Do you believe that John and Sharon would be better off trading jobs with each other?

Write a short paragraph describing the importance of reducing, reusing, and recycling materials in the workplace.

leva [86]

Reducing, reusing and recycling are important because they decrease the amount of waste on the planet and preserve natural resources by maintaining space and cutting down on landfills.<span> Reducing, reusing and recycling reduce consumption of new materials and save energy.</span>

3 0

3 years ago

Perch Co. acquired 80% of the common stock of Float Corp. for $1,600,000. The fair value of Float's net assets was $1,850,000, a

Nikolay [14]

Complete question:

Perch Co. acquired 80% of the common stock of Float Corp. for $1,600,000. The fair value of Float's net assets was $1,850,000, and the book value was $1,500,000. The non-controlling interest shares of Float Corp. are not actively traded. What amount of goodwill should be attributed to the non-controlling interest at the date of acquisition?

a. 150,000

b. 250,000

c. 0

d. 120,000

e. 170,000

Answer:

150,000 of goodwill should be attributed to the non-controlling interest at the date of acquisition

Solution:

A non-controlling interest (NCI) is a role in which a owner holds less than 50% of remaining and has little control over decisions. A minority ownership is often known as the minority interest. Non-controlling interests are calculated by their net worth and are not eligible for future right to vote.

Now , Calculate the amount

Cost(PP) - 1,600/0.8 = 2,000

FV - 1,850

GW = 1,850 - 2,000

= 150,000

8 0

3 years ago

Lopez Corporation incurred the following costs while manufacturing its product.Materials used in product $129,600 Advertising ex

Mila [183]

Answer:

$367,800; $391,600

Explanation:

Manufacturing overhead:

= Depreciation on plant + Factory supplies used + Property tax on plant

= 70,200 + 29,200 + 21,000

= 120,400

Total manufacturing cost:

= Material used in production + Labor cost + Manufacturing overhead

= $129,600 + 120,400 + 120,400

= 370,400

Cost of good manufactured:

= Beginning work in process + Total manufacturing cost - Ending work in process

= 14,400 + 370,400 - 17,000

= $367,800

Cost of goods sold:

= cost of goods manufactured + Beginning finished goods inventory - Ending finished goods inventory

= $367,800 + 70,200 + 46,400

= $391,600

5 0

3 years ago

Using accrual accounting, revenue is recorded and reported only a.when cash is received at the time services are rendered b.when

Veseljchak [2.6K]

Answer:

d.when the services are rendered without regard to when cash is received

Explanation:

Accrual based accounting requires that the services should be performed or rendered associated with the revenue when you recognize it. It does not matter when the cash for the revenue is received. You may received the cash in advance or after some time from you rendering services. As your render the services you can record your revenue.

8 0

4 years ago

Nathan is a customer service agent for a small nutrition company. He was disabled in a car accident and relies on his wheelchair

Ann [662]

Answer:

EEOC - Equal Employment Opportunity Commission

Explanation:

EEOC protects employees with disabilities, Nathan would qualify for such protection due to the physical strain.

5 0

3 years ago