102. Grande Company purchases Enfant Company for €13,985,000 cash on January 1, 2011. The book value of Enfant Company’s net assets reported on its December 31, 2010statement of financial position was €12,620,000. Grande's December 31, 2010 analysisindicated that the fair value of Enfant's tangible assets exceeded the book value by€560,000, and the fair value of identifiable intangible assets exceeded book value by€245,000. How much goodwill should be recognized by Grande Company when recordingthe purchase of Enfant?.
Answers
In an acquisition process, the acquiring company needs to recognize the fair value of the net assets acquired by the acquired company.
If the acquiring company pays more than the fair value of the net assets, the difference is recognized as goodwill. In this problem, the fair value of Enfant's net assets is €13,425,000 (book value of €12,620,000 + €560,000 + €245,000).However, Grande Company purchases Enfant Company for €13,985,000 cash. This amount is higher than the fair value of the net assets by €560,000 (€13,985,000 – €13,425,000).
Therefore, the goodwill recognized by Grande Company when recording the purchase of Enfant is €560,000.Answer: €560,000.
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Related Questions
For purposes of determining gross income, which of the following is true?
a. Embezzlement proceeds are not included in the embezzler's gross income because the embezzler has an obligation to repay the owner.
b. A taxpayer who finds a wallet full of money is required to recognize income even though someone may eventually ask for the return of the money.
c. A mechanic completed repairs on an automobile during the year and collects money from the customer. The customer was not satisfied with the repairs and sued the mechanic for a refund. The mechanic can defer recognition of the income until the suit has been settled.
d. All of these choices are false.
e. All of these choices are true.
Answers
The correct option is b. A taxpayer who finds a wallet full of money is required to recognize income even though someone may eventually ask for the return of the money. This is because the taxpayer has received a windfall gain that is not offset by any corresponding obligation or liability.
Embezzlement proceeds, on the other hand, are included in the embezzler's gross income because they represent an increase in wealth that is not a return of capital or offset by any liability. The fact that the embezzler has an obligation to repay the owner does not change this.
Similarly, the mechanic cannot defer recognition of the income until the suit has been settled because the income was earned in the year in which the repairs were completed and the money was collected. The fact that the customer later sued for a refund does not change this.
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When working on a bullet list you can define a custom bullet character by selecting any symbol available and using it as the bullet.
True
False
Answers
Answer:
True
Explanation:
variable costs are the costs that are incurred to build factories and assembly plants. are independent of the amount of output produced. stay fixed with the quantity of output produced. vary with the quantity of output produced.
Answers
Variable costs are the costs that are incurred to build factories and assembly plants vary with the quantity of output produced
An expense for the company that varies according to how much is produced or sold is called a variable cost. Depending on a company's production or sales volume, variable costs rise or fall. They rise as production rises and fall as production declines.
But not all variable costs are related to direct expenses. For instance, variable overhead costs in manufacturing are variable expenses that are indirect costs rather than direct costs. Because they change depending on how many units are produced, variable costs are also known as unit-level costs.
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Which type of chart or graph shows data with distinct x and y values?
O a bar graph
O a scatter plot
O a line chart
O a pie chart
Answers
Answer:
A. a bar graph is the answer
Janice is beginning an international shipping company and is seeking global investors. She will be sending information ahead and then traveling to various countries for face-to-face meetings with top investors. She is considering her options and comparing different types of business plans.
Which is best for her to create?
1.lean startup business plan
2.profit and loss statement
3.traditional business plan
4.vision statement
Answers
Considering the available options, the best business plan Janice should create in this situation is a "traditional business plan."
Why Traditional Business Plan?The Traditional Business Plan is a document that enables business firms a company to receive financial support such as investment, loans, etc., and to make future forecasts and effectively market to consumers or customers.
Therefore, since Janice will meet top investors, she should prepare a traditional business plan that will reveal the in and out of business, including the market analysis and the financial plan.
Hence, in this case, it is concluded that the correct answer is option C. "Traditional Business Plan."
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the binary code for sos is information and the word "help!!!" is knowledge.
Answers
The statement that "the binary code for sos is information and the word 'help!!!' is knowledge" highlights the difference between two related but distinct concepts: information and knowledge. Information refers to data that has been processed and organized in a meaningful way, while knowledge refers to a deeper understanding or comprehension of information.
