<span>the exclusive possession or control of the supply or trade in a commodity or service.</span>
Answer:
The answer is: The original group of lottery winners was made up of 5 people.
Explanation:
The total prize amount was $35,000,000 with each original winning ticket holder earning $7,000,000.
$35,000,000 / 5 = $7,000,000 for each winner
When 2 more winning ticket holders show up, the total prize has to be redivided to include them.
$35,000,000 / 7 = $5,000,000 for each winner
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:
C
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
By choosing to produce one pound of butter, Alpha is forgoing the opportunity to produce one more pound of cheese
Opportunity cost = 30/15 = 2
I think manipulation. Sorry if it’s wrong