1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
diamong [38]
2 years ago
8

Nadine’s Home Fashions has $2.12 million in net working capital. The firm has fixed assets with a book value of $31.64 million a

nd a market value of $33.9 million. The firm has no long-term debt. The Home Centre is buying Nadine’s for $37.5 million in cash. The acquisition will be recorded using the purchase accounting method. What is the amount of goodwill that The Home Centre will record on its balance sheet as a result of this acquisition?​
Business
1 answer:
timofeeve [1]2 years ago
7 0
The amount of goodwill that The Home Centre will record on its balance sheet as a result of this acquisition is $1.48 ($37.5-$ 36.02) million. The amount of goodwill could occur if there is a difference between the investment amount and the net asset of a company. In this problem, we can calculate the company's net asset with this calculation: $2.12+$33.9=$36.02. Fair value amount is used for acquisition accounting using the purchase<span> method.</span>
You might be interested in
Who is called living lion of nepal and why and when he got this title​
vovangra [49]

Explanation:

Bada kaji amar singh thapa is called the living lion of nepal.

deu to his fighting prowess,greater leader ship and patriotism.

4 0
3 years ago
A good negotiator knows
Tema [17]

Answer:

A

Explanation:

lol

5 0
2 years ago
For direct price discrimination to work a. ​The firm need not be able to identify the members of the low-value group b. ​The fir
MakcuM [25]

Answer:

The correct answer is letter "B": ​The firm be able to charge the low-value customers a lower price than the higher-value customers.

Explanation:

Price discrimination is the practice by which producers charge different prices to different consumers based on factors such as<em> age, income or location</em> to mention a few. This differentiation in prices is always justified by producers with one of those factors otherwise the approach would be considered illegal.

Direct price discrimination<em> is carried out when the firm charges lower prices to an unfavored sector of the market keeping the regular price in sectors where income is higher.</em>

6 0
3 years ago
7. Write at least two policies that a company could use to decide which customers to offer credit to. (1-2 sentences. 2.0 points
Bas_tet [7]

Answer:

Competition tribunal

Competition commission

Explanation:

They protect the rights of the customers

6 0
2 years ago
A liquidity ratio measures the Group of answer choices income or operating success of an enterprise over a period of time. abili
mr Goodwill [35]

Answer:

short-term ability of the enterprise to pay its maturing obligations and to meet unexpected needs for cash

Explanation:

A liquidity ratio can be regarded as type of financial ratio which is been utilized in determination of a ability of a company to pay out its short-term debt obligations. The metric is way to determine if there is a possibility for company to use its current as well as liquid and assets to cover up for its current liabilities.

It should be noted that A liquidity ratio measures short-term ability of the enterprise to pay its maturing obligations and to meet unexpected needs for cash.

6 0
2 years ago
Other questions:
  • Suppose that you invest $ 1,000 today at an annual rate of 8%. Assuming that the expected annual rate of inflation is 3%, what w
    6·1 answer
  • In the month of March, Crane Salon services 590 clients at an average price of $120. During the month, fixed costs were $21,312
    8·1 answer
  • By satisfying the customer service factor of ________, the distributor will ensure that deliveries of Hope Springs' bottled wate
    13·1 answer
  • When a petty cash fund is in use: Multiple Choice Cash is debited when funds are replenished. Petty Cash is credited when funds
    13·1 answer
  • Auto insurance is needed primarily because of __________. (points : 2)
    11·1 answer
  • An organization's investors and shareholders, employees, customers, and suppliers are considered its ____________, in contrast t
    10·1 answer
  • Agassi Corporation sells products for $90 each that have variable costs of $60 per unit. Agassi’s annual fixed cost is $450,000.
    6·1 answer
  • Barton Corporation, which adds materials at the beginning of production, uses a weighted-average process-costing system. Conside
    11·1 answer
  • Suppose a senator introduces a bill to legislate a minimum hourly wage of $6. This type of price control is called a
    10·2 answers
  • The manager of the Quick Stop Corner Convenience Store (which never closes) sells four cases of Stein beer each day. Order costs
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!