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IceJOKER [234]
3 years ago
10

Arizona Corp. acquired the business Data Systems for $320,000 cash and assumed all liabilities at the date of purchase. Data’s b

ooks showed Equipment of $260,000, Accounts Payable of $40,000, and Common Stock of $220,000. An appraiser assessed the fair market value of the equipment at $250,000 at the date of acquisition. Just prior to the acquisition, Arizona Corp. had $450,000 in Cash and Common Stock. At what value will Arizona required the equipment?
Business
1 answer:
Helen [10]3 years ago
8 0

Answer:

The Goodwill to be booked in Arizona Corp’s Balance Sheet if they purchase business Data System is $110,000

Explanation:

The different between the purchased price and the fair market value is called "Goodwill"

The fair market value of business Data System = fair market value of assets – fair market value of liabilities = $250,000 - $40,000 = $210,000  

The Goodwill = the purchased price - air market value

= $320,000 - $210,000 = $110,000

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The given statements are about monopolistic competition. Indicate whether each statement is true or false. A monopolistically co
Nuetrik [128]

Answer:

1. A monopolistically competitive firm may be able to distinguish itself from other firms by adjusting the physical attributes of its product, by offering a distinctive level of service, or by selecting a convenient location.- True

2.Product differentiation enables a monopolistically competitive firm to have some control over the price of its product- True

3.In the long run each monopolistically competitive firm produces a level of output that results in allocative efficiency.- False

4. In the long run each monopolistically competitive firm produces a level of output that results in productive efficiency- False

5.To maintain a competitive edge and earn economic profits, a monopolistically competitive firm has an incentive to improve its product. -True

6. Compared with purely competitive markets, under monoplistic competition consumers with a diversity of tastes can benefit from the opportunity to choose from a greater range of products and services. -True

7.In order to maximize its profits, each monopolistically competitive firm must determine the price of its product, how to differentiate its product, and how much it will spend on advertising.True

Explanation:

3 0
3 years ago
What amount of cash would result at the end of one year, if $15,000 is invested today and the rate of return is 8%
Leona [35]

Answer:

Amount of cash at the end of one year is $16,200

Explanation:

Amount invested = $15,000

Rate of return = 8%

Amount at the end of one year = $15,000 + (0.08×$15,000) = $15,000 + $1,200 = $16,200

6 0
3 years ago
A bond is selling for 95% of par and has an annual coupon rate of 6% and will mature in five years. There are semi-annual coupon
Alex

Based on the selling price, the coupon rate, and the period, the yield to maturity will be <u>7.2%. </u>

<h3>What is the yield to maturity?</h3>

This can be found using a financial calculator or Excel worksheet.

Face value = 95% x 1,000

= $950

Coupon amount = 1,000 x 6% / 2 semi annual periods per year

= $30

Period = 5 years x 2

= 10 semi annual periods

Yield to maturity is = 3.6%

Annual yield to maturity:

= 3.6% x 2

= 7.2%

Find out more on yield to maturity at brainly.com/question/15172286.

4 0
3 years ago
What does an operating system do?
AlladinOne [14]
C: It tells the computer how to use the software.
3 0
3 years ago
Read 2 more answers
You win the lottery and decide to impress your friends by exhibiting a million-dollar cube of gold. at the time, gold is selling
Nitella [24]
<span>first calculate max weight possible in million dollar so = 1million /1282= 780.031201248 troy ounce= 24261.700468grams as volume=mass/density and density of gold is 19.32 so volume = 24261.700468/19.32= 1255.78159772 cubic cm length of side = volume^1/3 =1255.78159772^1/3= 10.788cm</span>
4 0
3 years ago
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