Answer:
c. $2.0 million for Lopes and by $2.5 million for HomeMax.
Explanation:
For the problem above, the two organizations agreed to work on a particular project because they believed that they will benefit from the outcome of the project. Based on the available information provided in the question, the profit that Lopes will make yearly will increase by $2.0 million while that of HomeMax will increase by $2.5 million.
D is the correct answer according to AREA Alabama Electric Co-ops
Answer:
due to elimination
income will decrease by $526000
Explanation:
Given data
Sales = $1180000
Variable expenses = $654000
Fixed expenses = $620000
to find out
incremental effect on net income
solution
we know here total sale is $1180000 and Variable expenses is $654000
so contribution if the division is dropped is sales - Variable expenses
put these value
contribution = 1180000 - 654000
contribution = 526000
so we say that due to elimination
income will decrease by $526000
Answer:
No goodwill impairment should be recognized by Orioles in 2018
Explanation:
Data provided in the question:
Goodwill related to the purchase = $741,000
Fair value of Special Products Division = $5,600,000
Goodwill existing on December 31, 2018 = $595,000
Now,
Here, the fair value of division including the goodwill i.e $5,600,000 is lower than the fair value of division excluding the goodwill i.e $595,000
Hence,
There will be impairment loss
Hence,
No goodwill impairment should be recognized by Orioles in 2018
Answer:
It would be 8 months and they each would have 52 games.
Explanation:
