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Usimov [2.4K]
3 years ago
6

Percent of all profits and losses, this extra allocation indicates total goodwill of $150,000, which must be split among all par

tners.
Business
1 answer:
ivann1987 [24]3 years ago
8 0
This fact is true, but is this a question?
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Camille transfers property with a tax basis of $800 and a fair market value of $1,200 to a corporation in exchange for stock wit
Yuki888 [10]

Answer:

$1,100

Explanation:

The computation of the amount realized is shown below:

= Fair market value of exchanged for stock + cash in a transaction - selling expenses incurred

= $850 + $350 - $100

= $1,100

Basically we have added the cash and subtracted the sales expenses to the fair market value so that the correct amount of the realized amount will come in.

4 0
3 years ago
What is the difference between simple and compound interest rates
Vlada [557]

Answer:

see below

Explanation:

Simple interest is a method of calculating gains or yields from savings, deposits, or credit. In simple interest, the interest earned is a constant figure throughout the life of an investment or loan. Simple interest is usually expressed as a percentage, called the interest rate. It is calculated by multiplying the interest rate by the principal amount and by the time. The interest rate quoted applies for a year.

Unlike simple interest, interest earned in compound interest increases every year. Compounding interest refers to the practice of adding interest earned to the principal amount. An increase in the principal amount results in an increase in the interest earned. Due to the compounding effect, a compound interest-earning account will yield more interest than a simple interest-earning account.

3 0
3 years ago
The selected inventory costing method impacts:________
Alisiya [41]

Answer:

The correct option is a) Gross profit and ending inventory.

Explanation:

The inventory technique is a method of accounting for calculating the value of an inventory. The approach calculates the ending inventory balance by comparing the inventory cost to the merchandise price.

There are three methods for valuing inventory whic are FIFO (First In, First Out), LIFO (Last In, First Out), and WAC (Weighted Average Cost) (Weighted Average Cost). The gross profit and ending inventory are affected differently by each of these costing methods.

This implies that the selected inventory costing method impacts gross profit and ending inventory.

Therefore, the correct option is a) Gross profit and ending inventory.

4 0
2 years ago
In the context of purchasing systems involved in the traditional transaction processing systems, when a(n) _____ arrives from a
Degger [83]

Answer:

Product

Explanation:

  • In a purchase system the involvement of the traditional transactions takes place as when the product or item arrives to form a supplier its matched to the original order of the referring report which is then sent to the department for checking the content and the report generated is in the inventory  
  • Of the list of items the vendor dispatches and later on checks the consistency of the product. An assessment report is made for the system and the result is compiled in the database management system.
7 0
3 years ago
How do society, politics, and culture affect HRM?
saul85 [17]

Explanation:

Human resource management is responsible for attracting, retaining and helping employees to develop skills that will contribute to an organization achieving its objectives and goals.

Therefore, this strategic business area is directly impacted by society, politics and culture, as human capital in companies is increasingly valued in companies, as today's society is more connected and more informed, which requires companies to adapt to increasingly developed and organized standards with respect to labor relations.

The globalized world directly impacted the relationship between the employee and the company, as it is necessary to stand out in an environment where there is so much competition, and this is also included in the area of ​​human resources, because through an effective HR management, it is possible to capture and retaining talent for the organization that adapts to a world where there is greater interaction, greater need for innovation and vision.

The policy is also essential for the protection of employees and their rights, which means that HR must not only comply with legislative requirements for hiring, but also offer benefits that exceed those required, so that candidates are attracted to work in a company well positioned in the market.

8 0
3 years ago
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