Answer:
b. $2,000
Explanation:
The computation of the interest amount is shown below:
= Sale value of goods × rate of interest × (number of months ÷ total number of months in a year)
= $40,000 × 10% × (6 months ÷ 12 months)
= $2,000
The 6 months is calculated from June 30 to December 31.
So, the b option is correct and rest options are wrong.
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Answer: 2 steps
Explanation: While calculating impairment of goodwill following steps should be taken :-
1.In the first step the fair value of the goodwill is compared with its carrying value.
2. In the second step, if the fair value comes to be lower than the carrying value, then it is concluded that there is an impairment and then it is computed accordingly.
The answer for this question is a. lightning.
Lightning is an important phenomenon that plays a significant role in nitrogen fixation step in the nitrogen cycle. Lightning helps to "fix" the inert nitrogen present in the atmosphere by breaking nitrogen molecules and combining them with oxygen to form nitrogen oxides. The resulting compounds are then readily absorbed by rain then the soil.