In the case of the binary code for "sos," it can be viewed as information because it is a sequence of data that has meaning in a particular context. Specifically, the code for "sos" is a distress signal used in emergency situations, such as when a ship is in danger. While the binary code for "sos" is a form of information, it is not particularly useful unless someone understands what it means and how to respond appropriately.
On the other hand, the word "help!!!" is an example of knowledge because it represents a deeper understanding of the situation and the appropriate action to take. Someone who sees the distress signal "sos" and understands its meaning may respond with "help!!!" because they possess the knowledge that this is the appropriate response in an emergency situation.
In summary, the binary code for "sos" and the word "help!!!" demonstrate the difference between information and knowledge. While information can be processed and organized in a meaningful way, it is only when it is deeply understood and applied that it becomes knowledge.
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When should a person proceed with a
choice in terms of marginal benefits
and cost?
O when the market is high
O when there is no difference
O when the benefits outweigh the
cost
Answers
Answer:
when the difference outweighs the cost
Alex invests $300 in a company. He will receive 6% simple interest annually for the next 5 years.
Answers
Answer: Simple interest 1,500
Annually compounded interest 3,363.75
Explanation:
corporations may issue which of the following debt securities? i. equipment trust bonds ii. mortgage bonds iii. general obligation bonds iv. revenue bonds
Answers
Corporations may issue equipment trust bonds, mortgage bonds, general obligation bonds, and revenue bonds.
Bonds are a form of financial instrument that is used to raise capital. They can be issued by governments, corporations, or other entities to raise money for a variety of purposes, including funding new projects, paying off debt, or providing cash to investors. Ways of issuing debt securities by corporations: There are several types of debt securities that corporations may issue, including:1. Equipment trust bonds Equipment trust bonds are debt securities issued by corporations to finance the purchase of equipment. The bonds are secured by the equipment, and the corporation is required to make regular payments to bondholders until the bonds are repaid in full.
2. Mortgage bonds Mortgage bonds are debt securities issued by corporations to finance the purchase of real estate. The bonds are secured by a mortgage on the property, and the corporation is required to make regular payments to bondholders until the bonds are repaid in full.3. General obligation bonds General obligation bonds are debt securities issued by corporations to finance general operations. The bonds are secured by the corporation's assets, and the corporation is required to make regular payments to bondholders until the bonds are repaid in full.4. Revenue bonds Revenue bonds are debt securities issued by corporations to finance specific projects. The bonds are secured by the revenue generated by the project, and the corporation is required to make regular payments to bondholders until the bonds are repaid in full.
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Like an abstract in a report, this is a one-or two-paragraph summary of the product or service and how it meets the re quirements and exceeds expectations is known as the back ground section of a business proposal .
Answers
Effective business proposals are centered on a fantastic concept or resolution. Although you might be able to do it in an engaging fashion, you want your document and its solution to stand out against the backdrop of other offers.
the concept Who, what, when, why, and how. Be precise and succinct. Keep your language concise and avoid overstating. To prove your goods or service, use logical, well-supported arguments.
Which section of the business plan details how the company has dealt with problems?The executive summary should give a brief description of the issue that your company addresses, your proposed solution to the issue, the business's target market, major financial highlights, and a list of the management team's responsibilities.
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Define about informal education tutor
Answers
Answer:
Informal education is a general term for education that can occur outside of a structured curriculum. Informal education encompasses student interests within a curriculum in a regular classroom, but is not limited to that setting. It works through conversation, and the exploration and enlargement of experience.
Explanation:
Imagine that confidential information stored on your employer's servers is compromised in a data breach. This information contains customer identities, addresses, and financial information, as well as similar kinds of information on company business plans, pending patents, and intellectual property. Finally, the stolen information contains the confidential records for employment (ie, names, addresses, social security numbers, and so on). Do you think you know what to do, both as a person and as a company? How should a company in this position respond, and what do appropriate counter-measures and plans look like?"
Answers
As an individual, if you discover a data breach, immediately report it to your employer's IT or security team.
As a company, respond by conducting a thorough investigation, notifying affected individuals, offering assistance, implementing stronger security measures, and cooperating with authorities.
Appropriate counter-measures include encryption, access controls, regular security audits, employee training, and incident response plans. Plans should focus on prevention, detection, containment, and recovery.
