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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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Answer:

<u>Threat of new entrants.</u>

Explanation:

Porters Five Forces includes;

  1. The bargaining power of customers,
  2. The threat of substitute products or services and others,
  3. The bargaining power of suppliers,
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  5. Threat of new entrants.

However, it is the threat of new entrants scenario we find in Bigfoot's case because Zappos is experiencing reduced market share because of the new entrant (Bigfoot).

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2 years ago
Why is the serving size on the nutrition facts panel important?
Andreas93 [3]

Answer:

It is an important factor in diet

Explanation:

People nowadays are very worried about their diet and they demand brands to mention everything which is included in the food. It is an important factor in the diet as it contains information from nutrients, fats, proteins and sodium. Overall, it is an important factor and most of the food authorities around the world have made laws to put nutrient facts panel on the food boxes.

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Test Pilot, Inc. reported a net operating loss of $25,000 for its tax year ended December 31, 2018. Test Pilot reported income o
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Answer:

Net income after operating loss for 2019 is equal to $0 dollars and amount of net operating loss carried forward available in 2020 is equal to $5000.

Explanation:

Net loss is not deductible in the current year but can however be carried forward to the subsequent year and deducted against income in that year. Therefore the loss can only be deducted from 2019 on wards. The remainder of the net loss after deducting against 2019 income will be carried over into the subsequent  year and therefore $5000 is carried forward to the year 2020.

6 0
3 years ago
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After some troubling times in Egypt, American tourists are visiting in record numbers. As a result, demand for Egyptian pounds w
Blababa [14]
The correct answer is b) increase; appreciate.
Since more and more people go in the country, more and more money will be required and produced. Since this money will not be surplus in the economy of the country they will gradually increase their value because of the growing demand for them, thus competing with the values with the other currencies, like the American Dollar (USD).
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