Complete question:
Perch Co. acquired 80% of the common stock of Float Corp. for $1,600,000. The fair value of Float's net assets was $1,850,000, and the book value was $1,500,000. The non-controlling interest shares of Float Corp. are not actively traded. What amount of goodwill should be attributed to the non-controlling interest at the date of acquisition?
a. 150,000
b. 250,000
c. 0
d. 120,000
e. 170,000
Answer:
150,000
of goodwill should be attributed to the non-controlling interest at the date of acquisition
Solution:
A non-controlling interest (NCI) is a role in which a owner holds less than 50% of remaining and has little control over decisions. A minority ownership is often known as the minority interest. Non-controlling interests are calculated by their net worth and are not eligible for future right to vote.
Now , Calculate the amount
Cost(PP) - 1,600/0.8 = 2,000
FV - 1,850
GW = 1,850 - 2,000
= 150,000
The executing and controlling phases of a project usually overlap because project work takes place during the executing phase. A project manager monitors the status of a project and takes a corrective action as work is being performed. There are five phases of project management namely; conception and initiation, planning, execution, performance/monitoring, and project close.
Answer:
DEMAND AND SUPPLY SHIFTS IN FOREIGN EXCHANGE MARKETS
Answer:
Distinguish between the resource market and the product market in the circular flow model.
The resource market and the product market are distinct markets in the circular flow model and what they deal in is apparent in their names. The resource market deals in physical goods and commodities while the resource market deals in resource and factors of production and inputs. Both markets are complimentary.
In what way are businesses and households both sellers and buyers in this model?
The Circular flow charts show that businesses and household are both buyers and sellers and interdependence. Households, in the factor sector of the resource market, are owners of resources like land, capital and entrepreneurship which they sell to businesses ( in this case the households are the sellers and the businesses are the buyers) and in the product markets, they buy goods and services from the businesses ( in this case the households are the buyers, and the businesses are the sellers ).
What are the flows in the circular flow model?
The circular flow model depicts the interactions between economic agents in the economy and the exchanges between these agents is represented as the flow of goods and services, resources, and money payments
Answer:
b.) The team's costs to increase
Explanation:
Nominally, revenues will be the same in Canadian dollars, because the Canandian dollar has become weaker against the U.S. dollar, but that does not necessarily mean that it has lost value in Canada itself.
However, now the NHL team will have to change more Canadian dollars for the same amount of U.S. dollars in order to pay its players, causing the team's wage costs to rise.
