Answer:
Maybe is you payed attention you would have knew the answer
Explanation:
Good luck :))
Answer:
$50,000
Explanation:
Goodwill is the excess of purchase consideration over the net assets of the business acquired.
Purchase consideration in this case is $950,000
The net assets =fair value of assets-fair value of liabilities
The fair value of net assets is already computed at $900,000 as provided in the question.
Goodwill=$950,000-$900,000=$50,000
Ultimately, the excess of purchase consideration over fair of net assets of the acquired business is $50,000
Answer:
$14,900
Explanation:
not-for-profit organization will report the investments at the fair value of the investments end of year, in the year-end statement of financial position.
Here,
Investment Fair value (end of year)
Stock A (100 shares) $51
Stock B (200 shares) $49
Stock A = (100 * 51) = $5,100
Stock B = (200 * 49) = $9,800
Total Investment fair value at end of year = $14,900
$14,900 will be the amount reported in stock investments in the year-end statement of financial position.
Answer:
sinking fund provision
Explanation:
Sinking fund provision -
It is the type of fund , where certain amount of money is kept saved which is used to pay for the debt or bond , is referred to as sinking fund provision.
The company issuing the debt is required to pay the debt in the future , where the sinking funds enable to reduce the huge outlay of the revenue.
Hence , from the given scenario of the question, the correct term is sinking fund provision.
