The answer is d) $5,000, which represents zero amortization of goodwill in 2021. Option D
Goodwill is an intangible asset that represents the excess of the purchase price of an acquired business over the fair value of its identifiable net assets.
It is considered to have an indefinite useful life and is not amortized like other intangible assets. Instead, goodwill is subject to an annual impairment test to assess if its carrying value exceeds its fair value. If it does, an impairment loss is recognized.
In the given scenario, Orange Corporation estimated customer goodwill worth $500,000. However, it is important to note that self-generated goodwill, such as through advertising and improved customer relations, is not recognized as an asset under generally accepted accounting principles (GAAP). Therefore, Orange Corporation cannot amortize this estimated customer goodwill.
Regarding the acquisition of Yellow Corporation, the purchase price of $200,000 included $75,000 in goodwill. Goodwill arising from the purchase of another entity is recognized as an asset.
However, goodwill is not amortized but subject to an annual impairment test. Therefore, Orange Corporation cannot amortize the $75,000 goodwill from the purchase of Yellow Corporation. Option D
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Sienna Rose received $3500 cash in graduation presents. She invests it in an account earning 3.35% interest compounded monthly. How long will it take for her money to grow to $5500?
It will take year(s) and month(s) for her money to grow to $5500.
(Type whole numbers.)
We are looking for the time in years and months, we know that it will take approximately 2 years and 7 months for Sienna Rose's money to grow to $5500.
To determine how long it will take for Sienna Rose's money to grow to $5500, we can use the formula for compound interest:
A = P(1 + r/n)^(nt)
Where:
A = Final amount ($5500)
P = Principal amount ($3500)
r = Annual interest rate (3.35% or 0.0335 as a decimal)
n = Number of times interest is compounded per year (monthly compounding, so n = 12)
t = Time in years
We need to solve for t. Rearranging the formula, we have:
t = (log(A/P)) / (n * log(1 + r/n))
Plugging in the values, we get:
t = (log(5500/3500)) / (12 * log(1 + 0.0335/12))
Calculating the value:
t ≈ 2.58 years
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T/F: the legal contract between the bondholders and the issuer is called the bond
The given statement "The legal contract between the bondholders and the issuer is called the bond" is true a bond is a debt security issued by corporations, municipalities, and governments to raise capital for various purposes, such as financing projects or expansion plans.
The bond contract outlines the terms and conditions of the bond issue, including the principal amount, interest rate, maturity date, and payment schedule. The bondholders lend money to the issuer in exchange for regular interest payments and the repayment of the principal amount at maturity. The bond contract also includes covenants that protect the interests of the bondholders, such as restrictions on the issuer's ability to issue additional debt or make certain business decisions.
Overall, the bond contract is a critical document that establishes the legal obligations of both the issuer and the bondholders and ensures that the bond issue is executed in a transparent and fair manner.
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Your customer, divorced with 2 children and age 52, has a portfolio consisting of 80% equities, with the remaining 20% diversified among several other products. Her annual income is $115,000. Which of the following events would most likely be cause to reallocate her investments?A) Equities are rebounding slowly after a 2-year slump.B) She has been notified by her employer that due to corporate downsizing her position is being eliminated.C) The father of her children has established trust funds for each of them in the amount of $50,000 each.D) She will be remarrying a person of considerable wealth next month.
Answer:
B) She has been notified by her employer that due to corporate downsizing her position is being eliminated.
Equities carry a high risk and if her high paying job is at risk, she will probably need to reduce her portfolio's risk.
Explanation:
the other options are wrong because:
A) Equities are rebounding slowly after a 2-year slump. ⇒ if this is true, then she should be happy with her current portfolio since 80% of it are equities.
C) The father of her children has established trust funds for each of them in the amount of $50,000 each. ⇒ if this is true, then she should be happy with her current portfolio since equities carry a higher risk but can also yield much higher returns. She should be OK with the high risk because her children will be covered by the trust fund.
D) She will be remarrying a person of considerable wealth next month. ⇒ if this is true, then she should be happy with her current portfolio since equities carry a higher risk but can also yield much higher returns. She should be OK with the high risk because she will marry a wealthy man, so the risk shouldn't be a a problem.
berholser, Inc., has an issue of preferred stock outstanding that pays a dividend of $3.15 every year in perpetuity. If this issue currently sells for $92 per share, what is the required return
The required return on the preferred stock is ≈ 0.0342 or 3.42% .The required return on the preferred stock can be calculated using the dividend discount model (DDM).
