The amount of goodwill impairment loss Alliant should recognize is $29 million.
What is impairment loss?It is a sudden loss in value. It can be result from the unexpected sources like a market crash or natural disaster. Depreciation is an expected loss in market value due to normal wear and tear. For example, a car naturally depreciates once it's driven off the lot.
Now, let's try to answer the question.
As per IFRS, An impairment loss is the amount by which the carrying amount of an asset or a cash-generating unit exceeds its recoverable amount.
The recoverable amount of an asset or a cash-generating unit is the higher of its fair value less costs of disposal and its value in use.
Value in use is the present value of the future cash flows expected to be derived from an asset or cash-generating unit.
Carrying Amount of goodwill = $290million - $228million = $62 million
Recoverable amount = higher of its fair value & its value in use(future cash flows expected)
fair value of goodwill = $256 million - $228million = $28 million
value in use for goodwill = $261 million - $228million = $33 million.
Higher of the both = $33 million.
So impairment Loss = Carrying Amount of goodwill - Recoverable amount
= $62 million - $33 million.
= $29 million.
Learn more about impairment loss https://brainly.com/question/14802420
#SPJ4
Do you think every place of our country is accessible to all kind of information obtaining sources why give reasons
Freedom of information is freedom of a person or people to publish and consume information.
What is meant by Freedom of Information ?
The right of a citizen to access information that the government holds is referred to as information freedom. This freedom is recognized as a constitutional right in several nations.
The Freedom of Material Act in the United States permits the revelation of official records and previously undisclosed information that is under the authority of the American government. The Electronic Freedom of Information Act, which mandates that certain types of government records be made electronically accessible to the public, was added to this law in 1996 as an amendment. This is intended to increase access to public information.
To learn more about Freedom of Information checkout the link below :
https://brainly.com/question/510696
#SPJ1
marks consulting purchased equipment costing $45,000 on january 1, year 1. the equipment is estimated to have a salvage value of $5,000 and an estimated useful life of 8 years. straight-line depreciation is used. if the equipment is sold on january 1, year 5 for $22,500, the journal entry to record the sale will include a:
Debit to accumulated depreciation for $22,500.
As for the information provided,
Depreciation under straight line method for each year = ($45,000 - $5,000)/8 = $5,000 for each year.
Depreciation for 4 years = $5,000 * 4 = $20,000
Depreciation in 5th year for 6 months = $5,000/2 = $2,500
Total depreciation till 1 July Year 5 = $20,000 + $2,500 = $22,500
Carrying value of equipment in books as on date of sale = $45,000 - $22,500 = $22,500
Sale price = $20,000
Profit or loss on sale of equipment = $20,000 - $22,500 = - $2,500
So therefore, there is loss of $2,500
Thus, option c and option d are invalid.
Further cash received on sale is debited and not credited thus, option a is also invalid.
As the total accumulated depreciation = $22,500
The correct entry will include debit to accumulated depreciation of $22,500.
Thus, option b is correct.
To learn more about debit visit:
https://brainly.com/question/12269231
#SPJ4
sam has no job but keeps applying to get a job with a business that is unionized. he is qualified and he finds the pay attractive, but the firm is not hiring. sam is
Sam continues to apply for jobs at unionized companies despite the fact that he is unemployed.
Define unemployment?Majority of economists focus on three types of unemployment: cyclical, frictional, and structural.
Structural unemployment refers to long-term adjustments in the labor force and economic structure over time. Skill shortages in workers and technological progress that displaces jobs can both contribute to structural unemployment. Occurs when a worker's skills do not match the job vacancy. One driver of structural unemployment is technology.
Frictional unemployment is a temporary condition that is common during the job search. In fact, frictional unemployment benefits the economy by allowing workers to move to more productive positions.
One of the different types of unemployment is seasonal unemployment. Seasonal fluctuations in demand for products and services lead to seasonal unemployment.
To know more about unemployment visit:
https://brainly.com/question/12914377
#SPJ4
kai decides to keep his price the same and add color, increasing variable costs by $0.40 per issue. what is the percent increase in unit volume (copies per issue) required to maintain $500 profits and cover the increased fixed and variable costs?
This is based on the notion that the total amount that each sales quantity contributes to a company's profits is known as the contribution margin.
