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notka56 [123]
3 years ago
5

Pout Company reports assets with a carrying value of $420,000 (including goodwill with a carrying value of $35,000) assigned to

an identifiable reporting unit purchased at the end of the prior year. The fair value of the reporting unit is currently $350,000, and the carrying value of the net assets held by the reporting unit is $330,000. At the end of the current period, Pout should report goodwill of
Business
1 answer:
fiasKO [112]3 years ago
7 0

Answer:

Pout should report goodwill of $20,000

Explanation:

Pout Company's assets with a carrying value = $420,000

Goodwill = $35,000

Pout Company's net assets carrying value = 420,000-35,000 = $385,000

Fair value of the reporting unit is currently = $350,000

Fair Value of Net assets = 350000-35000 = $315,000

Carrying value of the net assets held by the reporting unit = $330,000

Goodwill Impairment = 330,000 - 315,000 = 15,000

Value of Goodwill after impairment = 35,000-15,000 = 20,000

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1. Employees at a call centre have earned a bonus of 0.25% of their salary. The bonus that an
Alla [95]

Answer:

£45

Explanation:

Simply multiply 18000 by 0.0025 and you get your result.

8 0
3 years ago
Raymond Moss, vice president of Moss Auto Parts, gets an annual bonus of 15% of any income, before deducting bonus and income ta
zaharov [31]

Answer:

$22,500

Explanation:

Raymond Moss's bonus is computed as the excess of $100,000 of income before bonus and income taxes.

In other words, the income before bonus and income taxes of $250,000 minus $100,000 is the amount upon which the bonus is computed.

Bonus=excess of income before bonus and income taxes*rate of bonus

income before bonus and income taxes.=$250,000-$100,000

income before bonus and income taxes.=$150,000

bonus rate=15%

Bonus=$150,000*15%

Bonus=$22,500

5 0
3 years ago
Money received from issuing bonds payable would be included as part of a company's financing activities on the statement of cash
Goshia [24]

Money received from issuing bonds payable would be included as part of a company's financing activities on the statement of cash flows. True.

<u>Explanation:</u>

The transactions that affects the long term liabilities and equities of any company is known as Financing activities. Those transactions that takes place with investors and creditors for the purpose of expanding company or its operations is known as financial activities. The cash flow statement of any company contains the information about these transactions.

The flow of cash in and out of any company from the investors and creditors respectively involves in financial activities.  Loan that are issued to any company for its operation are included in Cash inflows from creditors. The issue of bonds and bond payments are included in cash outflows from creditors. This also includes the payment of loan and interest. These are included in the statement of cash flows and are considered as the financial activity of a company.

6 0
3 years ago
The​ risk-free rate is 3.4​% and you believe that the​ S&amp;P 500's excess return will be 11.9​% over the next year. If you inv
VashaNatasha [74]

Answer:

So since our Risk was "1.2 times" to the Risk of Market Hence Out Expected Return would also be 1.2 times.

Explanation:

Before Answering the Question , let us Understand some Important terms in simple language :

Market Excess Reture : it is basically that how much Market Return will be "Over & Above" Riskfree Rate

Beta : it shows that How much times is Risk of Our Stock in Comparison to that of Market . So We would be Expecting "that much times" Excess Return from that of "Market Excess Return"

?Now in Our Question it is Given that

Expected Excess Market Return (Rm - Rf) over next year = 11.9%

Beta of pur Stock = 1.2

\therefore Our Expected Excess Return over next year = Beta * Expected Excess Market Return

= 1.2 * 11.9%

= 14.28 %

5 0
2 years ago
Juan Garza invested $112,000 10 years ago at 8 percent, compounded quarterly. How much has he accumulated? Use Appendix A for an
jasenka [17]

Answer:

$247,300

Explanation:

Given that

Invested amount = Present value = $11,2000

Time = 10 years × 4 quarter = 40

The rate = 8% ÷ 4 = 2%

So, we have to applying the future value formula which is presented below:

Future value = Present value × (1 + interest rate)^ time period

                      = $112,000 × (1 + 0.02)^40

                      = $112,000 × 1.02^40

                      = $112,000 ×2.2080396636

                      = $247,300

3 0
3 years ago
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