D)
Market equilibrium occurs when supply = demand
Answer:
$93,700
Explanation:
Excess of cost over fair value of net identifiable assets of acquired subsidiary Shall be considered as good will and it will come under the head intangible assets.
Other are considered to be a expense.
Total amount reported for intangible assets:
= Trademarks + Excess of cost over fair value of net identifiable assets of acquired subsidiary
= $16,500 + $77,200
= $93,700
To sell products for cash, you first have to find someone who would buy it and sell it to them.
I work for an American Bank. Before meetings, I prepare my bar/line graphs, notebooks, and my usb for slideshows. In a get together, my chief executive, co-workers & discuss about financial rates, firm rates, consumer satisfaction, and diagram improvements.
Hope this helps. :)
Answer:
3.6
Explanation:
The receivables turnover for the year is calculated as;
= Net sales(credit sales) ÷ Average accounts receivables
Average account receivables
= ($200,000 + $220,000) ÷ 2
= $210,000
Therefore, Receivables turnover
= $750,000 ÷ $210,000
= 3.6