In 2018, Martin Corp. acquired Glynco and recorded goodwill of $100 million. Martin considers Glynco a separate reporting unit. By the end of 2021, the net assets (including goodwill) of Glynco are $320 million and its estimated fair value is $260 million. The amount of the impairment loss that Martin would record for goodwill at the end of 2021 is:
Answers
Answer:
$60 million
Explanation:
The amount of the impairment loss that Martin would record for goodwill at the end of 2021 is shown in the solution below:
Impairment loss =
Carrying value - fair value
= $320million - $260million
= $60million
Related Questions
Gti two employees are paid weekly. As of the end if the year, two days salaries have accrued at the rate of 180 per day per per employee
Answers
The adjusting journal entry for GTI is as follows:
Adjusting Journal Entry:Date Account Titles Debit Credit
Dec. 31 Wages Expenses $720
Wages Payable $720
To accrue the two days' wages owed to two employees.What is an adjusting journal entry?An adjusting journal entry is a period-end journal entry to accrue expenses that have been incurred but not paid in cash.
Adjusting journal entries can also be used to record Depreciation Expenses, Earned and Unearned Revenues, Prepayments, and correction of accounting errors.
Transaction Analysis:Wages Expenses $720 Wages Payable $720
Two Employees' wages for two days = $720 (180 x 2 x 2)
Thus, the Wages Expenses account will be debited, while the Wages Payable account will be credited to show that GTI is owing two employee wages for 2 days.
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Question Completion:Prepare the adjusting journal entry to record the accrual.
12. Paid Office Station Co. for part of the debt incurred on April 5, $1,200. 12. Provided services on account, $4,200.
Answers
1. Paid Office Station Co. for part of the debt incurred on April 5, $1,200.
Debit: Accounts Payable - Office Station Co.$1,200
Credit: Cash $1,200
2. Provided services on account, $4,200.
Debit: Accounts Receivable $4,200
Credit: Service Revenue $4,200
To pay off the remaining balance owing to Office Station Co., a debit is sent to the accounts payable account. To account for the cash outflow, the Cash account is credited. This journal entry records the settlement of a portion of the debt incurred on April 5 with Office Station Co.
The acknowledgment of revenue for services rendered to a client on the account is represented by this journal entry. To reflect the increase in the amount due by the client, the Accounts Receivable account is debited.
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The complete question is probably
Write journal entries
12. Paid Office Station Co. for part of the debt incurred on April 5, $1,200. 12. Provided services on account, $4,200.
What can HR professionals do to mitigate concerns about pregnancy discrimination in the workplace? What does the law say companies need to do to avoid violating the rights of pregnant employees?
Answers
With our combined efforts as one HR, there is no cause we cannot influence. Knowing the law and interacting with expectant women are the greatest ways to stop pregnancy prejudice.
Employers place a high premium on discouraging pregnancy prejudice. The Pregnancy Discrimination Act of 1978's new EEOC rules have made it a particularly controversial topic in today's society. The best thing you can do to defend yourself in court is to train all managers or supervisors, but especially those who are directly in charge of supervising workers.
When you learn that a coworker is pregnant, you must show her respect and use caution. You should merely express gratitude to the worker for informing you. Offer pregnancy prejudice your support and assure her that, if necessary, you would make accommodation's that are reasonable in nature for her.
Never indicate that an employee's pregnancy is a burden on the company, and neither should your supervisors. Before approaching a pregnant employee, ask a member pregnancy prejudice of your human resources team any questions you may have about what to ask or not ask.
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Choose the scenarios provided that would cause an increase in the cell phone quantity produced based on the law of supply.
A)
The price of cell phones increases considerably.
B)
Government subsidies provided to cell phone producers increases.
C)
The cost of the main component of cell phones decreases substantially
D)
The price of cell phones is placed on sale around popular holiday seasons.
E)
The federal government decreases the tariff on the imported computer
chip inside cell phones
Answers
The following scenarios would cause an increase in the cell phone quantity produced based on the law of supply:
B) Government subsidies provided to cell phone producers increases.
C) The cost of the main component of cell phones decreases substantially.
E) The federal government decreases the tariff on the imported computer
chip inside cell phones.
