Answer:
The fair value of the assets of the identifiable assets of Thompson company are $38 million and the fair value of identifiable liabilities is $6 million. So if we were to find the value of Thompson company just on the basis of identifiable assets and identifiable liabilities we would subtract the identifiable liabilities from the identifiable assets.
38-6= $32 million.
This means that on the basis of Identifiable assets and identifiable liabilities the value of Thompson company is $32 million but they Anderson Company $ 30 million for the company which means that the company has a negative goodwill. The negative good will is the price paid - the fair value.
30 million - 32 million = -2 million
This means that Anderson Company will record -2 million as negative goodwill and this implies a bargain purchase which means Anderson company will record this 2 million as a gain on their income statement.
Explanation:
People are willing to pay for a unit of a particular commodity is determined by Marginal utility.
Explanation:
Marginal utility (MU) is characterized as the additional utility obtained from the use of one additional unit of a good or service, or the increased use of an increased unit by an entity.
Economists use the idea of marginal utility to assess how much of an item consumers can purchase. Positive marginal utility happens when the consumption of an additional item increases the total utility, while negative marginal utility occurs when the consumption of an additional item reduces the total utility.
Answer:
the correct answer is consultative selling.
Explanation:
In this method, the seller often acts as a Consult to the customer and tries to understand the specific needs and wants of the customer before making the sale. This is a unique way to market the products and to grab the customer loyalty in the long run.
*A limited partner's signature on the subscription agreement grants the general partner power of attorney to conduct the partnership's affairs. The subscription agreement for a limited partnership is deemed accepted when the general partner signs the subscription agreement.
<h3>What is a subscription agreement for a limited partnership?</h3>
The subscription agreement, when executed by a limited partner, gives the general partner the authority to manage the business of the partnership. When the general partner signs the subscription agreement, it is considered approved for a limited partnership.
<h3>What does the general partner's signature on the subscription agreement mean?</h3>
The limited partners are given authority to manage the partnership's affairs by the general partner's signature. The subscription agreement, when executed by a limited partner, gives the general partner the authority to manage the business of the partnership.
<h3>What is a recourse note in a limited partnership?</h3>
Recourse notes obligate the limited partner to make payments regardless of what transpires. He is legally responsible for the $40,000, making his tax base and possible maximum loss $50,000.
A) manage partnership assets on behalf of the partnership as an agent. B) offer the limited partnership real estate.
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It is know as extracurricular activities