How is contribution margin and break even point calculated?The first part of the question is missing, so I looked it up:Kai charges college students $2.05 for each issue of his tiny magazine that is packed with famous rumors. The sole set expense is $431 per issue for renting the printing press for a single day. Each issue has a variable cost of $1.19 per copy.The contribution margin and break even point were as follows :contribution margin = $2.05 - $1.19 = $0.86
break even point in units = $431 / $0.86 = 501.16 ≈ 502 units
break even point in $ = 502 x $2.05 = $1,029.10
Kai has to sell 1,083 copies in order to make $500 in profits ($931 / $0.86 = 1,082.56 1,083).After color is added:contribution margin = $2.05 - $1.19 = $0.46
break even point in units = $431 / $0.46 = 936.96 ≈ 937 units
break even point in $ = 937 x $2.05 = $1,920.85
Kai needs to sell 2,024 copies in order to make $500 in profits ($931 / $0.46 = 2,023.91 = 2,024).To Learn more contribution margin refer to :
https://brainly.com/question/24881206
#SPJ4
all of the following are factors used in determining depreciation expense with the straight-line method except a.the asset's estimated residual value. b.the asset's initial cost. c.the asset's expected useful life. d.the asset's net book value.
The asset's expected useful life expense with the straight-line method except. A method of computing depreciation and amortization, or the process of expensing an asset over a longer period of time than when it was purchased, is known as straight line basis.
It is computed by dividing the discrepancy between the cost of an item and its anticipated salvage value by the anticipated lifespan of the asset. The depreciation approach known as the expense straight line assumes a constant rate of wear and tear. A given asset's annual depreciation is calculated, and the asset is then depreciated by that figure each subsequent year. The straight-line technique incurs a fixed annual expense.
To learn more about asset, click here.
https://brainly.com/question/13848560
#SPJ4
valuing preferred stock fegley , inc., has an issue of preferred stock outstanding that pays a $3.80 dividend every year in perpetu this issue currently sells for $93 per share, what is the required return ?
A company pays the dividend to eligible common stockholders out of the profit it makes from regular business operations. A company can also distribute additional dividends on common stock.
What Is a Profit?
The distribution of a company's earnings to shareholders is known as a dividend and is decided by the board of directors. The distribution of dividends, which can take the form of cash or reinvestment in additional stock, typically occurs quarterly.
What is an example of a dividend?
A dividend is money distributed to shareholders from profits. Typically, they are paid quarterly. For instance, AT&T has been making such distributions for a number of years, with its $2.08 per share offering for the third quarter of 2021.
Learn more about dividends here:
https://brainly.com/question/25845157
#SPJ4
regarding perfect competition, what does it mean when the goods sold by the firms in a market are homogeneous?
When two homogenous products are ideal equivalents for one another and consumers are unable to distinguish between the goods sold by various businesses, the products are said to be homogenous. The most crucial differentiator in the perfect competition between businesses making similar items is price.
What do you mean by a homogeneous product in perfect competition?When a product is homogeneous, it means that its quality, form, size, and color are all the same. Therefore, no manufacturer can set a different price for the goods it produces. The market is characterized by homogeneous pricing.
A market with perfect competition has homogeneous goods (identical). Each vendor (or business) delivers a homogenous product in a market with perfect competition, meaning that each unit of the product has the same size, form, and other characteristics.
To learn more about homogeneous products, visit:
https://brainly.com/question/14367760
#SPJ4
Having a single intermediary, a retailer, in the marketing channel is most common when?.
Having a single intermediary, a retailer, in the marketing channel is most common when the manufacturer is selling low-cost, low-unit value items. Thus the correct option is A.
What is a Retailer?A retailer is referred to as a channel of distributors who sells the product in small quantities just the opposite of a Wholesaler. This Retailer is in direct contact with customers so they receive direct feedback about the product.
When the producer is selling low-priced, low-unit-value goods, having just one intermediary—a retailer—in the marketing channel is most common. All layers of intermediaries are crucial because they greatly increase their users' access to the goods and services that are available.
Therefore, option A is appropriate.
Learn more about the Retailer, here:
https://brainly.com/question/29307454
#SPJ1
the original plan by the management of espn to broadcast local sports events in connecticut is an example of
Goodwill, brand recognition, copyrights, patents, trademarks, trade names, and customer lists are all examples of intangible assets.
