On January 1, 201, Ridge Road Company acquired 20% of the voting shares of Sauk Trail, Inc. for $2,700,000 in cash. Both companies provide commercial internet support services but serve markets in different industries. Ridge Road made the investment to gain access to Sauk Trail's board of directors and thus facilitate future cooperative agreements between the two firms. Ridge Road quickly obtained several seats on Sauk Trail's board which gave it the ability to significantly influence Sauk Trail's operating and investing activities.
The January 1, 2014, carrying amounts and corresponding fair values for Sauk Trail's assets and liabilities follow.
Carrying Amount Fair Value
Cash and receivables $110,00 $110,000
Computing equipment 5,000,000 5,700,000
Patented technology 100,000 4,000,000
Trademark 150,000 2,000,000
Liabilities (185,000) (185,000)
Also as of January 1, 2014, Sauk Trail's computing equipment had a remaining estimated useful life of seven years. The patented technology was estimate to have a three year remaining useful life. The trademark's useful life was considered indefinite. Ridge Road attributed to goodwill any unidentified excess cost.
During the next two years. Sauk Trail reported the following net income and dividends:
Net Income Dividends Declared
2014 $1,800,000 $150,000
2015 1,985,000 160,000
a. How much of Ridge Road's $2,700,000 payment for Sauk Trail is attributable to goodwill?
Goodwill _____

Answers

Answer 1

The amount of Ridge Road's $2,700,000 payment for Sauk Trail attributable to goodwill is $375,000.

To calculate the amount of goodwill, we need to first determine the fair value of Sauk Trail's net identifiable assets at the time of the acquisition.

Step 1: Calculate the fair value of net identifiable assets.
Net identifiable assets = (Cash and receivables + Computing equipment + Patented technology + Trademark) - Liabilities
Net identifiable assets = ($110,000 + $5,700,000 + $4,000,000 + $2,000,000) - $185,000
Net identifiable assets = $11,625,000

Step 2: Calculate Ridge Road's share of the net identifiable assets.
Ridge Road owns 20% of Sauk Trail, so:
Ridge Road's share = 20% x $11,625,000
Ridge Road's share = $2,325,000

Step 3: Calculate the amount of goodwill.
Goodwill = Total payment for Sauk Trail shares - Ridge Road's share of net identifiable assets
Goodwill = $2,700,000 - $2,325,000
Goodwill = $375,000


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Related Questions

The outcome indicated by Sir Arthur Lewis Surplus labour model would be very difficult to come to fruition because it is very unlikely that producers could keep salaries low in a growing industrial sector. Select one: O True O False

Answers

The statement "The outcome indicated by Sir Arthur Lewis Surplus labour model would be very difficult to come to fruition because it is very unlikely that producers could keep salaries low in a growing industrial sector" is true.

Surplus labor theory is a development theory that proposes that creating more jobs in a country's industrial sector will increase productivity and incomes while also creating a foundation for industrial growth. Industrial growth happens as workers transition from agriculture to factories and is called the Lewis model after the economist who created it.

However, because of changes in the industrial sector that we see today, the model is quite challenging to implement as it was originally intended. Surplus labor theory depends on the idea that manufacturing wages can be kept low enough to allow industries to profit from their products while still offering enough employment for people coming from agriculture.

However, in current times, with a growing population and increasing labor competition, salaries can increase, making it difficult to sustain. Even if manufacturers are willing to maintain low salaries, labor regulations and workers' rights groups can make it difficult to do so.

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Credit card companies charge
on any purchases you have not paid off that month.

Answers

as far as I know yes
Bxbzbzbzbbzbznxbxnznbz
Yess they do I have a credit card the only thing u need to do is to not leave your account on negative and keep putting money in it because if it’s under 10$ and you don’t put more you will be charged 35 the next day so when you put money back they will take your money, let me be honest debit cards eats your money it’s better to get credit

what did volkswagen's internal investigation reveal about the falsified emissions? a. that employees just followed orders b. that a couple of engineers went rogue and caused the problems c. that the company had no criminal responsibility d. that no executives were aware of the emissions falsification

Answers

Volkswagen's internal investigation revealed about the falsified emissions that a couple of engineers went rogue and caused the problems.

