A firm has net assets of $500,000. All of the firm's assets and liabilities have a market value approximately equal to book value, except for the following.
A/R book value is $100,000; fmv is $90,000
inventory book value is $200,000; fmv is $150,000
Loan payable has a book value of $50,000 but a market value of $45,000
How much consideration should another firm offer to acquire this firm if they do not want to create goodwill?
$445,000
$500,000
$435,000
Can't tell from the information provided
Answers
To acquire the firm without creating goodwill, another firm should offer a consideration of $435,000.
To calculate the consideration that another firm should offer to acquire the firm without creating goodwill, we start with the net assets of the firm, which is given as $500,000.
Next, we consider the assets and liabilities that have a difference between their book value and fair market value. The accounts receivable (A/R) has a book value of $100,000 but a fair market value of $90,000, resulting in a loss in value of $10,000.
Similarly, the inventory has a book value of $200,000 but a fair market value of $150,000, resulting in a loss in value of $50,000. The loan payable has a book value of $50,000 but a market value of $45,000, resulting in a loss in value of $5,000.
To calculate the consideration, we subtract the total loss in value from the net assets of the firm. The total loss in value is the sum of the losses for A/R, inventory, and loan payable, which is $65,000 ($10,000 + $50,000 + $5,000).
Therefore, the consideration that another firm should offer to acquire the firm without creating goodwill is $435,000 ($500,000 - $65,000).
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Related Questions
Put the following events from computer history in the order they happened:
Drag
Drop
Drag events here with oldest at top
The World Wide Web becomes available to the public
Scientists at Bell Laboratories invent the transistor
Apple releases the iPhone
Herman Hollerith develops electronic tabulating machine
International Business Machines, or IBM, is formed
The Apple Il is released for home consumers
Jack Kilby invents the microchip
Answers
The sequencing of the following events with respect to computer history is as follows:
In 1890, Herman Hollerith introduced a machine of electronic tabulation.In 1911, IBM or an International business machine should be developed.In 1947, The scientist invented the transistor at Bell Laboratories.In 1958, Microchip was invented by Jack Kilby.In 1977, Home consumers should be released by the Apple II.In 1993, WWW or World wide web could be accessed by the public.In 2007, iPhone should be introduced by Apple.In this way, the above events should be ordered.
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Answer:
Answer in image
Explanation:
A couple deposits $17,000 into an account earning 2% annual interest for 15 years. Calculate the future value of the investment if the interest is compounded daily. Round your answer to the nearest cent
Answers
The correct answer is $32652 the future value of the investment if the interest is compounded daily.
An investment is a purchase undertaken with the hope of earning money or increasing capital. Appreciation is the term for an asset's value rising over time. When someone invests in something, they do it with the intention of using it to generate money in the future rather than for current consumption. Why investing is crucial. Investing is a smart way to put your money to work and might even make you richer. If you make smart investing choices, your money may increase in value and outpace inflation. The key factors influencing investment's larger growth potential are the power of compounding and the trade-off between risk and return.
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Achievement of strategic goals through organization development is likely to fail if
O it involves new-direction innovation
O top managers are not committed
O leaders employ an innovation strategy
O the organization does not understand the competition
Answers
Answer: Influence is the answer
Explanation:
Voided check – a check that cannot be processed because the maker has made it invalid.
Answers
True. A voided check is one that has been marked by the maker with the word "voided" and can no longer be used as a valid payment instrument. This means that the check.
cannot be cashed or deposited, and the funds will not be transferred from the account of the maker. Individuals and businesses frequently use voided checks to provide information to banks or other financial institutions, such as their account number and routing number, which are printed on the check. The check is not intended to be used as a form of payment, but rather as a document containing the information needed to set up electronic money transfers or direct deposit. Individuals and businesses frequently use voided checks to provide information to banks or other financial institutions,
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The numbers on which of these credit cards always start with the highest digit? visa mastercard discover american express.
Answers
Discover cards are credit cards whose numbers always begin with the highest digit.
What is Discover Cards?