Which kind of business typically has no or few levels of middle management between the top executives and those who report to them?A flat organizational structure has few management levels. As a result, employees will have direct access to upper-level managers. This indicates that workers and higher-level managers share the responsibility for middle managers. It usually means that the worker has more power and autonomy.
What results does the horizontal organizational design produce?Companies can typically focus on their employees and give team members more control under horizontal organizational structures. Because there isn't much of a hierarchical reporting structure, it can also make it easier for managers and employees to communicate with one another more directly.
Learn more about management levels here:
https://brainly.com/question/14749711
#SPJ4
ben is asked to rate the utility he would get from reading different types of publications for the next hour. if he read a graphic novel he would get utility of 5. if he read a biography, he would get utility of 4, and if he read his economics textbook, he would get utility of 9. an economist would predict that ben will spend his next hour reading:
Ben will likely spend the next hour reading his economics textbook, an economist would predict.
Microeconomics uses the term "utility" to refer to the additional satisfaction that comes from consuming a good or service. While ordinal utility only offers a rank ordering, cardinal utility tries to quantify the economic act's utility.
The concept of utility is important in economics because it clarifies a variety of supply, demand, and pricing issues. Products that offer greater value typically have a larger market because they give consumers greater satisfaction. Price increases are often a result of increased demand.
The ability of a commodity to meet needs is known as utility. It is the fulfillment—actual or anticipated—that results from the consumption of a good or service. Utility's psychological nature means that it is influenced by the consumer's likes and dislikes as well as his mental attitude and evaluation of the product.
Learn more about utility here:
https://brainly.com/question/29034022
#SPJ4
the expected trend value of september sales for a firm is $900. assuming a september seasonal index of .91, what would be the seasonally adjusted forecast for september? multiple choice none of the options are correct. $819 $900 $950 $989
Option a. $819 is the correct answer. The seasonally adjusted forecast for September is $819
A statistical approach known as a seasonal adjustment is used to balance out cyclical fluctuations in statistics or shifts in supply and demand that are due to changing seasons. Therefore, it can get rid of economic time series' misleading seasonal components. A data-smoothing technique called seasonal adjustment is used to forecast a given period's economic performance or business sales.
Nonseasonal trends and cyclical data that would otherwise be obscured by seasonal differences can be seen more clearly thanks to seasonal adjustments.
Sales of the firm = $900
Seasonal index = 0.91
Seasonally adjusted forecast for September = Sales of the firm*Seasonal index
= 900*0.91
= $819
Learn more about forecast:
https://brainly.com/question/28839529
#SPJ4
when fixed costs remain the same and a product line is discontinued what is the effect on operating income?
When fixed costs remain the same and a product line is discontinued , there will be a decrease in total operating income.
What do you mean by total operating income?
Operating income is an accounting figure that measures the amount of profit realized from a business's operations after deducting operating expenses such as wages, depreciation, and cost of goods sold (COGS).
Operating income—also called income from operations—takes a company's gross income, which is equivalent to total revenue minus COGS, and subtracts all operating expenses. A business's operating expenses are costs incurred from normal operating activities and include items such as office supplies and utilities.
Let contribution margin be x
and, fixed cost is avoidable
then, there will be a decrease in total operating income.
To know more total operating income from the given link:
https://brainly.com/question/24165947
#SPJ4
tobias is a 50% partner in solomon llc, which does not invest in real estate. on january 1, 2022, tobias's adjusted basis for his llc interest is $130,000, and his at-risk amount is $105,000. his share of losses from solomon for 2022 is $150,000, all of which is passive. he has another investment that produced $90,000 of passive income during 2022. (assume there were no distributions or changes in liabilities during the year.) how much of solomon's losses may tobias deduct in 2022 on his form 1040? how much of the loss is suspended and what code provisions cause the suspensions?
Due to his passive activity income, Tobias is eligible to deduct $90,000 on his Solomon loss. Under Section 704, $20,000 of his base is suspended (d). According to Section 465, $25,000 of his loss is suspended.
Tobias's deductible loss is limited by his basis limitation at $130,000. The at-risk regulations then set a cap on his deductible loss at $100,000. His passive activity loss regulations limit his deductible loss to $0 + $90,000 = $ 90,000.