What was Volkswagen emissions scandal?

The Volkswagen emissions crisis, often known as Dieselgate or Emissionsgate, started in September 2015 when the German carmaker Volkswagen Group received a notice that it had violated the Clean Air Act from the US Environmental Protection Agency (EPA). The government discovered that Volkswagen had purposefully set up its turbocharged direct injection (TDI) diesel engines so that their pollution controls would only activate during laboratory emissions testing, enabling the vehicles' NOx output to satisfy US standards during regulatory testing. In actual driving, the vehicles released up to 40 times more NOx. In model years 2009 through 2015, Volkswagen installed this software in around 11 million vehicles globally, including 500,000 in the United States.

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When U. S. Preident Donald Trump impoed tariff on imported teel, Charmaine wa working a a project manager for a U. S. -baed contruction company. Charmaine’ company had to pay more for the teel they imported from China, which decreaed the overall profit on ome of their bigget build. After a few month, her company decided to raie the price of material for all future build to offet thoe extra cot. In thi cae, who ended up paying for the tariff?

Answers

The Trump tariffs are a set of American tariffs enacted during the administration of Donald Trump in an effort to close the trade deficit by reorienting American trade policy away toward bilateral trade partnerships over multilateral free trade agreements.

What is called imported?

Anything acquired outside of the country of origin is considered an import. Both imports and exports are a part of global trade. A country has a trade imbalance if the value of the its imported exceeds than value of its exports. An import is any product that is produced overseas and brought into another country. For instance, if a Belgian company manufactures chocolate and sells it in the US, that would be considered an import from the American point of view.

Why is import used?

With the use of a single phrase, Java's import statement makes it simple to take all of the classes that are visible to a program and specify them under a package. Since the programmer does not have to write the complete class definition, it is quite advantageous. As a result, it makes the program easier to read. Additionally, imports broaden the range of options available to consumers and contribute to cheap pricing, increasing their purchasing power. Additionally, imports give American firms high-quality inputs that assist enterprises and their American workers establish or maintain high levels of competitiveness in both domestic and international marketplaces.

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4) according to a recent recruiting survey, the most common mistake made by job interviewees is a) shaking hands softly. b) talking too much. c) dressing inappropriately. d) arriving late to an interview.

Answers

According to the survey, the most common mistake made by job interviewees refers to the error that occurs frequently during job interviews.

What is the formula to calculate the present value of an annuity?

Based on the given options, the most common mistake made by job interviewees is typically talking too much.

This means that candidates tend to over-communicate or provide excessive information during the interview process, which can be seen as a negative behavior.

It is important for interviewees to strike a balance between providing necessary information and being concise in their responses, as it demonstrates effective communication skills and the ability to stay focused on relevant points during the interview.

However, the survey findings indicate that out of these options, one particular mistake was reported as the most common.

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What are some of the safety precautions that the workers must follow to avoid injury in the workplace? Which precautions are the worker's responsibility? Which precautions are the employer's responsibility?

Answers

one should use appropriate tool for the appropriate work

For an investor seeking a tax sheltered investment, the primary advantage of a real estate direct participation program is the: A high level of liquidity provided by the investment B ability of the program to generate losses for tax purposes but provide positive cash flow C ability to offset passive losses generated by the program against the investor's earned income D ability of the program to generate increasing losses until liquidation Review

Answers

Answer is B. Hope I helped have a good day

What are some physical cues I should look for when carding guests?

Select all that apply and then click Submit.

