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jeka57 [31]
3 years ago
7

Suppose Dee's just acquired the assets of Flo's Flowers. The book value of Flo's Flowers assets was $68,000 but Dee's paid a tot

al of $75,000. The additional $7,000 paid by Dee's will be recorded on Dee's balance sheet as:- accounts payable.- other current assets.- goodwill.- property, plant, and equipment.
Business
1 answer:
Lunna [17]3 years ago
3 0

Answer:

The correct answer is goodwill

Explanation:

The term Goodwill refers to an asset, categorized as intangible, it is associated with the purchase of one company by another; when the purchase price is greater than the sum of the fair value of all assets purchased in the acquisition and the liabilities assumed in the process.

Some examples of goodwill are patents and a company´s brand name

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Stine Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $3,770 and two j
maxonik [38]

Answer:

Explanation:

WORK IN PROCESS INVENTORY    

May 1 balance 3770 May 31 Finished Goods 9234

31-May Material 11470    

31-May labour 13870    

31-May Overheads 9431.6    

may 31 Balance 29307.6    

JOB COST SHEET      

Job no. Beg. WIP Material Labour Overheads Total  

430 1340 3850 3400 2312 10902  

431 0 4680 8170 5555.6 18405.6  

TOTAL 1340 8530 11570 7867.6 29307.6  

Note: Total cost of Job 429 transferred to Finished goods:  

Beginning cost  2430    

Add: Material  2940    

Add: Labour  2300    

Add: Overheads (2300*68%) 1564    

Total cost of Job 429  9234  

4 0
2 years ago
Tangerine Tangerine ink Target capital structure is 20% debtthe following information about sleep please Corporation a company h
Tasya [4]

16% is the answer.

<u>Explanation:</u>

<u>The following is used in order to calculate the cost of the retained earnings. </u>

The Calculation of cost of retained earnings by using bond yield plus the risk premium method

= Long term bond yield + the risk premium

The Long term bond yield = 12 percent

The risk premium = 4 percent

Cost of retained earnings = 12 percent plus 4 percent = 16 %

Therefore, the correct option will be with the 16 percent .

7 0
2 years ago
"The Federal Reserve raises the reserve requirement from 7 percent to 8 percent. Consequently banks must set aside more money an
joja [24]

Answer: a. Inflation

Explanation:

Inflation refers to the general rise in prices of items in an economy in a certain period of time. Inflation essentially erodes the value of the domestic currency of the economy in question.

Central Banks like the Fed can use Monetary policy to influence inflation. In this case they reduced the amount of money in the economy by reducing bank loans. This will ensure that people cannot spend too much which would increase demand and therefore increase prices.

By doing this, they have limited the likelihood of inflation.

6 0
3 years ago
LAN security policies center on issues concerning connectivity; this includes determining how devices adhere to the network. Amo
Aloiza [94]

Answer:

The correct answer is controlled maintenance.

Explanation:

It is the maintenance whose mission is to maintain a certain level of service in the equipment, programming the interventions of their vulnerable points at the most appropriate time. It usually has a systematic character, that is, it intervenes even if the team has not given any symptoms of having a problem.

Some data transmission networks mess up the messages they send, so if the messages are sent in a certain sequence, they are not guaranteed to arrive in that same sequence. To solve this, the protocol must incorporate a mechanism that allows it to reorder the messages at the destination. This mechanism can be the numbering of the fragments, for example.

8 0
2 years ago
Read 2 more answers
Bond appraisals are used in the municipal secondary market because:_______. I the market is thin II the market is active III tra
gogolik [260]

Answer: B. I and IV

Explanation:

An appraiser bond is simply an insurance form that is bought by appraisers which indicates total compliance with the regulations and the laws in their field.

Bond appraisals are used in the municipal secondary market because the market is thin and trades are not reported to a consolidated tape.

4 0
3 years ago
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