Answer:
Company A and B
Impairment of Goodwill = $700,000
Explanation:
Goodwill on acquisition in 2015 = $750,000
Fair value of Company B in 2019 = $5,200,000
Book value of Company B in Company A = $5,800,000
Assessed fair value of Company B = $5,100,000
Goodwill impairment = $5,100,000 - $5,800,000 = $700,000
Company A's Goodwill impairment arises when the carrying amount of Goodwill in Company A exceeds the fair value of Company B. It is important to check for impairment of goodwill annually. The purpose of assessing goodwill for impairment is to ensure that the carrying amount of goodwill does not exceed the fair value.
Janis owns and operates a store in a country experiencing a high rate of inflation. In order to prevent the value of money in her cash register from falling too quickly, Janis sends an employee to the bank four times per day to make deposits in a interest-bearing account that protects the store's revenues from the effects of inflation.(a) This is an example of the:i. menu costsii. unit of account costsiii. shoe leather costs of inflation.(b) Explain briefly the nature of the costs imposed.
Answer:
shoe leather costs
Explanation:
The shoe-leather cost is the cost that deals in time and effort which people spent against the inflation effect i.e reduction in inflation like less cash held so that it would make extra trips to the bank
Also if the inflation of the economy rises so the consumer spending would be less as it directly affects the purchasing power of the customer
So the time and cost effort spent is known as shoe leather cost
Seneca owns an interior painting service. Seneca promises Fran, a homeowner, that Seneca will paint the outside of Fran’s house. Seneca knows that all of the painter-employees are busy for the next two months and really does not intend to paint Fran’s house. In this case, Seneca’s tortious behavior is known as:
Answer:
Promissory fraud.
Explanation:
In this scenario, Seneca owns an interior painting service. Seneca promises Fran, a homeowner, that Seneca will paint the outside of Fran’s house. Seneca knows that all of the painter-employees are busy for the next two months and really does not intend to paint Fran’s house. In this case, Seneca’s tortious behavior is known as promissory fraud.
Promissory fraud can be defined as a promise made by an individual or business entity (promisor), when in actual fact they have absolutely no intention to perform the actions or fulfil the promise when it was made the other party.
Hence, Seneca exhibited a promissory fraud because he is aware that all of the painter-employees are busy for the next two months and really does not intend to paint Fran’s house.
Rocky Mountain Tire Center sells 20,000 go-cart tires per year. The ordering cost for each order is $40, and the holding cost is 20% of the purchase price of the tires per year. The purchase price is $20 per tire if fewer than 500 tires are ordered, $18 per tire if 500 or more—but fewer than 1,000—tires are ordered, and $17 per tire if 1,000 or more tires are ordered. a) How many tires should Rocky Mountain order each time it places an order? b) What is the total cost of this policy?
Answer:
a) How many tires should Rocky Mountain order each time it places an order?
667 tiresb) What is the total cost of this policy?
total costs (including merchandise purchased) = $362,400total costs (not including merchandise purchased) = $2,400Explanation:
we must find the EOQ for the three possible prices:
when price per tire is $17:
EOQ = √(2SD) / H
S = cost per order = $40
D = annual demand = 20,000
H = 20% x $17 = $3.40
EOQ = √[(2 x $40 x 20,000) / $3.40] = 685.99 = 686 tires
when price per tire is $18:
EOQ = √(2SD) / H
S = cost per order = $40
D = annual demand = 20,000
H = 20% x $18 = $3.60
EOQ = √[(2 x $40 x 20,000) / $3.60] = 666.67 = 667 tires
when price per tire is $20:
EOQ = √(2SD) / H
S = cost per order = $40
D = annual demand = 20,000
H = 20% x $20 = $4
EOQ = √[(2 x $40 x 20,000) / $4] = 632.46 = 632 tires
since all options are over 500 units but lower than 1,000, we must take the option where each tire costs $18
total cost:
20,000 x $18 = $360,000
(20,000 / 667) x $40 = $1,199.40
holding costs = average inventory = 667 / 2 = 333.5 x $3.60 = $1,200.60
total costs (including merchandise purchased) = $362,400
Preferred stock is like a bond in that it Multiple choice question. legally obligates the issue to pay the holder or face bankruptcy. typically has a maturity date 30 years or less. has a finite series of fixed payments. typically does not confer voting rights to its holder.
Answer:
typically does not confer voting rights to its holder.