The DDM states that the value of a stock is the present value of its future dividends. In this case, since the preferred stock pays a constant dividend in perpetuity, the required return is equal to the dividend divided by the current price.
The required return on the preferred stock is calculated as follows:
Required Return = Dividend / Current Price
= $3.15 / $92
≈ 0.0342 or 3.42%
The required return represents the minimum rate of return that investors expect to earn on the preferred stock given its current market price and dividend payment. It serves as the compensation investors require for taking on the risk associated with the investment. In the case of preferred stock, the required return is usually based on the dividend yield and the investor's perception of risk. When the required return is calculated using the DDM, it reflects the expected return on the stock based on the dividend payments. The required return takes into account factors such as the stability of the dividend, the market price of the stock, and prevailing interest rates. If the required return is higher than the dividend yield, it indicates that investors have a less favorable view of the stock and are demanding a higher return to compensate for the perceived risk.
In this scenario, with a dividend of $3.15 and a current price of $92, the required return is approximately 3.42%. This suggests that investors expect to earn a return of at least 3.42% on their investment in Berholser, Inc.'s preferred stock. It's important to note that the required return can vary among investors and may be influenced by their individual risk preferences, market conditions, and other factors.
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Damion wants to be a construction worker right out of high school and then work up to be a site foreman. He eventually wants to go to school and get his general contractor licence. Which statement best describes Damion’s thoughts?
These are his goals.
These are his values.
These are his abilities.
These are his achievements.
Damion wants to start out as a construction worker and work his way up to become a site foreman. He eventually plans to attend college and obtain his general contractor license. These are his objectives.
What do you mean by general contractor responsibilities?A general contractor is responsible for providing all materials, personnel, equipment (such as engineering trucks and tools), and services required for the project's construction. A general contractor frequently employs specialist subcontractors to do all or parts of the building job. When subcontractors are used, the general contractor is responsible for ensuring the quality of all work performed by all workers and subcontractors.
General contractors should priorities safety on the project site, and they are normally responsible for ensuring that work is done in a safe manner.
A general contractor's duties may include obtaining building permits, informing the person who hired them, protecting the property, supplying temporary utilities on site, and managing workers. on-site surveying and engineering, construction waste disposal or recycling, monitoring timelines and financial flows, and preserving proper documents .
The general contractor may be in charge of some aspects of the design, known as the "contractor's design component" (JCT terminology).
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Pick one: When giving criticism, you should ___________.
target at least 3 areas for improvement
focus on the person, not the behavior
be direct by saying " you're doing it wrong"
state the specific behavior that can be improved
When giving criticism, you should state the specific behavior that can be improved.
What does it mean?This allows the person receiving the criticism to have a clear understanding of what they need to work on and how to make the necessary changes.
Generalized criticism can be confusing and overwhelming, and may not lead to any actual improvement. By being specific and providing clear examples, the person receiving the criticism can better understand what is expected of them and how to achieve it.
Additionally, it is important to offer constructive feedback and suggestions for improvement, rather than just pointing out flaws or mistakes.
This can help the person feel more motivated to improve and can lead to a more positive and productive work environment.
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what are expenses from those:
1. premises
2. Machinery
3. Rent received
4. Advertising
5. Motor Vehicle
6: Motor expense
how many sole proprietorships are there in the united states
Answer:
23 million or more than 23 Million
Explanation:
What type of relationship do a lawyer and a client have?
A) an administrative relationship
B) a labor relationship
C) an agency relationship
D) a tort relationship
Answer:
An Agency relationship but it's D on Edge
Explanation:
The type of relationship a lawyer and a client have is an agency relationship. Thus option (C) is correct.
What is an agency?An agency is a business, firm, or organization that provides a specific service. Sometimes but not always the agencies also work on behalf of another group, business, or person.
Some agencies work for the private sector like an advertising agencies, employment agencies, and travel agencies. Some are government agencies for example they are part of the public sector.
The advertising agencies, add agencies, or creative agencies are firms that focus on creating, planning, and handling advertising. In fact, some employment agencies belong to the government; therefore, they may also be in the public sector.
