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egoroff_w [7]
3 years ago
13

Fisher Co. acquired all of the outstanding preferred shares for $148,000 and 60% of the common stock for $1,281,000. Fisher beli

eved that one of Bast's buildings, with a twelve-year life, was undervalued on the company's financial records by $70,000. Required: What is the amount of goodwill to be recognized from this purchase?

Business
1 answer:
eimsori [14]3 years ago
8 0

Answer:

$ 659000

Explanation:

Please see attachment

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Alpaca Corporation had revenues of $300000 in its first year of operations. The company has not collected on $19900 of its sales
lyudmila [28]

Answer:

$238,148

Explanation:

Total expenses:

= Inventory purchased + Salaries expense + Interest expenses + Insurance expense

= $85,000 + $15,000 + $3,300 + $3,900

= $107,200

Net income:

= Total revenue - Total expenses

= $300,000 - $107,200

= $192,800

Net income after tax:

= Net income - Taxes

= $192,800 - ($192,800 × 9%)

= $192,800 - $17,352

= $175,448

Cash balance:

= Net income after tax - Amount not collected on accounts receivable + Amount not paid on purchases - Prepaid insurance + Money invested by owners + Money borrowed

= $175,448 - $19,900 + $26,500 - $3,900 + $30,000 + $30,000

= $238,148

6 0
3 years ago
In order to vote in Texas, you must meet which of the following requirements?
vitfil [10]

Answer:

I think letter A is the right answer

7 0
3 years ago
is creating a vision for the organization and guiding, training, coaching, and motivating others to work effectively to achieve
Rama09 [41]

By setting a vision for the organisation, a leader can inspire and motivate others to work toward shared goals and objectives. Controlling entails determining if the organization's objectives are met by what really happens.

Creating a vision for the organisation and directing, educating, mentoring, and inspiring others to work productively to meet the organization's goals and objectives on schedule is what it means to LEAD.

In a learning organisation, what is vision?

An organization's vision is what it hopes to become and accomplish in the future. The Vision is crucial since it is intertwined with all other organisational strategy components.

A company's mission statement, goals, and aspirations are all outlined in a vision statement. The majority of vision statement writers find the process to be satisfying and motivating. It gives them the ability to describe the traits that affect the strategy of the firm.

Learn more about learning organisation

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8 0
1 year ago
3. Why is it important to fill out a W4 form correctly?
olchik [2.2K]

Answer:

"so that your employer does not hold out too much or too little in taxes

Explanation:

The W-4 form tells the employer the correct amount of tax to withhold from an employee's paycheck.

7 0
3 years ago
Read 2 more answers
Which quality is a requirement in order for a destination to become a tourism destination area (TDA)?
valkas [14]
Should be accessible for road...,
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4 years ago
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