Answer:
C. $250000
Explanation:
Given:
Total assets = $600,000
Liabilities = $160,000
Stockholders’ equity = $540,000.
Fair value of the restaurant assets = $680,000
Alice Company pays = $770,000
Goodwill is when a company looking to acquire another company is willing to pay a price significantly higher than the fair market value of the company’s net assets.
Net Assets = Fair value of assets - Total Liabilities
= $680000 - $160,000
= $520,000
Amount of Goodwill = cash paid - net assets
= $770,000 - $520,000
= $250000
Answer:
During the period was collected $1.150
Explanation:
To calculate the total amount collected must be considered the initial balance of the Accounts Receivable then add the goods sold on account and finally must be deducted the final balance of the Accounts Receivable, that difference is the total amount collected in the period by the company.
Please see details bellow:
$380 Initial account balance
$1400 goods sold
($1.150) Collected Amount
$630 ending balance
Answer: $1,530
Explanation:
It's net working capital that was financed by investors include the following figures,
Total current Assets.
Accounts Payables and Accrued wages need to be deducted because they came about as a result of operations and are neither of debt or equity financing so are considered free.
So, in calculating we have,
= 2,250 - 575 - 145
= $1,530
Swinnerton Clothing Company's net operating working capital that was financed by investors is $1,530
Answer: The options are given below:
A. Short term.
B. Operating.
C. Long
D. Finance.
The correct option is D. Finance.
Explanation: A finance lease is the kind of lease in which a finance company is the legal owner of the asset throughout the duration of the lease, while the lessee has both operating control over the asset, and some share of the economic risks and returns from the change in the valuation of the underlying asset.
In a finance lease agreement, ownership of the property is transferred to the lessee at the end of the lease term.
Answer:
a. 10,000 units
Explanation:
The computations of units completed are shown below:
= Beginning work in process units + units started - closing work in process units
= 3,000 units + 11,000 units - 4,000 units
= 10,000 units
For this question, we ignored the equivalent units as the question has asked about the completed units only
So, all other information is irrelevant
