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sweet [91]
3 years ago
12

Which law provided billions of dollars to cities and states to build wastewater facilities?

Business
1 answer:
lisov135 [29]3 years ago
8 0

The answer is Clean Water Act. It is a U.S. federal law that controls the discharge of pollutants into the nation's surface waters. This act was initially known as the Federal Water Pollution Control Act. Also, this act is managed by the U.S. Environmental Protection Agency (EPA), which arranges water quality standards, handles implementation, and helps state and local governments advance their own pollution control plans. The federal government delivered billions of dollars in grants to back the building of sewage treatment facilities around the country. This act also necessitate businesses to apply for federal documents to discharge pollutants into water courses, as well as to decrease the amount of their discharges over time.

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How is goodwill calculated? A. The amount paid to purchase a business in excess of the market value of its net assets. B. An est
kondaur [170]

Answer:

Goodwill is calculated as A. The amount paid to purchase a business in excess of the market value of its net assets.

Explanation:

Goodwill is the quantification of the value of the name or reputation of a business. It is an intangible asset for the business that arises and is recorded as part of a business's value when it is sold. Goodwill is the additional amount paid by the buyer in excess of the amount that a business's tangible net assets are worth. Thus, goodwill can be calculated as the amount paid in to purchase a business in excess of the market value of its net assets.

For example, If a business is purchased for $100 whose net assets, which are Total assets less total liabilities, are worth $80. Then the goodwill is the $20 that is the difference of the amount paid to purchase the business and the value of its net assets.

8 0
3 years ago
When a company uses the allowance method to measure bad​ debts, ________.
Phoenix [80]
<span>When a company uses the allowance method to measure bad​ debts, </span><span>the amount of bad debts expense is estimated at the end of the accounting period. 

The allowance method is used when adjusting accounts receivable on the balance sheet. This refers to amounts that have not been collected yet, such as bad debt.
</span>
6 0
3 years ago
Clampett, Incorporated, converted to an S corporation on January 1, 2020. At that time, Clampett, Incorporated, had cash ($40,00
lana [24]

Answer:

$2,100

Explanation:

Particulars                     Fair market value      Basis        Differences

Inventory                             $60,000              $30,000       $30,000

Account receivables           $40,000              $40,000       $0

Equipment                           $60,000              $80,000      <u> ($20,000)</u>

Taxable gain                                                                           $10,000

Tax rate                                                                                   <u>   21%    </u>

Built in gains tax                                                                     <u>$2,100  </u>

So therefore, the built-in-gains tax that Clampett (Incorporated) will pay in 2021 is $2,100.

3 0
3 years ago
I'LL MARK BRAINLIEST PLEASE ANSWER FAST (14 POINTS)
DENIUS [597]

Answer:

The answer is B :)

Explanation:

4 0
1 year ago
Read 2 more answers
On January 1, 2012 Morgan Co. purchased a truck that cost $32,000. The truck had an expected useful life of 10 years and a $5,00
Novay_Z [31]

Answer:

Annual depreciation= $2,700

Explanation:

Giving the following information:

Morgan Co. purchased a truck that cost $32,000. The truck had an expected useful life of 10 years and a $5,000 salvage value.

The straight-line depreciation method provides an annual depreciation expense by dividing the book value by the number of useful years.

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (32,000 - 5,000)/10= $2,700

8 0
3 years ago
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