In the event of a data breach involving confidential information, both individuals and companies need to take appropriate actions. As an individual, if you become aware of a data breach, it is crucial to promptly report the incident to your employer's IT or security team. This immediate action allows the company to initiate their incident response procedures promptly.
From the company's perspective, a comprehensive response is essential. The first step is to conduct a thorough investigation to determine the extent of the breach, the information compromised, and the cause of the breach. This investigation will provide valuable insights to guide subsequent actions.
Once the investigation is complete, the affected individuals should be notified promptly. Clear and concise communication is vital to inform customers about the breach, what information was compromised, and any potential risks they may face. Additionally, offering assistance, such as credit monitoring services or identity theft protection, can help mitigate the impact on affected individuals.
To prevent future breaches, the company should implement stronger security measures. These may include encryption of sensitive data, robust access controls to limit unauthorized access, regular security audits to identify vulnerabilities, and comprehensive employee training on security best practices.
Furthermore, a well-defined incident response plan is crucial. This plan should outline the steps to be taken during a breach, including prevention, detection, containment, and recovery strategies. Regular testing and updating of the plan ensure its effectiveness and readiness.
In summary, both individuals and companies need to act swiftly in the event of a data breach. Companies should respond by conducting investigations, notifying affected individuals, offering assistance, implementing stronger security measures, and cooperating with authorities. Effective counter-measures involve encryption, access controls, regular security audits, employee training, and well-defined incident response plans.
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In an answer of at least two well-developed paragraphs, define the terms shortage and surplus and explain how each impact the prices of goods in the marketplace.
I will make you brainliest and you'll get 25 points
Thank youuu. I know its a lot but I really need help.
Answers
forces of surplus and shortage guarantee that all other prices are temporary. each of these definitely impact the economy and the prices of goods. if there is a shortage, most likely the price is going to go up. if there is a surplus, the price most likely will go decrease
sorry if this didn't help!!!
. A quadratic polynomial whose one zero is 6 and the sum of the zeroes is 0, is x*2-6
True
False
pls tell fast
Answers
Answer:
False
Explanation:
From the question, we can see that a quadratic polynomial is made up of two elements or variables called zeros in this question
From the question, we are told that one variable (zero) = 6
The second variable (zero) = unknown , therefore we can represent the second variable as Y
We are told that the sum of the variables = 0
This means:
6 + Y = 0
Therefore, Y = 0 - 6
Y = -6.
The second variable ( zero) = - 6
Since it is a quadratic polynomial,
The roots of the polynomials are the variables 6 and -6
Hence, we have:
(x + 6) (x - 6) = 0
Expanding the brackets
x² - 6x + 6x - 36 = 0
= x² - 36 = 0
Therefore, a quadratic polynomial whose one zero is 6 and sum of the zero is 0 is x² - 36 = 0
This means the statement made in the question above "A quadratic polynomial whose one zero is 6 and sum of the zero is 0 is x²-6" is false
Having just graduated with a degree in business, Brianna looks over several offers she has received from companies interested in her talents. She is specifically interested in the wage setup each company is offering. One wants her to manage a small store; this would be a salaried position. Another would have her working in a sales office on commission. The third is a spot in a paper company as an hourly sales manager. Brianna has been offered a chance to do per-project work for a retail company, but she would be an independent contractor. Compare and contrast these
Answers
Answer:She's just getting started financially and decides not to join her field's major professional association because she thinks it's not worth the annual fee.
Explanation:There u GO!!<3:)
what class is the most important in middle school?
A. History/Social Studies
B. Gym
C. Career
D. Health
E. Math
F. English
G. Science
H. Foreign Language Class(es)
Answers
Answer:
first,E then F then G then C and yea
Explanation:
When building a team, which profession is most similar to that of the team leader
A. builder
B. teacher
C. physician
D. coach
Answers
Answer:D
Explanation:
When building a team, a profession is most similar to that of the team leader is a coach. Thus, the correct answer is option D.
What is leadership?The ability of an individual or a group of people to influence and direct followers or members of an organization, society, or team is referred to as leadership. Leadership is frequently associated with a person's title, seniority, or position in a hierarchy.
