Answer:
a. The factor distribution of income describes the relationship between
3. capital and total income
b. The factor market and factor prices
1. allocation of income.
Explanation:
In economics, income distribution is defined as how a nation's total GDP is distributed amongst its population. On the other-hand, The factor distribution of income is the division of total income among labor, land, and capital. <em>Factor prices, which are set in factor markets, helps in the determination of the factor distribution of income.</em>
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The answer is: " fractional t1 "
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Answer:
a) Yes, because the Fair value of the Subsidiary is less than the Equity Investment value.
b) Yes there is an Asset impairment and any asset impairment is set off against goodwill first.
c) Debit Goodwill impairment $50,000 Credit Goodwill Asset $50,000.
Explanation:
b) Balance of Equity Investment = $2,950,000 - 150,000 goodwill
= $2,800,000
Fair Value of Subsidiary = $2,750,000
Impairment = $50,000
Reason why deduct goodwill from the Equity Balance of $2,950,000 is because goodwill can be separately shown on the balance sheet under non current assets, therefore when testing for impairment on asset it must be balance of equity (net of good will) versus fair value of subsidiary.
Answer:
business plan
Explanation:
A<u> business plan</u> is a written document that details the business idea, the target market and the business's competitive advantage, financial resources available for the business, and the qualification of the management.