Selecting an account with a high interest rate and leaving his money in the account for a long period of time will maximize the amount of interest you earn.
Answer:
b. $5m
Explanation:
If we purchase another company for $50m and the company you purchase has assets with a fair value of $75m and liabilities with a fair value of $30m. The amount of goodwill we should record in this transaction is: $5m
Goodwill upon acquisition of companies is derived by subtracting the fair value of NET ASSETS from the TOTAL CONSIDERATION (i.e the price paid to acquire the company)
In the scenario, the value of Net Assets is the value of the fairvalue of the assets less the fair value of the liabilities which is $75 - $30 = $45
While the Total Consideration = $50
Therefore Goodwill = $50m - $45m = $5m
Answer:
the net cost = 11,466
Explanation:
To following journal entry is done to record the purchase, credit terms 2/10, n/30:
Dr Merchandise inventory 11,700
Cr Accounts payable 11,700
If the company pays within the discount period (10 days):
Dr Accounts payable 11,700
Cr Cash 11,466
Cr Purchase discounts 234
net cost of goods = $11,700 x 98% = $11,466
That The Swanson Group is located in five different countries with different departments in each country to facilitate efficient and flexible production of their merchandise implies that The Swanson Group is a <u>multinational organization</u>.
<h3>What is a multinational organization?</h3>
A multinational organization usually operates in more than one country.
Any organization that controls production activities from <u>more than one country</u> is not a national organization.
Thus, The Swanson Group is an example of a <u>multinational organization</u>.
Learn more about multinational organizations at brainly.com/question/913870