• Height
• Weight
• Age
• Bone structure
• Gender
• Eye color

Answers

Answer:

Our accredited state alcohol training certification courses and food handlers courses help provide best practices and training tips for you to meet state, local, business, and professional needs. Our focus is to help you serve your patrons safely and be a successful bartender or server. Get your alcohol training certification online quickly with our training courses. Choose from the state-level seller-server course, Responsible Alcohol Manager course, Master Bartender course, Food Handler courses, and food manager certification. For bartender training, we have a two-for-one deal with our The Ultimate Guide To Bartending e-book and our Master Bartender course. Together, these provide the best seriously in-depth yet easy-to-follow book and course combination available on your iPhone, Android phone, tablet, or computer. We cover topics in our bartender courses about how to become a bartender, how old you need to be to become a bartender, how much is a bartending license, and how to get your bartender license. For reference, we have a web page dedicated to some helpful bartender career statistics in the US. For general information on obtaining a bartending license (not specific to any state), see our Ultimate Guide to Getting a Bartending License.

The Most Reputable and Recommended Alcohol Training Certification Happy bartender making a cocktail ServingAlcohol. offers the best option to accomplish your online certification. We go beyond the basics of alcohol awareness and carding techniques to deliver everything you need to know as an alcohol seller-server in your state. Over the past 35 years, we have become the most widely respected authority in responsible alcohol training by state and local officials. Our alcohol server certification program prepares alcohol sellers to sell and serve alcoholic drinks on and off-premises responsibly. We offer a wide host of state courses and bundles (combined with food safety handling courses) to suit your employment needs and business operations.

Pls Mark As Brainliest If The Answer Is Correct

Age is a physical cue I should look for when carding guests. Thus option C is correct.

What are physical cues?

Use physical clues like examples, eye contact, facial emotions, and hand-over-hand touch. Other cues can be signs, a church bells, or dimmer lights.

State rules and regulations differ when it to requesting IDs, and the FDA also establishes a minimum carding age. Congress enacted laws in December 2019 that set the frisking age at under 30 and increased the legal drinking age from 18 to 21 for all tobacco and vapor products.

While some establishments set its carding practices at a specified age level, others require employees to card ALL clients. In a few years, it's conceivable that all IDs will be scanned prior to the purchase of a time-of-life commodity. Therefore, option C is the correct option.

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Five high school friends all happen to be females born in 2003. Assuming that the survival of each one is independent of the others, what is the probability that at least one of them lives to be 100 years old?.

Answers

It is possible for at least one of five high school friends born in 2003 to live to be 100 years old.

Assuming that the survival of each one is independent of the others, the probability of this occurring can be calculated using the binomial probability formula.

The probability of one of the friends living to be 100 years old is equal to 1 minus the probability of all of them failing to reach the age of 100. This probability can be calculated by multiplying the probability of each friend failing to reach 100 (1-p) five times.

For example, if the probability of each friend living to 100 is 0.8, then the probability of at least one of the friends living to be 100 is equal to 1 - (0.2 * 0.2 * 0.2 * 0.2 * 0.2) = 0.99.

In conclusion, the probability of at least one of the five high school friends born in 2003 living to be 100 years old is dependent on the probability of each individual friend reaching that age, and can be calculated using the binomial probability formula.

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How do you give brainliest?

Answers

Answer:

you press the crown

Explanation:

Answer: you have to wait a lil bit then get back on the question you answer then it'll show a crown in the side of you screen and press it if you want to

Explanation:

does the effectiveness of monetary policy depend on inflation expectations

Answers

Monetary policy is a powerful tool used by central banks to stabilize the economy. The effectiveness of monetary policy is dependent on the inflation expectations. The central bank's monetary policy can only work well if it can influence the behavior of economic agents who play a crucial role in determining inflation expectations.A central bank has to consider inflation expectations while making monetary policy decisions. Inflation expectations can be defined as a measure of future inflation that economic agents expect. They have a direct impact on the price level and interest rates, making it important for monetary policy.The effectiveness of monetary policy depends on inflation expectations because it influences how people and businesses behave. Monetary policy actions only have a limited effect on inflation when people have high inflation expectations. Economic agents do not change their behavior based on a central bank's policy if they expect higher inflation in the future. In such cases, monetary policy actions might even have the opposite effect, leading to higher inflation.

