Answer:
The accounting cost and the economic cost associated with Joe's computer software business is $75,00 and the $165,000 respectively.
Explanation:
The computation of the accounting cost and the economic cost is shown below:
Accounting cost = Other Expenses + Salary paid to himself
= $35000 + $40,000
= $75,000
Economic cost = Accounting cost + Salary expense + Rent expenses
= $75,000 + $65,000 + $25,000
= $165,000
Answer: the goodwill is $5000
Explanation:
We don't take into account $60,000 because we are going to use the fair value or the reasonable price.
Net assets = Assets-liabilities
Net assets = $98,000 - $23,000
Net assets= $75,000
Burrough Corporation pay $. 80,000 (We don't take into account $3000 paid to another firm)
So the goodwill pay is $80,000-$75000= $5,000
Answer:
E) none of the above
Explanation:
In the US, disparate impact cases generally apply to employment or housing practices where one or more minority groups are negatively affected more than other protected groups. Protected groups are based on gender, race, ethnic background, religion, etc. The difference between a disparate impact and a disparate treatment case is that disparate impact is generally involuntary, while disparate treatment is on purpose.
Answer:
c.$52,671
Explanation:
The computation of the cash proceeds to chang co is shown below;
But before that, we have to find the interest which is
= Issued amount × discount rate × number of days ÷ total number of days in a year
= $54,300 × 9% × 120 days ÷ 360 days
= $1,629
Now the cash proceeds are
= Issued amount - interest amount
= $54,300 - $1,629
= $52,671
hence, the correct option is c.
Answer:
He has lost the previous files as he has been replacing them.
Explanation:
When you save a file in your computer, you need to save it with a name that is different from the names of the other files you have in the computer. If you save file with the same name of another file, you will replace that file and will lose the information you had. So according to this, as Jack is saving all his work for the class with the name of the course, it means that he has saved everything with the same name and he has lost the previous files because everytime he saves a new file he replaces the previous one.
