Answer:
See below
Explanation:
Goodwill arises when is a business is acquired as a going concern. It is an intangible asset of a business. Goodwill represents the value of a company's customer base, its location, any patents, and the brand name. It consists of the value of suppliers, customers, and employee relationships that facilitates the smooth running of the business.
The value of goodwill is the difference between the purchase price and the net cost of its tangible and other intangible assets of a business. Amortization of goodwill means spreading the cost of goodwill to several financial years.
Goodwill is amortized because the business benefits from the goodwill for many years. In other words, the expenditure on goodwill will profit the company in more than one financial year. As per the matching principle, expenses and incomes should be recognized in the period they occur. As benefits will be enjoyed in many years, the expenses should also be spread in similar years.
Answer: the correct answer is $128,000
Explanation:
$20,000 (overtime pay) + ($ 360,000 / 10*3). Biweekly salaries are
$360,000 and the week has 5 days that's why we have to consider a biweekly salary for 10 days and multiple that by 3 days.
$20,000 + $108,000 = $128,000
Answer:
C. respect
Explanation:
because he is respectful i met him
Answer: Company’s break-even point in unit sales is <em><u>3900 units</u></em>
Explanation:
Given :
Selling Price (SP) = $ 15.70
Variable expense per unit (VC) = $10.30
Fixed expense = $21,060
Now,
Contribution per unit = SP - VC = $15.70 - $10.30 = $5.40
Break-even point in unit sales is given as :
= 
= 21060/5.40
=3900 units