Discover Financial, an American provider of financial services, is the corporation that issues the Discover brand of credit cards (DFS).Discover cards were first offered by retailer Sears, Roebuck & Co. in 1985. When they were first introduced to the public in 1986, they stood out for their lower fees and innovative cash-back rewards programme. Since 2007, Discover has operated independently.Today, Discover Cards rank with Visa (V), Mastercard (MA), and American Express as some of the most extensively used credit cards worldwide (AXP). The Discover brand of consumer credit cards is well-known for its fee reductions and cash-back rewards programme.Without using intermediary bank issuers, Discover Financial offers credit cards directly to its consumers, making a profit from the interest on their outstanding amounts.To know more about Discover Cards visit:
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There are a number of different ethical issues you could discuss with your employees. What topics would serve as a good basis for the beginning of the course?
Answers
I think you should claim there to be racism and blame someone for being racist to you and that WILL show them that you are responsible and want best for them .
Hope this helped
Jeff
Jobs that require lower level skills have better benefits, like health insurance, than jobs that require a college education. Please select the best answer from the choices provided T F
Answers
Answer:
False, jobs requiring a higher level of education have more benefits than jobs that require minimal education.
Answer: f
Explanation:
what component accounts for the usually sweet taste of fruits
Answers
The component responsible for the usually sweet taste of fruits is primarily fructose, a natural sugar found in varying amounts in different fruits.
Fructose is a monosaccharide, or simple sugar, that is naturally present in many fruits. It is sweeter than glucose, another common sugar, and gives fruits their characteristic sweetness. When we eat fruits, the fructose molecules bind to sweet taste receptors on our taste buds, triggering a pleasurable sensation of sweetness.
Apart from fructose, fruits also contain other sugars such as glucose and sucrose, as well as organic acids that contribute to their overall flavor profile. However, fructose is typically the dominant sugar responsible for the sweetness that we associate with fruits.
Overall, the presence of fructose in fruits plays a significant role in their appealing sweet taste.
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Which statement is an example of inflation?
Answers
Answer:
The price level of many things you buy increases over time.
Explanation:
The question itself was a bit confusing, like there was going to be options, but i did what i could with what i was given, and found you a good example. I hope this helps! Great to be of service to you! ⚔
Often, an objection is simply a request for
A. a discount
B. a different salesperson
C. more time
D. more information
Answers
Answer:
C. and D.
Explanation:
An Objection is when a certain something strongly disagrees with a reasoning But that reasoning can be very challanging to be dealt with. an expression or feeling of disapproval or opposition; a reason for disagreeing.
Fast fine foods markets some of its products to consumers looking for simple quick meals. Fast find foots also offer another line of products targeted to to people interested in low-fat, high nutrition foods. The companies strategy of dividing the market into groups that want similar things from the products they buy is an example of
Answers
Answer: Market segmentation
Explanation:
Market segmentation is when a market is being divided based on the customers needs. Customers with similar characteristics or needs are grouped together.
Market segmentation helps a business in reaching customers with similarbjeeds quicker and this leads to improvement in satisfaction and customer relationships. This is the method used by Fast fine foods.
the percentage change in the demand for one good divided by the percentage change in the price of a related good is the
Answers
The percentage change in the demand for one good divided by the percentage change in the price of a related good is the "cross-price elasticity of demand."
The cross-price elasticity of demand measures the responsiveness of the demand for one good to changes in the price of another related good. It indicates whether the two goods are substitutes or complements.
If the cross-price elasticity of demand is positive, then the two goods are substitutes. This means that as the price of one good increases, the demand for the other good will increase. For example, if the price of Coca-Cola increases, consumers may switch to Pepsi instead, leading to an increase in the demand for Pepsi
If the cross-price elasticity of demand is negative, then the two goods are complements. This means that as the price of one good increases, the demand for the other good will decrease. For example, if the price of automobiles increases, the demand for gasoline may decrease, as people may reduce their driving.
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PLZ HELP ASAP 20 POINS FOR CORRECT ANSWER!!!!!!! Jonson Works in a retail store and updates all the sales records by the end of the day he needs to send the weekly sales report to his supervisor which type of data processing technique will he use to carry out his duties efficiently?
Johnson will use the__processing system to update the sales records send a weekly report to a supervisor
Answers
Answer:
data processing system
Answer: Transaction processing system
Explanation: im the ceo of apple
True or False?
Social workers work at both the state and national level.
