Answer:
goodwill 1,500,000 debit
increasein FV equipment - Premium meat 1,400,000 debit
increase in FV Patents - Premium meat 1,400,000 debit
Investment Premium Meats 7,900,000 debit
cash 12,000,000 credit
decrease in fair value A/R -Premium Meat 200,000 credit
Explanation:
cost: 12,000,000
fair value of the company: 10,500,000
goodwill 1,500,000
the entry will recognize the goodwill and the increase or decrease in fair value to match the price of acquisition
the investment account will be valued at book value as is expected that the fair value difference will disappear overtime due to depreciation, amortization and other factors.
Answer:
B. with an exclusivity clause limiting the number of products a celebrity can endorse.
Explanation:
An exclusivity clause is a legal document that allows a celebrity to work exclusively with the issuer of contract and restricts them from participating in any marketing activity of any individual or any company without getting into the contract with them. The exclusivity clause is also helpful in creating a competitive advantage by limiting with whom your business partner should work. Advertiser can use exclusivity clause to protect themselves against overexposure.
Answer:
Please see details below:
Explanation:
(a) Current ratio.
Current RATIO 0,97
(b) Accounts receivable turnover. times
Account Receivables Turnover time 5,03
(c) Average collection period. days
Average Collection Period 72,5
(d) Inventory turnover. times
Inventory Turnover Times 3,3
(e) Days in inventory. days
Days in Inventory 109,1
(f) Free cash flow
Free Cash Flow $32.600
Answer: Cross-training
Explanation:
According to the given question, Mary's company give training for managing the various types of managerial level operations and functions and based on the given information Mary's company is providing the cross training.
The cross training is one of the type of training that is provided by an organization to their employees for developing their skills and knowledge.
The main objective of the cross training is that it helps an employee to boost their skills, functions so that it improves the quality and the productivity of an organization.
Therefore, Cross training is the correct answer.
Answer:
One motive that Dominic might have was that he has always wanted to become an entrepreneur and his grandmother wants him to take over the shop for her since his cake-making skills had very much improved since he started. And another motive Dominic had was that there was not a lot of jobs open for him in the area, so he was glad to help.
Explanation:
