Answer:
Explanation:
Goodwill is defined as the excess in amount of the purchase price of a company over the fair value at acquisition.It is intangible in nature , meaning it can not be physically separated from the other assets. Example are patent , brand name , good employee relation.
1.
Goodwill calculation
Purchase price - $2,500,000
Fair value - $1,800,000
Goodwill - $700,000
2.
No
Under the IAS 36, impairment of assets , goodwill is not amortized but annually tested for impairment as amortization is applicable to intangible assets with a definite useful life while intangible assets with indefinite useful life are annually tested for impairment to evaluate a loss in value experienced.
3
No
Under IAS 38 , Internally generated goodwill are not recognized as no related cost is incurred towards achieving a future benefit
Answer: If Creative Analysis, Inc. decides to maintain a constant debt-equity ratio, what rate of growth can they maintain? 4.82percent
Explanation:
Sustainable growth = {[$540 / ($3,000 + $1,700)] [$216 / $540]} / {1 {[$540 / ($3,000 + $1,700)] [$216 / $540]}} = .04817 = 4.82 percent
B would be the correct answer i believe
Answer:
- <u><em>option C. 1331.</em></u>
Explanation:
The question asks for an estimate of 11.4³.
To calculate 11.4³ exactly to must multiply 11.4 × 11.4 × 11.4.
But to have an estimate, the easiest way is to round 11.4 to 11 and find 11³ = 11 × 11 × 11.
That is not a difficult operation.
That is equal to 11² × 11.
- 11² is a common square, which you should know that it is 121. Else, you can multiply 11 × 11 easily and obtain 121:
11 × 11 = (10 + 1) × 11 = 110 + 11 = 121
11 × 121 = (10 + 1) × 121 = 10 × 121 + 121 = 1210 + 121 = 1331
There you have your answer: option C. 1331.
Answer:
b. Rennie is not eligible for overtime under the new FLSA regulations because, as a professional worker, she is exempt from overtime regulations.
Explanation:
According to the Fair Labor Standards Act (FLSA) certain employees are exempt from overtime regulations:
- executives (top management and board of directors)
- professionals: Rennie falls under this category because she already graduated from law school.
- administrative
- computer
- external sales
Anyone that falls under any of these categories, is exempt from overtime pay and other FLSA regulations.
