Answer:
$170 million
Explanation:
First we must calculate the implied fair value of goodwill:
fair value of goodwill = Sanchez's fair value - Sanchez's asset valuation = $1,020 million - $900 million = $120 million
impairment loss = recorded goodwill - fair value of goodwill = $290 million - $120 million = $170 million
An impairment loss is a loss generated by the decline of an asset's fair value.
If Klondike inc. sold goods to customers for $5,000 cash. the cost of the goods was $3,000. the journal entry to record this transaction would include a:credit to sales $5,000.
<h3>Journal entry</h3>
Since we were told Klondike inc. sold goods to customers for $5,000 cash. The appropriate journal entry to record this transaction is;
Klondike inc. s Journal entry
Debit Cash $5,000
Credit Sales $5,000
Therefore If Klondike inc. sold goods to customers for $5,000 cash. the cost of the goods was $3,000. the journal entry to record this transaction would include a:credit to sales $5,000.
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Answer:
Professionalism.
Explanation:
Professionalism can be defined as an act which typically involves the positive behavior, conduct and attitude that are being exhibited by an employee. Thus, being a professional simply means that the person displays some level of professionalism such as being responsible, punctual, excellent, ethical, respectful, dedicated, dogged etc.
Basically, it is very important and essential for employees to act in a professional manner while performing their job functions or executing various tasks.
Hence, not showing up to work on time on a regular basis could cause your manager to question your professionalism.
I think B is the answer. The manager.
Answer:
$17,987
Explanation:
The computation of the adjusted cash balance is shown below:
= Balance in deposit in bank + Deposit in transit - Outstanding checks
= $17,037 + $5,550 - $4,600
= $17,987
We simply added the deposits and deduct the outstanding checks from the balance in deposit in the bank so that the correct amount could arrive