Answer:
Definition of Amalgamation:- 1) Amalgamation means combining, coming together or joining together of two business concern to form a single and bigger business concern. 2) Amalgamation means two or more firms transfer their business into one new firm which is formed to take over a such business.
Answer:
$40,000
Explanation:
The computation of the goodwill amount is shown below:
= Paid amount + liabilities - current assets - plant and equipment - carrying amount value
= $600,000 + $400,000 - $80,000 - $760,000 - $120,000
= $40,000
This $40,000 indicated the goodwill amount reported in its consolidated balance sheet
All other information which is given is not relevant. Hence, ignored it
Answer:
The amount of investment income is $52,000
Explanation:
Assets of $690,000
Liabilities of $230,000
Spoon's assets were equal except for land, which had a fair value $108,000 more than book value, and equipment, which had a fair value $80,000 more than book value.
Net income of $68,000
Paid dividends of $34,000
Proportionate share of reported income
Share in income from investment = 68000 × 100% = $68,000
Depreciation on equipment = (80,000 ÷ 5) = ($16,000)
Amount of investment income = $68,000 - $16,000
= $52,000
Answer: $24
Explanation:
Given the following :
Total product for first worker hired = 24
Total product when two workers are hired = 32
Product price = $3 per unit
The marginal revenue product of a worker is equal to the product of the marginal product of labor (MPL) and the marginal revenue (MR) of output.
Marginal revenue product of second worker:
The marginal product of labor :
Change in output when additional labor is added
Therefore, change in product when worker increases from one to two workers ;
32 - 24 = 8 products
Marginal product of labor * product price
8 * $3 = $24
Answer:
The dimensions for the entire area will give the cheapest cost for the entire fence are 40 feet in front, 100 feet on each side, and 40 feet on bottom.
Explanation:
Since Mrs. Jones always wanted a white picket fence in front of her house, and Mr. Jones, her husband, wants a fence around the entire house including a decently-sized lawn in the front and a garden in the back, and the fence border should look like a rectangle, and I have calculated that he would need to fence off an area of 4,000 square feet in order to fit all these things, and he wants to appease his wife and at least build the white picket fence in front of the house, and he plans to build the rest of the fence with chain link, a cheaper material, given that a white picket fence costs $ 7 per foot and a chain link fence costs $ 4 per foot, to determine what dimensions for the entire area will give the cheapest cost for the entire fence, the following calculation should be performed:
Area of a rectangle = base times height = Z x Y = 4,000
80 x 50 = 4,000
40 x 100 = 4,000
20 x 200 = 4,000
20 x 7 x 2 + 200 x 4 x 2 = X = 280 + 1600 = 1880
40 x 7 x 2 + 100 x 4 x 2 = X = 560 + 800 = 1360
80 x 7 x 2 + 50 x 4 x 2 = X = 1120 + 400 = 1520
Therefore, the dimensions for the entire area will give the cheapest cost for the entire fence are 40 feet in front, 100 feet on each side, and 40 feet on bottom.
