Answer:
$110,000
Explanation:
Net value of assets = Fair value of assets - Fair value of liabilities
= $770,000 - $190,000
= $580,000
Fair value of goodwill:
= Purchase price - Net value of assets
= $690,000 - $580,000
= $110,000
Therefore, the amount of goodwill acquired by Flounder is $110,000.
In the market for personal computers, we would expect the Equilibrium quantity to rise and the change in the equilibrium price to be ambiguous.
<h3>
What is equilibrium quantity?</h3>
- When there is no shortage or surplus of a product on the market, it is said to be in equilibrium quantity.
- When supply and demand meet, the amount of an item that consumers want to buy equals the amount supplied by its producers.
- The equilibrium price is the only price at which consumers' and producers' plans coincide—that is, the amount consumers want to buy of the product, quantity demanded, equals the amount producers want to sell, quantity supplied.
- Assume there is an increase in both supply and demand for personal computers.
- The Equilibrium quantity would then rise in the market for personal computers, while the change in the equilibrium price would be ambiguous.
Therefore, in the market for personal computers, we would expect the equilibrium quantity to rise and the change in the equilibrium price to be ambiguous.
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The correct question is given below:
Suppose there is an increase in both the supply and demand for personal computers. In the market for personal computers, we would expect the Equilibrium quantity to ______ and the change in the equilibrium price to be __________
Jamie, a Missouri licensee, works for a business that also owns a title company, which he recommends to clients. Controlled business arrangement is the term used for this.
A controlled business arrangement is one in which a person in a position to refer business incident to or involving a federally related mortgage loan, or an associate of that person, has either an affiliate relationship with or a direct or beneficial ownership interest of more than one (1%) percent in a provider of settlement services; and either of those people refers such business to that provider either directly or indirectly.
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Performance goal
Performance goals are short-term objectives that have a specific target end result relating to certain duties or tasks. In a job setting, it describes important responsibilities and the performance outcomes that an employee aims to achieve. These goals are usually in line with the overall or common goals of the department or company where the employee works in.
The annual opportunity cost of a checking account that requires a $300 minimum balance to avoid service charges is $9. Read below about the analysis of the annual opportunity cost of a checking
<h3>What is the annual opportunity cost of a checking account that requires a $300 minimum balance to avoid service charges?</h3>
The calculation goes thus;
Annual opportunity cost = Minimum balance × Interest rate
= $300 × 0.03
= $9
Therefore, the correct answer is as given above
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