Answer:
Investment on Slender 51,000
Goodwill 9,000
fees expense 4,000
Cash 64,000
Explanation:
fair value of Slender:
71,000 - 20,000 = 51,000
purchase price 60,000
goodwil 9,000
finder's fees 4,000
It will recognize the goodwill for Slender
it will pay the finder's and recognize them as expense
The total cash will be 60,000 to aquire Slender and the 4,000 finder's expense
A customs declaration is an official document that lists and gives details of goods that are being imported or exported. In legal terms, a customs declaration is the act whereby a person indicates the wish to place goods under a given customs procedure.
Answer:
A. Long-term debt and times interest earned
Explanation:
A Mortgage lender is an individual or an organization that loans money and take security interest in real property. The loan or money gotten from mortgage lenders are mainly used in purchasing real estate or for any purpose, while putting a lien on the property being mortgaged. Mortgage lenders most interest is in long term debts and times interest earned by long term mortgage rate is usually higher than short term and also secured the borrowers their payments and interest rates for a good period of time.
Answer:
In kind benefits are goods and services provided for free or at greatly reduced prices
Explanation:
The benefits in kind are the advantages given to an employee or a customer such as credit cards, company cars, concert tickets and so on. Usually these benefits are called "perks" and are part of the compensation plan offered at each enterprise.
The benefits are also offered to clients, which will be awarded with a gift from the company when reaching certain number of purchases.
