really helped because......

Words: 864 - Pages: 4

Premium Essay

Vote Yes on Measure 'B'

...Vote Yes on Measure B 10/17/2012 Measure B is a law they are trying to pass in LA County. It would mandate that adult film stars have to wear condoms while filming movies. “Given the nature of adult films, viewers will continue to demand, and producers will continue to present, films depicting explicit unprotected sex.” (Pardon, Copyright © 2012 Adnet Media.). The Daily News of Los Angeles has come out on record against Measure B in an editorial, claiming “the proposal is redundant and could harm an important local industry.” (Pardon, Copyright © 2012 Adnet Media.). Although adult film stars must be tested every so often to make sure they are clean from AIDS and other various STD’s what message is it really sending to our children that come across their movies? You make ask why these children are watching these movies, but anybody knows how to work a computer knows how to get past certain restrictions. Once past these restrictions children are allowed access to all of these adult film stars movies. While viewing these movies they see all the unprotected sex going on and think that it is safe for them to do as well. These children don’t know the behind the scenes process that goes on with these film stars. They don’t know that these film stars have to get tested for HIV and other STD’s including syphilis, gonorrhea, or genital warts. Most of these STD’s can be treated with antibiotics, but what if these kids were to catch something that could stay with them...

Words: 566 - Pages: 3

Premium Essay

Hpv: Yes or No?

...requiring that school-girls receive Gardasil. Texas has recently become the first state mandating that all 11 or 12 year old girls attending public schools receive the HPV vaccine. That would mean that they would get it when they were entering the sixth grade. Considering that Texas has one of the highest rates of high school students who have had sex, requiring the HPV vaccine at an early age may be a good thing. According to the CDC 2005 Youth Risk Behavior Survey, fifty-two percent of Texas high school students reported that they have had sex versus a national median of forty-four percent of high school students in the rest of the United States. So what do we do? Do we spare those who may contract it the hospital bills, and their lives? Yes. Some conservatives are against this vaccination and would do anything to see that it is not required, using the flimsy claim that it will promote sexual promiscuity. They claim that if the vaccine is required, young women will base their abstinence choices on the fact that they will be protected from this one STD. It has also been suggested that the state's mandating of an STD-preventing drug would trample parental rights, depending on what the parents taught their children about sex and abstinence. Many parents are planning on refusing the vaccination requirement, stating that there is no need to vaccinate someone against something that can be one hundred percent avoided by abstinence. Kevin Ault, a professor of gynecology and......

Words: 2013 - Pages: 9

Premium Essay

Yes Bankss

...YES BANK: Changing the rules of the game” Table of Contents Not just another “ME TOO” 3 History and evolution of banking reforms 4 “Differentiating” is the name of the game 6 Technology 8 Human Capital ' a strategic asset 8 A Successful Market Entry 10 Outlook 11 Promotion 11 Growth Story 11 EXHIBITS 13 References 18 “One of the strengths and differentiating features of Yes Bank is its knowledge banking approach. Our approach is service oriented; we offer what is missing in the market place. We offer choice and convenience to customers.” - Rana Kapoor, Late founder, Yes Bank (Source: “Wireless Banking getting nod”, www.Intel.com./casestudies/yes_bank.pdf) Not just another “ME TOO” It was December of 2006 when businessworld rated Yes Bank as the third largest bank in a survey that included both public and private sector banks. This was not the only award the bank got. It has received a number of accolades since its inception in 2004. Considering a late entry in a industry where all others have a prominent set up in the market and the skepticism it faced from the experts on the announcement of entering into this overcrowded market. The bank differentiated itself from what they called “knowledge banking approach” which has a huge emphasis on technology and human resource. The knowledge banking concept was the main differentiator and using this approach they were planning to give specialized services......

Words: 427 - Pages: 2

Free Essay

Say Yes!

