Answer:
the equivalent units of production for conversion costs is 12,280.
Explanation:
<u>Calculation of the equivalent units of production for conversion costs.</u>
Units transferred out (9,800 × 100 %) = 9,800
Units of ending work in process (6,200 × 40%) = 2,480
Equivalent units of production for conversion costs =12,280
Answer:
See below
Explanation:
Goodwill arises when is a business is acquired as a going concern. It is an intangible asset of a business. Goodwill represents the value of a company's customer base, its location, any patents, and the brand name. It consists of the value of suppliers, customers, and employee relationships that facilitates the smooth running of the business.
The value of goodwill is the difference between the purchase price and the net cost of its tangible and other intangible assets of a business. Amortization of goodwill means spreading the cost of goodwill to several financial years.
Goodwill is amortized because the business benefits from the goodwill for many years. In other words, the expenditure on goodwill will profit the company in more than one financial year. As per the matching principle, expenses and incomes should be recognized in the period they occur. As benefits will be enjoyed in many years, the expenses should also be spread in similar years.
Answer:
LLC Description C Corp. Description
(1) Pretax earnings $18,000 4%*$450,000 $18000 4%*$450,000
(2) Entity level tax 0 $2,700 15% × (1)
(3) After-tax entity earnings $18,000 (1) – (2) $15,300 (1) – (2)
(4) Owner tax $5,040 (3)*28% $2,295 (3)* 15%
(5) After-tax earnings $12,960 (3)- (4) $13,005 (3) – (4)
Answer:
$3,520.65
Explanation:
The computation of the future value is shown below:
As we know that
Future value = Present value × (1 + interest rate)^number of years
= $250 × (1 + 0.0275)^5 + $450 × (1 + 0.0275)^4 + $650 × (1 + 0.0275)^3 + $850 × (1 + 0.0275)^2 + $1,100 × (1 + 0.0275)^1
= $286.32 + $501.58 + $705.11 + $897.39 + $1,130.25
= $3,520.65
We do the reversing time period and according to that the calculation can come.
Answer:
Samuel is using <em>Ingratiation</em> impression management strategy.
Explanation:
What is Impression Management Strategies
?
<em>Impression management is a conscious or subconscious process in which people attempt to influence the perceptions of other people about a person, object or event by regulating and controlling information in social interaction. </em>
There are many different strategies we can use while trying to impact the views of others. The most common impression management strategies include ingratiation, intimidation, supplication, self-promotion and exemplification.
Ingratiation - <em>The term ingratiation refers to behaviors that a person illicitly enacts to make others like him or her or think well of his or her qualities as a person. ... A second strategy is do favors or to help or assist a person.</em>
