Non-current assets $30 000; current liabilities $8000; purchase price $50000. What is the value placed on goodwill?
Question:
Non-current assets $30 000; current liabilities $8000; purchase price $50000. What is the value placed on goodwill?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 60% (5 reviews)
To calculate the value of goodwill we need to understand the concept of goodwill and how it is calcu...View the full answer
Answered By
Mark Odhiambo Odero
As a Bachelor of Education graduate from KIbabii University and an assistant lecturer at JKUAT, I have gained extensive experience and developed professional qualities that make me a great candidate for an academic writer at SolutionInn.
Firstly, I have a strong passion for education and tutoring. This passion has motivated me to pursue a career in education and has helped me to become an effective educator. I believe that education is the key to unlocking the potential of individuals, and I am committed to helping students achieve their full potential. My passion for education has also helped me to stay up-to-date with the latest developments in education and teaching methodologies.
Secondly, I possess excellent communication skills. Communication is an essential aspect of education, and as an assistant lecturer, I have developed effective communication skills that have helped me to interact with students, colleagues, and senior lecturers effectively. I am able to communicate complex ideas in a simple and understandable way, and this has helped me to build strong relationships with my students.
Thirdly, I have strong organizational skills. As an assistant lecturer, I am responsible for preparing course materials, grading assignments, and keeping track of student progress. These responsibilities require a high level of organization and attention to detail, and I have developed effective organizational skills that enable me to manage these tasks effectively. These skills will be useful in my role as an academic writer at SolutionInn, where I will be required to manage multiple projects and meet tight deadlines.
Fourthly, I am a self-motivated and proactive individual. I take the initiative to identify problems and find solutions to them, and I am always willing to go the extra mile to ensure that I deliver high-quality work. I am also a fast learner and can adapt to new situations quickly, which is essential in the fast-paced world of academic writing.
Lastly, I possess excellent research skills. As an academic writer, research is an essential aspect of my job, and I have developed effective research skills that enable me to find relevant and reliable information quickly. I am also proficient in using various research tools and software, which will be useful in my role as an academic writer.
In conclusion, my professional qualities make me a suitable candidate for an academic writer at SolutionInn. I am passionate about education, possess excellent communication and organizational skills, am self-motivated and proactive, and have excellent research skills. I believe that these qualities will enable me to deliver high-quality work and help students achieve their academic goals.
0.00
0 Reviews
10+ Question Solved
Related Book For
Cambridge International AS And A Level Accounting
ISBN: 9781444181432
1st Edition
Authors: Ian Harrison
Question Posted:
Students also viewed these Business questions
-
The December 31, 2017 balance sheet of Myers and Myers, prepared under generally accepted accounting principles, follows. An investor believes that Myers and Myers can generate $20,000 cash per year...
-
The financial statements of Lioi Steel Fabricators are shown below-both the actual results for 2012 and the projections for 2013. Free cash flow is expected to grow at a 6% rate after 2013. The...
-
2. Two point charges are located at two comers of a triangle as shown. What is the electric potential at the right corner of the triangle? A. 21 10 V C. 4.5 x 10 V B. 3.4 x 10 V D. 6.3 x 10 V 10 em...
-
Using the concepts in Chapter 7s discussion of consumer behavior, explain how health care insurance results in an overallocation of resources to the health care industry. Use a demand and supply...
-
You want to paint your bedroom walls. Which represents a reasonable value for the area of the walls: \(100 \mathrm{~cm}^{2}, 100 \mathrm{~m}^{2}\), or \(100 \mathrm{~km}^{2}\) ?
-
Web-based exercise. Search the Web to see if you can find an example of a misuse or misstatement of the law of averages. Explain why the statement you find is incorrect. (We found some examples by...
-
ABCD Company is a general partnership. It consists of Dianne, Greg, Knox, and Laura, whose capital contributions were as follows: Dianne = $5,000, Greg = $7,500, Knox = $10,000, and Laura = $5,000....
-
P 3-10 Rosewell Company has had 5,000 shares of 9%, $100 par-value preferred stock and 10,000 shares of $10 par-value common stock outstanding for the last two years. Dur- ing the most recent year,...
-
Explain the term 'inherent goodwill'.
-
Goodwill is the purchase of existing customers. True/False?
-
Which applicant do you think Claude and Cyril hired? Why?
-
Given the following memory status below, compute how much does it cost to compact holes together with the following compaction strategies if 1 kbyte of movement costs 50 centavos. 0. OS OS OS OS OS...
-
ITG Pte Ltd ("ITG") is a company specialising in air-conditioner maintenance and servicing. It makes adjusting and closing entries every 31 December, which is the company's financial year-end. Unless...
-
(20 points) We know that when we have a graph with negative edge costs, Dijkstra's algo rithm is not guaranteed to work. (a) Does Dijkstra's algorithm ever work when some of the edge costs are...
-
Create a new user called cis605_usr. Use Master. assign a password of abcd, set check_policy to off and check_expiration to off (Why set these two to off?). Execute the sp_addsrvrolemember to add the...
-
Salmone Company reported the following purchases and sales of its only product. Salmone uses a periodic inventory system. Determine the cost assigned to the ending inventory using FIFO. Date Units...
-
How much radiation pressure does the beam of light in Problem 110 exert on a tooth, assuming the tooth absorbs all the light? A. 6.67 108 N>m2 B. 2.00 106 N>m2 C. 1.33 105 N>m2 D. 4.00 103 N>m2
-
Find the area of the surface generated by revolving the para- metric curve x = cos 1, y = sin? 1 (0 < I sa/2) about the y-axis.
-
Which company and business model do you think is most likely to dominate the Internet and why ?
-
What difference would it make to a business or to an individual consumer if Apple, Google, or Facebook dominated the Internet experience? Explain your answer.
-
Identify the problem and the control weaknesses described in this case.
-
Ventaz Corp manufactures small windows for back yard sheds. Historically, its demand has ranged from 30 to 50 windows per day with an average of 4646. Alex is one of the production workers and he...
-
Which of the following statements is not true regarding the $500 credit for dependent other than a qualifying child credit. Cannot be claimed on the same tax return if the child tax credit is also...
-
Grind Co. is considering replacing an existing machine. The new machine is expected to reduce labor costs by $127,000 per year for 5 years. Depreciation on the new machine is $57,000 compared with...
Study smarter with the SolutionInn App