...SSay YES! SugarDreams Characters: Kwon Yuri Hwang Tiffany Jung Jessica Kim Taeyon SNSD: Seo, Soo, Yoon, Hyo, Sun :) Description What if.. You fell inlove with your LOOOOONG time bestfriend? Even though she already has a lover? Are you brave enough to say it? Or just hide it because of the fear of getting rejected? Chapter 1 TIFFANY's POV   Yuri-ah! Where are you? You're late?   I texted her like a gazillion times but i haven't received a reply.   So I walked through the streets hoping she's any where near. I looked up my watch.   "Oh my gosh! The show's about to start in 10 mins.!"   If i know she's been at the bar again or dating some bad a** girls who only want her just because she's pretty, beautiful and rich. And incredibly hot. She always brags about it. But they don't love Yuri. What's real in her. If only she could see me. Ugh. What am I saying? I'm her friend I shouldn't thnk anything like this.   Someone touched my leg.   "Aaaaaaaah!"   "Hey Fany! What are you doing huh? Over thinking again?"   "Uhm.. No.. Aish.. Where have you been? Where almost late! Everyone's been looking for you. Come on!" "Yeah yeah. Mianhae"   Then she kissed me lightly on my cheek. I think i blushed a bright pink. She always does this to me but why... She suddenly grabbed my hand breaking me away from my thoughts. "Yah! Stop overthinking! Do it again later!" ------------- "Wew! Thank God it's......

Words: 2831 - Pages: 12

Premium Essay

Yes Bank

...any CRM solution,” says Sharma. And from those priorities was born the concept of the Yes Bank Collaborative CRM (YCCRM). But Sharma’s in-house YCCRM wasn’t satisfied with just fulfilling these needs. Sharma felt that customer feedback was vital, and that the bank needed to embrace its customers. “The difference was collaboration. We wanted to make it collaborative by making the customer part of the system. We were keen on empowering the customer to share his ideas and feedback. The system has two logical separation models: a pre-acquisition and a post-acquisition service cycle for customers,” explains Sharma. It took six to eight months to develop and implement the solution in the first branch. The YCCRM banks very heavily on employee collaboration. “Information lying in islands, without being shared across, is of no use at all. Internal collaboration adds a productive edge to the information we capture,” says Sharma. The customer information captured in the YCCRM is mapped to blog-like entries made by employees. These entries include ideas, suggestions, and perceptions of the REAL CIO WORLD | j a n u a r y 1 5 , 2 0 0 9 35 Open to Collaboration 34 j a n u a r y 1 5 , 2 0 0 9 | REAL CIO WORLD IllUStratIo n by an Il t In tough economic times, when money is dear and customers dearer, the lack of a CRM system can play spoil sport. With its expanding business and growing customer base, YES Bank knew it was time to join hands with an in-house collaborative CRM solution......

Words: 2208 - Pages: 9

Free Essay

Yes Men

...Change Proposals.) The Chamber feels that the benefits of this bill are unproven and that the U.S. economy cannot afford the financial effects that this bill, with its regulations, will bring on the American consumer, workers, and businesses. Briefly define the Yes Men, and discuss in what ways, if any, beliefs, attitudes, and values play into or relate to the Yes Men’s formation and tactic. The Yes Men consider themselves to be activist that exposes what they find to be the wrong doings of large companies. The Yes Men are Andy Bichlbaum and Mike Bonanno. They have developed a network of likeminded individuals that attempt to raise awareness about social issues that they consider to be a problem in society. They have impersonated corporate officials to give the media something they consider to be important to write about. They feel that they are helping society with their actions by exposing illegal or irresponsible activity that these large corporations are doing. They consider themselves crime fighters. Do you agree or disagree with the tactics of the Yes Men? What concepts from class and textbook readings thus far, particularly those in Chs. 3 and 4, support your position? While I find the hijinks of the Yes Men wildly entertaining I don’t really believe exposure by deception is necessarily the right way to go about it. Although I may not agree with their tactics they have certainly found a creative way to influence public opinion of the corporations they’ve......

Words: 818 - Pages: 4

Free Essay

Yes or No

...Yes or No Did communism threaten America’s internal security after World War II (WWII)? Some say yes, and some say no. In this article of Taking Sides John Earl Haynes and Harvey Klehr, both history professors, claim that during the “Venona Project” of WWII the code-breakers of the U.S. army revealed a troubling number of U.S. government officials who were passing on secret information on to the Soviet Union and completely spoiled American comforts (Issue Summary). One of the officials that were caught was Harry White. Being one of the most powerful officials in the U.S. Treasury Department, White warned the KGB on how the diplomatic strategy of America could be upset. Another official that was caught was Lauchlin Currie. Currie was President Franklin Roosevelt’s most trusted assistants. He told the KGB about the investigation that the FBI had started on one of the Soviets’ American agents, Gregory Silvermaster. After acquiring this information this made it easy for Silvermaster to get out of dodge of the FBI and continue spying. Also, during the Manhattan Project, Klus Fuchs and Theodore Hall, both physicists, and technician David Greenglass transferred the compound formula for extracting bomb-grade uranium from ordinary uranium, the plans for production facilities, and the engineering principles for the “implosion” technique, which made the use of a plutonium using atomic bomb possible (Haynes, Klehr). Haynes and Klehr stated that, “Americans worried that a communist......

