Answer:
$0
Explanation:
The computation of the annual amortization for goodwill is shown below:
As we know in the case of goodwill, the impairment test is to be done on periodic basis and if there is any fall in the value so the same is to be reported as the impairment loss
So for goodwill, no amortization is to be done
hence, the annual amortization is zero
A company that exists on different locations around the world I think.
(b) Statue of frauds
<span>Statue of frauds is generally the requirement of particular
contracts to be in writing and signed by all parties involved in an agreement.
In the context of real estate, the statue of frauds protects tenants from
unfair eviction or tenancy termination. Similarly, it protects property buyers from
sellers’ “change of mind” or refusal to sell the property on the grounds that
the seller obtained a higher offer price from another interested buyer. However,
there are exemptions to the statue of frauds which vary from state to state. </span>
Answer:
Explanation:
Interest Factors
<u>Periods 6% 7% 8% 9% 10% 11
%</u>
1 1.0600 1.0700 1.0800 1.0900 1.1000 1.1100
2 1.1236 1.1449 1.1664 1.1881 1.2100 1.2321
3 1.1910 1.2250 1.2597 1.2950 1.3310 1.3676
4 1.2625 1.3108 1.3605 1.4116 1.4641 1.5181
1)
Future value paying simple interest = Principal + [( principal * interest) * investment period]
Future value paying simple interest = $2,000 + [ ( $2,000 * 9%) * 3]
Future value paying simple interest = $2,000 + 540
Future value paying simple interest = $2,540
2)
Future value paying compound interest = Present value * ( 1 + interest)n
Future value paying compound interest = $2,000 * ( 1 + 0.09)3
Future value paying compound interest = $2,000 * 1.295029
Future value paying compound interest = $2,590.058
3)
Difference = $2,590.058 - 2,540
Difference = $50.058
Answer: B) demand determined.
Explanation:
If the supply of a good is fixed or the product is of a unique kind, the price of the good will be determined by the amount of demand for it.
Normally supply can change based on the quantity demanded which will impact prices but if the supply is definite, this means that the supply curve is inelastic and the only curve that can affect price therefore is the demand curve.
If more people demand the good, it will increase in price and if less people demand it, it will fall in price.
