Answer:
A joint stock company
Explanation:
A joint stock company is a business organisation that is owned jointly by all its shareholders. All the shareholders have a specific amount of stock in the company, which is represented by their amount of shares.
Advantages of joint stock company include:
1) Large amount of capital
2) Limited Liability
3) Stability of Existence
4) High Public Confidence
5) Increased tax Benefits
6) It greatly Promotes Savings and Investment
To calculate goodwill, the truthful cost of the assets and liabilities of the received commercial enterprise is added to the truthful value of the business's belongings and liabilities.
Calculation of goodwill gain and bargain purchase:-
Particulars Amount
Assets :
cash $ 23,000
property & equipment 85,000
internally developed patent 3,000
Total assets $ 111,00
Less: Liabilities ( 16000 )
Net assets of William co. $ 95,000
Purchase consideration paid $ 145,000
goodwill [ purchase consideration-net assets ] $ 50,000
The assets & Liabilities of the Acquiree are recorded at fair value in the books of the acquiree.
The excess of price over the honest cost of internet identifiable assets is called goodwill. Goodwill Calculation example: business enterprise X acquires organization Y for $2 million. whatever it pays above and past the internet fee of the target's identifiable assets turns into goodwill on the balance sheet.
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Information System (IS) is basically defined as a set or group of interrelated components that cluster, store, operate and disseminate information to backup and support conclusive decision making, and establish system control. A composition of fixed principles acting as basic truths and can remain constant regardless of any situation.
Provide Labor And Buy Goods
Unanimity is required by 48 states in capital murder trials