If the price of the cell phones will increase then the demand for cell phones will decrease. Hence, option A is incorrect. The price of cell phones is placed on sale during holiday seasons will not affect the law of supply because the sale price if less then the demand will increase and considerably the sale. Hence, option C is incorrect. If the government subsidies on cell phone increase then the producers will able to produce more cell phones and this will help in increasing the cell phone supply. Hence, option B is correct. If the cost of the main component of the cell phone decreases then the producers can purchase more number of main components for the production of cell phones and the supply for cell phone increases. Hence, option C is correct. If the federal government decreases the tariff on the chip being imported and used in the cell phones. Then it will decrease the production cost and more number of cell phones are expected to be produced and it will increase the supply of cell phone. Hence, option E is correct.Hence, options B, C, and E are correct.
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Division of labor and specialization
Answers
Answer:
Division of Labour vs Specialization. Basically, both these concepts involve dividing the main process into different tasks, assigning each task to individual workers or group of workers. Thus, there is no significant difference between division of labour and specialization.
Explanation:
Begin your research into Marketing by reading at least 2 scholarly articles on “What is Marketing” and report what you found in your research by comparing what you thought Marketing was to what you learned through your research.
Answers
Marketing is a critical business function that involves identifying, anticipating, and satisfying customer needs and wants through the creation, promotion, and distribution of products and services. In my research, I read two scholarly articles that helped me understand the concept of marketing in more detail.
The first article I read defined marketing as a strategic process that focuses on delivering customer value by understanding their needs and creating a unique product or service offering that satisfies those needs. This article highlighted the importance of segmentation, targeting, and positioning, which are essential components of any successful marketing strategy. It also emphasized the need for marketers to engage in ongoing research and analysis to stay abreast of changing market conditions and customer preferences.
The second article I read described marketing as a multi-faceted discipline that includes advertising, public relations, sales, and brand management. This article emphasized the role of marketing in building customer relationships and generating revenue for the organization. It also discussed the importance of understanding consumer behavior and using that knowledge to develop effective marketing campaigns that resonate with target audiences.
Through my research, I learned that marketing is a complex and dynamic discipline that requires a strategic approach, deep customer understanding, and ongoing research and analysis. I also discovered that marketing encompasses a wide range of activities, including advertising, public relations, sales, and brand management, all of which are critical to the success of any business. Overall, my research helped me gain a deeper appreciation for the importance of marketing in today's business environment.
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A rise in the price of Pepsi that causes a household to shift its purchasing pattern toward Coke and away from Pepsi is the ________ effect of a price change. A) income B) substitution
Answers
Answer:Substitution ---B
Explanation:
When goods are closely related together such that they both give similar purpose , they are called Substitute goods.
Therefore when any of the substitute goods prices rises, Consumers will go for the cheaper alternatives which will provide more value for thier money.
Here, the rise in the price of Pepsi caused consumers to shift to a cheaper alternative which is Coke. Other substitute goods that can have the Substitution effect include beef and chicken, butter and margarine etc
HELPED NEEDED !
David’s company has production plants set up in almost 20 countries. However, his company is experiencing low demand and its total exports are decreasing. Moreover, due to strong competition, David’s company has resorted to intensive marketing strategies. This focus has led to an increase in marketing costs. In which phase of the product cycle is David’s company?
A.
introduction
B.
decline
C.
maturity
D.
growth
Answers
Answer:
B. Decline
He has scaled his business, and the years have caused damage to his overall products hence the business is in decline.
What are the consequences for overs and unders in your store
Answers
Answer:
it may lead to scarcity of customers
The future of work is characterized by (choose all that apply):
a.
Staying at the same job for your entire career.
b.
Working with international colleagues.
c.
Repetitive jobs.
d.
Multiple career changes.
Answers
Answer:
B
Explanation:
You want a good impression with people and you also need people to help you along the way
A company estimates that overhead costs for the next year will be $8,500,000 for indirect labor and $164,500 for factory utilities. The company uses machine hours as its overhead allocation base. If 490,000 machine hours are planned for this next year, what is the company's plantwide overhead rate? (Round your answer to two decimal places.)
Answers
Answer:
$17.68 per machine hour.
