Answer:
$112,500
Explanation:
The good will to be reported in the balance sheet of the Pacific Corporation as at December 31 shall be determined using the following mentioned method:
Cost to acquire share of the Pacific Corporation $2,850,000
Less:Net Assets Acquired of Sand Corporation
Sand Net Assets $3,000,000
Excess value of land $200,000
Excess value of equipment $150,000
Fair value of non-compete $300,000
$3,650,000 ($3,650,000)
Add:Net Assets portion of the Non controlling interest $912,500
($3,650,000*25%)
Good will $112,500
Answer:
Assessing the allowance for uncollectible accounts for reasonableness.
Explanation:
Assessing the allowance for uncollectible accounts for reasonableness give the most assurance concerning the valuation assertion about accounts receivable as The term uncollectible accounts receivable is used to describe the portion of credit sales in accounts receivable the company does not expect to collect from a customer.
Uncollectible accounts is used in the valuation of accounts receivable, which appears on a company's balance sheet.
Answer:
9.9 %
Explanation:
he formula for calculating dividend yield is as follows,
Dividend yield= Annual dividend/stock price x 100
For this case: Annual dividend = 4 ( $ 2.1 per quarter)
=$ 8.4
Stock price: $85
Dividend yield = $8.4/$85 x 100
=9.88%
=9.9 %
Answer:
After assessing the market growth potential and market competitiveness in Mexico for his company's baby products, Harold wanted to evaluate market access. To do this, Harold would consider ease of assessing or developing distribution channels and brand familiarity
<u>Explanation: </u>
Harold would, first of all, find out the ease in accessing the market. If he finds that it is easy to access the market or target the consumers than he will develop distribution channels. Distribution channels take lots of time and effort.
Than Harold will determine the brand familiarity which means he will make the consumers familiar with his company's baby products. Brand familiarity affects the consumer's information about the product.
Answer:
B) nine months
Explanation:
The federal government grants patents to inventors so that they have exclusive rights to make, use, sell, or offer to sell an invention for a limited time: design patents last 14 years, while if you actually create a product the patent will last 20 years.
The whole idea behind patents is to give the inventor the time needed to reap the benefits of their inventory in order to replenish costs and make a profit before other companies can make generic copies of the invention.