Answer:
$0
Explanation:
The computation of the annual amortization for goodwill is shown below:
As we know in the case of goodwill, the impairment test is to be done on periodic basis and if there is any fall in the value so the same is to be reported as the impairment loss
So for goodwill, no amortization is to be done
hence, the annual amortization is zero
Answer:
Explanation:
Revenue is $150 per semester credit hour
Materials cost = $21*45=$945
Labor cost = $4500
Overhead cost = $27,000
Total cost=$945+$4500+$27,000=$32,445
Multifactor probability = Revenue/Total cost = (150+80)*45/32,445=10,350/32,445 = 0.32
Answer:
Explanation:
Issued 20,000 shares of $8 par common stock for $26 a share; brings total shares outstanding to 50,000 shares
Bank A/c………Dr. 520000
To Share Capital A/c. 160000
To Paid in excess of par 360000
Issued 6,000 shares of $100 par, 6%, cumulative preferred stock for $150 per share
Bank A/c………Dr. 900000
To Preferred Stock A/c. 600000
To Paid in excess of par. 300000
When the market value of the common stock reached $15 a share, company A declared a 3-for-1 stock split reducing the par value to $188 per share.
Share Capital (par value at 8) 400000
To Share Capital (par value at 2.67)
400000
Answer and Explanation:
a. The equilibrium quantity for the given two tables is
As if the equilibrium price is $8 so the six consumers i.e bob, barly,bill,bart, brent, betty) are paying more than the equilibrium price and on the other hand six producers (carlos, courtney, chunk, cindy, craig, chad) are accepted the price as the equilibrium price is more than the accepted price
Hence, the equilibrium quantity is 6
b. Now if all the buyers are free to ride so the quantity supplied by private sellers is 0 as the minimum accepted price is more than the willingness price as producers is not able to produced
c. At imposing $2 per bag tax on sellers, the new equilibrium price is $9 as the price rise to $9
Answer:
The present value of the project is -$10,465.64
Explanation:
The net present value computation for Joannette Inc is set below
In year zero $520,000 and $600 would be incurred on the machine purchase and working capital respectively.
In years 1 to 6 the cash inflow of $112,000 would recorded in respect of reduction in labor costs and other costs
In year 7 ,the cash inflow of $112,000 and recoupment of net working capital would be recorded
NPV=-$526000+($112,000/(1+14%)^1+$112,000/(1+14%)^2+$112,000/(1+14%)^3+$112,000/(1+14%)^4+$112,000/(1+14%)^5+$112,000/(1+14%)^6+$112000+$52000+$6000/(1+14%)^7= ($10,465.64)
Find attached.
