Answer:
The correct answer is letter "C": When both the fair value of a reporting unit and its associated implied goodwill fall below their respective carrying values.
Explanation:
Impairment Loss is the decrease in an asset's net carrying value that exceeds the future undisclosed cash flow it should generate. The net carrying value is an asset's acquisition cost minus depreciation. Impairment occurs when a company sells or abandons an asset that is no longer beneficial.
Thus, <em>a goodwill impairment loss is recognized when the goodwill's net carrying value is below its fair value and the expected cash flow it was to generate.</em>
Answer:
19.64%
Explanation:
The return on equity shall be determined through following mentioned formula:
Return on equity=Net profit/Equity
In the given question
Net profit=9.68%*$807,200=$78,136.96
Equity=Assets-Total Debt
=$1,105,100-64%($1,105,100)
=$397,836
Return on Equity=$78,136.96/$397,836
=19.64%
Answer:
Offer in-store wine and beer samples.
Explanation:
Promotional permit was established to allow a person promote sale of alcoholic beverages on behalf of the manufacturer. Such alcoholic beverage must however be sold on the premises of the licenced holder.
A promotional permit holder, according to the Texas Alcoholic Beverage Commission,which was established in 1935, may involve in the sales of alcoholic beverages in a state or premises of the license holder. It is to be noted that the license holder must qualify enough before being granted the permit and must also pay some fees before carrying on such activities.
Answer:
correct option is e. $1,232.15
Explanation:
given data
Future value = $1,000
Rate of interest = 5.5%
NPER = 19 years
annual coupon bonds = 7.5%
solution
We will use here Present value formula for get current price of the bonds.
so here PMT is
PMT = Future value × annual coupon bonds ................1
put here value
PMT = $1,000 × 7.5%
PMT = $75
The formula we use in excel = -PV(Rate,NPER,PMT,FV,type)
so we will get here
after solving we get current price of the bond is $1,232.15
correct option is e. $1,232.15