Words: 687 - Pages: 3

Free Essay

Yes Man

...yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man yes man...

Words: 252 - Pages: 2

Free Essay

Vote Yes

...As far as competition to venues, such as the American Airline Arena or Cowboys Stadium, there would be none. At 14,000 seats, the multipurpose arena could not host any NBA or NHL games. So those events would still be held at the stadium where they are currently. The competition between venues simply would not exist. A multipurpose arena in downtown Fort Worth would give residents a fantastic new venue for upcoming events. With rodeos, graduations, concerts, and special events the possibilities are seemingly endless. With this new arena there will come a very beneficial increase in tourism. This increase in tourism will be the boost the city needs to help revitalize downtown and turn it into a great tourist attraction for everyone. Voting yes on the proposition is what the city of Fort Worth needs. References Gozalova, M., Shchikanov, A., Vernigor, A., & Bagdasarian, V. (2014). Sports tourism. Polish Journal of Sport and Tourism, 21(2), 92-96. doi:http://dx.doi.org/10.2478/pjst-2014-0009 Taylor, L. (1999). New studies look at tourism in fort worth. Dallas Business Journal, 23(7), 8. Retrieved from http://search.proquest.com/docview/228423623?accountid=458...

Words: 895 - Pages: 4

Premium Essay

Getting to Yes

...Getting to Yes With no doubt, Getting to Yes by Roger Fisher and William Ury, could be considered one of the most influential and valuable classic books to have on your shelf. Its importance to the negotiation theory and practice is appreciated by millions of people who, by reading and analyzing this book, hope to become more efficient negotiators. I considered myself to be a part of the group that wants to, as William Ury said, take the walk from “no” to “yes”. In the proceeding paragraphs I will present my analysis of Getting to Yes and how I absorbed the essential ideas and skills used for effective negotiation. Early in the book, the readers are introduced to some concepts and mistakes that are commonly practiced by inexperienced and ineffective negotiators. These poor negotiators promote positional bargaining. The main idea that can be extracted is that we should strongly avoid bargaining over a position, whether it is over family, contracts or even peace treaties amongst nations. Positional bargaining is directly correlated to the fact that negotiations fail, because negotiators assume either too hard or too soft positions. The authors in this book explain to us that a good agreement is a wise agreement, one that is efficient, one that improves the relationship between the negotiators, ultimately producing a win-win agreement. A negotiator must take a position that is neither hard nor soft; but instead, should take an alternative approach. This is the type of......

Words: 1375 - Pages: 6

Premium Essay

State Bank and Yes Bank

...Handholding 24 x 7 x 365 helpline. * Customized reports at periodic intervals. YES BANK: YES BANK, India’s fourth largest private sector Bank. YES BANK has a widespread branch network of over 572 branches across 375 cities, with 1170+ ATMs and 2 National Operating Centers in Mumbai and Gurgaon. YES BANK has recently announced the Q3FY15 Financial Results. Net Profit grew by 30.0% y-o-y to Rs 540.3 Cr in Q3FY15, Net Interest Income up 36.6% to Rs 909.0 Cr, Non Interest Income of Rs 536.8 Cr, Net Interest Margin expanded to 3.2%, Advances up 32.4% to Rs 66,606.9 Cr and Deposits up 21.0% to Rs 82,370.0 Cr as of Dec 31, 2014.  Products of Yes bank are Corporate and Institutional Banking, Financial Markets, Investment Banking, Corporate finance, Retail Banking, Business and Transaction Banking, and Wealth Management, NRI Banking,SME.  Every division at YES BANK extensively uses IT to deliver superior products and services to its customers. Innovations like MONEY MONITOR, Mobile payments, Two-factor authentication, Mobile Banking, RFID in branches, one-view of customer relationship, and highly advanced speech enabled IVR; enable the products and sales teams to offer superior customer offerings.  YES BANK has entered into strategic partnerships with some of the best known IT majors globally to develop innovative system features in order to improve process efficiencies and create sector-specific banking solutions.  YES BANK entered into a strategic partnership with Cordys,......

