Inflation is 110
<u>Explanation:</u>
The consumer price index is the ratio of the basket prices of the current year to the basket price of the base year multipliers by 100, this helps us to determine inflation
now, cpi in second year = 
= 110
Answer:
Goodwill is $ 50,166.00
Explanation:
Goodwill is the excess of purchase price consideration over the fair value of net assets of the business acquired.
Purchase price consideration is the proceeds received by the owners of the business acquired in a business combination arrangement like this.
The net assets is the fair value of assets minus the fair value of the liabilities.
Purchase price consideration is $97,109
Net assets =$65,893+$9,736-$28,686=$ 46,943.00
Goodwill=$97,109-$46,943.00 =$ 50,166.00
Answer:
$2,500,000
Explanation:
Data provided
Ending assets = $1,500,000
Inventory turnover = 6.0 times
Net sales = $8,000,000
The computation of beginning total asset balance is shown below:-
Average total assets = $8,000,000 ÷ 4
= $2,000,000
Total assets = $2,000,000 × 2
= $4,000,000
Beginning assets = Total assets - Ending assets
= $4,000,000 - 1,500,000
= $2,500,000
Therefore we applied the above formula
If you mean like anY kind of example of flame, a lighter flame is a good example.
Anything that uses gas to emit a flame