Explanation:
A preferred stock is a class of stock in which holders are paid dividends before common shareholders are paid dividends
In event of liquidation, preferred stockholders are paid before common shareholders
preferred stockholders are usually paid fixed dividends
preferred stockholders do not have voting rights in a company
There are three key reasons for putting the customer into customer solutions in selling: (1) considerable time and effort is necessary to fully understand a specific customer's requirements; (2) effective customer solutions are based on relationships among sellers and buyers; and (3)
Answer:
Consultative selling is central to providing novel solutions for customers, thereby creating value for them
Explanation:
The customer is not actually buying product in most cases, he is actually buying solution of its problems which means that
Analyzing customer's requirements is to make sales because if we don't know what actually the customer is demanding then we can't satisfy our customer. Effective customer relationship play vital role in making sales.Consultative selling helps in meeting the requirement of the customer, building customer loyalty by recommending them best option. This helps in generating value for both customers and suppliers.Suppose that Australia imposes a tariff on imported beef. If the increase in producer surplus is $100 million, the increase in tariff revenue is $200 million, and the reduction in consumer surplus is $500 million, the deadweight loss of the tariff is $300 million.a) trueb) false
Answer: False
Explanation:
A tariff is a tax that is imposed by the government of a particular country in order to curtail the number of imported goods brought into the country.
Based on the above scenario, the reduction in consumer surplus is not $500 million but rather $600 million which is the addition of $100 million, $200 million and $300 million.
Therefore the question is false.
what kind of harm can be done if a manager uses social network analysis to uncover the invisible structure in their organization sparknotes
Answer:
he poses a threat from competitors and or government to the company
Explanation:
By such actions. the manager will have exposed information that easily could be read on Sparknotes by an emerging or already existing competitor.
For example, information pertaining to top management remuneration or decision structure may be one such invisible organizational structure. Such information can reveal the weaknesses of the organization
As a human resource manager, Janese commits 5% of the annual budget toward instituting new programs that reward employees for effectively handling diversity. Janese is playing the role of a(n)
Answer:
Entrepreneur
Explanation:
An entrepreneur can be defined as an individual that sets up a business and takes financial risk, with the aim to make profit.
It can also be simply defined as an individual that sets up and takes financial decisions for a business with the aim of making profit.
In the question above, Janese is making financial decisions for every employee and as such can be called an entrepreneur.
Cheers.
Ratio analysis:___________.
a) Includes estimating the net present value of the investment opportunity.
b) Is generally adequate to fully assess an investment’s expected return.
c) Requires cash flow estimates for the investment’s entire expected holding period.
d) Serves as an initial evaluation of the adequacy of an investment’s expected cash flows.
Answer:
D. Serves as an initial evaluation of the adequacy of an investment's expected cash flows.
Explanation:
Ratio analysis serves as an initial evaluation of the adequacy of an investment's expected cash flows.
Ratio analysis can be defined as the analysis of different pieces of financial information in the financial statements of a business.
Ratio analysis is used to get insight about the financial wellbeing of a business. It is used by analysts to determine various aspects of a business, such as its profitability, liquidity, and solvency.
Which of the following statements is correct regarding the capitalization rate used for interest capitalization? Question 24 options: If the average accumulated expenditures are less than the specific borrowing amount, use the interest rate associated with the specific borrowing for the entire average accumulated expenditures If there are no specific borrowings, use the interest rate on the largest debt outstanding If the average accumulated expenditures are less than the specific borrowing amount, use the weighted-average interest rate for all other debt for the entire average accumulated expenditures If there are no specific borrowings, do not capitalize interest
Answer:
Correct Answer:
1. If the average accumulated expenditures are less than the specific borrowing amount, use the interest rate associated with the specific borrowing for the entire average accumulated expenditures
Explanation:
This Option is the correct statement regarding to capitalization rate for interest capitalization.
Olin, a professional artist and art teacher, convinces Plato, who has no artistic ability, that he has considerable talent and induces him to pay Olin $10,000 for art lessons. When Plato realizes the truth, he files a suit against Olin. Plato is most likely to recover on the basis of
Answer:
Fraud
Explanation:
Fraud can be defined as a criminal deception or deceit that is aimed at resulting in financial gain.
From the above question, Olin defrauded Plato of $10,000 despite knowing that Plato had no talent. This is fraudulent and as such can help Plato's case against olin.
Cheers.
Melissa works as a computer data-entry operator at VeraSign. Melissa informs VeraSign that she suffers from carpal tunnel syndrome, causing pain in her wrists rendering her unable to use a keyboard. Melissa requests as an accommodation that VeraSign hire a data-entry employee to enter the information on her behalf. VeraSign refuses to do so. VeraSign has
Answer: not violated the American with Disabilities Act(ADA) because the requested accommodation will have undue hardship on employer
Explanation:
From the question, we are informed that Melissa works as a computer data-entry operator at VeraSign and that Melissa informs VeraSign that she suffers from carpal tunnel syndrome, causing pain in her wrists rendering her unable to use a keyboard.
