Answer:
B) You will be given antibiotics to reduce bacterial infection, whereas your sister will not.
Explanation:
Since you required pins to be inserted (your skin was injured), the possibility of an infection exists. In order to try to prevent or control any bacterial infection, you need to take antibiotics.
On the other hand, your sister doesn't need to take antibiotics because her skin wasn't hurt.
Answer:
Company A and Company B
Calculation of Goodwill on Acquisition:
= $212,433
Explanation:
a) Current market value of:
Tangible physical assets = $1,234,567
Intangible asset = $125,000
Total assets' value = $1,359,567
less Liabilities:
Operating = $160,000
Financial = 600,000 ($760,000)
Net value of assets = $599,567
Purchase Price (Company B) $812,000
Goodwill $212,433
b) Company A acquired Goodwill when it bought over Company B. This is an intangible asset which is calculated by subtracting the net value of assets (the difference between the fair market value of the assets and liabilities) from the purchase price of the acquired subsidiary.
I'm pretty sure both the unemployment rate and the bankruptcy rate would be higher.
Answer and Explanation:
The Journal entry is shown below:-
Bonds payable Dr, $500,000
Loss on retirement of bonds Dr, $28,750
($510,000 + $18,750 - $500,000
)
To Cash $510,000 ($500,000 × 1.02)
To discount on bonds payable $18,750 ($500,000 - $481,250)
(Being redemption is recorded)
Here we debited the bonds payable and loss on retirement of bonds as it decreased the liabilities and increased the loss and we credited the cash and discount on bonds payable as it decreased the assets and increased the liabilities