Words: 705 - Pages: 3

Free Essay

Say Yes

...’’Say Yes’’ by Thomas Wolff The short story “Say Yes’’ by Thomas Wolff is a story there show us how people’s opinions can come between relationship and put some discussions in progress. The main themes in the text are differences but also love. The story is open, so the reader has a lot to think about, after reading it. the story is told from the husband’s point of view, which means that it’s told in 3rd person. It is also told in chronologically order, which means that the story was told in how the things originally happened We are introduced to a couple, a man and a woman, there are arguing while washing the dishes. In the dialog, we can see how the husband trying to be the best husband he can be. For example, the wife’s friend tells her: ‘’A few months earlier he overheard a friend of his wife’s congratulate her on having such a considerate husband, and he thought, I try’’ It’s showing how the husband is trying to be good, by washing the dishes with her every day. This could mean that he actually cares about the way his wife is seeing him. He wants to be good and mostly of all a good husband. We can see that, in his comment where he says “I try’’. That means he’s trying to be a good husband to his wife He cares a lot about her, but in the other way he is pushing her to her limits. We can see that in the dialog; ‘’Sometimes his wife got this look where she pinched her brows together and bit her lower lip and stared down at something. When he saw her like......

Words: 664 - Pages: 3

Free Essay

Yes Yes to Yes

...long time.” Renee forced a polite smile. “I'm sure it won't be long for you.” Mrs. Rivas was the manipulator in the ward; everyone knew that her attempts were merely gestures, but the aides wearily paid attention to her lest she succeed accidentally. “Ha. They wish I'd leave. You know what kind of liability they face if you die while you're on status?” “Yes, I know.” “That's all they're worried about, you can tell. Always their liability-” Renee tuned out and returned her attention to the window, watching a contrail extrude itself across the sky. “Mrs. Norwood?” a nurse called. “Your husband's here.” Renee gave Mrs. Rivas another polite smile and left. 1b Carl signed his name yet another time, and finally the nurses took away the forms for processing. He remembered when he had brought Renee in to be admitted, and thought of all the stock questions at the first interview. He had answered them all stoically. “Yes, she's a professor of mathematics. You can find her in Who's Who.” “No, I'm in biology.” And: “I had left behind a box of slides that I needed.” “No, she couldn't have known.” And, just as expected: “Yes, I have. It was about twenty years ago, when I was a grad student.” “No, I tried jumping.” “No, Renee and I didn't know each other then.” And on and on. Now they were convinced that he was competent and supportive, and were ready to release Renee into an outpatient treatment program. Looking back, Carl was surprised in an abstracted way. Except......

Words: 5735 - Pages: 23

Premium Essay

Yes on 19

...AFRO. “Impact of Marijuana Legalization on Drug Trade.” AFRO. N.p., 23 Oct. 2010. Web. 3 Nov. 2010. Bonn-Miller, Marcel O., and Michael J. Zvolensky. “An Evaluation of the Nature of Marijuana Use and Its Motives among Young Adult Active Users.” American Journal on Addictions 18.5 (2009): 409-416. EBSCO Host. Web. 3 Nov. 2010. “Control & Tax Cannabis.” Yes on Prop 19. S.K. Seymour LLC, n.d. Web. 3 Nov. 2010. International Center for Alcohol Policies. http://www.icap.org. N.p., n.d. Web. 3 Nov. 2010. Katel, Peter. “Legalizing Marijuana.” CQ Researcher Online. N.p., 21 July 2010. Web. 3 Nov. 2010. McGrew, Jane Lang. “History of Alcohol Prohibition.” Schaffer Library of Drug Policy. N.p., n.d. Web. 3 Nov. 2010. “An Information Partner to Parents.” The Partnership at Drugfree.org. 4. http://www.drugfree.org. Partnership for a Drug Free America, n.d. Web. 3 Nov. 2010. Register, Charles A., and Clifford F. Thies. “Decriminalization of marijuana and the demand for alcohol, marijuana and cocaine.” Social Science Journal 30.4 (1993): 385 30.4 (1993): n. pag. EBSCO Host. Web. 3 Nov. 2010. Saunders, Debra J. “End Prohibition - yes on Proposition 19.” EBSCO Host. N.p., 19 Sept. 2010. Web. 3 Nov. 2010....

Words: 1629 - Pages: 7