Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 19, 2024

If normal earnings is 115000 JD future earnings 121000 JD discount rate 10%. Compute goodwill. Select one: O a. 60000 O b. 70000 O c.

image text in transcribed

If normal earnings is 115000 JD future earnings 121000 JD discount rate 10%. Compute goodwill. Select one: O a. 60000 O b. 70000 O c. 80000 O d. 90000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

College Accounting Chapters 1-13

Authors: John Price, M. David Haddock, Michael Farina

15th Edition

125999516X, 9781259995163

More Books

Students also viewed these Accounting questions

Question

★★★★★

Compute cost of goods sold for each of these two companies for the year ended December 31,2009. Computer MerchandisingManufacturing Log Homes 3 Beginning inventory 4 Merchandise 5 Finished goods s...

Answered: 1 week ago

Question

★★★★★

Dickerson industries, a small, family-run manufacturer, has adopted an ABC system. The following manufacturing activities, indirect manufacturing costs, and usage of cost drivers have been estimated...

Answered: 1 week ago

Question

★★★★★

1. If African American students are more likely to be identified for special education services and placed outside of the general education system than White students. Which one of the following is...

Answered: 1 week ago

Question

★★★★★

Journalize the following transactions of Alameda Productions: Jan 21 Issued 1,800 shares of $1.25 par common stock at $13 per share. Jun 23 Purchased 500 shares of treasury stock at $15 per share....

Answered: 1 week ago

Question

★★★★★

Stanley has $50,000 that he plans to invest in Corning stock, which is currently selling at $20 per share. He plans to buy the stock on margin by borrowing 20% of the total investment from his...

Answered: 1 week ago

Question

★★★★★

In a best-case scenario, it takes approximately __________ for a team to reach the top level of performance. In a best-case scenario, it takes approximately __________ for a team to reach the top leve

Answered: 1 week ago

Question

★★★★★

Noah Corp. estimates factory overhead to be P800,000 for the coming year. It was also estimated that the company would incur material cost of P1,200,000. It will also estimated to incur P600,000 for...

Answered: 1 week ago

Question

★★★★★

Letter to the Executive Board Below you will find a breakdown of the sales for our computer, furniture, and software categories by each of the members of our sales team. DataTech has acheived record...

Answered: 1 week ago

Question

★★★★★

What are the key differences between leadership and management in a business context?

Answered: 1 week ago

Question

★★★★★

2. Given the information below, complete the MRP record and explain what it tells the inventory analyst to do. Lot Size Rule: Fixed Q = 200 units Lead Time = 2 weeks Safety Stock: 0 units Current...

Answered: 1 week ago

Question

★★★★★

Describe the factors influencing of performance appraisal.

Answered: 1 week ago

Question

★★★★★

5.39 Given a random sample size of n = 900 from a binomial probability distribution with P = 0.50 do the following: a. Find the probability that the number of successes is greater than 500. b. Find...

Answered: 1 week ago

Question

★★★★★

5.32 I am considering two alternative investments. In both cases I am unsure about the percentage return but believe that my uncertainty can be represented by normal distributions with the means and...

Answered: 1 week ago

Question

★★★★★

5.29 A new television series is to be shown. A broadcasting executive feels that his uncertainty about the rating that the show will receive in its first month can be represented by a normal...

Answered: 1 week ago

Previous Question Next Question