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NISA [10]
2 years ago
9

Freeman Co. acquired another business and paid (among other amounts) $64,800 for its goodwill in 2018. On December 31, 2020, the

net book value of the business is $792,000 and the fair value of the business is $765,000. Determine the amount of goodwill impairment (if any) on December 31, 2020. Assume no impairment losses were recognized on goodwill in prior periods.
Business
1 answer:
agasfer [191]2 years ago
5 0

Answer: $27000

Explanation:

The amount of goodwill impairment on December 31, 2020 will be:

Amount if goodwill = Net book value - Fair value

= $792,000 - $765,000.

= $27000

Therefore, the amount of Goodwill is $27000

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Before you are able to enable remarketing in Google analytics, you must first have Edit permission for the content you are wanting to remarket. By changing your remarketing in Google analytics you are able to remarket and brand your content to new and old customers. By doing this, you are able to use different properties within Google analytics to market your brand and spread awareness to customers.

5 0
3 years ago
Today you earn a salary of $28,500. What will be your annual salary fifteen years from
lys-0071 [83]

Answer:

$47.747.44

Explanation:

After 14 years, the salary will be equivalent to the future value of $28,500 at 3.5% compound interest.

The formula for calculating compound interest is as follows.

FV = PV × (1+r)n

where FV = Future Value

PV = Present Value... 28,500

r = annual interest rate.... 3.5%

n = number of periods...15

Fv = $28,500 x ( 1+ 3.5/100)15

Fv = $28,500  x ( 1+0.035)15

Fv =$28,500 x 1. 67534883

Fv =$47.747.44

3 0
3 years ago
The following is an example of what type of group norm?
SCORPION-xisa [38]

Answer:

Procedural Group Norm.

Explanation:

The group norms are a set of guidelines that enables the group work according to them. These norms enables a group to work in a systemmaized manner and order.

The procedural group norms are those groups that follows the procedure of functioning. The procedural norms suggests that how a task will be carried out and what to do the next. This group consists of several procedural roles such as facilitator, recorder, etc.

The stated type of group exemplifies the 'procedural group norms.' As the guidelines are set for the group to first complete their individual tasks and then help other's who have not done their tasks.

So, the correct answer is the second option.

8 0
3 years ago
You heard somebody say, Marketing is just sales and advertising" Discuss the accuracy of this statement
Serga [27]

Answer:

Marketing is much more than just sales and advertising.

Explanation:

Marketing is when an individual or a firm develop the interest of a client or an intending customer to the product one sells or services one render. It makes use of research, distribution, sales promotion etc .

Before an individual or a business venture goes into marketing, it must make thorough research on who his potential buyers are, how can he convince them to buy the products.

The distribution channel must also be considered, like getting the goods

directly to the buyers or involving middle men. There is also sales promotion when considering marketing. Sales promotion includes all activities aimed at promoting immediate sales like raffle draws, offering gifs after purchase etc.

The basic aim of marketing is to sell, acquire customers and retain them while employing marketing concepts and mix(using place, price, promotion and product).

3 0
3 years ago
If the economy booms, Meyer&Co. stock will have a return of 20.4 percent. If the economy goes into a recession, the stock wi
Mnenie [13.5K]

Answer:

The standard deviation of the returns on the stock is 15.56%(Approx).

Explanation:

Expected Return=Respective return*Respective probability

=(20.4*0.67)+(-12.7*0.33)=9.477%

probability Return probability*(Return-Expected Return)^2

0.67          20.4 0.67*(20.4-9.477)^2=79.93899243

0.33          -12.7 0.33*(-12.7-9.477)^2=162.3003786

Total=242.239371%

Standard deviation=[Total probability*(Return-Expected Return)^2/Total probability]^(1/2)

=15.56%(Approx).

4 0
3 years ago
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