Answer:
It might be because of an increase in efficiency in the workforce or advances in technology. Hope it helps :)
Explanation:
Answer:
Under the installment sales method, the total contract price is $85,000
gain on the sale is $58,800 ( 85,000 + 15,000 - 40,000 - 1,200)
and the amount of gain reported in 2018 is $3,459.
Answer: False
Explanation:
These are financial assets that has existing market invariably there prices are determined by market forces.
Discounting flows refers to project that are to produce inflows into the future the discount helps to determine the present value of the future inflows.
Answer:
d. $250,000.
Explanation:
In order to calculate the expense of the goodwill, we must first calculate the net asset's fair value shown below:
The fair value of net asset = The fair market value of total assets - the fair market value of liabilities
= $125,000 + $750,000 - $175,000
= $700,000
And, the purchase value of all outstanding stocks is $950,000
So, the goodwill would be
= $950,000 - $700,000
= $250,000
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