Answer:
The answer is $50million
Explanation:
In Accounting goodwill is calculated by subtracting net asset of the acquired business from the purchase price.
Firm A is the acquiring firm and firm Z is the acquired firm.
Net Asset of firm Z(the acquired firm) is Total assets minus total liabilities. So we have:
$150million - $30,000
=$120milion
And goodwill is purchase price minus Net asset of the acquired firm(firm Z)
Goodwill= $170million-$120millon
Goodwill = $50million
For many projects, properly outsourcing some information technology functions can be a great investment.
<h3>What is information technology?</h3>
Information technology is the practice of using computers to generate, process, store, retrieve, and exchange many kinds of data and information. IT is typically employed in the context of business activities, as opposed to personal or recreational technology. IT is a part of information and communications technology.
<h3>
Why IT career is good?</h3>
One of the fastest-growing industries worldwide, information technology provides a wide range of jobs with promising futures. Without a college degree, it is straightforward to get started in the IT business, which offers quick employment, chances across numerous industries, a number of professional tracks and high salaries.
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Answer: a. All income and expenses
Explanation: to truly know the amount of money that you will have, you must have all your income and expenses listed your budget. If not, you may end up losing a great amount of money and not understanding why.
Answer:
c.The transactions would lower Lofland's financial strength as measured by its current ratio but raise Smaland's current ratio.
Explanation:
The current ratio compares current assets with current liabilities showing how many dollars of assets are there for a dollar of liabilities. This tells investors about the company ability to pay short-term obligations or those due within one year.
Current Ratio = Current Asset (CA) / Current Liabilities (CL)
Lofland's NOW = 20 M CA / 10 M CL = 2.00
Lofland's AFTER = 30 M CA / 20 M CL = 1.50
Smaland's NOW = 10 M CA / 20 M CL = 0.50
Smaland's AFTER = 20 M CA / 30 M CL = 0.67
Lofland's current ratio gets lower, so its financial strength as well. Instead, Smaland's current ratio gets higher and It´s financially stronger.