Explanation:
Plant Overhead rate per machine hour = $8,500,000 + $164,500 / 490,000 machine hours
Plant Overhead rate per machine hour = $8,664,500 / 490,000 machine hours
Plant Overhead rate per machine hour = $17.68265306122449
Plant Overhead rate per machine hour = $17.68 per machine hour.
you exercise for 30 minutes twice each day what's approximate percentage of your day is been on exercise?
Answers
Answer:
30+30 =1 hour 1 hour out of 24 or 4.1%
Explanation:
The WorldLight Company produces two light fixtures (products 1 and 2) that require both metal frame parts and electrical components. Management wants to determine how many units of each product to produce so as to maximize profit. For each unit of product 1, 1 unit of frame parts and 2 units of electrical components are required. For each unit of product 2, 3 units of frame parts and 2 units of electrical components are required. The company has 200 units of frame parts and 300 units of electrical components. Each unit of product 1 gives a profit of $1, and each unit of product 2, up to 60 units, gives a profit of $2. Any excess over 60 units of product 2 brings no profit, so such an excess has been ruled out.
Answers
Explanation:
I hope it helps I did it in power point presentation
many organizations will apply for temporary permits that allow which of the following activities
Answers
"Sell booze at venues wherever refreshments are not typically sold for on-premise consumption," is the right response.
What makes organization crucial?However, keeping organization may enhance your wellbeing and increase your sense of comfort in your own house. Be untidy might cause chaos in you life. This could lead to hopelessness and significant anxiety. In addition to being a cause of dust buildup and mold growth, disorder can provide a fire danger.
What three kinds of organizations are there?The organisations utilized by the majority of businesses now may be categorized into three types: operational, divisional, and matrix. Before choosing among these formats to use for their firm, proprietors must weigh the benefits and drawbacks of each.
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The complete question is-
Many organizations will apply for temporary permits that allow which of the following activities?
Sell alcohol to members in a private club.
Promote and enhance the sale of an alcoholic beverage on behalf of a brewer or winery.
Offer in-store wine and beer samples.
Sell alcohol at locations where beverages are not usually sold for on-premise consumption.
Use the sample data below to test the hypotheses
:
: Not all population proportions are the same
Populations
Response 1 2 3
Yes 150 150 95
No 100 150 105
Answers
The provided sample data can be used to test the hypotheses about the population proportions, but we would need additional information to perform the chi-squared test and draw a definitive conclusion.
To test the hypotheses that not all population proportions are the same using the given sample data, we can perform a hypothesis test for proportions.
Step 1: Formulate the null and alternative hypotheses:
- Null hypothesis (H0): The population proportions are the same for all three populations.
- Alternative hypothesis (H1): The population proportions are not the same for all three populations.
Step 2: Choose a significance level (α):
The significance level is the threshold for determining if the results are statistically significant. Let's assume a significance level of α = 0.05, which is a common choice.
Step 3: Calculate the test statistic and p-value:
We can use a chi-squared test for independence to compare the observed frequencies with the expected frequencies under the null hypothesis. This test will help us determine if there is a significant difference in the proportions.
Step 4: Make a decision:
If the p-value is less than the significance level (α), we reject the null hypothesis and conclude that there is evidence to suggest that the population proportions are not the same for all three populations. If the p-value is greater than α, we fail to reject the null hypothesis and do not have enough evidence to suggest a difference in population proportions.
Note: To perform the chi-squared test, we need to have the observed frequencies and expected frequencies. The observed frequencies are given in the sample data, but we would need additional information to calculate the expected frequencies.
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1 of 20
When using social media, which of the following are valid operations security measures? Select all that apply.
Never violate operations security by posting critical information to social media sites.
Always conduct extensive subject research to support your claims on social media sites
Turn off the global positioning system (GPS) function on your personal digital devices since photos posted to social media could reveal your geographical location
While deployed, don't report your specific location on social media.
Answers
Using social media, security measures are: Do not compromise operational security by posting sensitive information on social media sites and Do not post personal information on social media.
What does social media sites mean?Social media is a collective term for websites and applications focused on communication, community-based input, interaction, content sharing, and collaboration. People use social media to keep in touch and interact with friends, family, and diverse communities.
