Answer:
Not entitled
Explanation:
Given that
Number of shares purchased = 380 shares
Par value of share = $28.80 per share
Worth per share = $3.60 per share
By considering the above information, the Barney is not eligible for the deduction as there is no share is sold i.e only purchase value of the share and the worth per share is given.
So, he is not entitled to any loss this year
Answer:
The correct answer is B. Informational support
.
Explanation:
Information Support documents are those documents that help administrative management.
These documents have the following characteristics:
-
They are multiple copies.
- They report a specific matter.
- They support management, they can help in the decision-making process as supporting material, they can be official newsletters, books, magazines, publications or reports prepared by other institutions, etc.
- Its value is merely informative and short term.
- They do not testify to the activity of the institution and are not part of their Documentary Heritage, therefore, they will not be transferred to the General Archive and will be destroyed in the office where they have been managed.
Answer:
Decrease by $132,100
Explanation:
Computation of the given data are as follow:-
We can calculate the Operating Income by using following formula:-
Fixed Cost = Fixed Cost * Dropped Rate
= $193,000 * 30/100
= $57,900
So, Operating Income = Sales - Variable Cost - Fixed Cost
= $,1050,000 - $860,000 - $57,900
= $132,100
According to the Analysis, the operating income will be decrease by $132,100 if the business segment is eliminated.
Answer:
The correct answer is The owners themselves.
Explanation:
The Coase Theorem points out that if property rights are well defined and transaction costs are zero, the negotiation between the parties will lead us to an optimal point of allocation in the market.
According to Coase's theorem, when the parties can negotiate freely and without major costs, it does not really matter which part initially has the right of ownership since in the end it will remain in the hands of those who value it most. The final result of the negotiation will lead us to an optimal allocation of resources.
Property rights indicate who owns or has permission to do something.
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
