The price of a swimming pool has been discounted 16.5%. the sale price is $1152.30. find the original list price of the pool.

You purchase another company for $50m. The company you purchase has assets with a fair value of $75m and liabilities with a fair

Crazy boy [7]

Answer:

b. $5m

Explanation:

If we purchase another company for $50m and the company you purchase has assets with a fair value of $75m and liabilities with a fair value of $30m. The amount of goodwill we should record in this transaction is: $5m

Goodwill upon acquisition of companies is derived by subtracting the fair value of NET ASSETS from the TOTAL CONSIDERATION (i.e the price paid to acquire the company)

In the scenario, the value of Net Assets is the value of the fairvalue of the assets less the fair value of the liabilities which is $75 - $30 = $45

While the Total Consideration = $50

Therefore Goodwill = $50m - $45m = $5m

5 0

3 years ago

Although the lines are blurring, the "many-to-many" media transmission function is largely the domain of ___.

elena-s [515]

Answer: digital content transmitted online.

Explanation: This is a new type of communication that allows users to communicate with large audiences online simultaneously. This is done using social media platforms. This is often done in 2 ways: a platform where the audience can watch and react in real time, or a platform where the audience can only watch and listen. During a many - to - many transmission, of the people participating, each individual can post a message and each individual can receive the message. An example of this on social media right now is Instagram live.

6 0

3 years ago

When cash outflows temporarily exceed cash inflows, banks are most likely to experience:

Musya8 [376]

C. a negative duration on it's assets.

3 0

3 years ago

A company reported that its bonds with a par value of $50,000 and a carrying value of $57,000 are retired for $60,000 cash, resu

kherson [118]

Answer:

b.$60,000 outflow.

Explanation:

Cash flows from financing activities

Retiring value of bonds for cash -$60,000

Cash flow from financing activities -$60,000

Since the cash flow statement records only cash transactions. So in the given case, the bonds are retired for $60,000 in cash that reflects the cash outflow and the same is to be presented on the financial statements

3 0

3 years ago

This information relates to Ayayai Real Estate Agency.

posledela

Answer:

Oct. 1

Dr Increase Assets

Dr Cash $29,100

Cr Increase stockholders'equity

Cr Common stock $29,100

Oct. 2

Dr No Effect

Dr No Effect $0

Cr No Effect

Cr No Effect $0

Oct. 3

Dr Increase Assets

Dr Office furniture $3,610

Cr Increase Liabilities

Cr Accounts payable $3,610

Oct. 6

Dr Increase Assets

Dr Accounts receivable $10,000

Cr Increase Revenues

Cr Service revenue $10,000

Oct. 10

Dr Increase Assets

Dr Cash $130

Cr Increase Revenues

Cr Service revenue $130

Oct. 27

Dr Decrease Liabilities

Dr Accounts payable $600

Cr Decrease Assets

Cr Cash $600

Oct. 30

Dr Increase Expenses

Dr Salaries and wages expense $2,500

Cr Decrease Assets

Cr Cash $2,500

Explanation:

Preparation of the debit-credit analysis for each transaction.

Oct. 1

Dr Increase Assets

Dr Cash $29,100

Cr Increase stockholders'equity

Cr Common stock $29,100

(Being To record common stock)

Oct. 2

Dr No Effect

Dr No Effect $0

Cr No Effect

Cr No Effect $0

Oct. 3

Dr Increase Assets

Dr Office furniture $3,610

Cr Increase Liabilities

Cr Accounts payable $3,610

( Being To record purchase of office furniture)

Oct. 6

Dr Increase Assets

Dr Accounts receivable $10,000

Cr Increase Revenues

Cr Service revenue $10,000

( Being To record service revenue)

Oct. 10

Dr Increase Assets

Dr Cash $130

Cr Increase Revenues

Cr Service revenue $130

(Being To record service revenue)

Oct. 27

Dr Decrease Liabilities

Dr Accounts payable $600

Cr Decrease Assets

Cr Cash $600

(Being To record payment of office furniture)

Oct. 30

Dr Increase Expenses

Dr Salaries and wages expense $2,500

Cr Decrease Assets

Cr Cash $2,500

(Being To record salaries expense)

4 0

3 years ago