What is the importance of social media sites?Billions of people around the world use social media to share information and make connections. On a personal level, social media allows us to connect with friends and family, learn new things, develop interests, and have fun.
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The heart of the golden rule is
O sympathy
O pity
O empathy
O liberty
Answers
Answer:
The answer is empathy
Explanation:
Empathy means to put yourself into another person's perspective, which is precisely what the golden rule "treat yourself how you would like to be treated" encourages.
If net sales for the current year were $612,000, the firm's days' sales uncollected for the year is: (Use 365 days a year.)
Answers
Answer:
42 days.
Explanation
Note: The full question is attached as picture below
Account receivable turnover ratio = $612,000 / $70,422
Account receivable turnover ratio = 8.69
Account collection period = 365 / 8.69
Account collection period = 42.00230.
Thus, the firm’s sales uncollected for year is 42 days.
PLEASE HELP ASAP
An engineer has designed a valve that will regulate water pressure on an automobile engine. The valve was tested on 270 engines and the mean pressure was 6.0 pounds/square inch (psi). Assume the population standard deviation is 0.6. The engineer designed the valve such that it would produce a mean pressure of 6.1 psi. It is believed that the valve does not perform to the specifications. A level of significance of 0.05 will be used. Find the P-value of the test statistic. Round your answer to four decimal places.
Answers
Since the P-value is less than the significance level, = 0.05 , we reject the null hypothesis
Decision is reject H0
What is P-Value?The P-value is a crucial metric of statistical significance utilized to measure the probability of obtaining a result equal to or more extreme than the observed one, provided that the null hypothesis is accurate.
If its value is lower than the predetermined level of significance (most commonly set at 0.05), then rejecting the null hypothesis is justified. The smaller the calculated P-value, the stronger the evidence against the null conjecture. Consequently, its ample usage in hypothesis testing has established it as an essential element in assessing the wordiness of research findings.
How to solve:
Given :
Sample size, n = 270
Sample mean,
= 6
Population standard deviation,
= 0.6
Population mean,
= 6.1
Significance level,
= 0.05
P-value : 0.0061
P-value with test statistic z= -2.74 is
Conclusion :
There is sufficient evidence to support the claim that the valve does not perform to the specifications
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City Taxi Service purchased a new auto to use as a taxi on January 1, Year 1, for $23,700. In addition, City paid sales tax and title fees of $570 for the vehicle. The taxi is expected to have a five-year life and a salvage value of $6,360. Required a. Using the straight-line method, compute the depreciation expense for Year 1 and Year 2. (Round your answers to the nearest whole dollar amount.) b. Assume the auto was sold on January 1, Year 3, for $19,672. Determine the amount of gain or loss that would be recognized on the asset disposal. (Round the intermediate calculations to nearest whole dollar amount.)
Answers
Answer: See explanation
Explanation:
Note that the depreciable cost was calculated as $17910 and the depreciation per year was:
= $17910/5
= $3582
Also, the book value of the taxi was calculated as:
= Cost - Accumulated depreciation
= $24270 - ($3582 × 2)
= $24270 - $7164
= $17106
Check the attachment for further explanation.
In which type of bailment does the bailee have the highest
standard of care?
A. Bailment for benefit of consideration
B. Bailments for the benefit of bailor and bailee
O C. Bailment for the sole benefit of the bailor
O D. Bailments for the sole benefit of the bailee
Answers
Answer:
D. Bailments for the sole benefit of the bailee.
Explanation:
i got it right:)
what is a bond? in your own words. economics.
Answers
Answer:
A bond is simply a loan taken out by a company. Instead of going to a bank, the company gets the money from investors who buy its bonds. In exchange for the capital, the company pays an interest coupon, which is the annual interest rate paid on a bond expressed as a percentage of the face value.
Explanation:
Answer:
A bond is a fixed income Instrument that represents a loan made by investors to a borrower ( typically corporate or governmental).
PLEASE HELP ASAP 10 min left
Answers
Answer: B.
Explanation:
Question 32
$24,800 is invested for 3 months in a savings account with a rate of 9% simple interest per year.
Find the interest.