Answers
Explanation: because true
MPUM BOTTLE MANUFACTURERSTABM)
Mpumi Bottle Manufacturers is a large business well known for supplying quality plastic
bottles, is the most customer-centric company, that build a place where people can come
find any bottle. The financial manager borrowed money from Blue bank at a high-interest
rate to buy material and equipment for manufacturing bottles. MBM has recently appointed
two experienced employees who are responsible for branding the bottles
The demand for branded bottles increased in other provinces they opened another branch
in North West Province. Raheem Trading opened a similar business that offers the same
services at a lower price,
Gail, the director shares the understating of how things are done in the business to
accomplish the business mission Raheem Trading's board of directors strongly believes in
good leadership and management for the success of the business.
Bennie the purchasing manager, at Raheem Trading ensures that there is enough stock
available for continuous production, Place orders with suppliers and follow up on them.
The credit department supervisor educates consumers on making the right choices when
they apply for credit
1.1.1 Quote the visions statement of mpumi bottle manufacturers in the case study above
1.1.2 Name ONE component/feature of each business environment in the cas study above .motivate your answer by quoting from the case study
Answers
Answer:
Name one component/feature of each business environment in the case study
Esmeralda promises to pay fiorello $400 because ""he does not have as much money as other people. "" esmeralda’s promise is not enforceable because.
Answers
Esmeralda's promise is not enforceable because society does not want gifts cheapened by making them legally enforceable because society does not want gifts cheapened by making them legally enforceable.
A legally enforceable contract means that you can keep the promise of the other party. If the other party fails or refuses to meet its obligations, the contract can be fulfilled in accordance with the law.
A non-enforceable contract or transaction is valid but not enforced by the court. Unenforceable is typically used in conflict with void (or void ab initio) and voidable. If the parties implement the agreement, it is valid, otherwise, the court will not enforce them.
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Expenses that need to be paid before a new business can open are called
O operating expenses
O start-up costs
O ending Inventory
Po beginning inventory
Answers
Answer:
O start-up costs
Explanation:
Start-up costs are the expenses incurred in setting up a business. They include registration fee, legal fee, office rent, inventory, cost of hiring workers, office furniture expenses, and related logistics costs. Start-up costs are also called start-up capital.
Start-up costs are incurred by the business owner. In most cases, start-up costs come from the owner's savings but could also be borrowed funds.
If the total budget deficit is $200 billion and the deficit at full employment is $120 billion, then the Multiple Choice a. Cyclical deficit is $120 billion b. Cyclical deficit is $80 billion c. Structural deficit is $320 billion d. Structural deficit is $80 billion
Answers
If the total budget deficit is $200 billion and the deficit at full employment is $120 billion, then the cyclical deficit can be calculated by subtracting the deficit at full employment from the total budget deficit. In this case, the cyclical deficit is $80 billion (option B).
1 Total budget deficit: This is the amount by which the government's total expenditures exceed its total revenues, which in this case is $200 billion. 2. Deficit at full employment: This is the deficit that would exist if the economy were operating at its potential output, or full employment level. In this case, it is given as $120 billionNow, let's bre. ak down the total budget deficit into its components: 3. Cyclical deficit: This is the portion of the total budget deficit that is attributable to fluctuations in economic activity or the business cycle. 4. Structural deficit: This is the portion of the total budget deficit that would remain even if the economy were operating at its potential output. Using the given information, we can calculate the cyclical deficit and structural deficit as follows: Total Budget Deficit = Cyclical Deficit + Structural Deficit $200 billion = Cyclical Deficit + $120 billion (deficit at full employment) To find the cyclical deficit, we subtract the deficit at full employment from the total budget deficit: Cyclical Deficit = $200 billion - $120 billion = $80 billion
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Using these data from the comparative balance sheet of Carla Vista Co. , perform vertical analysis. (Round percentages to 1 decimal place, e. G. 12. 5%. ) Dec. 31, 2022 Dec. 31, 2021 Amount Percentage Amount Percentage Accounts receivable $417,600 % $360,000 Inventory $ 732,000 % $610,000 Total assets $3,169,200 % $2,780,000
Answers
The vertical analysis for the comparative balance sheet of Carla Vista Co. reveals that accounts receivable increased from 12.9% to 13.2% and inventory increased from 21.9% to 23.1% from 2021 to 2022.
Vertical analysis is a technique used to evaluate a company's financial performance by comparing line items on its financial statements. It involves expressing each item as a percentage of a base amount. In this case, we will use the total assets as our base amount for both years.
To perform vertical analysis on the comparative balance sheet of Carla Vista Co., we will divide each item by the total assets and multiply by 100 to get the percentage.
