Answer: 2 steps
Explanation: While calculating impairment of goodwill following steps should be taken :-
1.In the first step the fair value of the goodwill is compared with its carrying value.
2. In the second step, if the fair value comes to be lower than the carrying value, then it is concluded that there is an impairment and then it is computed accordingly.
Answer:
D. Flex plan ticket books
Explanation:
The selling in which you describe it in such a way that the product is tied in such a way that it improves the customers situation.
e.g All are servers are manufactured in the city so you can be sure of immediate support if any issue arises.
Selling the benefits instead of a features make it easier to get higher prices, it makes the product differentiation easier and justifies the higher price being charged.
The flex tickets are an example of benefit selling because one can purchase it in any combination possible for the type of package purchased and it can be used in any chosen combination throughout the current season.
Answer:
3.44%
Explanation:
For this question we use the RATE formula that is shown on the attachment
Data provided in the question
Present value = $15,000,000
Future value or Face value = $0
PMT = $1,050,000
NPER = 20 years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, the rate pf the return is 3.44%
Answer:
11.42 %
Explanation:
The formula for calculating percentage error
percentage error = <u>observed value - actual value x 1</u>00
actual value
Percentage error = <u>3.9- 3.5</u> x 100
3.5
Percentage error = <u>0.4 x 100</u>
3.5
Percentage error =0.1142 x 100
Percentage error = 11.42 %