Answer:
Goodwill = 25,000
Explanation:
Goodwill is an intangible asset, is the differential reflected in a consolidated balance sheet immediately after the business combination between the purchase price of a company and the fair market value of identifiable assets and liabilities. Goodwill is recorded when the purchase price is higher than the sum of the fair value of all identifiable tangible and intangible assets purchased in the acquisition and the liabilities assumed in the process.
In this case:
Goodwill = Purchse Price - Net assets fair value
Goodwill = 340,000 - 315,000
Goodwill = 25,000
The difference between the book value and fair value of the acquired company are adjustments to the amount presented in the consolidated balance sheet.
<span>Simple interest is set in place by an interest rate that is multiplied by the total amount of money you have in place. While compound interest is essentially interest on top of your simple interest. It accumulates over time making you more money.</span>
That is true,however; they are not your own and you are doing yourself a disservice. Grades aren't everything.
Answer:
1. 0.5
2. $360,000
3. $25,500
Explanation:
The BEP which is the break even point is the point where the company's sales or revenue generated is equal to the cost incurred. As such, the BEP is the number of units that must be sold for the company to make neither a profit nor a loss.
Both sales and variable cost are dependent on the number of units sold.
The sales less the variable cost gives the contribution margin. The contribution margin less the fixed cost gives the net operating income.
CM Ratio
= 1500000/3000000
= 0.5
Break even point in $ = Fixed cost/ CM ratio
= $180,000/0.5
= $360,000
If the sales increase, the variable cost will also increase as both are dependent on the level of activity.
If sales increases by $51,000, number of units sold
= $51,000/$120
= 425
Increase in variable expense
= 425 * $60
= $25,500
Increase in net operating income
= $51,000 - $25,500
= $25,500
Answer:
b. An employee assistance program
Explanation:
The employee asssitance program is the program in which it offers free of cost and the assessment that are confidential in all respect. It includes short-term counselling, references, follow up services to the employees who has the personal or work related issues
Since Brandon wants to help Ross and also he dont want to lose his job
so this given situation represent the assistance program
Therefore the option b is correct