A leadership position requires us to handle a problem, a team, or an entire organization in an ethical and effective manner. Leaders can influence and direct their teams towards a common goal. Coaching needs to be focused on set of skills in which a person needs improvement. A coach provides guidance to help the team members to reach up to their maximum potential and achieve the goal. It derives its authority from the position on the team.
Therefore, coach would be the appropriate position which is similar to that of a team leader.
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What index is used to measure the average prices paid by a typical family?
Answers
The index that is used to measure the average prices paid by a typical family is the consumer price index (CPI). This is further explained below.
What is the consumer price index?Generally, Average price changes paid by urban consumers for a market basket of consumer goods and services are tracked by the Consumer Price Index (CPI). Indexes for the United States and other regions are available.
In conclusion, The Consumer Price Index (CPI) is used to quantify the average cost of living for a typical household (CPI).
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Registered Representatives would be liable for damages in the use of material, non-public information in all of the following situations except: (A) The representative decides not to share the information and does not trade based on the information (B) The representative decides not to share the information with others but does make trades in his personal only (C) The representative trades using the information after notifying officers of the firm (D) The representative decides not to trade using the information but shares the information with others who do use the information for trading purposes.
Answers
Answer: (A) The representative decides not to share the information and does not trade based on the information.
Explanation:
The use of material, non-public information in securities trade is called insider trading and creates an unfair advantage and so is illegal under any circumstances and considered a violation of the Insider and Trading Fraud Enforcement Act of 1988.
A Registered Representative would therefore only be liable for no damages if they never trade on material, non-public information because if they are found to, regardless of the reason, they will incur damages.
Why is it important for a human resource manager to carefully maintain
employee records?
Answers
Answer:
Certain records require employee privacy to be protected. Not maintaining and following best practices for employee record keeping leaves you vulnerable to defending yourself against lawsuits, labor investigations or audits.
Explanation:
How do you get people to back off
Answers
Answer:
tell them you'll beat am up lol
Answer:
Tell them "Yoooo get the f away or imma push you away"
Which of the following is an example of a soft skill?
O A. Ability to use CSS spreadsheets
B. Ability to manage spreadsheets
C. Ability to work well with a project team
D. Ability to manipulate images using computer software
Answers
The ability to work well with project teamwork of the following is an example of a soft skill. The correct option is C.
Soft skills are character traits that help people interact with others positively and successfully. They are immaterial and typically do not pertain to a particular profession or sector of the economy. Soft skills examples include emotional intelligence, teamwork, problem-solving, flexibility, leadership, and communication.
The traits and aptitudes that enable you to work successfully with others during discussions, projects, meetings, or other collaborations are known as teamwork skills. Your capacity for effective communication, attentive listening, responsibility, and honesty are all necessary for teamwork.
Thus, the ideal selection is option C.
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Briefly explain what is meant by the Islamic Financial System
and how it works, including the institutions and instruments used
in carrying out their functions!
Answers
Islamic Financial System: Based on Islamic principles, it prohibits interest, promotes ethical transactions, and operates through institutions like Islamic banks using instruments such as profit-sharing partnerships and Islamic bonds.
What are the key features of the Islamic financial system, including its principles, institutions, and instruments?The Islamic Financial System is a financial system based on Islamic principles and values that prohibit interest (usury) and promote ethical and equitable transactions.
It operates in accordance with Islamic law, known as Shariah, which governs economic and financial activities.
In the Islamic Financial System, financial transactions must adhere to specific principles such as profit and loss sharing, risk-sharing, and avoidance of uncertainty (gharar) and speculation (maysir).
It aims to promote economic justice, fairness, and social welfare.
Key institutions in the Islamic Financial System include Islamic banks, Islamic investment funds, and Islamic insurance (takaful) companies.
These institutions provide financial services that comply with Shariah principles.
They operate under the guidance of Shariah scholars who ensure the compliance of financial products and transactions with Islamic law.
Islamic financial instruments are structured differently from conventional financial instruments.
Some commonly used instruments include Mudarabah (profit-sharing partnership), Musharakah (joint venture), Ijara (leasing), Murabaha (cost-plus financing), and Sukuk (Islamic bonds).
These instruments provide alternative ways of financing, investment, and risk management that are consistent with Islamic principles.
Overall, the Islamic Financial System aims to provide a framework for ethical and socially responsible financial activities that align with Islamic values and principles.
