Answer:
Amount paid for goodwill=5.3 million
Explanation:
The expression for calculating goodwill is given by;
Goodwill = Consideration paid– Fair value of net identifiable assets
where;
Consideration paid=$12.5 million
Fair value of net identifiable assets=Midwest's assets-Midwest's liabilities
Midwest's assets=$8.5 million
Midwest's liabilities=$1.3 million
Fair value of net identifiable assets=(8.5 M-1.3 M)=7.2 million
Replace in the expression below;
Goodwill = Consideration paid– Fair value of net identifiable assets
Goodwill=12.5 M-7.2 M
Goodwill=5.3 million
Answer:
False
Explanation:
Buyers and Sellers do not physically see each other
Answer:
a) 8,000
b) Yes
c) -60%
Explanation:
a) 8,000
b) Yes
c) -60%
) 8,000
a.the trader puts up=20000(1000*50%*40)
he lost $10000(1000*$10)
if he trader pays $2000 in dividend
the remaining margin=20000-10000-2000
$8000
b.) margin rate=equity /liability
8000/50000*100%=
16% , so we have a margin call
c.Equity decreases from 20000 to 8000 in 1 year
return= -12000/20000=-0.60
=-60%
Give it time, be professional you are there for your job nothing else. Work is work. Home is home. It's just your boss have no feelings of bias.
It is called a jurisdiction.