For accounts receivable, we have $417,600 in 2022 and $360,000 in 2021. Dividing each of these amounts by the total assets of $3,169,200 and $2,780,000, respectively, we get percentages of 13.2% and 12.9%.
For inventory, we have $732,000 in 2022 and $610,000 in 2021. Dividing each of these amounts by the total assets of $3,169,200 and $2,780,000, respectively, we get percentages of 23.1% and 21.9%.
In conclusion, the vertical analysis for the comparative balance sheet of Carla Vista Co. reveals that accounts receivable increased from 12.9% to 13.2% and inventory increased from 21.9% to 23.1% from 2021 to 2022. This suggests that the company may be increasing its sales and stocking more inventory to meet customer demand.
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Which of the following is a “DON’T” regarding scannable résumés?
a.
Print on white paper with black ink
b.
Use special characters like italics and underlining
c.
Add spaces before and after slashes
d.
Use a clean and neat overall format
Please select the best answer from the choices provided
A
B
C
D
Answers
Answer:
B
Explanation:
took it on edge2020 :)
When it comes to scannable resumes, it is not recommended that you b. Use special characters like italics and underlining.
How should scannable resumes be designed?Because they are to be scannable, they are not to have complicated characters that might be unscannable such as special characters and underlining.
They should be printed on white paper using black ink only, and should have a format that is best described as being neat and clean.
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A long term goal taking _____ years to achieve can be broken down into shorter term goals, each taking _______ years to achieve
A. 16;32
B. 16;8
C. 8;32
D. 8;16
Answers
Answer:
B. 16;8
Explanation:
A short-term goal is something you want to do in the near future. The near future can mean today, this week, this month, or even this year. A short-term goal is something you want to accomplish soon.A long-term goal is something you want to do further in the future. Long-term goals require time and planning. They are not something you can do this week or even this year. Long-term goals usually take 12 months or more to achieve.John has a gross income of $60,000. He is single and is choosing to take a deduction for all single people amounting to $6,300. What does this $6,300 represent? a standard deduction an itemized deduction an earned income credit an adjusted gross income
Answers
Answer:
A standard deduction
Explanation:
John is taking a standard deduction. A standard deduction is deduction on taxable income that the IRS allows for individuals that are not making use of itemized deductions to reduce their income tax. Standard deduction may apply to people based on status, age, disability or other criteria listed.
Standard deduction is different from itemized deduction and both cannot be used together. Itemized deduction applies by listing allowable expenses that are deducted from taxable income such as charity donations, property, medical expenses etc.
a standard deduction
your report discusses trends in net profits over a period of four years. to visually display these trends, you should use a
Answers
When the report clearly and accurately discusses trends in net profits over a period of four years. To visually display these trends, you should use a line chart or a graph.
To visually display trends in net profits over a period of four years, you should use a line chart or a graph. A line chart would allow you to plot the net profits over time on a continuous scale, showing the direction and magnitude of changes in the profits. You could also use a bar chart to compare the net profits of different years side by side. A line graph is a type of chart used to display trends or patterns over time.
It consists of a series of data points connected by straight line segments, with the horizontal x-axis representing time and the vertical y-axis representing the value of the data. This type of graph is useful for showing changes in data over time and can help identify patterns and trends in the data.
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The complete question is:
Your report discusses trends in net profits over a period of four years. To visually display these trends, you should use a _______.
decision point: employee 3: kelly you look at the third employee, kelly. she is fresh out of college, with a degree in graphic design. her resume and references indicate that she is artsy, creative, and open to new life experiences, but that she is also sensitive and disorganized, and dislikes rules. based on this information, what team responsibilities would kelly find difficult to perform?
Answers
Based on this information, Maintaining the customer database team responsibilities would Kelly find difficult to perform.
The most valuable asset a business can possess is its customers. A company may sell to the same customers repeatedly depending on the type of industry. Other business models sell to clients only occasionally or never at all and are always on the lookout for new clients. An operation may be performed on a patient by a surgeon once, and that patient may never need another operation. On the other hand, a dentist regularly sees patients just once or twice a year. Due to the demand for their services, they will interact with customers in a different way.
The way a business uses customer information can therefore be crucial. The information gathered from each individual is compiled into a customer database. The database might have a person's name, address, phone number, and email address among other contact details. Future requirements as well as previous purchases may be included in the database.
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What do you think the future trend of women's involvement in
marketing and executive level careers will be?