We are further told that Melissa requests as an accommodation that VeraSign hire a data-entry employee to enter the information on her behalf and that VeraSign refuses to do so.
It should be noted that VeraSign not violated the American with Disabilities Act due to the fact that the requested accommodation will have an undue hardship on VeraSign.
Suppose the market for a good is composed of 1,000 identical consumers. The market's demand curve is given by QM = 150,000 – 25P. What is the equation for an individual consumer's demand curve?
Answer:
Q = 150 - 0.025.
Explanation:
Given that
Number of identical consumers = 1,000
Market demand curve is given by
QM = 150,000 - 25P
Based on the above information.
The equation for an individual demand curve is shown below:
As we know that the market demand is the total of an individual demand. So, the 1,000 identical demand function would be there and also we have to divide the market demand curve by $1,000 to find out the individual demand curve
So,
Q = 150 - 0.025 as (150,000 – 25P) ÷ 1000
Q = 150 - 0.025.
Grace found herself in a breach of contract situation where the other party met some of the terms but not others. Grace thought it would cost a lot of time and money to sue, so she decided to accept the work that had been done and call it good. This is an example of ______.
Answer: accepting partial performance
Explanation:
From the question, we are informed that Grace found herself in a breach of contract situation where the other party met some of the terms but not others and she thought it would cost a lot of time and money to sue, so she decided to accept the work that had been done and call it good.
The above scenario is an example of accepting partial performance. This is a partial performance because there's a breach of contract as not all the terms that were involved are met.
Roberto is considering attending a concert. He estimates the ticket price will be $94, and the cost of driving to the concert and parking will total an additional $21. In order to attend the concert, Roberto will have to take time off from his part-time job. He estimates that he will lose 4 hours at work, at a wage of $12.72 per hour.What is Roberto's opportunity cost of attending the concert
Answer:
$166.08
Explanation: Take $94, add $21, giving you $115, then take $12.77 ( his hourly rate at work ) and if he loses 4 hours of work, take 4 multiply it by $12.77, which gives you $51.08, then add that to $115, which equals $166.08.
Stabilisation is an important factor of
Answer:
to prerequisite of economic growth...........
if my answer helps you than mark me as brainliest
Name the one sport in which neither the spectators nor the participants know the score or
the leader until the contest ends.
Answer:
Boxing
Explanation:
What are the typical fees banks charge?
In an inert organizational culture, poor working relationships frequently develop between the organization and its employees. the organization tries to avoid layoffs. the organization emphasizes long-term employment. employees regularly receive rewards for their performance. values and norms help the organization build momentum.
Answer:
The correct answer is: the organization emphasizes long-term employment.
Explanation:
An inert organizational culture is one that does not seek to adapt to new work processes and trends whose objective is to innovate and facilitate work and processes.
They are usually organizations whose culture is focused on more inflexible and rigid internal policies, whose focus is on the establishment of processes and does not focus on the relationships and integration of workers.
This type of organization focuses on long-term employment, which can culminate in the lack of innovation in personnel, ideas, processes and the improvement of total quality.
In an inert organizational culture, poor working relationships frequently develop between the organization and its employees the organization emphasizes long-term employment. Thus, option B is correct.
An organizational culture that is inert does not attempt to change in response to emerging trends and work processes with the aim of innovating and streamlining work and procedures.
They are often businesses whose internal rules are more strict and inflexible, whose emphasis is on establishing procedures rather than on fostering connections and worker integration.
Long-term employment is the main focus of this kind of organization, which can lead to a lack of innovation in staff, concepts, procedures, and overall quality.
Learn more about the inert organization here:
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Explain the importance of international employment
Answer:
having international workers allow organisation to be connected two other country markets as well.they get to know the best places to get resources and how to approach different countries through being thought business norms and culture by international employees.
Answer:
Employment created through the investment of a country or the partnership of countries is known as international employment. International employment are important to provide employment opportunities to people , help in bringing the investment of foreign capital , increase the pace of economic activities , provide environment to operate with foreign people's knowledge , skill and technology , create variation in material production etc.
A business decides to produce less of an item. Which of the following occurs?
The business is attempting to indirectly influence supply.
The business is directly influencing demand.
The business is attempting to indirectly influence demand.
The business is directly influencing supply.
