There’s no image I think u forgot to insert it
Answer:
$275,000
Explanation:
Goodwill in business combination arises when the price paid in acquiring a business exceeds the fair value of the acquired business net assets . The fair value is used rather than the carrying amount to ensure fairness and an unbiased result
<u>Workings</u>
Purchase consideration = 250,000*15 =3,750,000
Percentage acquired = 100%
Fair value of net asset = 3,000,000+400,000+75,000= 3,475,000
Goodwill = 3,750,000=3,475,000 =275,000
Answer:
$11,750
Explanation:
The computation of bad debt is shown below:-
Bad debt expense = Estimated allowance for uncollectible at the year end - Existing balance in allowance for uncollectible account credit balance
= ($314,000 × 4%) - $810
= $12,560 - $810
= $11,750
Therefore for computing the bad debt expenses we simply applied the above formula.
<span>A.Bachelor's Degree (4 years of college)</span>
Answer:
=8.8%
Explanation:
ROI is return on investments. It is calculated by the formula below.
ROI = net gains/ invested capital x 100
net gains in this case will be
Dividends = $74.06
Appreciation in price = ($61.50 x 25) - ($59.25 x 25)
=$1,537.5 - $1,481.25
=56.25
Total gain = $56.25 + $74.06
=$130.31
ROI = $130.31/1,481.25 x100
ROI= 0.087972 x 100
=8.79
=8.8%