The type of relationship a lawyer and a client have is an agency relationship. Therefore, option (C) is correct.
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Help ASAP!!!! What is the most-possible answer?
Answer:
Community and junior colleges.
Explanation:
I don't know if im too correct but if i am, mark me brainliest?:)
Answer:
D - Collages
Explanation:
That is the only thing I know that gives degrees
50%
15%
20%
15%
Adjust the percentages of Chris's investment to minimize the risk in his portfolio
15%
BOND
(low risk, low growth)
50%
STOCK
(higher risk, higher growth)
20%
MUTUAL FUND
(medium risk, medium growth)
15%
On January 2, The Public Legal Clinic issued Check 2108 for $370 to establish a petty cash fund. Indicate how this transaction would be recorded in a cash payments journal.
To create the petty cash fund, make the following journal entry: debit Petty cash fund account ($430), credit cash account ($430).
What is petty cash fund?A petty cash fund's main objective is to give business units enough money to pay for small expenses. The purpose is to make it easier for staff workers and visitors to get reimbursed for little expenses like taxi rides, postage, office supplies, and other things that often don't cost more than $25.00.
The data can also come from of the petty cash fund. Add up all of the expenses that are mentioned on each petty cash vouchers in the petty cash fund. This sum should be deducted from the calculated cash withdrawal amount. The outcome ought to be 0. There is an excess of cash in the fund if there is a residual balance.
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what term is used to describe the approach taken by companies such as magicleap.com where physical and digital objects are able to co-exist and interact in real time?
The technological approach which enables the coexistence of digital and physical objects using immersive technology is a middle ground between Augmented and virtual reality called MIXED REALITY.
Augmented reality technology is capable of producing a real world representation of physical world using 3D representation.
Virtual reality on the other hand creates a visual experience of a computer simulated digital environment. Virtual reality usually requires the use of headset and sensors.
Mixed reality technology is inbetween virtual and Augmented reality as it allows the interaction between virtual and physical objects in real time. Applications of mixed reality the DAQRI smart helmet which allows communication and collaboration between teams in field such as Engineering and Architecture.
Therefore, mixed reality allows the coexistence of the virtual and physical world on real time.
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Mary invested $200 for 3 years at 5% per annum. John invested $300
at the same rate. If they both received the same amount of money in
simple interest, for how many years did John invest his money?
a. 1 1/2
b. 2
c. 3
d. 10
Answer:
b. 2
Explanation:
Simple interest is calculated using the formula
I = p x r x t
Where p= principal amount
r= interest rate
t= time in years
Mary invested $200, at 5% for three years. She earned a simple interest of;
I= $200 x 5/100 x 3
=$200 x 0.05 x 3
=$30
If John received the same amounts, It means
$30= $300 x 0.05 x t
$30 = $15t
t= $30/$15
t=2
Time is 2 years
the six sigma approach is organized around a _______ plan known as ________.
The six sigma approach is organized around a structured plan known as DMAIC.
What's DMAICDMAIC stands for Define, Measure, Analyze, Improve, and Control. This plan is used to improve business processes and reduce defects in the products or services provided by a company.
The first step in the DMAIC process is to define the problem or issue that needs to be addressed.
Once the problem is clearly defined, data is collected to measure the current state of the process.
The data is then analyzed to identify the root cause of the problem.
The next step is to improve the process by implementing changes to eliminate the root cause.
Finally, the process is monitored and controlled to ensure that the improvements are sustained over time.
The DMAIC plan provides a framework for continuous improvement, and is a key tool in the six sigma approach. By following this plan, companies can reduce costs, increase efficiency, and improve customer satisfaction.
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How do communications and transportation provide support for the promotion of trade?
Communications and transportation play crucial roles in supporting the promotion of trade. They facilitate the efficient exchange of goods and services between businesses and customers, allowing for a seamless flow of trade.
Effective communication helps businesses connect with potential customers, suppliers, and partners worldwide. Through the use of various communication channels, such as email, phone, video conferencing, and social media, businesses can easily reach out to potential customers and partners, market their products and services, negotiate deals, and build relationships with clients from different parts of the world.
In addition to communication, transportation also plays a critical role in promoting trade. It enables businesses to transport goods and services to different locations quickly, efficiently, and cost-effectively. Efficient transportation systems, such as shipping, air freight, rail, and road transportation, make it easier for businesses to move products across borders and continents.
