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anastassius [24]
3 years ago
10

One company acquired another in a transaction in which $100,000 of the acquisition price is assigned to goodwill. Several years

later, a worksheet is being produced to consolidate these two companies. How is the reported value of the goodwill determined at this date?
Business
1 answer:
guajiro [1.7K]3 years ago
6 0

Answer:

How is the reported value of the goodwill determined at this date?

The amount of the goodwill must remain the same unless it is affected by the sale of a business unit that originated with the goodwill

Explanation:

Lambert's loan payable and the receivable held by Jenkins are intra-entity accounts. The consolidation process offsets these reciprocal balances.

The $100,000 is neither a debt to nor a receivable from an unrelated (or outside) party and is, therefore, NOT REPORTED in consolidated financial statements.

Any interest income/expense recognized on this loan is also intra-entity in nature and must likewise be eliminated

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What increases the competitive pressures associated with the threat of entry?
Archy [21]

Answer: E. When newcomers can expect to earn attractive profits

Explanation:

The Threat of Entry refers to the threat that companies that are already in the market face from companies that are looking to enter the market.

If the market is so profitable that newcomers can expect to make attractive profits, a lot of companies will come into the market to make said profits which will increase the competition in the market.

5 0
4 years ago
The cross-price elasticity of demand measures the absolute change in the quantity demanded of one good divided by the absolute c
lisov135 [29]

Answer:

percentage change in the quantity demanded of one good divided by the percentage change in the price of another good.

Explanation:

Demand cross-elasticity is the measure of the relative change in the quantity demanded for a good or service (A) as a function of a certain relative change in the price of another good or service (B) considered to be a substitute for or complementary to the first (A). For example, how much would increase the amount of margarine demanded if there was an increase in the price of butter. The formula for calculating the cross elasticity of demand consists in dividing the relative change in the quantity demanded of a good divided by the relative change in the price of the substitute good.

7 0
3 years ago
In the past 20 years the United States has entered into several "free trade agreements." The commonality of these free trade agr
Wewaii [24]

Answer:

A specific trade agreement would be the US - Colombia trade agreement, which was signed on 2006.

Explanation:

This trade agreement reduced 80% of tariffs that used to applied to goods exported from the U.S. to Colombia, and from Colombia to the U.S.

The agreement benefits consumers in both countries because it allows each country to specialize in the production of those goods that they do best, for example, coffee in the case of Colombia, and industrial goods in the case of the United States.

However, because the United States is a much more powerful country, with a higher level of development, consumers in the US have benefited more than Colombian consumers.

8 0
4 years ago
Increasing the focus on employee development can also increase employee beliefs that microsoft values their contributions, creat
kolezko [41]

Increasing the focus on employee development can also increase employee beliefs that Microsoft values their contributions, creating received organizational support.

What is known as employee development?

Employee development is the process of improving the existing competencies and skills of employees and developing new ones to support the organization's goals.

The following finer points of interest are contained in this definition:

  • Employee development is not just about developing organizational L&D strategies
  • It's more than just mandatory employee training
  • It goes far beyond annual meetings with employees to discuss their shortcomings and highlight needs for improvement
  • When done right, even though employee development requires investment (time, effort, and funding) from the company, those investments will more than pay off in the long run.

To learn more about employee development, refer to:

brainly.com/question/21506950

#SPJ4

3 0
1 year ago
Theresa owes $9,000 on her car loan. If the value of her car is $15,000, what is her equity in the car?
pentagon [3]

Answer:

Theresa has $6,000 in equity.

Explanation:

To get this answer, you take the value of her car ($15,000) and subtract the amount that she owes from it ($15,000-$9,000). This gives you $6,000.

Hope this helps!

7 0
3 years ago
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