Answers
Future trend of women's involvement in marketing and executive level careers:
1. Increasing representation of women in leadership positions.
2. on diversity and inclusion.
3. Advancement in closing the gender pay gap.
4. Continued efforts to break gender stereotypes and biases.
5. Greater support for work-life balance and flexible work arrangements.
The future trend of women's involvement in marketing and executive level careers is expected to witness positive developments. Firstly, there will likely be an increasing representation of women in leadership positions. Organizations are recognizing the value of diverse perspectives and the benefits of gender-balanced leadership teams.
Furthermore, there will be a growing emphasis on diversity and inclusion, with companies actively working to create inclusive environments that support the advancement of women. This includes implementing policies and initiatives to ensure equal opportunities for career growth and development.
Efforts to close the gender pay gap are also expected to continue. As awareness grows, organizations are striving to address pay disparities and ensure equitable compensation for women in marketing and executive roles.
Breaking gender stereotypes and biases will remain an important focus. Society's perception of women's capabilities in leadership positions is changing, and organizations are challenging traditional norms to promote gender equality and recognize individual merit.
Additionally, there will be greater support for work-life balance and flexible work arrangements. Recognizing the importance of work-life integration, companies are adopting policies and practices that enable women to succeed in their careers while maintaining personal well-being and family responsibilities.
Overall, the future trend indicates a positive shift towards increased opportunities, recognition, and support for women's involvement in marketing and executive level careers, fostering a more diverse and inclusive professional landscape.
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on october 1, 2024, heatherfield, incorporated lends $100,000 to another company and accepts a 24-month, 6% note. what is the amount of interest revenue heatherfield will report in its 2024 income statement?
Answers
Heatherfield will disclose $4,500 in interest income in its 2024 income statement.
What exactly does "interest income" mean?Interest income is the money made through loans to other businesses. The expression is frequently used in a company's income statement to describe the interest earned on cash held in savings accounts, certificates of deposit, or other investments.
On a larger scale, interest income refers to the earnings that an investor's capital in a project or business generates. An easy and basic way to calculate it is to multiply the principal amount by the interest rate that is being applied, taking into consideration the number of months or years the money is being borrowed.
$100,000 × 6% × 9/12 = $4,500
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Name the Airline that Officially Flew springboks
Answers
Answer: FlySafair
Explanation:
FlySafair is a domestic airline in South Africa that is the official sponsor of the South African national rugby team, the Springboks.
FlySafair officially flies the Springboks to locations within and around South Africa and they have been credited with being one of the most punctual airlines there is and have drawn massive praise from Jurie Roux who is the CEO of SA Rugby.
Which of the following should NOT appear on a resume?
age
work experience
education
references
Answers
Answer:
Age
Explanation:
Age should not appear on a resume.
Extra : -
These also should not appear on a resume
Too much informationA solid wall of text.Spelling mistakes and grammatical errors.Inaccuracies about your qualifications or experience.Unnecessary personal information.Your age.Negative comments about a former employer.Details about your hobbies and interests.All of the following are true regarding traditional manufacturing except a.traditional manufacturing practices tolerate defects. b.traditional manufacturing practices increase inventory to protect against process problems. c.traditional manufacturing practices decrease lead time to protect against uncertainty. d.traditional manufacturing practices emphasize product oriented layout.
Answers
Answer: c.traditional manufacturing practices decrease lead time to protect against uncertainty.
Explanation:
The traditional manufacturing practices tolerate defects and also increase inventory to protect against process problems.
It should also be noted that traditional manufacturing practices emphasize product oriented layout.
The option that traditional manufacturing practices decrease lead time to protect against uncertainty is false.
the purchase of goods and services, the sale of goods and services to customers, and costs to operate the business are all reported on the statement of cash flows under____activities.
Answers
Money used to cover interest on long-term debts. This is a for-profit venture.
What do you think of as interest?Interest is the cost of borrowing money or the cost of lending money. Interest is frequently calculated as an annual percentage of the amount borrowed. The interest rate on the loan is represented by this percentage.
Among banks, one has the highest interest rates:The rates for DCB Bank FDs range from 3.75-7.85% p.a. for the general public and from 4.25-8.35% p.a. for senior citizens on terms of 7 days to 10 years. For tenures of five years, DCB Bank Tax Saving FDs offer interest rates of 7.60% annually for the general public and 8.10% annually for senior citizen depositors.
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