In conclusion, effective communication and transportation are vital components that support the promotion of trade. They allow businesses to connect with potential customers and partners, transport goods and services efficiently, and contribute to the overall economic development of countries.
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when someone get troll and can't take a joke what would you do?
Answer:
Call them a bitc h
Explanation:
Answer:
Get rick rolled
Explanation:
-.-
Amazon had ____ million registered Internet customers compared to Barnes & Noble.com’s ____ million Select one or more:
a. 50 b. 36 c. 8.4 d. 1.5 e. 1.7 f. 7
Amazon had 36 million registered Internet customers compared to Barnes & Noble.com's 1.7 million.
In recent years, Amazon has experienced significant growth and dominance in the e-commerce market, attracting a large user base with its wide range of products and services. With 36 million registered Internet customers, Amazon has established itself as a leader in online retail.
On the other hand, Barnes & Noble.com, while still a prominent player in the book industry, has a comparatively smaller customer base of 1.7 million. This significant difference in customer numbers highlights Amazon's strong market presence and popularity among online shoppers.
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meaning of accounting
Answer:
Accounting is the process of recording financial transactions pertaining to a business.
What should investors consider when planning for their retirement? Check all that apply. -the amount an employer will match for a 401(k) -the contributions an employer will make to an IRA -the ideal age to establish a particular retirement plan -the amount an investor is allowed to contribute annually -the tax laws and breaks related to different retirement plans -the amount that can be withdrawn early without getting taxed
In a 401k the employer usually matches a percentage and if you are lucky dollar for dollar, where in an IRA it is does an an extra option with a set amount of money usually 2500 or more for each IRA contribution.
Correct option is A, C, D and E.
1. The amount an employer will match for a 401(k):- you don't have to forget when you will need the money, retirement is years away, but you have to know what choices will make it worth by the time you need the money back. And it is also important to know really how much you can invest. When you have a large amount more options are available. But using a variety of investments will reduce the risk.
3. The ideal age to establish a particular retirement plan:- that will set you up for the plan you need. Below 50 or older.
4. The amount an investor is allowed to contribute annually, the federal law allows a maximum contribution for participants older than 50.
5. The tax laws and breaks related to different retirement plans:- retirement plans can often give you tax benefits in the present it depends to the one you choose. For example, the payment of the tax on the money deposited in a traditional 401 (k) plan can be delayed until the money is withdrawn from the account.
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Answer:
A,C,D,E
Explanation:
I did it and this was correct.
Your email campaign has an open-rate of 9.6%, and you emailed 25,000 people. How many people opened your email?
Answer:(25000 × 9.6) / 100
Explanation:
25000 mail is 100% of the email, so 9.6% of them will be the result of the answer i gave
Owen is an hourly employee, and the line that models his total pay in dollars
as it relates to the number of hours he has worked has a slope of 25 and a y
intercept of 15. Which statement is true?
It is accurate to say this.
Owen makes $25 per hour, and it seems like he also got a $15 signing bonus.
How can I figure out a line's slope?Find the coordinates of each of the two locations you choose along the line. The y-coordinates of these two locations should be distinguished (rise). The difference between these two places' x-coordinates should be determined (run). Divided by the difference in x-coordinates (rise/run or slope), the difference in y-coordinates is determined.
What distinguishes salaried workers from hourly workers?Based on their total income, salaried employees typically receive the same amount each pay week. On the other hand, an hourly employee receives a defined wage for each hour that they work. For instance, if they work eight hours a day at $20 an hour, they would make $160 that day (before taxes).
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Which type of market are you in if your company, along with three other companies, controls 95 percent of the total music industry? A. monopolistic competition B. perfect competition C. monopoly D. oligopoly
Answer: the answer to your question is D) oligopoly
Explanation:
Answer:
it's D. oligopoly
Explanation:
Oligopoly is a market structure where only a few large firms control a major share of the market.
whats the difference between net, gross, and operating profit
______ is a decreases in assets or increases in liabilities from peripheral transactions.
Incidental gains or losses is a decreases in assets or increases in liabilities from peripheral transactions.
These transactions are not directly related to a company's core operations but still impact its financial position.
