Answer:
$710,000
Explanation:
For computing the cost of the goodwill, first we have to calculate the fair value of the net asset which is shown below:
The fair value of net asset = The fair value of Skysongâs assets - the fair value of liabilities
= $890,000 - $180,000
= $710,000
And, the acquired value of Skysong Enterprises for cash is $790,000
So, the goodwill would be
= $790,000 - $710,000
= $80,000
Answer:
c. shift the supply curve of professors to the left ceteris paribus
Explanation:
Labour Supply curve shows the labour hours, employees or workers are willing & able to supply, at given wage rates during a period of time.
The curve is upward sloping due to positive relationship between wage rates & labour. As more labour is supplied at higher wage rate, less labour is supplied at lower wage rates.
Change in any other factor other than wages, changes (shifts) the supply curve. Factor increasing labour supply shifts the supply curve rightwards. Factor decreasing labour supply shifts the supply curve leftwards.
The case given : as increase in the minimum qualifying eligibility for the job, decreases the number of people who are 'able' to supply labour as per the criteria. So, it decreases labour supply & shifts the curve leftwards.
The answer would be : B. business
Business refer to an activity in which an entity provides goods or services to the consumers. In this case , The united states is the entity , Steel is the Goods, and Germany is the consumer
Answer:
$36,000
Explanation:
The computation of the adjusted gross income for the present year is as follows:
= Ordinary income + short term capital gain - short term capital loss + long term capital gain
= $35,000 + $3,000 - $6,000 + $4,000
= $36,000
Hence, the adjusted gross income for the present year is $36,000
The same is relevant
