A job applicant identifies preparing contract documents for construction managers as something the applicant considers

On May 1, Soriano Co. reported the following account balances along with their estimated fair values:

s2008m [1.1K]

Answer:

Receivables (Dr.) $143,600

Inventory (Dr.) $76,400

Copyrights (Dr.) $577,000

Patented Technology (Dr.) $913,000

Goodwill (Dr.) $32,800

Current Liability (Cr.) $197,000

Long term liability (Cr.) $658,300

Cash (Cr.) $845,000

Contingent Consideration (Cr.) $42,500

Professional Fee Expense (Dr.) $141,000

Cash (Cr.) $141,000

Paid of Investment banking firm

Explanation:

Total of Assets 1,710,000

Total of Liabilities 855,300

Net Assets 854,700

Total Fair value of identifiable Assets 854,700

Fair value of contingent Liability 42,500

Consideration Paid as Cash 845,000

Good will $32,800

6 0

2 years ago

Turkey Corp., a cash basis calendar year C corporation in Savannah, Georgia, has $100,000 of accounts receivable on the date of

Viefleur [7K]

Answer:

The correct answer is $24,500.

Explanation:

According to the scenario, the given data are as follows:

Total Account receivable = $100,000

Amount collected = $70,000

So, if there is sufficient taxable income, then assume tax rate to be 35%.

So, we can calculate the Gains tax by using following formula:

Gain tax = Amount collected × Tax rate

By putting the value, we get

Gain tax = $70,000 × 35%

= $24,500.

5 0

3 years ago

Market structure is determined by the Group of answer choices None of the Answers are Correct. Annual revenue, costs, and profit

nignag [31]

Market structure is determined by the number and relative size of the firms in an industry.

Market structure describes how different industries are categorized and distinguished based on how fiercely and in what ways they compete with one another for customers' goods and services. There are four different kinds of market structures: monopolistic competition, oligopolistic markets, perfect competition, and monopolistic markets.
In economics, market structure illustrates how businesses are categorized and distinguished according to the sorts of items they sell and how external circumstances and elements impact their operations. It is simpler to comprehend the peculiarities of various marketplaces when there is a clear market structure.
The four types of economic market structures are oligopoly, monopoly, perfect competition, and monopolistic competition. The following characteristics explain why the categories are different: In oligopoly, there are few producers, many in perfect and monopolistic competition, and one in monopoly.

Thus the correct answer is Option D.

To learn more about market structure, refer: brainly.com/question/27874368

#SPJ4

6 0

1 year ago

Janice Hartley works as a writer at a fashion magazine in New York. She was recently asked by her editor to write an article on

N76 [4]

Answer:

C

Explanation:

Affective component has been displayed as mood and feelings have been touched as a result of the feedback Janice got from her boss.

Cheers

5 0

3 years ago

True or False: When refusing an internal request, it is not a good idea to provide an alternative.

Lana71 [14]

Answer:

1st question: false Refusing internal requests often calls for an indirect strategy. Providing adequate reasons and realistic alternatives helps maintain goodwill and a positive working environment.

2nd question: True. Refusals for routine requests should open with a buffer, a neutral statement on which both readerand writer can agree, and should transition into the reasons.

6 0

3 years ago

Read 2 more answers