Examples of peripheral transactions that can lead to incidental gains or losses include the sale of non-core assets, settlement of legal disputes, foreign exchange fluctuations, or changes in the fair value of financial instruments.
These gains or losses are typically reported in the financial statements as separate line items to distinguish them from the primary activities of the company.
It's important to note that incidental gains or losses are different from gains or losses resulting from regular operations, such as the sale of inventory or provision for bad debts.
Incidental gains or losses are usually considered non-recurring or extraordinary items that can have a significant impact on a company's financial performance in a particular period.
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The following transactions apply to Ozark Sales for Year 1: 1. The business was started when the company received $49,000 from the issue of common stock. 2. Purchased equipment inventory of $174,000 on account. 3. Sold equipment for $194,500 cash (not including sales tax). Sales tax of 7 percent is collected when the merchandise is sold. The merchandise had a cost of $119,500. 4. Provided a six-month warranty on the equipment sold. Based on industry estimates, the warranty claims would amount to 4 percent of sales. 5. Paid the sales tax to the state agency on $144,500 of the sales. 6. On September 1, Year 1, borrowed $20,500 from the local bank. The note had a 7 percent interest rate and matured on March 1, Year 2. 7. Paid $5,900 for warranty repairs during the year. 8. Paid operating expenses of $53,000 for the year. 9. Paid $125,400 of accounts payable. 10. Recorded accrued interest on the note issued in transaction no. 6. b-1. Prepare the income statement for Year 1. (Round your answers to the nearest dollar amount.) b-2. Prepare the balance sheet for Year 1. (Round your answers to the nearest dollar amount.) b-3. Prepare the statement of cash flows for Year 1. (Enter amounts to be deducted and cash outflows with a minus sign. Round your answers to the nearest whole dollar.)
b-1. The income statement for Year 1 of Ozark Sales is as follows:
Revenue:
Sales Revenue (cash) $194,500
Sales Revenue (accounts receivable) $144,500
Sales Tax Revenue $10,115
Total Revenue $349,115
Cost of Goods Sold:
Inventory Cost $119,500
Gross Profit $229,615
Operating Expenses:
Warranty Expenses $5,900
Operating Expenses $53,000
Total Operating Expenses $58,900
Net Income $170,715
b-2. The balance sheet for Year 1 of Ozark Sales is as follows:
Assets:
Current Assets:
Cash $- (calculated in statement of cash flows)
Accounts Receivable $144,500
Inventory $55,000 (calculated by subtracting the cost of goods sold from the initial inventory)
Total Current Assets $199,500
Non-Current Assets:
Equipment $174,000
Total Non-Current Assets $174,000
Total Assets $373,500
Liabilities and Equity:
Current Liabilities:
Accounts Payable $- (calculated in statement of cash flows)
Total Current Liabilities $- (no other current liabilities mentioned)
Non-Current Liabilities:
Bank Loan $20,500 (borrowed on September 1, Year 1)
Total Non-Current Liabilities $20,500
Equity:
Common Stock $49,000
Total Equity $49,000
Total Liabilities and Equity $373,500
b-3. The statement of cash flows for Year 1 of Ozark Sales is as follows:
Cash Flows from Operating Activities:
Cash Received from Customers (sales revenue) $194,500
Cash Paid for Warranty Repairs -$5,900
Cash Paid for Operating Expenses -$53,000
Cash Paid for Accounts Payable -$125,400 (payment made)
Accrued Interest on Bank Loan -$615 (calculated in statement of cash flows)
Net Cash Flows from Operating Activities $10,585
Cash Flows from Investing Activities:
Cash Paid for Equipment Inventory -$174,000
Cash Received from Sale of Equipment $194,500
Net Cash Flows from Investing Activities $20,500
Cash Flows from Financing Activities:
Cash Received from Common Stock Issuance $49,000
Cash Received from Bank Loan $20,500
Net Cash Flows from Financing Activities $69,500
Net Increase in Cash $100,585
b-1. The income statement summarizes the revenue and expenses incurred by Ozark Sales during Year 1. The revenue includes sales revenue from both cash sales ($194,500) and accounts receivable ($144,500). Additionally, sales tax revenue of $10,115 is collected on the sales. The cost of goods sold is calculated by subtracting the inventory cost ($119,500) from the initial inventory. The gross profit is determined by deducting the cost of goods sold from the total revenue. Operating expenses include warranty expenses ($5,900) and other operating expenses ($53,000). Finally, the net income is calculated by subtracting the total operating expenses from the gross profit.
