Give one advantage and one disadvantage for a Market Economy.

Ajax is reviewing its previous 100% acquisition of Baxter to determine if there is goodwill impairment. At December 31, 2020 Aja

Sedaia [141]

Answer:

Baxter

The amount of the Goodwill write-off required to be booked by Ajax at December 31, 2020 under the FASB rules effective in 2020 is:

= $130,000.

Explanation:

a) Data and Calculations:

Recorded Goodwill = $330,000

Book value of net assets = $400,000

Book value of all assets = $730,000 ($400,000 + $330,000)

Estimated fair value of company = $600,000

Goodwill impairment = $130,000 ($730,000 - $600,000)

b) The Goodwill impairment of $130,000 arose when the book value or the carrying amount exceeded the estimated fair value.

7 0

3 years ago

hich two of the following is are examples of an employee behaving in a way that confirms the theories of elton mayo?

RideAnS [48]

"A copywriter at an ad agency writes detailed copy for Internet advertisements. It is an intense, grueling job—the copywriter usually writes copy for up to 50 ads a day. Although he received little feedback, he feels pride in his work and continues to be motivated to do a good job."

"An environmental engineer working for a solar panel company runs experiments determining the capacity of smaller solar panels made out of different types of materials. She submits her results to her supervisor along with her opinion on the economic value of each type of panel but is not informed if her work results in products that are successfully sold in the market."

These employee behavior confirm the theories of Elton Mayo

To know more about Elton Mayo click below:

brainly.com/question/18636366

#SPJ4

3 0

1 year ago

Corporate owners earn a return ________. A. through interest earnings and earnings per share B. through capital appreciation an

TEA [102]

Answer:

C. By realizing gains through increase in share price and cash divideneds.

Explanation:

For most corporations, the management must strive to ensure the firm is doing well in the market space. Once a company is doing well, it will affect its share price positively on the stock exchange.

An increase in the share price of fim is a gain to the firm and its corporate owners. I.e sharedholders. This means that the value of their investment in the firm has appreciated.

Furthermore, the firm must try to make profit which is one of the reason of being in business. A firm that is making profit will be able to declare same at the end of the financial period, hence corporate holders(shareholders) would be have part in profit declaration through dividened.

7 0

3 years ago

The most common service provided by a real estate agent when selling your home is

aleksandrvk [35]

The answer is A. Providing legal advice

7 0

3 years ago

New Town Instruments is analyzing a proposed project. The company expects to sell 1,600 units, ±3 percent. The expected variable

SOVA2 [1]

Answer:

What is the sales revenue under the worst-case scenario?

$ 125,032

Explanation:

Initial Escenario

TOTAL Income Statement Unit Quantity

$ 1,035,200 Total Net Sales $ 647 1.600

-$ 352,000 Variable Cost $ 220

-$ 64,000 Depreciation Expenses

$ 619,200 Contributing Margin

-$ 438,000 Anual Fixed Costs

$ 181,200 Segment Margin

Worst Case Escenario

Quantity fall 3% from 1,600 to 1,552

Price Fall 2% from $647 to $634

Variable Cost Increase 2% from $220 to $224

Anual Fixed Cost Increase 2% from $438,000 to $446,760

Depreciation Expenses maintained at the same level.

TOTAL Income Statement Unit Quantity

$ 984,061 Total Net Sales $ 634 1.552

-$ 348,269 Variable Cost $ 224

-$ 64,000 Depreciation Expenses

$ 571,792 Contributing Margin

-$ 446,760 Anual Fixed Costs

$ 125,032 Segment Margin

0 0

3 years ago