1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ulleksa [173]
3 years ago
15

On January 1, 2019, Ellen Greene Company makes the following acquisition.

Business
1 answer:
KiRa [710]3 years ago
7 0

Answer:

The interest expense should be recognized on the zero-interest-bearing promissory note is 22.000

Explanation:

Interest expense = (Fair value of the land * Interest rate)

Supposing a interest rate of 11% we get:

Interest expense = 200.000 * 11% = 22.000

You might be interested in
Occurs when several groups, that are largely independent in their functions, collectively contribute to a common output
iren2701 [21]

Pooled interdependence

3 0
3 years ago
Julie plans on taking out student loans to pursue her college education in teaching. Should Julie take out a private loan or a f
Romashka [77]
<span>The answer to this question is letter A.

Julie plans on taking out student loans to pursue her college education in teaching. Julie should take out  a federal loan because </span>federal loans are more forgiving than private loans. Therefore she should take a federal loan because she may qualify for loan forgiveness.
7 0
3 years ago
TravelLite and FareLine compete as online travel agencies. Historically, TravelLite has focused more on flights, whereas FareLin
DENIUS [597]

Answer:

16.80% and 39.43%

Explanation:

The formula to compute the net profit margin is shown below:

Net profit margin = Net income ÷ Total revenues × 100

For Travel lite, the net profit margin is

= $1,080 ÷ $6,430 × 100

= 16.80%

And, for fare line, the net profit margin is

= $3,020 ÷ $7,660 × 100

= 39.43%

By dividing the net income or net profit by the total revenues we can get the net profit margin or we can say it is profit percentage that is earned by the company

It is always expressed in percentage

6 0
4 years ago
Which of the following statements is CORRECT?
Tatiana [17]
The answer is E. i might be wrong
3 0
4 years ago
Elizabeth Pie Company has been in business for 50 years and has developed a large group of loyal restaurant customers. Giant Bak
Zolol [24]

Answer:

goodwill = $195,000

Explanation:

goodwill = offered purchase price - fair value of assets - fair value of patents = $5,100,000 - $4,600,000 - $305,000 = $195,000

Customer loyalty is part of a company's goodwill, so it will not be included in this calculation. Goodwill is the difference between the acquisition price of a company and the fair value of its assets.

5 0
3 years ago
Other questions:
  • Use the information below to answer the following questions. U.S. $ EQUIVALENT CURRENCY PER U.S. $ Polish Zloty .2994 3.3406 Eur
    8·1 answer
  • Which level indicates the point of maximum economic efficiency?
    10·1 answer
  • The rate of return is the _____.
    8·2 answers
  • In total There is 50 states just so you know
    10·1 answer
  • Hansen Construction, Inc., has consistently used the input method based on costs incurred to recognize revenue over time. During
    15·1 answer
  • Which of the following is a manufacturing cost?
    8·1 answer
  • With $5,100,000 Paul's will creates a trust with the following provisions: life estate to Jacob (Paul's son) and remainder to An
    8·1 answer
  • In the current year, Jeanette, an individual in the 24% marginal tax bracket, recognized a $20,000 long-term capital gain. Also
    5·1 answer
  • What does pito mean kids said i look like a pito
    6·2 answers
  • Cheng is a district manager for a health insurance company. recent reports indicated that cheng's district was not performing as
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!