Answer:
B. False.
Explanation:
The above statement is false in that it asserts that information has not become the lifeblood of every organization. While it's true that an increasing volume of information today has increased and exchanged through the social networks and web2.0 tools like blogs, microblogs and wikisa, this further lends credence to the indispensability of information in this contemporary times.
In contrast, what Frank and Smallwood(2013) preached was that information has now become a lifeblood of every organization. This is an undisputed reality in their study and intellectual intervention. Thus, they went on give a demographic distribution of information through the use of social networks and/or web2.0 tools like blogs, microblogs, and wikisa.
Answer:
1. $34 million
2. $0
Explanation:
Given that,
Fair value of Centerpoint Inc = $256 million
Book value of Centerpoint's net assets (excluding goodwill) = $228 million
Book value of Centerpoint's net assets (including goodwill) = 290 million
1. Actual Value of Goodwill:
= Fair Value of Centrepoint Inc. - Book Value of Net assets (excluding goodwill)
= $256 million - 228 million
= $28 million
Loss on Impairment of Goodwill:
= Goodwill recorded - Actual value of goodwill
= $62 million - $28 million
= $34 million
2. In this case Fair value of ($318 million) is more than Book value ($290 million) then there will be no Impairment Loss.
It means that the loss on Impairment of Goodwill = $0.
You like to convince people do what you want for the benefit of everyone.
Answer:
$294,600
Explanation:
Given that,
September sales = $303,000
October sales = $289,000
Monthly sales are 80% credit and 20% cash.
Of the credit sales, 50% are collected in the month of sale, and 50% are collected in the following month.
Cash collections for the month of October:
= 20% of October sales + 50% of the credit sales in October + 50% of the credit sales in September
= (0.2 × $289,0000 + (0.5 × 0.8 × $289,000) + (0.5 × 0.8 × $303,000)
= $57,800 + $115,600 + $121,200
= $294,600
Dave has set a STRATEGIC GOAL. A strategic goal is the planned objective that a company or an organization strive to achieve. In the above question, Dave has set goal to cut costs in his companies for the next three years. He will do this by writing a strategic plan which he will use to share his goal and vision with his employees.
