Answer:
Goodwill is:
The excess of the fair value of a business over the fair value of all net identifiable assets.
Explanation:
This definition of Goodwill implies that it is usually acquired by the purchaser of another business, when it pays a price higher than the fair market value of the other company's net assets. It is not a physical asset like property, plant, and equipment, but intangible.
Goodwill arises from a company's good reputation, loyal customers or clientele base, brand identity, talented workforce, and proprietary technology.
Goodwill does not have a definite life and under US GAAP and IFRS standards. Therefore, it is not amortized like other intangible assets but is evaluated for impairment every year.
Answer:
The correct answer is option (b) $831,000 net cash inflow.
Explanation:
Solution
Recall that:
Company miracle bought stock treasury with a cost of = $15,000
Dividends paid = $20,000
Bond issued =$ 866,000
Now,
The cash flow from financing activities is calculated as follows:
Bonds payable -Purchased treasury stock - Dividend paid
$866,000 - $15,000-$20,000
= $831,000
Therefore, The net cash flow is $831,000
Answer:
sort in descending order
Explanation:
Descending order means arranging from the largest to the smallest. It can also imply organizing from the oldest to the youngest. When numbers are sorted out using the descending order, the largest numbers will appear and the top, while the smallest will be at the bottom. April should sort using the descending order.
Answer:
The correct answer is letter "A": psychological.
Explanation:
The tendency individuals prefer larger objects while making purchases could reflect their <em>psychological </em>need for protection. Some people believe the bigger or the more of something the merrier. In certain aspects, it could be true since, for instance, having larger savings instead of expenses provides individuals more possibilities not to be critically affected by economic hardship. Though in some other aspects such as technology, day by day devices are smaller but their features are enhanced.
Thus, <em>as the perception of owning larger stuff is psychological, it is merely subjective.</em>
Answer and Explanation: The given case/scenario is true, since in this particular case the HR director tends to opt for recruiting methods under which the application will further reach a larger population. The recruiting method is done by contacting several professional association and thus outsourcing this task. This method is efficient and effective .
