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snow_lady [41]
1 year ago
15

The existence of goodwill on a corporate balance sheet indicates that the corporation has:________

Business
1 answer:
Juliette [100K]1 year ago
4 0

The existence of goodwill on a corporate balance sheet shows that the business enterprise has: been worthwhile in the past.

A balance sheet is a statement of a business's belongings, liabilities, and owner's equity as of any given date. commonly, a stability sheet is prepared at the quit of set periods (e.g., each zone; annually). A stability sheet is produced from columns. The column at the left lists the assets of the organization.

In economic accounting, a balance sheet is a summary of the economic balances of a character or organization, whether or not it's a sole proprietorship, a business partnership, a business enterprise, a personal restrained business enterprise, or another business enterprise along with authorities or now not-for-profit entity.

A balance sheet offers you a photo of your company's monetary function at a given factor in time. in conjunction with an income declaration and a coins float declaration, a balance sheet can help commercial enterprise owners evaluate their organization's financial standing.

Learn more about the balance sheet here: brainly.com/question/1113933

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On July 4, Cullumber's Restaurant accepts a Visa card for a $1,350 dinner bill. Visa charges a 2% service fee. Prepare the entry
Thepotemich [5.8K]

Answer:

Journal entry

Explanation:

The journal entry is as follows

Cash      $1,323

Service charge expense ($1,350 × 2%) $27

               To    Sales Revenue  $1,350

(Being the cash is recorded)

for recording this transaction we debited the cash and expenses as it increase both balances while at the same time the sales revenue is also increased so it is credited

3 0
4 years ago
Daniel deposits $2,000 per year at the end of the year for the next 15 years into an IRA account that currently pays 7%. How muc
diamong [38]

Answer:

$50,258.

Explanation:  

According to the scenario, computation of the given data are as follow:-

We can calculate the deposit amount at the end of 15 years by using following formula:-

Deposit Amount per year(PMT) = $2,000

Interest rate = 7% = 0.07

Deposit year (n) = 15 years

Future value(FVIFA) = PMT × [{(1 + interest rate)^number of years - 1} ÷ interest rate]

= $2,000 × [{(1 + 0.07)^15 - 1} ÷ 0.07]

= $2,000 × [{2.7590315 - 1} ÷ 0.07]

= $2,000 × [1.7590315/0.07]

= $2,000 × 25.129022

= $50,258

According to the analysis total deposit at the end of the year is $50,258.

         

5 0
3 years ago
Which stage in the consumer decision process comes immediately after need recognition?.
finlep [7]

The stage in the consumer decision process that comes immediately after need recognition is the Search for information.

<h3>What is the significance of the consumer decision process?</h3>

The consumer decision process plays a significant role in marketing planning.It enables organizations to make predictions about customer preferences to develop marketing and sales strategies based on their needs.

Consumers more use internal and external elements to explore their selections during the information-seeking stage. They could look at alternatives in person or check internet sources.

Learn more about the consumer decision process, here:

brainly.com/question/13293949

#SPJ1

5 0
1 year ago
Damaris is a member of AASA. What did she most likely learn from a meeting she recently went to? A professional accountant would
Andrew [12]

Answer:

<u>There is a conference for school principals coming to town</u>

<u>Explanation:</u>

Remember, the full meaning of the acronym AASA is the American Association of School Administrators.

Hence, we could more likely conclude that from all the listed options, she most likely learned from such a meeting that there is a conference for school principals coming to town because members of this organization consist mainly of leaders of educational facilities such as principals.

4 0
4 years ago
Read 2 more answers
There is an oil refinery located on a river. A fish farm is located in the bay, and is adversely affected by the oil refiner’s w
Galina-37 [17]
D. Suppose that the government imposes a tax on the oil refiner that makes the oil refiner pay twice per unit of output produced. is there T that induces the Pareto efficient level of o
6 0
3 years ago
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