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
svet-max [94.6K]
4 years ago
14

On January 1, 2016, Lester Company purchased 70% of Stork Corporation's $5 par common stock for $600,000. The book value of Stor

k net assets was $640,000 at that time. The fair value of Stork's identifiable net assets were the same as their book value except for equipment that was $40,000 in excess of the book value. In the January 1, 2016, consolidated balance sheet, goodwill would be reported at:A. $152,000. B. $177,143. C. $80,000. D. $0.
Business
1 answer:
Soloha48 [4]4 years ago
3 0

Answer:D. $0

Explanation:

Goodwill is the excess of the purchasing price of a company value of indentifiable net assets.. The purchasing price in this example is less than the value of the.

You might be interested in
The Chief Projects Officer responsibilities include ensuring that the steering team does all of the following EXCEPT: ​ a. ensur
sergiy2304 [10]

Answer:

The correct answer is letter "D": selects appropriate project sponsors and teams.

Explanation:

Chief Projects Officers (CPO) are managers in charge of implementing a new plan of action within companies. They are in charge of verifying what steps are going to be taken in the process of implementing a project and if the resources allocated are necessary and will be enough to avoid delays. They also monitor employee performance and evaluate past plans to find out why they were successful or why they failed.

<em>Selecting teams is a duty the Human Resources (HR) is in charge of, while the Marketing department chooses appropriate sponsors.</em>

5 0
3 years ago
In Herzberg’s two-factor theory, ____________________ are things such as challenging work assignments, accomplishment and person
ExtremeBDS [4]
There are hygiene factors
4 0
3 years ago
A monopoly is a market for a good or service that
vichka [17]
A monopoly is a market for a good or service that wants to take over another company.
4 0
3 years ago
Information technology's primary role in supply chain management is creating the integrations, or tight process and information
RSB [31]

Answer:

<h2>The given statement is true.Hence, the answer would be option a) or true in the answer options</h2>

Explanation:

  • In business operation,one of the primary or fundamental functions or roles of information technology is to facilitate the collaboration between various operational or functional areas or departments which can enhance the productive efficiency and performance of business operation.
  • In this regard,information technology can be ideally used to assimilate or integrate between various activities or functions under business operation such as marketing,sales,finance,manufacturing,supply chain activities etc. to establish or ensure a better and strong departmental or functional coordination and synchronization.
  • Therefore,information technology also enables a better flow or movement of essential business information among the various concerned or relevant departments or components which can improve operational efficiency and inter-departmental communication process.
  • Furthermore,information technology can also be essentially employed to ensure a better cohesion,linkage and coordination among related companies or firms which can immensely facilitate inter firm communication for pertinent business purposes.This can lead to much improved and better commercial or business coordination among the related firms or companies.
4 0
3 years ago
Allstar Exposure designs and sells advertising services to small, relatively unknown companies. Last month, Allstar had sales co
Aloiza [94]

Answer: The answer is Net income $180,000

Explanation:

All star Exposure

Monthly income Statement

$ $

Sales. 475,000

Less: Expenses

Sales commission 42,000

Technology cost 71,000

Research & Development cost 140,000

Selling Expenses 12,000

Administrative Expenses 30,000

---------------------

(295,000)

---------------------

Net income. 180,000

-----------------------

The All star income statement has no line item for cost of good sold because cost of good sold is a direct cost incurred by All star Exposure on the goods sold. it does not appear as part of the expenses in the income statement.

5 0
3 years ago
Other questions:
  • My husband is 48 and wants to have relations every day what can i do
    12·1 answer
  • _________ memos state policies or procedures the writer wishes the reader to follow.
    9·1 answer
  • Joe Jones has put in place a new set of performance metrics for the Logistics Department at his firm. He is convinced that these
    11·1 answer
  • Kirtland Corporation uses a periodic inventory system. At the end of the annual accounting period, December 31, 2015, the accoun
    11·1 answer
  • The consumer price index is __
    9·1 answer
  • Held-to-maturity securities a.are reported at fair value. b.include equity securities. c.are not intended to be held until the m
    12·1 answer
  • Mrs. Torres goes out of town on a business trip. She spends 3 nights in a hotel at a charge of $80 per night. She pays 9% tax on
    6·2 answers
  • If it is impractical for a company to adapt to the situation in a developing-country market, the company should ______.
    9·1 answer
  • Please help!!!!!!!
    10·1 answer
  • The National Park Service's efforts to attract, maintain, and enhance relationships with customers and visitors to the park is a
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!