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ira [324]
3 years ago
13

Blue Sky Company’s 12/31 balance sheet reports assets of $65,893 and liabilities of $28,686. All of Blue Sky’s assets’ book valu

es approximate their fair value, except for land, which has a fair value that is $9,736 greater than its book value. On 12/31, Horace Wimp Corporation paid $97,109 to acquire Blue Sky. What amount of goodwill should Horace Wimp record as a result of this purchase?
Business
1 answer:
padilas [110]3 years ago
3 0

Answer:

Goodwill is $ 50,166.00  

Explanation:

Goodwill is the excess of purchase price consideration over the fair value of net assets of the business acquired.

Purchase price consideration is the proceeds received by the owners of the business acquired in a business combination arrangement like this.

The net assets is the fair value of assets minus the fair value of the liabilities.

Purchase price consideration is $97,109

Net assets =$65,893+$9,736-$28,686=$ 46,943.00  

Goodwill=$97,109-$46,943.00  =$ 50,166.00  

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Which of the following actions should the customer support manager take to best motivate these employees? Share trends in averag
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Answer: Place a widget on employees’ computer screens that flashes a happy face every time the average customer wait is less than 2 minutes.

Explanation:

Good emotional display go a long way in encouraging people who work for an organization and it in turn reflects on how well they would treat the customer's. Employees are further encouraged when they are not under excessive pressure by either employer or the customer's but are rather given an environment void of worries, it helps them respond well and carefully. The customer support manager placing a widget on employees’ computer screens that flashes a happy face every time the average customer wait is less than 2 minutes sends a relief message to the employees to carry out their work with ease.

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2 years ago
Roadtec Tire Company has a corporate culture that emphasizes an internal focus on the involvement and participation of employees
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Answer: (D) Involvement culture

Explanation:

 According to the given question, the involvement culture is one of the type of corporate culture that helps in focusing the various types of internal functions such as the involvement and also the participation of the employees in an organization.

The road-tech tire is one of the company that possess the involvement corporate culture for its family like environment and caring nature for the employees.

The main advantage of the involvement culture is that it helps in reduce the stressful environment of an organization and also providing the various types of economical and social based benefits.

 Therefore, Option (D) is correct answer.

5 0
3 years ago
BigFive Inc. has been known for its excellent customer service since its start more than 40 years ago. The company carefully sel
Angelina_Jolie [31]

Answer: The correct answer is "E. BigFive's employees not only know how to do their work but also are enthusiastic and committed.".

Explanation: The BigFive Inc company, when selecting employees carefully emphasizing the search for skills and above all commitment to the values of customer service and quality of the company, in the long term it was highly benefited since its employees are trained according to the culture Organizational of the company and they not only know how to do their job, but they are also excited and committed.

8 0
2 years ago
Tom O'Brien has a 2-stock portfolio with a total value of $100,000. $47,500 is invested in Stock A with a beta of 0.75 and the r
Degger [83]

Answer:

1.10

Explanation:

The computation of portfolio's beta is shown below:-

= Stock A Beta × Invested in Stock A ÷ Total value + Stock B Beta × (Total value - Invested in Stock A) ÷ Invested in Stock A

= 0.75 × $47,500 ÷ $100,000 + 1.42 × ($100,000 - $47,500) ÷ $100,000

= 0.75 × $47,500 ÷ $100,000 + 1.42 × $52,500 ÷ $100,000

= 0.75 × 0.475 + 1.42 × 0.525

= 0.35625 + 0.7455

= 1.10175

or

= 1.10

Therefore for computing the portfolio beta we simply applied the above formula.

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3 years ago
P10-45. Analyzing and Interpreting Effects of TCJA Tax Law Changes. Pfizer Inc. reports the following footnote disclosure in its
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