Loss suspension:
1. 704(d) Overall limitation: $130,000 in Deductible Loss $20,000 in Suspended Losses (150,000-130,000)
2. 465 At-risk restriction - $105,000 in deductible losses $25k Suspended Loss (150,000-20,000-105,000)
3. Deductible Loss of $90,000 for Passive Losses under Section 469 $105,000 in suspended losses
To know more about the deduct visit here :
https://brainly.com/question/15372936
#SPJ4
when substantially all the assets of the target corporation are received in exchange for voting stock and selected liabilities, the restructuring can qualify as a
When all the assets of a target corporation are received substantially in exchange for selected liabilities and voting stock, the restructuring can qualify as a 'Type C-reorganization'.
A 'Type C-reorganization', occurs when a target corporation, called the target, transfers 'substantially' all of its assets/properties to an acquiring corporation, called the acquirer, solely in exchange for the acquirer's voting stock and selected liabilities. That is why the 'Type C-reorganization' is often known as an 'asset acquisition.'
In the 'Type C-reorganization', the acquiring corporation acquires 'substantially all of the properties of the target corporation. If the target corporation transfers less than 'substantially' all of its assets, the transaction does not qualify as the 'Type C-reorganization'.
You can leanr more about reorganization at
https://brainly.com/question/2408627
#SPJ4
howard owns a rental property in another state. he must travel to maintain and manage the rental property. to be able to deduct his travel expenses he must:
To be able to deduct his travel expenses he must divide the costs between activities that require rentals and those that don't.
Landlords can deduct a sizable amount from their taxes for mileage and travel. You will have to spend time and money getting to and from your property if you don't live next door, whether it's to pick up supplies, oversee viewings, or do property inspections. These travel costs can be written off from taxable income at the end of the tax year rather than having to pay them up front.
By doing this, you'll be able to maximize revenues while lowering your taxable income. Knowing what travel expenses are tax deductible and how to compute your mileage tax deduction is essential for maintaining your tax compliance.
To know more about tax click here:
https://brainly.com/question/16423331
#SPJ4
Which of these situations provides an external opportunity that the company may exploit to gain competitive advantage?
O Monica's rare book company has weak competition.
O Jack's food processing plant faces strict government scrutiny.
O Norm's engine manufacturing facility is outdated and needs new equipment.
O Kevin's insurance group lost market capitalization.
Choosing option (a) is the right move. Monica's Rare Books has little outside competition, which creates a chance for the company to gain a competitive edge.
What factors of external competition are there?The external influences can include market or competitive position changes as well as macroeconomic concerns including technology advancement, legislation, and sociocultural shifts. The results are frequently displayed as a matrix.
What distinguishes competitive advantage from a strategic advantage?Your capacity to outcompete others in a market is your competitive edge. Your capacity to outperform competitors more broadly, including your returns to stakeholders like investors, employees, and communities
Why is it vital to achieve a competitive advantage?Having a competitive advantage allows a business to stand out from its rivals by providing clients with something unique and exceptional. A company with a competitive advantage can also outperform its rivals in the market and generate bigger profits.
Learn more about competitive advantage: https://brainly.com/question/5647002
#SPJ13
elan, a u.s. corporation, completed the december 31, 20x8, foreign currency translation of its 70 percent owned swiss subsidiary's trial balance using the current rate method. the translation resulted in a debit adjustment of $25,000. the subsidiary had reported net income of 800,000 swiss francs for 20x8 and paid dividends of 50,000 swiss francs on september 1, 20x8. the translation rates for the year were:
.57 is the translation rates for the year 2018 and $1,881,050 is subsidiary's trial balance of elan corporation in the year 2018 using the current rate method.
What is current rate method ?The current rate method is a widely used method of currency conversion that makes use of the current exchange rate on the market. The process of converting a parent company's foreign subsidiaries' financial results into that functional currency is known as currency translation.When a company has operations abroad, it could be necessary to convert the foreign currency that is earned by such operations into the presentation currency, which is the currency that is used to prepare the firm's financial statements.By dividing the amount of the initial currency by the amount of the foreign currency you will receive back, you can determine the exchange rate.
