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Juliette [100K]
3 years ago
11

True or false: Under the specific charge-off method, a deduction for a bad debt is taken when the debt is determined to be worth

less.
Business
1 answer:
larisa [96]3 years ago
5 0
<span>it is true that under the specific charge-off method, a deduction for a bad debt is taken when the debt is determined to be worthless. </span>
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What is Average cost
Vladimir79 [104]
Arvrage cost is the total cost divided by the number of units.
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3 years ago
Company A purchases Company B. This is a 100% equity purchase which means that Company A acquires all of the Company B assets an
Drupady [299]

Answer:

Company A and Company B

Calculation of Goodwill on Acquisition:

= $212,433

Explanation:

a) Current market value of:

 Tangible physical assets = $1,234,567

  Intangible asset =                 $125,000

Total assets' value =            $1,359,567

less Liabilities:

  Operating =  $160,000

  Financial =     600,000      ($760,000)

Net value of assets =             $599,567

Purchase Price (Company B) $812,000

Goodwill                                  $212,433

b) Company A acquired Goodwill when it bought over Company B.  This is an intangible asset which is calculated by subtracting the net value of assets (the difference between the fair market value of the assets and liabilities) from the purchase price of the acquired subsidiary.

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3 years ago
From an economic point of view, which approach to controlling pollution is most efficient?
Elenna [48]

Answer:

B. Reduce pollution as long as the additional benefits are greater than the additional costs.

Explanation:

8 0
3 years ago
Distinguish between Private and Public Company???​
grigory [225]

Answer:

A Public Company is owned and traded publicly on the stock exchange. A Private Company is owned and traded privately. Limited can use after the public company name (Example- ABC Limited). Private Limited can be used after the private company name.

3 0
2 years ago
Read 2 more answers
Smiling Elephant, Inc., has an issue of preferred stock outstanding that pays a $6.40 dividend every year, in perpetuity. If thi
PilotLPTM [1.2K]

Answer:

The required return is 7.92%

Explanation:

Required return is defined as the minimum return which the investor expects to accomplish through investing in the project.

The required return would be computed as:

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where

Dividend paid each year is $6,40

Selling price per share amounts to 480.80 per share

Putting the values above:

Required return = $6.40 / $80.80

Required return = 7.92%

7 0
3 years ago
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