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GuDViN [60]
3 years ago
11

Routing Solutions paid $ 206 comma 000 to acquire​ Tabletz, Inc., an electronic gadgetminusadvertising website. At the time of t

he​ acquisition, Tabletz's balance sheet reported total assets of $ 206 comma 000 and liabilities of $ 103 comma 000. The fair market value of​ Tabletz's assets was $ 206 comma 000. The fair market value of its liabilities was $ 103 comma 000. How much goodwill did Routing Solutions purchase as part of the acquisition of​ Tabletz?
Business
1 answer:
hichkok12 [17]3 years ago
5 0

Answer:

Goodwill is $103,000

Explanation:

The computation of the goodwill amount is shown below:

= Fair market value - net value

where,

Fair market value is $206,000

And, the net value equals to

= Total assets - liabilities

= $206,000 0 $103,000

= $103,000

Now put these values to the above formula  

So, the value would equal to

=  $206,000 - $103,000

= $103,000

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ExtremeBDS [4]

Answer:

Explanation:

The journal entries are shown below:

May 1 -  Cash A/c $3,800

                To Common stock A/c  $3,800

(Being stock is exchanged for cash)

May 3 -  Equipment A/c Dr $1,086

                  To Account payable A/c $1,086

(Being equipment purchased in credit)

May 13 - Rent expense A/c Dr  $410

                 To Cash A/c                      $410

May 21 - Accounts receivable A/c  Dr $500

                 To Service Revenue A/c                     $500

(Being the completed work recorded)

 

3 0
3 years ago
Process redesign: a. is the fundamental rethinking of business processes. b. is sometimes called process reengineering. c. tries
notsponge [240]

Answer:

e. All of these is the correct answer.

Explanation:

  • Process Redesign is an approach of rethinking and recreating the business processes to improve product quality, reduce cost and improve the output and also to bring improvements in the performance.
  • Process redesign involves the analysis of inefficient processes and finds out the ways to improve them and also analyze the business workflows and processes.
  • Process redesign is also called as process reengineering or business transformation.
4 0
3 years ago
When a project has a positive total slack, some activities can be ________ without jeopardizing completion of the project by its
Art [367]

Answer:

Delayed, accelerated

Explanation:

Total or aggregate slack, is the term which is defined for the activity, is the time that this activity could delayed without impacting on the final date of the project.

It can be computed as the:

Smaller value of Late finish - Early finish field

and

Late start - Early start field

So, when project has positive total slack, few activities delayed the completion of project and when the project has negative total slack, then few activities accelerated to finish the project.

4 0
2 years ago
If goods are sold on terms fob shipping point, the ________.
dsp73
<span>Buyer normally pays the transportation costs</span>
8 0
3 years ago
5. Which of the following is not true regarding proprietary funds? A) Enterprise funds are used by governments to account for se
Tanzania [10]

Answer:

The correct answer is D) The operation of internal service funds has no impact on other funds because it is run as a business and provides services that would have been purchased elsewhere by the other funds.

Explanation:

This is false because the operation of these funds represent a direct impact on other funds in the portfolio because they are related within the same business scheme and therefore transfer transactions (purchase and sale) of services corresponding to other portfolios or funds with guarantees and expectations of growth in the short term.

6 0
3 years ago
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