Today's manufacturing workplace is most likely to include?

Lake Incorporated purchased all of the outstanding stock of Huron Company paying $967,000 cash. Lake assumed all of the liabilit

stich3 [128]

Answer:

Goodwill is $262,800

Explanation:

Goodwill is the excess of purchase consideration over fair value of net assets

Fair value of net assets is the fair value of total assets minus fair value of total liabilities

Fair value of total assets=$124,200+$757,000=$881,200

fair value of total liabilities=$177,000

fair value of net assets=$881,200 -$177,000=$704,200

Goodwill=purchase consideration-net assets

purchase consideration is $967,000

fair value of net assets $704,200

goodwill=$967,000-$704,200

goodwill=$262,800

The correct option is the third option in the multiple choices

3 0

3 years ago

The government uses the revenue from taxes to pay for goods and services for the community. True False

nexus9112 [7]

The answer is true because without our tax maney we wouldnt have goods and services.

6 0

3 years ago

Read 2 more answers

Discuss the role of management in the larger societal context. what do you think the managers of the future will be like?

olganol [36]

Management recreates a vital role in modern culture. It contains the factories of production for social progress, greater productivity, increased jobs and income, better performance, and the satisfaction of society's needs.

<h3>What do you think the managers of the future will be like?</h3>

Management plays an important part in setting the boundaries for what is sufficient ethically and legally. Future managers will be international strategists, right at technology, politicians, and good leader-motivators. . It enables the development of society and the welfare of the public. The future of management depends on flexibility, adaptation, and pragmatism.

To learn more about Management visit the link

brainly.com/question/14523862

#SPJ4

5 0

2 years ago

Gary's Pets hired a managerial accountant to help forecast the company's expenses and income for its first year in business. Thi

zimovet [89]

Answer: The Annual report is the financial plan of Garys's Pets of moving strategy from Point A to Point B over for the year.

Explanation:

Every company furnishes and publishes its Annual Report for the public review per year. It can be considered as the Report which is formulated with the help of four subreports produced in each quarterly period. Point A is the stage of implementation of project of many plans. Then when the company achieves its target and then it can release a strong financial statement of the Annual Report.

The Annual Report not only administers the actual scenario of business development, but it also exhibits the good reputation of the company to attract more customers by adopting powerful business strategies.

7 0

3 years ago

One criticism against "supply-side" cuts in marginal tax rates is that they fail to:

Virty [35]

<span>One criticism against the ‘supply-slide’ cuts in the marginal tax rates is that they fail to increase the aggregate supply in a more rapid way, in which are the goods and services in total that are available in the market and that they fail to increase it more than of the aggregate demand which is the goods and services’ final demand.</span>

4 0

3 years ago

Today's manufacturing workplace is most likely to include￼?

Today's manufacturing workplace is most likely to include?