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On Sunday, Dawson's flower shop sold 25 arrangements. The materials needed for 25 arrangements cost $250. If he sold each arrangement for $55, what would the net income?

Answers

Answer:

Net Income = $1125

Explanation:

The net income is the difference between the revenue and the total costs incurred to earn that revenue. It can be calculated as follows,

Net Income = Revenue - Total costs

The revenue in the given question can be calculated by multiplying the selling price per arrangement by the number of arrangements sold.

Revenue = 55 * 25

Revenue = $1375

The total cost for materials needed for 25 arrangements is provided and there are no other costs.

Net Income = 1375 - 250

Net Income = $1125

Suppose the skills needed to perform the work in the two industries are identical, and the supply of labor to the two industries is fixed at 6,000 workers per day. What will be the equilibrium wage, and how many workers will work in each industry?

Answers

Answer and Explanation:

The computation of the equilibrium wages and the number of workers in each industry is as follows:

Since the supply of labor is 6,000

As per the attached graph, the common rate is $8 per hour so if we take 2000 workers in industry A and 4000 workers in industry b  

So, the equilibrium wage would be $8

Hence, the same would be considered and relevant too

Suppose the skills needed to perform the work in the two industries are identical, and the supply of

arco steel, inc. generated total sales of $45,565,200 during fiscal 2010. depreciation and amortization for the year totaled $2,278,260, and cost of goods sold was $27,339,120. interest expense for the year was $9,641,300 and selling, general, and administrative expenses totaled $4,556,520 for the year. what is arco's ebit for 2010?

Answers

$9,641,300 was spent on interest during the year, while $4,556,520 was spent on selling, general, and administrative costs. EBIT for Arco in 2010 was $11,391,300.

EBIT is a crucial indicator of a company's operational effectiveness. It demonstrates how much money a company makes from its core operations because indirect costs like taxes and interest on debts are not included.

Total Sales = 45,565,200.00

Cost of goods sold = 27,339,120.00

Gross profit = Total Sales - Cost of goods sold

= 45,565,200.00 - 27,339,120.00

= 18,226,080.00

EBIT = Gross profit - Depreciation & amortization - Selling, General & administrative expenses

= 18,226,080.00 - 2,278,260.00 - 4,556,520.00

Depreciation & amortization = 2,278,260.00

Selling, General & administrative expenses = 4,556,520.00

EBIT = 11,391,300.00

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five boxes of bananas sell for $30.00. how many boxes can you buy for $9.00?

Answers

Answer:

1 box.

Explanation:

First, find out how much one box costs. To do this, divide 30 by five. This gives us $6. So if each box costs $6, then how many boxes can we buy if we have $9? The answer is one. Two boxes would cost $12, but we only have $9, so we could only buy 1 box and have $3 leftover.

Explanation:

five box=$30

1 box =30 divided by 5 = 6

so 1 and a half = 90 because 1 box =6dollars so 1 and a half will be 90 dollars

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The panama canal expanded to accommodate larger container ships in 2016. Which effect will this new infrastructure most likely have on patterns of world trade and food distribution?

Answers

The Panama Canal expanded to accommodate larger container ships in 2016. It will affect the cost of food transport, changing shipping routes and making a trade with different end markets more or less desirable.

The 48-mile-long (77 km) International waterway known as the Panama Canal allows vessels to pass between the Atlantic Ocean and the Pacific Ocean, saving about 8000 miles (12,875 km) from a journey around the southern tip of South America, Cape Horn. After an intensive construction program (2009-2016), the Cocoli and Agua Clara Locks added a third lane to the Panama Canal for the transit of Neopanamax vessels.

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The method of recording sound that involves storing it in a series of numbers is called:__________

Answers

The method of recording sound that involves storing it in a series of numbers is called digital audio recording or digital sound recording. In this method, the sound waves are converted into a digital format, represented by a series of numerical values or samples.

This process is known as analog-to-digital conversion.

