1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Hitman42 [59]
3 years ago
10

The impairment rule for goodwill involves how many steps?(a)1(b)2(c)3(d)4

Business
1 answer:
Kobotan [32]3 years ago
7 0

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.

You might be interested in
U.S. exports create a:____.
alisha [4.7K]

Answer:

B) Supply of foreign currencies and a supply of dollars in the foreign exchange markets

Explanation: just search it up they don't demand for foreign currencies they supply of foreign currencies

5 0
3 years ago
How does competition influence the price of a good to either purchase or produce
Elan Coil [88]

It influence it by lowering the price and if it's by producing then people would want to go to the store that has more of the product that people want.

6 0
3 years ago
On November 1, Bahama National Bank lends $3.8 million and accepts a six-month, 6% note receivable. Interest is due at maturity.
babymother [125]

Answer and Explanation:

The journal entries are shown below:

a. Note receivable Dr $3,800,000

        To Cash $3,800,000

(Being the acceptance of the note is recorded)

For recording this we debited the note receivable as it increased the assets and credited the cash as it decreased the liabilities

b. Interest receivable Dr  $38,000

                 To Interest revenue  $38,000

(Being the interest revenue is recorded)

For recording this we debited the interest receivable as it increased the assets and credited the interest revenue as it increased the revenue

The computation is shown below:

= $3,800,000 × 6% × 2 months ÷ 12 months

= $38,000

,

7 0
3 years ago
Which of these is a good?
Llana [10]
<h2>A $4.00 for car wash is good</h2>

Explanation:

Option A: A fancy hair cut option is given but it is not associated with any of the price. So we cannot say it is good or worth for the money.  

Option B: It seems to be valid. But when we consider all the given options, there are better options than this.

Option C: Rusted means a brown layer formed on the body of the car. So we cannot say it is good. So this option too is invalid.

Option D: Normally car wash costs $10. It is worth to do a complete car wash with $4.00. This option is the best choice.

4 0
3 years ago
The _____ approach to management focuses on scientific methods, time and motion studies, and job specialization with the goal of
iren2701 [21]
Social is the answer
3 0
3 years ago
Other questions:
  • Larry owns a successful business called Super Car-Hire. He plans to sell it to Bob. Bob assumes that he can keep up the high rev
    8·1 answer
  • The Herfindahl-Hirschman Index is a measure of market power that focuses on:
    8·1 answer
  • What is the preferred order (highest preference to lowest preference) of the materiel solution alternatives outlined in the Defe
    6·1 answer
  • Excel Memory Company can sell all units of computer memory X and Y that it can produce, but it has limited production capacity.
    15·1 answer
  • The assets, liabilities, and equity account of a business, which are interrelated and interact with each other, represent:______
    5·1 answer
  • Why is it important to note the exact variety of fresh produce desired, instead of merely noting the type of item needed
    5·1 answer
  • On October 1, Oriole Corporation’s stockholders’ equity is as follows.
    7·1 answer
  • Action Quest Games Inc. adjusts its accounts annually. The following information is available for the year ended December 31, 20
    12·1 answer
  • What is the result of subtracting the project costs from the benefits and then dividing by the costs
    10·1 answer
  • condominiums usually require a monthly fee for various services. at $320 a month, how much would a homeowner pay over a period o
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!