The formula is: Starting Amount (Original Currency) / Ending Amount (New Currency) = Exchange Rate.
jan 1 2008 .55 =1 franc
sept 1 .59 = 1 franc
Average for the year .57 = 1 franc
The January 1 balance of the investment in the Swiss subsidiary account was $16,00,000
To learn more about current rate method refer :
https://brainly.com/question/28496647
#SPJ4
this year mary received a $200 refund of state income taxes that she deducted on her tax return last year. mary included a total of $4,000 of state income taxes when she itemized deductions last year. what amount of the refund, if any, should mary include in her gross income this year? a) $200 is included because mary itemized her deductions last year. b) $200 is included if itemized deductions exceeded the standard deduction by $200. c) $200 is included because itemized deductions exceeded the standard deduction. d) $200 is included even if mary claimed the standard deduction. e) none of the choices are correct - refunds of state income taxes are not included in gross income.
Option b; $200 is included if itemized deductions exceeded the standard deduction by $200.
A deduction is a cost that can be taken out of a taxpayer's gross income to lower the amount of income that is taxable.
For instance, if you earn $50,000 a year and donate $1,000 to charity, you are qualified to claim a deduction for that amount, bringing your taxable income down to $49,000. An allowed deduction is a term frequently used by the Internal Revenue Service (IRS) to describe a deduction.
American taxpayers can choose between itemising their deductions and taking the standard deduction. It is simpler and involves less paperwork and record-keeping to claim the standard deduction.
Most taxpayers now use Form 1040, which has been updated by the Internal Revenue Service (IRS), which has abolished the outdated 1040A.
Learn more about Deductions here:
https://brainly.com/question/14278386
#SPJ4
product a is added to your quote automatically with a selection rule. if you delete the product a quote line, then add an unrelated product to the quote, what can you expect to happen in regards to product a?
Product A is automatically added to your quote with a selection rule. If you remove a line that quotes a product and then add a product unrelated to the quote, you can expect product A to be added back to refer to product A.
The option product rule must contain an action, which describes what to do for one or more options. There are several things you can do with actions, such as automatically selecting or deselecting an option, disabling an option, or hiding the option entirely.
That's what we will do. Simply put, product rules allow you to evaluate the product options of a package, quote, or quote line based on certain conditions and then take action in response. They're great for applying business logic during setup and giving sales reps feedback on product selection.
Selection rules allow you to tailor bulk product options on your quote. For example, say you sell a suite of reporting software. You can only sell training licenses after your users have purchased software licenses, both of which are product options in your plan.
To learn more about product rule
https://brainly.com/question/28789914
#SPJ4
after being hired to deliver newspapers to his neighbors, a man is provided with $10,000 of life insurance by the newspaper. he would be covered under which kind of life insurance?
A man is recruited by a newspaper to distribute newspapers to his neighbors, and the newspaper gives him $10,000 in life insurance. He would be protected by life insurance of the Blanket type. All life insurance policies include paying premiums to the insurance company throughout the policy's duration.
A contract between an insurance policy holder and an insurance company in which the insurer agrees to pay a quantity of money in exchange for a premium upon the demise of an insured person or after a specific amount of time is known as life insurance.
Every person in the modern era needs to have a life insurance policy because it is one of the finest ways to safeguard one's future and the futures of their loved ones. The market is filled with a wide variety of life insurance coverage.
To know more about insurance, click here:-
https://brainly.com/question/989103
#SPJ4
what is the taxable equivalent yield on a municipal bond with a yield to maturity of 4.5 percent for an investor in the 39 percent marginal tax bracket?
6.25% is the taxable equivalent yield .The yield on a comparable tax-exempt municipal bond is equal to the tax-equivalent yield.
How Much Yield Is Tax Equivalent?The yield on a comparable tax-exempt municipal bond is equal to the tax-equivalent yield, which is the return that a taxable bond would need to achieve. Investors can use the computation to contrast the returns of a tax-free investment versus a comparable option that is subject to income tax.
Finding Tax Equivalent Yield,
determine your tax rate's reciprocal (1 – your tax rate). The reciprocal of a 39% tax payment is (1 - 39%) =.39, or 39%.
The TEY is determined by dividing this sum by the yield on the tax-free bond. For instance, use (4.5 /.39) = 6.25% if the bond in question yields 4.5%.
To learn more about Tax-equivalent yield refer to:
https://brainly.com/question/19338984
#SPJ4
putting your previous answers together, what advantage is there to using a longer moving average for noise reduction? what do we have to trade off (i.e., what disadvantage becomes more and more pronounced) in doing so?
