Not paying attention to the road, listening to loud music (distracting), and TEXTING WHILE DRIVING. That is one of the leading causes of death.
Answer:
Goodwill = 25,000
Explanation:
Goodwill is an intangible asset, is the differential reflected in a consolidated balance sheet immediately after the business combination between the purchase price of a company and the fair market value of identifiable assets and liabilities. Goodwill is recorded when the purchase price is higher than the sum of the fair value of all identifiable tangible and intangible assets purchased in the acquisition and the liabilities assumed in the process.
In this case:
Goodwill = Purchse Price - Net assets fair value
Goodwill = 340,000 - 315,000
Goodwill = 25,000
The difference between the book value and fair value of the acquired company are adjustments to the amount presented in the consolidated balance sheet.
Answer:
Following are the solution to the given question:
Explanation:
Revenue before continuing business 585000
less:income tax -187000
Continuous business revenue 398,000
Operations stopped
Loss of non-compliance -75000
Less: Applicable drop in income tax from 25500 - 49500
net sales 348500
Popular inventory per share
Continued operating revenue ![[\frac{398000}{100000}] \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$3.98](https://tex.z-dn.net/?f=%5B%5Cfrac%7B398000%7D%7B100000%7D%5D%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%243.98)
Losses on disrupted businesses, tax net![[\frac{-49500}{100000}]](https://tex.z-dn.net/?f=%5B%5Cfrac%7B-49500%7D%7B100000%7D%5D)
Net-0.495
Net profits ![[\frac{348500}{100000}] \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 3.485](https://tex.z-dn.net/?f=%5B%5Cfrac%7B348500%7D%7B100000%7D%5D%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%20%5C%203.485)
