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posledela
2 years ago
11

On April 30, 2017, Cupidity Corp. purchased for cash all 200 shares of the outstanding common stock of Venality Corp. for $40 pe

r share. At April 30, 2017, Finality B/S showed net assets with a book value of $6,000. On that date, FMV of Venality PPE exceeds book value by $650. What amount should Cupidity report as goodwill
Business
1 answer:
just olya [345]2 years ago
8 0

Answer:

$1,350

Explanation:

Goodwill is the Excess of Cash Consideration over the Net Assets taken over. Net Assets taken over are measured at their Fair Market Value instead of Book Values at the Acquisition date.

Where,

Cash Consideration = $8,000

Fair Value of Net Assets Acquired ($6,000 + ) = $6,650

Therefore,

Goodwill = $8,000 - $6,650

               = $1,350

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Stephen runs a pet salon. He is currently grooming 130130 dogs per week. If instead of grooming 130130 ​dogs, he grooms 131131 ​
borishaifa [10]

Answer:

Profit will increase by $2.3

Explanation:

Data provided in the question:

If instead of grooming 130130 ​dogs, he grooms 131131 ​dogs

Marginal cost = $65.82

Marginal revenue = $68.12

Now,

The effect on his profits of grooming 131 dogs instead of 130 ​dogs will be:

Change in profit = Marginal revenue - Marginal cost

or

Change in profit = $68.12 - $65.82

or

Change in profit = $2.3

Hence,

Profit will increase by $2.3

7 0
3 years ago
A manager is concerned that there isn’t enough time spent on production and too much time spent on setups. The manager decides t
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It will result in an increase in average inventory as larger batches require more time to be completed.

<h3>What is Operations Management?</h3>

Operations management (OM) is the management of business practices within an institution to achieve the highest level of efficiency possible. It is involved with converting materials and labor as efficiently as feasible into goods and services in order to maximize an institution's profit.

<h3>What are the 3 types of operations management?</h3>
  • Product design and product.
  • Planning and managing of manufacturing facilities.
  • Purchasing/procurement.
  • Forecasting.
  • Capability planning.
  • Inventory control.
  • Quality control.
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To learn more about Operations management, refer

brainly.com/question/1382997

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3 0
2 years ago
Assume all items involve cash unless there is information to the contrary. (a) Purchase of equipment. choose the type of cash fl
VARVARA [1.3K]

Answer: Please see answer in explanatory column

Explanation:Classifying each according to cash flow activity in terms of operating, investing, or financing activity gives

(a) Purchase of equipment.-----investing activity

(b) Sale of building.-----investing activity

(c) Redemption of bonds.-----financing activity

(d) Cash received from sale of goods.  ------investing activity

(e) Payment of dividends.-------financing activity

(f) Issuance of capital stock.  -------financing activity

4 0
3 years ago
As Shirley responded to a personnel director's concerns about changing to the health-care plan her firm offered, she said, "I ca
erik [133]

Answer:

<u>Reffeal</u>

Explanation:

A letter of reference is an effective method for establishing clear communication with information needed to clarify possible doubts and bring credibility. It should be written in a formal manner, highlighting the strengths of the message to be conveyed beyond clear, accurate and honest language.

5 0
3 years ago
It's &amp; called
mr_godi [17]
Its called Commensalism – symbiotic
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2 years ago
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