The advantage of using a longer moving average for noise reduction moving average is used for forecasting goods or commodities with constant demand, where there is a slight trend or seasonality.
Product forecasting is the science of predicting the success of new products in the market. To do this, predictive models should consider product awareness, distribution, pricing, unmet need responses, competitor options, and more.
Forecasting is the technique of using historical data as input to make forward-looking, informed estimates in determining the direction of future trends. Organizations use forecasts to determine how to allocate budgets and plan expected expenses for the next period.
Learn more about forecasting goods https://brainly.com/question/21445581
#SPJ4
assume that the currency-deposit ratio is 0.11, the required reserve ratio is 0.05, and the excess reserves to deposit ratio is 0.14. if the monetary base is $6 trillion, find (a) the amount of currency in circulation in trillions of dollars; (b) required reserves in trillions of dollars; (c) excess reserves in trillions of dollars; (d) simple deposit multiplier which ignores leakages; (e) actual money multiplier; and (f) money supply in trillions of dollars. (round all answers to one decimal point)
The bank is only required to retain 10% of its deposits in reserve if the statutory reserve ratio is 10%.
What is the statutory reserve rate?The term "Statutory Reserve Rate" refers to a fraction (expressed as a decimal), the numerator of which is the number one and the denominator of which is the number one minus the total of the maximum reserve percentage (including any marginal, special, emergency, or supplemental reserves) established by the Federal Reserve Board.Statutory Liquidity Ratio, or SLR, is the minimum proportion of deposits that a commercial bank must keep in liquid cash, gold, or other securities. Essentially, it is the minimum amount of reserves that banks must hold in order to extend credit to customers.To learn more about Statutory Liquidity Ratio refer to:
https://brainly.com/question/25894261
#SPJ4
hat is the present value of a $100 perpetuity if the interest rate is 7%? if interest rates doubled to 14%, what would its present
Present value $1428.57 and $714.28 if the interest rate is 7% if interest rates doubled to 14%.
What is present value extremely important?The ability for investors to evaluate values across time makes present value crucial. PV can assist investors in evaluating the potential financial gains from present liabilities and assets. Investors can compute the present value of a security based on its expected future returns, which is used in fields like financial forecasting, stock valuation, or bond pricing.
Briefing:Perpetuity value = $100
Interest rate = 7% = 0.07
Interest rate = 14% = 0.14
solution
we get her present value that is express a
present value = perpetuity / rate ............1
put here value for rate 7% and 14%
present value = 100 / 0.07
present value = $1428.57
and
present value = 100 / 0.14
present value = $714.28
To know more about Present value visit:
https://brainly.com/question/28304447
#SPJ4
the hamlet company uses the periodic inventory system. information for the current year is as follows: sales $ 2,650,000 beginning inventory 680,000 purchases 1,200,000 purchase returns 12,000 ending inventory 740,000 hamlet's cost of goods sold for the current year is:
The cost of goods sold for hamlet company is $11,28,000 as per the given system
The direct costs of producing the products that a business sells are referred to as its cost of goods sold (COGS). The cost of the labour and materials directly employed to make the goods are also included in this sum. It doesn't include indirect costs like those associated with the sales force and distribution.
Sales = $2650000
Beginning inventory = $680000
Purchases = $1200000
Purchase return = $12000
Ending inventory = $740000
Cost of goods sold = Beginning inventory + (Purchases - Purchase return) - Ending inventory
= 680000 +(1200000-12000) - 740000
= $1128000
So, cost of goods sold is $1128000
Learn more about cost of goods sold:
https://brainly.com/question/14866200
#SPJ4
which depreciation method is most likely to be used by profitable businesses with high marginal tax rates?
The depreciation method is most likely to be used by a profitable business. The depreciation method usually used in a business with a high marginal tax rate declining balance MACRS 200%.
Taxes generally can be described as a mandatory levies from the people for the state. If people paid a tax, that every penny of tax money paid will be included in the post of state income from the tax sector. Tax usually use for local government and also finance central spending for the welfare of the community.
Tax money is used for public interest, not for personal gain. Taxes are one source of government funds to fund development at the center and regions, such as building public facilities, financing health and education budgets, and other productive activities. Tax collection can be forced because it is carried out by law.
