Answer: True
Explanation:
Public safety simply means the protection of the public or the safeguarding of people from disasters, crimes, and every other potential threats and dangers.
It should be noted that public safety I the responsibility of every government in the United States, and some community colleges provide training for some careers in public safety.
Therefore, the answer is true.
Answer:
b. $5m
Explanation:
If we purchase another company for $50m and the company you purchase has assets with a fair value of $75m and liabilities with a fair value of $30m. The amount of goodwill we should record in this transaction is: $5m
Goodwill upon acquisition of companies is derived by subtracting the fair value of NET ASSETS from the TOTAL CONSIDERATION (i.e the price paid to acquire the company)
In the scenario, the value of Net Assets is the value of the fairvalue of the assets less the fair value of the liabilities which is $75 - $30 = $45
While the Total Consideration = $50
Therefore Goodwill = $50m - $45m = $5m
The above exercise has to do with GDP Analysis. It contains a comparison between Real GDP and nominal GDP.
<h3>What is real GDP?</h3>
Real GDP refers to a version of GDP (Gross Domestic Product) that has been adjusted for the effects of price inflation.
Thus:
From 2007 Q4 through 209 Q2, the real GDP grew by - 3.98%. This was a negative growth.
This was computed by the following formula:
% Increase = (Amount representing increase/ Original Figure) x 100
That is : ((15,134.10 -15762.00)/15,762.00)*100
= -3.98363151884
≈-3.98
Learn more bout Nominal GDP at;
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Answer:
$3,400,000
Explanation:
The computation of the credit sales is shown below:
As we know that
Closing balance of accounts receivables = Opening balance of accounts receivables + Credit Sales - Bad debts written off - Cash collected from credit customers
$750,000 = $550,000 + credit sales - $460,000 - $4,060,000
$750,000 = $4,150,000 + credit sales
So, the credit sales is
= $4,150,000 - $750,000
= $3,400,000
Simply we applied the above formula
