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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.

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1. The pre-emptive right of a common stockholder is the right toa. share proportionately in corporate assets upon liquidation.b.
FromTheMoon [43]

Answer:

<em>The pre-emptive right of a common stockkolder is the reight to share proportionately in any new issues of stock of the same class. Letter B</em>

Explanation:

The pre-emptive right is a right belonging to existing shareholders of a corporation to avoid a involuntary dilution of their ownership stake by giving them the chance to buy a proportional interest of any future issuance of common stock.

4 0
3 years ago
Rafner Manufacturing identified the following budgeted data in its two production departments. Assembly Finishing Manufacturing
miss Akunina [59]

Answer:

1. $53.75 per direct labor hour

2. $80.625 per machine hour

Explanation:

Total manufacturing overhead costs= $1112500+$500000  = $1612500

Total direct labor hours= 11000+19000=30000

Total machine hours= 5000+15000=20000

1.       Company’s single plantwide overhead rate based on direct labor hours

= Estimated overhead costs/Estimated direct labor hours

=$1612500/30000 =$53.75 per direct labor hour

2.       Company’s single plantwide overhead rate based on machine hours

= Estimated overhead costs/Estimated Machine hours

=$1612500/20000 =$80.625 per machine hour

3 0
3 years ago
Read 2 more answers
Pease Answer ASAP. I need help with sources to answer the following question:
cestrela7 [59]

Answer:

No, a college degree can help you earn a better salary but nothing is guaranteed. For example, someone with a college degree earns on average around $50,000 per year, while those with only a high school degree earn around $28,000 (that is almost half of a college graduate).

But the salary you earn is not guaranteed, it might be much higher or it might be zero. If you work hard you might get a raise pretty soon or you can get promoted, but if you are lazy then you can get fired.

The income classification is based on income, not on education. There are people who never graduated from college that are extremely rich, e.g. Bill Gates, Mark Zuckerberg, but they are not the majority. That is why they serve as examples so often. Most rich people actually do have a college degree, but they are rich not because of their college degree, but because of their work.

6 0
3 years ago
A Rhode Island company produces communion wafers for churches around the country and the world. The little company produces a lo
Furkat [3]

Answer:

80,640 wafers

Explanation:

Calculation to determine How many wafers does the cooling tube hold on average when in production

Using this formula

I = R x T

Where,

R = 112 wafers per second x 60

R = 6720 wafers per minute

T = 12 minutes

Let compute for I using the formula aboi

I = 6720 x 12

I = 80,640 wafers

Therefore How many wafers does the cooling tube hold on average when in production are 80,640 wafers

6 0
3 years ago
Critically explain Robbins definition of economics?​
arlik [135]

Answer:

In his landmark essay on the nature of economics, Lionel Robbins defined economics as. “the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses”

Explanation:

4 0
3 years ago
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