Learn more about Taxes here brainly.com/question/16423331
#SPJ4
Imagine you operated a shipping and packaging service within new york city. You slowly expanded to include shipments and deliveries between new york, new jersey, and connecticut. After the expansion, could you be subject to regulation by either or all of the states and the federal government? which court case outlines this? explain your answer.
You would be subject to federal government regulations. The Gibbons V. Ogden case from 1824 served as the legal precedent for this. Option A
What is Gibbons V. Ogden?Generally, The US Supreme Court ruled in the Gibbons v. Ogden decision that the states in the nation cannot impede the federal government's ability to control trade in the nation.
In this instance, Ogden had requested the court to enjoin Gibbons from conducting commercial activity in the state waterways. He claimed to have exclusive ownership of the waterways.
In conclusion, This lawsuit served as more evidence that the federal government had greater control over the nation's states.
Read more about Gibbons V. Ogden
https://brainly.com/question/3362092
#SPJ1
CQ
Imagine you operated a shipping and packaging service within New York City. You slowly expanded to include shipments and deliveries between New York, New Jersey, and Connecticut. After the expansion, could you be subject to regulation by either or all of the states and the federal government? Which court case outlines this? Explain your answer. Gibbons v. Ogden (1824) , McCulloch v. Maryland (1819) , Marbury v. Madison (1803)
A firm producing a good is more likely to have which set of the following characteristics compared to a firm providing a service?.
A firm producing a good is more likely to have quality standards that are objective, a tangible product, and located away from customers
The term "goods" refers to a tangible commodity or product that can be delivered to the customer. It entails transferring ownership and possession from the seller to the buyer. On the other hand, services refer to intangible activities that are separately identifiable and satisfy wants.
Firm producing goods :
A firm combines its production factors to create goods or output. The total amount of work produced by the firm, or the firm's total product, is determined by the quantities of factors purchased or employed by the firm.
Firm providing services :
Professional services firms can be found in a variety of industries. Lawyers, advertising professionals, architects, accountants, financial advisers, engineers, and consultants are a few examples. Essentially, they can be any organization or profession that provides clients with customized, knowledge-based services.
For more information on Firms providing Goods and Services, visit :
https://brainly.com/question/28730036
#SPJ4
respond to the following essay question. provide comprehensive information and examples for this assignment. provide your personal thoughts and ideas for this assignment. do not plagiarize your responses for this assignment. definitions are not to be included in your responses. do not number the paragraphs. appropriately cite your sources. do not retype the question!! post your assignment to the provided assignment thread. utilize your textbook when responding to the essay question. do not use outside sources. outside sources will provide incorrect information. post your initial response and you will be given access to the turnitin summary report. you can submit your document up to three times before the due date. an acceptable turnitin score in less than 10%. word count requirement: 250 words question what is the role of the board of directors in corporate governance? what responsibilities does the board of directors have?
The role of the board of director in the corporate governance is to oversight and plan the development of the concern. And the responsibilities of the board of directors is to provide the leadership in order to achieve the mission.
Corporate governance:
Corporate governance means the system by which companies are directed and controlled.
Given,
Here we need to identify the roles and responsibilities of the board of director.
Before, we move on to the roles and responsibilities first we have to know who are board of directors.
Basically, board of directors are the person who are the highest governing authority within the management structure at a corporation or publicly traded business.
So, their main role is to oversight and planning the success of the concern.
And the responsibility of the board of directors is to provide leadership and oversight so the organization can reach its goals and achieve its mission.
To know more about Corporate governance here.
https://brainly.com/question/29111737
#SPJ4
Gemini group ordered motor tune ups and oil changes on their entire fleet of company vehicles in the third quarter. How should this expense be recorded?.
In the third quarter, Gemini Group placed orders for oil changes and motor tune-ups for their entire fleet of company vehicles.be recorded as a revenue expenditure for this expense.
Cost, salvage value, and useful life are the determinants of depreciation.
Short-term expenses used in the current period or typically within a year are referred to as revenue expenditures.Revenue expenditures (OPEX) are essentially the same as operating expenses (OPEX) because they include the costs necessary to cover a company's ongoing operational costs.
Give an example of revenue expense.
The term "revenue expenditure" refers to expenses incurred by a company during normal business operations that will result in a profit during the same period. Examples of revenue expenditures include rent, utility bills, salary, insurance, commission, manufacturing, and others.
Learn more about revenue expenditure here:
https://brainly.com/question/16232387
#SPJ4