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3 years ago

Goodwill is:

Business

1 answer:

ZanzabumX [31]3 years ago

6 0

Answer:

c. The excess of the fair value of a business over the fair value of all net identifiable assets.

Explanation:

Goodwill is an intangible asset that cannot be seen or even touched. It is shown under the intangible assets section like other intellectual property rights like - copyright, patent, trademarks, etc. It is the amount which reflect the buying price of the other business

It is computed below:

= Acquired fair value of the business - net assets fair value

where,

Net assets = Fair value of assets - fair value of liabilities

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A company has the following budget information: Sales: $118,800; COGS: $48,500; Depreciation expense: $1,500; Interest expense:

olga_2 [115]

Answer: <em>Amount of budgeted income tax expense = $10,668</em>

Explanation:

Given:

Sales = $118,800

COGS = $48,500

Depreciation expense = $1,500

Interest expense = $250

Other expenses = $41,880

We'll compute the amount of budgeted income tax expense using the following formula:

Amount of budgeted income tax expense = 40% of (Sales - COGS - Depreciation expense - Interest expense - Other expenses)

= $118,800 - $48,500 - $1,500 - $250 - $41,880

= 40% x $26,670

= $10,668

7 0

3 years ago

How do you redeem a <br> lottery tickets

DENIUS [597]

Explanation:

you can redeem a winning ticket from any type of lottery game to an authorized retailer when your prize is less than 600$

hope I helped

4 0

3 years ago

Orlando, the owner of a belgian event-planning company called memory makers, plans to open a marketing company that focuses on p

schepotkina [342]

Kick start will be totally owned and controlled by memory makers, which makes kick start a subsidiary of memory makers.

<h3>What is a Subsidiary?</h3>

This refers to the branch of a company which performs a different function from the parent company but has the same vision and mission which is to increase profit and sales.

With this in mind, we can see that because Orlando who owns an event planning company opens a marketing company so as to focus on product launches, this shows that they are a subsidiary.

Read more about subsidiary here:
brainly.com/question/4688609

5 0

3 years ago

Delish Foods sells jars of special spices used in Italian cooking. The variable cost is $2 per unit. Fixed costs are $9,000,000

Ymorist [56]

Answer:

$3.38 per unit

Explanation:

Total costs:

= Total fixed cost + Total variable cost

= $9,000,000 + (5,000,000 units × $2 per unit)

= $9,000,000 + $10,000,000

= $19,000,000

Target revenue:

= Total costs - Desired profit

= $19,000,000 - ($42,000,000 × 5%)

= $19,000,000 - $2,100,000

= $16,900,000

Sales price per unit = Target revenue ÷ Total units

= $16,900,000 ÷ 5,000,000

= $3.38 per unit

8 0

4 years ago

The first US Airline:

olga2289 [7]

Answer:

Western Air Express

5 0

3 years ago

Read 2 more answers