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nalin [4]
3 years ago
7

An asset is classified as goodwill on the balance sheet when a company purchases an asset at greater than fair market value.

Business
1 answer:
Studentka2010 [4]3 years ago
5 0

Answer:

4) goodwill is impaired

Explanation:

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g A producer of beverages and snack foods wants to market its products to the 18-to34-year-old demographic by providing incentiv
____ [38]

Answer:

The correct answer is the second option: Promotions.

Explanation:

To begin with, in the field of marketing there are many options to choose from and sometimes most of them are useful at the time of completing and implementing a strategy that targets the audience that the company is seeking for. In this case presented, where it is well established the kind of consumers the producer wants to reach, the most indicated option to use in the marketing campaign will be the promotions of the product itself and that is basically for two things. The first one because of the ages of the audience, it is most probably that they feel more related to the promotion due to the fact that sometimes most of the youth of that age is under their parents maintenance. And the second thing is because the text specifically says "time-sensitive" which is a characteristic of the promotions strategies.

6 0
3 years ago
Which margin is at the very bottom of the page when printing worksheets?
postnew [5]

Answer:

Footer Margin

Explanation:

Just took this :)

6 0
3 years ago
Read 2 more answers
A sole proprietorship that began business's May 1, 2018, incurred $9000 of startup expenses. If the business elects to report th
labwork [276]

Answer:

Option (C) $178

Explanation:

Data provided in the question:

Startup expense incurred by the business = $9,000

Now,

The start-up costs and organizational expenses are deducted over a time period of 180 months

also,

$5,000 can be deducted in the first year by the startup expense.

Therefore,

Amortization amount reported as a "other expense" on Schedule C per month

= [ Startup expense - $5,000 ] ÷ 180

= [ $9,000 - $5,000 ] ÷180 = $22.22

for the year = $22.22 × Number of months left in the year from May

= $22.22 × 8

= 177.78 ≈ $178

Hence,

Option (C) $178

3 0
4 years ago
During its first and second years of operations, Rogers Company, a corporation using a periodic inventory system, made undiscove
elena-s [515]

Answer:

Net Income understated by $20,000

Explanation:

In the first year, closing inventory was overstated by $80,000. The implications of the above would be,

Net Income for the first year would be overstated by $80,000

In the Second year,

Opening Stock would be overstated by $80,000

Due to this, cost of production stands overstated by $80,000.

Now, given in the question that closing stock for second year is overstated by $60,000 i.e profits are overstated by $60,000.

This means, the net effect on profits would be, $80,000 less $60,000 i.e $20,000 understated profits for the second year.  

4 0
3 years ago
Generally, when business startup costs exceed the maximum amount allowed, the remaining costs may be amortized over_____ months.
irina1246 [14]

Answer:

The correct answer is letter "B": 180.

Explanation:

During the first year a business operates, companies can elect to deduct up to $5,000 from their costs. If the costs are higher than $50,000, the deduction of $5,000 will be reduced by the exceeding amount. However, that exceeding amount can be amortized for up to 15 years (180 months).

8 0
3 years ago
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