Answer:
The question is not complete,find attached complete question in word document.
Find all the journal entries in the attached spreadsheet
Explanation:
Please note the following points:
The goodwill is the excess of purchase consideration of $ 476,500.00 over the net assets of Softball acquired,that is $ 318,000.00
The net assets is total assets acquired of $374,000 minus the liabilities taken over of $56000
Equity method income is the difference between Softball's net income reported and the dividends paid
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Answer:
0%
30%
Explanation:
Given:
Average return = 15%
Standard deviation = 15%
Computation:
On assuming 68% chance,
Lowest point = Average return - Standard deviation
Lowest point = 15% - 15%
Lowest point = 0%
Highest point = Average return - Standard deviation
Highest point = 15% + 15%
Highest point = 30%
Therefore, on 68%, Lowest point is 0% and highest point is 30%.
Answer:
o identify the reasons for switching of clients to B&S , we shall first examine our weaknesses and loopholes toward the valuable clients. It will give us some basics like pricing policies, benefits to the clients, strongest part of our immediate competitor, style of our services team and managers etc.
After knowing the possible reasons of customers switching to other business, i will start improving our offerings. I will make a team of client service officers who will carefully contact the existing as well as older clients and make them assure to reorder with our business as our offerings have more advantages to them. We shall offer them cost advantage, product's increased benefits, revival of their plans and requirements and door step delivery and 24×7 hours services. I will give competitive discounts on bulk order . Even , we shall give them better credit facilities which will attract more clients to associate with our offerings.
I think that clients will again back for our products and services . We shall welcome them again with improved products and services. I hope that the sales turnover and market share of our organization will increase day by day with respect to our immediate competitor.
Answer:
1. To determine whether she is in the business of being a person who LEASE out property as well as what will be her TAX BASIS for the lease.
2. Ordinary income of $60,000
Explanation:
1. Based on the information given the factors that she should consider in order to determine the amount as well as the character of her income from these circumstances is to determine whether she is in the business of being a person who LEASE out property as well as what will be her TAX BASIS for the lease.
b. Based on the information given we were told that the tenant paid her the amount of $60,000 in order to cancel its obligations under the lease which means that the amount and character of her income from the cancelled lease will be ORDINARY INCOME of the amount of $60,000 which we were told the tenant paid her in order to cancel its obligations under the lease.
Answer:
(D). Visibly punish unethical acts
Explanation:
Ethics refer to how people conduct themselves morally. Each organization has an Ethical Code they expect their employees to abide by.
When employees act outside an organization's Code of Ethics, then punishing them visibly is a way to serve as a deterrent to other employees.
Employees should also be openly rewarded when they act in accordance to the Code of Ethics to encourage others to do the same.
In this case, Pam's company is using visible punishment to maintain its ethical culture and send a message to the other employees.
