Answer:
Option D ($100,000) is the correct choice.
Explanation:
Given:
Fair value of Assets,
= $800,000
Fair value of liabilities,
= $300,000
Consideration amount,
= $600,000
Now,
The net assets of subsidiary will be:
=
=
=
hence,
The goodwill will be:
=
=
= ($)
Answer:
a business has no customer complaints.
Explanation:
the fact that the business has no customer complaints means that it's doing a good job.
Answer:
Saving account
Explanation:
A savings account is an interest-bearing deposit account held at a bank or other financial institution. Though these accounts typically pay a modest interest rate, their safety and reliability make them a great option for parking cash you want available for short-term needs.
<h2>PLEASE MARK ME AS BRAINLIEST </h2>
Answer:
The correct answer is True.
Explanation:
When an intoxicated person enters into a contract, the contract can either be enforceable, meaning held to the fullest extent of the law, or voidable by the intoxicated person. The court will look at two criteria that need to be present in order to make the contract voidable:
-
The intoxication was severe enough that the person entering into the contract was incapacitated.
-
The other party was aware of the intoxication at the time.
A voidable contract, in this instance, is one in which the intoxicated party can end the agreement under certain terms. To expand on the criteria above, in order for the intoxicated person to void the contract, there needs to be adequate proof that one of the following occurred:
-
The intoxicated person consumed enough alcohol or drugs to cause impairment in thinking sufficient enough that he could not understand the legal ramifications of entering into the contract.
-
The other party to the contract knew of the intoxication.