b-2. The balance sheet presents the financial position of Ozark Sales at the end of Year 1. The assets include current assets such as accounts receivable ($144,500) and inventory ($55,000), as well as non-current assets
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Which of the following is false regarding the rights of an assignee and assignor?
a. Assignees essentially fill in for the assignor as the legal recipient of contractual duties.
b. Assignees acquire the same contractual duties as the assignor had.
c. Assignees are offered more protection than assignors.
d. The obligor may raise any of the same defenses for nonperformance against the assignee that he would have been able to raise against the assignor.
e. When an assignor transfers rights to an assignee, the assignor legally gives up all rights he or she previously had to collect on the contract.
Option b "Assignees acquire the same contractual duties as the assignor had." and Option e "When an assignor transfers rights to an assignee, the assignor legally gives up all rights he or she previously had to collect on the contract." is the false statement which is regarding the rights of an assignee in the given statements.
a. Assignees essentially fill in for the assignor as the legal recipient of contractual duties: This is true. An assignee stands in the shoes of the assignor and takes on the rights and obligations that the assignor had under the contract.
b. Assignees acquire the same contractual duties as the assignor had: This is false. An assignee acquires only the rights that the assignor had under the contract, and not the duties.
c. Assignees are offered more protection than assignors: This is true. Assignees are given greater protection under the law, as they are considered to be a third-party beneficiary to the contract.
d. The obligor may raise any of the same defenses for nonperformance against the assignee that he would have been able to raise against the assignor: This is true. The obligor can raise any defenses that he would have been able to raise against the assignor.
e. When an assignor transfers rights to an assignee, the assignor legally gives up all rights he or she previously had to collect on the contract: This is false.
Depending on the terms of the assignment, the assignor may retain certain rights, such as the right to receive payment directly from the obligor. However, the assignor generally cannot exercise any rights that conflict with the assignee's rights, and the assignee is typically the one with the primary right to collect on the contract.
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what traits and characteristics you believe an
effective leader should possess?
Answer:
Most of the other leadership abilities that just about every manager will now have to continue living out his show potential were also provided elsewhere here.
Explanation:
A vision would be a straightforward visual representation about who you should become what you'd like to do that at a predefined point down the road. A careful company recognizes that communication brings happiness to a perception. Listening would be as meaningful as having a conversation, as well as an excellent president, pays attention more often than trying to talk.most people recognize that, as a group, consumers are the pivotal participants in the economy. the decisions made by consumers determine which goods and services will be produced by businesses, just as their investment and saving decisions will strongly influence conditions in the markets.
Consumers play a pivotal role in the economy as their decisions shape the production of goods and services by businesses, and their investment and saving choices significantly impact market conditions.
How do consumers influence the production of goods and services?Consumers exert their influence on the production of goods and services through their decision-making process. When consumers demand certain products or services, businesses respond by producing and supplying those items to meet the market demand. Consumer preferences and purchasing power determine which goods and services are produced, and businesses allocate their resources accordingly. For example, if there is a high demand for smartphones, businesses will invest in manufacturing and marketing smartphones to cater to consumer needs.
Consumers' investment and saving decisions also impact market conditions. When consumers save and invest their money, it provides capital for businesses to expand, innovate, and create new job opportunities. Increased consumer savings can lead to lower interest rates, making borrowing more affordable for businesses, which stimulates investment and economic growth.
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Pompeii, Inc., has sales of $53,000, costs of $24,200, depreciation expense of $2,550, and interest expense of $2,300. If the tax rate is 24 percent, what is the operating cash flow, or OCF
Answer:
$23,052
Explanation:
The computation of operating cash flow is shown below:-
Before that we have to determine the net income which is
Income statement
Sales $53,000
Cost ($24,200)
Depreciation ($2,550)
EBIT $26,250
Interest expense ($2,300)
Earnings before tax $23,950
Tax (5,748)
(24% × $23,950)
Net income $18,202
Now,
Operating cash flow = EBIT + Depreciation - Tax
= $26,250 + 2,550 - $5,748
= $23,052