Answer:
1, Compass Point Wireless
Balance sheet (partial)
Current Liabilities: $
Accounts Payable 71,000
Interest Payable 17,000
Salaries Payable 10,500
Unearned Revenue 2,400
Current Portion of Bonds payable 24,000
Total current Liabilities $
124,900
Long term Liabilities $
Mortgage Payable 80,000
Bonds Payable 64,000
Premium on Bonds Payable 10,000
Total long term liabilities $154,000
Total liabilities = Total current Liabilities + Total long term liabilities
= $
124,900 + $154,000
= 278900
2. Debt Stockholders' equity Debt to equity ratio
278,900 160,000 1.74
Note: Debt to equity ratio = Debt / Stockholders' equity
Answer:
$275,000
Explanation:
Goodwill in business combination arises when the price paid in acquiring a business exceeds the fair value of the acquired business net assets . The fair value is used rather than the carrying amount to ensure fairness and an unbiased result
<u>Workings</u>
Purchase consideration = 250,000*15 =3,750,000
Percentage acquired = 100%
Fair value of net asset = 3,000,000+400,000+75,000= 3,475,000
Goodwill = 3,750,000=3,475,000 =275,000
Answer:
The correct answer is letter "A": Sales invoice.
Explanation:
In a Business-to-Business (B2B) transaction sales invoices are provided to record the goods or services exchanged between entities or the record the services rendered from one company to the other. The information included in the invoice reflects the details of the operation such as <em>good or service acquired, quantity, date, </em>and <em>price</em>. This feed could help businesses to predict the future behavior of the other entity or to provide profitable suggestions to them.
Answer:
Hold meeting with employees, volunteers and representatives of other local shelters and listen carefully as they brainstorm ideas.
Explanation:
A leader can be defined as an individual who motivates and inspires a group of people towards achieving a common goal. A good leader must possess the following characteristics:
1) A leader must be a good communicator, he/she must be able to deliver information to the group in an orderly manner.
2) A good leader must be able to inspires others.
3) A leader must lead with honesty.
4) A leader must be able to make good decisions.
5) A good leader should be able to account for his/her various activities.
Private good service. government goods service . import good service.export good service