Answer:
c
Explanation:
On January 15, 2021, Bella Vista Company enters into a contract to build custom equipment for ABC Carpet Company. The contract specifies a delivery date of March 1. The equipment was delivered on March 31. The contract requires full payment of $75,000 30 days after delivery. The revenue for this contract should be recorded on
Answer:
31 March 2021
Explanation:
The contract should be recorded on 31 March 2021 because according to the US Generally Accepted Accounting Principles, revenue should be recognize in the book only when service has been rendered to the customer, the selling price of product is fixed and confirmation of service arrangement and amount to be collected.
With regards to the above scenario, since the equipment was not delivered until 31 March, then 31 of March will be recognized.
A Registered Investment Adviser plans on offering options strategies as part of his services. For this added investment strategy, he will charge .6% of assets monthly. This information is added to the RIA's disclosure statement and the RIA tells all of his clients of the fees orally in seminars. Each of his clients signs an agreement regarding the options strategies and fees. Which statement is TRUE
Answer:
Option A will be the correct answer.
Explanation:
In the above question, Options are not given. Please find the attachment of the complete question.
RIA has become an individual or an organization that offers investment advice to high-net-worth investors as well as operates financial investments. This RIA rendered complete transparency, both oral and written form, to his shareholders, because of options techniques to be implemented and the fees associated. This would be the smartest method to do something about it.Some other options are also not tied to the condition in question. Thus option A should be the perfect approach.
Why feasibility analysis is important before starting a new business venture?state the role feasibility analysis with in entrepreneurial success.
What can hope do to change the numbers 2, 3, 5 and 6 to lowercase letters?
Answer: D
Explanation:
Use the Mutlilevel List Icon
An individual who has completed college has been working for 9 years and is now 30 years old. He is thinking about returning to school in a few years to complete his masters degree and wants to set up a 529 Plan with himself as the beneficiary. Can he do this? A. No, because the donor and the beneficiary must be different persons in a 529 Plan B. No, because 529 Plans cannot be opened after age 30 C. No, because 529 Plans must have an independent trustee D. Yes
Answer:
D Yes
Explanation:
An uncommon aspect of 529 Plans is that both donor and receiver can be the same person. There is no age restriction on who may be the beneficiaries of the account. This person may themselves open a 529 plan and be both the donor and the beneficiary.
Therefore from the above explanation the correct answer is D
Clay buys an MP3 player for $200 and a pair of stereo speakers for $600 from a Discount City store, and downloads $300 worth of digital music from E-Music. To be enforceable, the contract that must be in writing is the purchase of
Answer:
the pair of stereo speakers
Explanation:
UCC rules and the Statute of Frauds state that any contract for the sale or lease of goods that are worth more than $500 should be in writing. The pair of speakers are worth $600, since they are worth more than $500, then any sales contract must be in writing.
You have been assigned to research behaviors related to various reactions to different types of media. The one firm directive you have been given is that you must observe the subjects in their natural settings. Which of the following is TRUE about the research you will be conducting?a. It must not include either qualitative or quantitative methods. b. It must include quantitative methods. c. It must include both qualitative and quantitative methods. d. It must include qualitative methods.
Answer:
c. It must include both qualitative and quantitative methods.
Explanation:
For the research of behaviors related to various reactions to different types of media, I will consider both qualitative and quantitative methods.
Qualitative and quantitative methods together provide more comprehensive results of the research. Qualitative methods give the quality of the media type and quantitative methods will give quantitative data such as how many people are using the particular media type and for how much time.
Hence, the correct answer is " c. It must include both qualitative and quantitative methods."
Havermill Co. establishes a $380 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated receipts on that date represent $86 for Office Supplies, $163 for merchandise inventory, and $35 for miscellaneous expenses. The fund has a balance of $96. On October 1, the accountant determines that the fund should be increased by $76. The journal entry to record the reimbursement of the fund on September 30 includes a:
Answer:
Explanation:
Petty cash system is a form of policy that a company uses to administer cash for various miscellaneous needs , with the balance set at a fixed amount and reimbursed when exhausted and on monthly basis
Petty cash fund limit = 380
Petty cash balance as at September = 96
Petty cash reimbursement for the month = (opening balance - closing balance)
380 -96 = 284
The journal entry to record reimbursement as at September 30 =
Debit petty cash -284
Credit cash - 284.
Kindly note that the change in the petty cash balance policy occurred on October 1 after September 31 .
A manger is described by subordinates as someone who inspires hard work by treating people kindly and giving employees individual attention and praise. What type of power is being used by the manager? Coercive Expert Referent Legitimate
Answer:
Referent
Explanation:
The referent power refers to the power in which the employees capacity, capability, skills and knowledge, hard work being liked by the other employees. Ths could be gained from the leadership skills and personality
So according to the given question since the manager described by subordinates through inspiring hard work by giving them attention and praise
This represents the referent power