$66,960.00
$5,580.00
$6,6960
$558.00
Answers
Mandatory spending refers to programs in the U.S. federal budget that
Answers
Answer:
Mandatory spending is simply all spending that does not take place through appropriations legislation. Mandatory spending includes entitlement programs, such as Social Security, Medicare, and required interest spending on the federal debt. Mandatory spending accounts for about two-thirds of all federal spending.
Explanation:
Hope it helps
Which of these is not an example of good practice when differentiating phonological awareness instruction?
a.
Increasing the intensity of instruction by teaching in smaller group sizes.
b.
Expecting all children to be able to produce rhyming words at the same time of the year.
c.
Increasing the intensity of instruction by giving individual children more opportunities to respond.
d.
Supporting children's understanding of an activity by using visual supports.
Answers
The option that is not an example of good practice when differentiating phonological awareness instruction is (b) Expecting all children to be able to produce rhyming words at the same time of the year.
What is good practice?Recognizing that children learn at various speeds and have varied degrees of preparedness is a key component of good practice in differentiating phonological awareness training. It is unrealistic to anticipate that all kids will develop at the same rate.
Each child's unique requirements and talents are taken into account while differentiating instruction. Therefore, it is inconsistent with the ideas of differentiation to expect all kids to be able to come up with rhymes at the same time of the year.
Therefore the correct option is b.
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A major drawback with lot-for-lot sizing is?
a) high setup costs
b) low investment costs
c) low setup costs
d) high capital investments
Answers
Answer:
c is the answer I think because I just think
You want to save at least $10,000 for a down payment on a new car. In cell B6, enter a formula to calculate how much you will have saved by putting away $500 per month for 24 months at a 1.5% annual interest rate. Use the appropriate cell references. Remember to use a negative value for the Pmt argument. There is no money in the account yet and payments are applied at the end of every month, so omit both the Pv and Type arguments. (Hint: Use the FV function.)
Answers
Answer:
$14,316.76
Explanation:
How much you will have saved?
Using MS Excel to calculate the FV function
= FV(Rate, Nper, Pmt)
= FV(1,5%, 24, 500)
= 14316.7604
= $14,316.76
So, the total amount you will have saved by putting away $500 per month for 24 months at a 1.5% annual interest rate is $14,316.76
What is the difference between inflation and deflation.
A. Inflation can result from falling demand and boosts the value of money. Deflation can result from rising demand and reduces the value of money.
B. Inflation can result from rising demand and boost the value of money. Deflation can result from failing demand and reduces the value of money.
C. Inflation can result from falling demand and reduces the value of money. Deflation can result from rising demand and boost the value of money.
D. Inflation can result from rising demand and reduces the value of money. Deflation can result from falling demand and boost the value of money.
Answers
Answer:
D. Inflation can result from rising demand and reduces the value of money. Deflation can result from falling demand and boost the value of money.
Explanation:
Inflation is the general increase in prices in the economy over time. As the economy grows, prices automatically rise. There is a direct correlation between economic development and inflation. A high growth rate may result in a high inflation rate. High growth is caused by an increase in demand for goods and services.
Inflation erodes the purchasing power of money. As prices increase, it means one unit of money will purchase fewer quantities of goods and services than the previous season.
Deflation is the opposite of inflation. It means a general decline in prices in the country. Low production due to reduced demand causes prices to decline. One unit of money will purchase more quantities of goods and services as prices decline.
Answer:
I believe the answer is D :)
Explanation:
Select the correct answer. Read this excerpt from a policy document that informs employees about payroll procedures: A) Each employee will submit a completed time sheet that shows the number of hours worked, sick time, and any vacation time taken. B) Managers must review each time sheet for accuracy and then sign it. The project director will then approve and sign each time sheet. C) If the company can’t directly deposit pay into employees’ bank accounts, the company will distribute payroll checks by 5 p.m. on the first Monday after the two-week pay period has ended. (D) The company will deduct taxes and benefits from pay. In which scenario would the company need to refer to the policy document?
Answers
The scenario where a policy document will be referred to will be D. The company will deduct taxes and benefits from pay.
A policy document simply means a formal document that is a legally binding document. It contains the instructions that determine how things are done in a organization.
Since the policy document informs employees about payroll procedures, it'll be applicable when the company will deduct taxes and benefits from pay.
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