you are shown a coin that its owner says is fair in the sense that it will produce the same number of heads and tails

What is goodwill in a business sale and why is it amortized in the business financial statements

astra-53 [7]

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.

7 0

2 years ago

Which of the following should be shown on a statement of cash flows under the financing activity section? Group of answer choice

Viktor [21]

Answer: a decrease in accounts payable

Explanation: Financing practices are long-term obligations and equity sales or market incidents. In other terms, financing practices are arrangements with shareholders or creditors that are used to finance business activities or developments.

Financing activities illustrate how an outside agency is financing its programs and enhancements. There is no internal funding involved. Hence from the above we can conclude that the correct option is D.

5 0

2 years ago

Suppose a tax of $5 per unit is imposed on a good, and the tax causes the equilibrium quantity of the good to decrease from 200

Burka [1]

1-¿Dónde se desarrolla la acción? ( País, zona urbana o rural)

Vancouver, Columbia Británica en minessota

2-¿ Por qué se llama así la protagonista?

3-¿Con quién convive? ¿ a qué se dedica?

Con su padre y su madrastra

4-¿ Qué mueble aparece al principio, el cual tiene su importancia en la

trama?

5-¿ Qué es lo primero que piensa hacer la protagonista cuando se entera

de que está embarazada? ¿ por qué se echa para atrás?

6-¿Dónde busca a la pareja para adoptar a su hijo?

7- Cuando está en casa de la pareja, la abogada le habla de

“compensaciones” ¿ a qué crees que se refiere?

8-¿Qué es la maternidad subrogada? ¿es legal en España? ¿ y en Estados

Unidos? Infórmate al respecto. ¿ qué famosos españoles están ahora en

juicio por un caso de paternidad subrogada?

9-¿Cómo es la relación de Juno con el marido de la futura madre de su

hijo? ¿Qué personalidad tiene este personaje ( el marido)? ¿ qué acaba

haciendo?

10- ¿Qué te parece el personaje del chico que deja embarazada a Juno?

¿Cómo acaba su relación con él? ¿ Qué crees que harías en una situación

parecida?

3 0

2 years ago

May a broker subtract desk expenses from an independent contractor's commission check?

Pavel [41]

Sales representatives and brokers should work under a signed labor agreement that may or may not permit broker deductions.

How Do Brokers Work?

A broker is a person or business that stands between a potential investor and a securities exchange. Individual traders and investors require the services of exchange members since securities exchanges only accept orders from people or companies who are members of that exchange.

Brokers offer that service and are paid in a variety of methods, including commissions, fees, or payments from the exchange itself. To assist investors in deciding which broker is best for them, Investopedia routinely examines all of the major brokers and keeps a list of the top online brokers and trading platforms.

to know more about broker

brainly.com/question/17011472

#SPJ4

7 0

10 months ago

Michael Mirer worked for Dawson Company for six months this year and earned $11,200. The other six months he earned $6,900 worki

hichkok12 [17]

Answer:

(a)Dawson Company $42.00

(b)McBride Company $41.40

Explanation:

The amount of FUTA taxes to be paid on Mirer's wages by the two companies are:

(a)Dawson Company $42.00

(7000*0.6%) = $42.00

(b)McBride Company $41.40

(6900*0.6%) =$41.40

7 0

2 years ago