Why Does Cloudy Germany Have More Solar Water Heaters and Solar

question 55

Multiple Choice

Why does cloudy Germany have more solar water heaters and solar cell panels than sunny France and Spain?

• A) Germany won a contest between the three countries to see who could install the most.
• B) German citizens voted for it.
• C) Germany artificially increased the cost of fossil fuels
• D) Germany passed a law requiring the use of solar power.
• E) Germany made the public aware of the benefits of these technologies through education.

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Definitions:

Goodwill

An intangible asset representing the excess value paid over the net fair value of identifiable assets and liabilities during an acquisition.

Parent-Company Extension Method

An accounting technique used to consolidate the financial statements of a parent company and its subsidiaries, where the entire business is treated as an extension of the parent company.

Goodwill

A non-physical asset that is created when one company is bought by another for an amount exceeding the fair market value of the acquired company's net identifiable assets.

Non-Controlling Interest

The portion of equity ownership in a subsidiary not attributed to the parent company, often reflected in the consolidated financial statements.