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Vera has a June credit card balance of $476.09. Her payment due date is June 27th, with a grace period of 5 days. If her payment is late, the credit card company charges a $30 late fee.
Answers
Answer: $506.09
Explanation:
Just took the test
For questions #1 - #4: Visit the PeachState Credit Union Website
https://www.peachstatefcu.org/ (Links to an external site.) Click on Accounts --> Checking
What is the name of the account for young adults?
Group of answer choices
eXtreme Checking
CU60 Checking
Basic Checking
Fresh Start Checking
Premium Checking
Answers
Answer:
I'm pretty sure that the answer is basic checking I'm not sure but you could try it if nobody else has an answer for you :)
The figure shows the U.S. market for 1 carat diamonds. The free trade, the price
in the United States for diamonds is equal to___
and with the quota
illustrated in the figure, the price in the United States is equal to___
A. $2,000;$2,000
B. $2,000;$3,000
C. $2,000;$4,000
D. $4,000;$2,000
E. $4,000;$3,000
Answers
Answer:
Option E ($4,000; $3,000) is the appropriate alternative.
Explanation:
Assuming that America pursues a policy recognized as free-trade by imposing no limits against diamond exportation as well as importation, the amount of those policy balance shall be towards the particular moment whenever domestic supplies exceed domestic demand, in other words, $4,000. This same amount of balance would be at a stage wherever American production crosses the domestic production with something like a quota limit of $3,000 unless the U.S sets the allocation.Some other possibilities don't relate to the type of situation in question. The answer, then, is the right one.
macroeconomics
Question 12 options:
______________ occurs when
countries want to save jobs, limit imports and enhance the
viability of certain industries.
Answers
Protectionism occurs when countries want to save jobs, limit imports and enhance the viability of certain industries.
What is protectionism?Protectionism is an economic policy that is aimed at restricting imports and boosting domestic production of goods and services. It is implemented by governments and typically involves imposing trade barriers such as tariffs, quotas, and subsidies on imports and promoting local producers or manufacturers.
When countries attempt to save jobs, limit imports, and improve the sustainability of certain industries, protectionism is implemented. Its goal is to protect domestic industries from foreign competition by making imported goods more expensive or less attractive to buyers.
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at the end of 2021, koosharem corp. calculated and recorded $50,000 in depreciation on a building that it had purchased five years earlier. how will this depreciation affect koosharem’s 2021 financial statements?
Answers
The effect of depreciation on koosharem’s 2021 financial statements is that it would lead to a decrease in the net income and a decrease in assets.
Depreciation is a method that is used to decrease the carrying value of an asset due to wear and tear.
There are different methods that can be used to determine the depreciation of an asset. They include:
The double-declining method The straight line deprecation methodThe unit of production depreciation method Sum of the years deprecation method.Building is considered as an asset to the business. It is a type of fixed asset. The carrying value of the building on the balance sheet would be reduced by $50,000. Depreciation is an expense. This would lead to an expense of $50,000 which would reduce net income by the same amount.
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The country of sudan has an estimated annual growth rate of 2 percent. at this rate of growth, approximately how many years will it take for the population of sudan to double?
Answers
According to estimates, Sudan's annual growth rate is 2%. The population of Sudan will double in about 35 years if growth continues at this rate.
How is the annual growth rate determined?By considering the average revenue for a specific time period, annual growth rates are determined. The finishing value of an investment or asset is divided by the asset's initial value in the yearly growth rate formula. You get a decimal point that can be converted into a percentage when you take one out of this amount.
Growth rate = (Current value / Previous value) x 1/N - 1 is the formula.
Add the current value to the previous value and subtract it: Subtract the prior value from the present value to obtain the difference between the two. Current value minus Previous value equals Difference.
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What are the 4 mixed economic systems?
Answers
A pure market economy, a pure command economy, a mixed economy, and a traditional economy are the four primary types of economic systems.
What does the mixed economic system mean?
An economy with components of both capitalism and socialism is referred to as a mixed economy. A mixed economy safeguards private property and allows for some economic flexibility in the use of capital, but it also allows for government involvement in the market to further social goals.
What is the ideal economic system?
The finest economic system is capitalism since it offers everybody in society a variety of advantages and chances. Creating money and innovation, enhancing people's lives, and empowering the populace are a few of these advantages.
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