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Lelu [443]
3 years ago
14

G MC Qu. 87 When is a goodwill impairment loss... When is a goodwill impairment loss recognized?

Business
1 answer:
marin [14]3 years ago
6 0

Answer:

Goodwill impairment occurs when a company decides to pay more than book value for the acquisition of an asset.

An impairment is recognized as a loss on the income statement and as a reduction in the goodwill account. The amount of the loss is the difference between the current fair market value of the asset and its carrying value or amount.

Explanation:

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A bond with a face value of $ 90000 and a quoted price of 104 has a selling price​ of: (Round your final answer to the nearest​
Alecsey [184]

Answer:

A. $93,600

Explanation:

Data provided as per the question below:-

Face value = $90,000

Quoted price = 104

The computation of selling price is shown below:-

Selling Price = Face value × Quoted price ÷ 100

= $90,000 × 104 ÷ 100

= $90,000 × 1.04

= $93,600

Therefore for computing the selling price we simply applied the above formula.

3 0
3 years ago
Jacko Inc. hired you as a consultant to help estimate its cost of capital. You have been provided with the following data: D0 =
Valentin [98]

Answer:

Jacko Inc Costo fo Capitak8.15%

Explanation:

From the gordon model for stock valuation

\frac{divends}{return-growth} = Intrinsic \: Value

<em><u>we clear and solve for cost of equity </u></em>

\frac{divends}{Price} = return-growth

\frac{divends}{Price} + growth = return

$Cost of Equity =\frac{D_1}{P} +g

D1 = D0(1+g)= 0.8 (1.08) = 0.0864

P 57.5

g 0.08

$Cost of Equity =\frac{0.0864}{57.5} +0.08

Ke 0.081502609 = 8.15%

5 0
4 years ago
Explain how farmers' economic choices were affected by the scaricity of the resources.
oksano4ka [1.4K]

It means that the demand for a good or service is greater than the availability of the good or service. Therefore, scarcity can limit the choices available to the consumers who ultimately make up the economy. Scarcity is important for understanding how goods and services are valued.

<h3>How has scarcity forced you to make economic choices?</h3>

Scarcity forces all of us to make choices by making us decide which options are most important to us. The principle of scarcity states that there are limited goods and services for unlimited wants. Thus, people need to make choices in order to satisfy the wants that are most important to them.

<h3>What is scarcity of resources?</h3>

Scarcity in economics refers to when the demand for a resource is greater than the supply of that resource, as resources are limited. Scarcity results in consumers having to make decisions on how best to allocate resources in order to satisfy all basic needs and as many wants as possible.

To learn more about Scarcity , refer

brainly.com/question/1888324

#SPJ4

3 0
2 years ago
Nessca corp. manufactures electronic gadgets. it instructs its marketing team to competitively advertise and promote its gadgets
Natasha2012 [34]

I guess the correct answer is be inward looking, focusing on selling what the firm makes.

Nessca Corp. manufactures electronic gadgets. It instructs its marketing team to competitively advertise and promote its gadgets. The company, instead of believing in market research, believes that the market will absorb more products if customers are made aware of the products. The workforce of Nessca Corp. is most likely to be inward looking, focusing on selling what the firm makes.

4 0
4 years ago
Read 2 more answers
The Darwin Company reports the following information that occurred during the current period: Sales commissions expense $15,600
Kamila [148]

Answer:

$31,800

Explanation:

All Non Manufacturing expenses are treated as Period costs. Period Costs are expensed in Income Statement.

<u>Calculation of Total Period Costs</u>

Sales commissions expense                            $15,600

Administrative office supplies                            $7,300

Administrative Office salaries expense            $8,900

Total                                                                   $31,800

Conclusion

The total costs that will be expensed when incurred on the income statement for the period is $31,800.

8 0
3 years ago
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