Answer:
Prospecting.
Explanation:
This is known to be the first step that is been taken in a bid to get potential customers in a marketing process. Its made by of these marketers is firstly to qualify a recipient as a prospect and is other cases, someone who may have a need for your business products or services, or not. Its goal of is to develop a database of likely customers and then systematically communicate with them in the hopes of converting them from potential customer to current customer.
Complete question:
A company pays $70 million in cash to acquire 70% of the voting stock of another company. The fair value of the non controlling interest at the date of acquisition is $25 million, and the book value of the acquired company is $20 million. There are no revaluations of the acquired company’s identifiable net assets. Goodwill allocated to the non-controlling interest is:
REQUIRED: Assuming U.S. GAAP is used.
a. Calculate the total goodwill
b. How much goodwill is allocated to the controlling interest? What percent of goodwill is allocated to the controlling interest?
c. How much goodwill is allocated to the non-controlling interest? What percent of goodwill is allocated to the non-controlling interest?
Solution:
a. Total goodwill = $70 million + $25 million - $20 million = $75 million
b. Goodwill to the controlling interest = $70 million - (70% x $20 million)
= $56 million Goodwill percent to the controlling interest = 75%
c. Goodwill to the non-controlling interest = $75 million - $56 million
= $19 million Goodwill percent to the non-controlling interest = 25%
Answer:
20,625 units
Explanation:
Calculation for the equivalent units of production
Using this formula
Equivalent units of production=Units completed+Ending work in process inventory
Let plug in the formula
Equivalent units of production=12,500+(12,500×65%)
Equivalent units of production=12,500+8,125
Equivalent units of production=20,625 units
Therefore the equivalent units of production for the month is 20,625 units.
... are called renewable resources
Sorry don't know the answer but keep up the good work
