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3 years ago

What is significant about Rome's location?

2 answers:

7 0

Depending on what subject you're talking about, it could be anything.

If you're talking about history~
then you're no doubt talking about ancient Rome, of course this being a highly successful ancient city, I believe it used the nearby bodiesof water for trade and such.

sorry if this isn't the answer you're looking for.

stira [4]3 years ago

3 0

Hello.

The answer is: its on a peninsula.

Its surrended by water so it was easy to trade and it is beside the Tiber and Mediterranean sea. It is also used to get large amounts of lands.

have a nice day

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Write a team consensus response of 525 to 700 words to include the following: • Provide detailed rational of why goodwill must b

grin007 [14]

1)Provide detailed rational of why goodwill must be adjusted for impairment

U.S. generally accepted accounting principles (GAAP) require companies to review their goodwill for impairment on an annually basis at a reporting unit level. Events that are considered as the main causes of goodwill impairment include deterioration in economic conditions, increased competition, loss of key personnel, and regulatory action

Explanation:

1)Provide detailed rational of why goodwill must be adjusted for impairment

2) List the tests for impairment. 

Impairment test is an accounting procedure carried out to find out if an asset is impaired( i.e. whether the economic benefits that the asset embodies have dropped drastically.)

As per US GAAP, if the carrying value of an asset exceeds the sum of undiscounted expected cash flows of an asset, the asset is impaired

3)Explain the meaning of a non cash impairment charge

A non-cash charge is a accounting expense that does not involve a cash payment.

(Depreciation, amortization, depletion, stock-based compensation, and asset impairments are common non-cash charges that reduce earnings but not cash flows)

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3 years ago

George retired from a local law firm and then volunteered to oversee a nonprofit's legal records. george is performing the dutie

motikmotik

Hello

George retired from a local law firm and then volunteered to oversee a nonprofits legal records. George is performing the duties of a corporate secretary

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4 0

3 years ago

ABC uses the conventional retail method to determine its ending inventory at cost. Assume the beginning inventory at cost (retai

Licemer1 [7]

Answer:Ending Inventory at Cost= $981,248.40

Explanation:

Cost Retail

Beginning inventory $393,500 $594,000

purchases $3,408,000 $5,193,600

freight in $159,500,

net markups $414,000

Total $3,961,000 $6,201,600

Sales $4,666,000

Ending Inventory at Retail:=(Beginning inventory + purchases +net markups - Sales during the current year

594,000 + $5,193,600 + $414,000- $4,666,000, = $1,535,600

Cost to Retail Ratio:( Beginning inventory + purchases+freight in)/ (Beginning inventory + purchases +net markups )

=($393,500 + $3,408,000 +$159,500,) ÷ (594,000 + $5,193,600 + $414,000) =$3,961,000/$6, 201, 600= 0.638= 0.639

Ending Inventory at Cost: Ending Inventory at Retail x Cost to Retail Ratio

$1,535,600 x 0.639 = $981,248.40

8 0

3 years ago

Thad Joslin was judged at fault in an automobile accident. Three others were awarded damages of $147,000, $79,000, and $74,000.

OverLord2011 [107]

Answer:

The amount that would not be covered by Thad Joslin insurance is $50,000

Explanation:

Thad has a 100/300 bodily injury liability coverage, this implies that he has a coverage of $100,000 bodily injury liability insurance per person and $300,000 total bodily injury liability insurance per accident. However, his insurance policy does not make provision for or cover the $50,000 property damage liability per accident. Therefore, Thad Joslin would have to pay for it.

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3 years ago

Dole, the sole owner of Enson Corp., transferred a building to Enson. The building had an adjusted tax basis of $35,000 and a fa

faust18 [17]

Answer:

C. $40,000

Explanation:

For computing the amount of the gain recognized, first we have to calculate the gain recognized based on the adjusted basis

= Cash received + fair market value of the stock - adjusted cash basis

= $40,000 + $60,000 - $35,000

= $100,000 -$35,000

= $65,000

But the cash is received for $40,000. So, only $40,000 of gain would be recognized. As in the case of transfer, if the amount is received other than the stock so the amount which is received is recognized as a gain i.e $40,000

4 0

3 years ago