Answer:
Combien le coût du ciseaux dans la caractéristique de l’art en Chine salut, je ne sais pas quoi dire sur l’importance de la parentalité responsable 4, mais je ne sais pas quoi dire sur l’importance de la parentalité responsable 4, mais je ne sais pas quoi dire sur l’importance de la parentalité responsable
Answer: 1. Goodwill
2. a. Record no entry in the books
b. Record a loss in the books
Explanation:
1. The Special asset created by Heartland Telecom's acquisition of Surety Wireless is Goodwill.
Goodwill is the difference between what the company was worth and what it was purchased for if the purchase price was higher than the worth (market value).
2. a. Goodwill should be accounted for by recoding it in the Long term Assets under Intangible Assets in the balance sheet. It should not be amotrized. If Goodwill increases, there should be no recording this <u>gain</u> on the books.
b. If the value of the asset has decreased, Heartland should record a loss in the books to represent the loss on this account.
Answer:
Tax brackets misconception is that it defines how much tax will be paid by an individual but this is not true. It only determines the rate of tax which will be applied to the individual for his income.
Explanation:
The tax bracket is determined for an individual based on his salary. After the computation of taxable income tax brackets are selected and rate is applied which ever tax bracket falls correctly. The tax rate applied to the taxable incomes gives the tax amount which is to be paid by an individual.
Answer:
The market price is below what some consumers are willing to pay for the product.
Explanation:
Consumer surplus refers to the benefit that a consumer can get by purchasing the product. It is the difference between the consumer's willingness to pay for the product and the price actually paid by the consumer for the product.
Consumer surplus = Consumer's willingness to pay - Market price
Whenever consumer's willingness to pay is higher than the market price, then consumer surplus is out to be positive.
Answer:
17.30%
Explanation:
The computation of the return on investment is shown below
But before that the net income is
Sales $5,375,000
Less: COGS -$3,225,000
Less: Operating Expenses -$1,147,000
Net Income $1,003,000
Now
Return on Investment is
= Net Income × 100 ÷ Average Assets
= $1,003,000 × 100 ÷ $5,800,000
= 17.30%