Digital audio recording allows for precise capturing, storage, and reproduction of sound using binary code. The analog sound waves are sampled at regular intervals, and the amplitude of the wave at each sampling point is quantized and represented by a binary number. These samples are then stored in a digital file format, such as WAV or MP3, which can be played back and reconstructed into sound waves by a digital audio player or device.

This method of recording sound offers several advantages, including high fidelity, ease of editing and manipulation, and the ability to store and transmit audio files efficiently. It has become the standard method for audio recording and playback in various applications, including music production, film and television, telecommunications, and digital media.

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Which type of tort happens when you unfairly damage another company's reputation?
A.
Fraud
B.
Conflict
C.
Interference
D.
Defamation


Please select the best answer from the choices provided

A

B
C
D

Answers

Answer:

D

Explanation:

A consumer's preferences for hamburgers and root beer can be represented by the utility function U(H,R)=
H

+R, where H measures the number of hamburgers consumed and R measures the number of root beers. Questions: 1. Do you think the consumer believes that more is better for each good? 2. Does the consumer have a diminishing marginal utility of each good?

Answers

This is known as the law of diminishing marginal utility. The consumer has a diminishing marginal utility of each good.

1. More is better: Yes, the consumer believes that more is better for each good because as they consume more of both the goods, the total utility keeps increasing.

Total utility can be found by the formula

Total Utility = TU (H, R)

= H + R.

2. Diminishing Marginal Utility: Yes, the consumer has a diminishing marginal utility of each good because as the consumer consumes more of hamburgers or root beer, the marginal utility of each additional unit decreases.Marginal utility is defined as the additional utility derived from consuming an additional unit of a good, it is usually measured by taking the first derivative of the utility function.The marginal utility of hamburgers (MUH) can be derived by taking the first derivative of the utility function with respect to hamburgers.

MUH = dU/dH

= 1,

Since the derivative of H with respect to H is 1.

Similarly, the marginal utility of root beer (MUR) is MUR = dU/dR

= 1,

Since the derivative of R with respect to R is 1.

As the consumer consumes more of each good, the marginal utility will decrease since each additional unit consumed will provide less and less additional utility.

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The Foreign Corrupt Practices Act (FCPA) makes it illegal for US citizens to bribe high ranking foreign officials to get new business.

Answers

The Foreign Corrupt Practices Act (FCPA) makes it illegal for US residents to pay high-ranking foreign officials in order to gain new business. A violation can carry a criminal sentence of up to five years in jail. A violation is a felony since it carries a sentence of more than a year in jail.

The traditional definition of a crime is a felony, however a misdemeanour is seen as a less serious criminal. Under English common law, a crime was referred to as a "felony" (from the French term "félonie") if it resulted in the confiscation of a defendant's property and the potential of additional punishments, including the death penalty. Minor crimes were referred to as misdemeanours. According to all federal and state laws, a crime in the United States is often categorised as a violation, a misdemeanour, or a felony depending on how serious it is. A felony is a serious offence that carries a penalty of more than one year in jail.

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Complete Question:

The Foreign Corrupt Practices Act (FCPA) makes it illegal for US citizens to bribe high ranking foreign officials to get new business. A violation can have a criminal penalty that involves up to five years in prison. The fact that one could be punished by over a year in prison makes a violation:

What are some good colleges in New Orleans that arent expensive??

Answers

Answer:

southern university, Dillard university, university of new orleans

four reasons why Corona virus could be harmful to economic growth??​

Answers

Answer:

Employees have to be let go because social distancing is a thing

Businesses are not getting enough customers because of quarantine, which leads to them shutting down

Factories that supply stores are shut down to prevent spread in factory lines

For those with computer jobs, working from home does not give an employee as much freedom with printing or scanning as it does at work, which slows down the completion of assignments and lowering the business`s dependability

Which of the following factors, if any, is not a characteristic of independent contractor status? a.Workplace fringe benefits are not available. b.Services are performed for more than one party. c.Work-related expenses are reported on Schedule A (Form 1040). d.Receipt of a Form 1099 reporting payments received. e.None of these choices are correct.

Answers

Answer:

c. Work-related expenses are reported on Schedule A (Form 1040).

Explanation:

An independent contractor can be defined as a self employed individual or business entity that provides services or work for another for an agreed fee.

This ultimately implies that, an independent contractor is a non-employee of the organization he provides services or work for. Some examples of independent contractor are consultants, engineers, lawyers, accountants, auditors, doctors etc.

Hence, reporting work-related expenses on Schedule A (Form 1040) is not a characteristic of independent contractor status.

However, independent contractors are required by law to report income and expenses on Schedule C (Form 1040) and report all their profits or losses on Schedule E (Form 1040) in the United States of America.

Additionally, an independent contractor status suggests that workplace fringe benefits are not available, services are performed for more than one party and must have receipt of a Form 1099 reporting payments received.

Recount the methods used to assign costs to inventory and cost of goods sold under both a perpetual and a periodic system. (Check all that apply.) Multiple select question. Weighted average Specific identification First-in, first-out Last-in, first-out First-in, last-out Last-in, last-out

Answers

The methods used to assign costs to inventory and cost of goods sold under both a perpetual and a period system are:

a. Weighted average

b. Specific identification

c. First-in, first-out

d. Last-in, first-out

What are the inventory methods?

For most businesses, the four inventory methods used for assigning costs to the ending inventory and the cost of goods sold for the period are the Weighted average, Specific identification, First-in, first-out, and Last-in, first-out.

Thus, the inventory methods do not include First-in, last-out Last-in, last-out.

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Since your reputation and your employer's can be damaged in a variety of ways, it is important to recognize that

Answers

Since your reputation and your employers can be damaged in a variety of ways, it is important to recognize that it takes only a moment of bad judgment or a few poor choices to bring irreversible damage to the individual and organization.

Employees who damage their reputations can experience difficulties in obtaining work elsewhere, and organizations can lose business as a result of such negative publicity. Therefore, it is crucial to take steps to prevent such harm from occurring, including avoiding activities or behaviors that could be considered unethical or unlawful.

In order to protect one's reputation and their employer's, it is important to be aware of the potential risks involved and take steps to prevent them from occurring. This includes being mindful of one's online activities, as anything posted on social media or other public forums can be easily accessed by potential employers or clients. Additionally, it is important to maintain a professional image both in and out of the workplace, as actions and behaviors outside of work can still reflect on one's employer.

In conclusion, safeguarding one's reputation and that of their employer requires conscious effort and awareness. It takes years of hard work to build a good reputation, but it can be lost in a moment of carelessness. Therefore, individuals must always be mindful of the potential consequences of their actions and behaviors, both on and off the job.

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It is important to receive feedback from customers and employees on a prototype's efficacy. What is
efficacy?

A. How well something decreases raw materials cost

B. How well something increases profits for shareholders

C. How well something accomplishes the goal it was set out to accomplish

*any trolls will get reported*

Answers

Efficacy means the ability to produce the desired output.

It is definitely important to get feedback from employees and customers.

The raw material cost should be reduced subject to not reducing the quality of the raw material. If the raw material quality is affected then it would affect the sales.

To maximize the shareholder profit the sales should be increased and the cost should be reduced. And strategies should be taken to increase sales.

Achieving the goals and objectives would in turn increase the shareholder's return.

To achieve the goals and objectives strategic planning should be undertaken by the company.

Question 10 of 20
A college student wants to buy a new guitar. Unfortunately, she doesn't have
enough money to pay for it all at once. She'd like to pay for it in small
installments over a few months.
Which type of loan would most help solve her problem?
A. A credit card
B. A mortgage
C. A line of credit
O D. A student loan
SUBMIT
A

Answers

Answer:

A student loan I guess is the answer

True or False: In some small-market teams, current players who originally commanded a small salary but who have greatly succeeded on the team can become too expensive for the team to re-sign.

Answers

There are different kinds of market. In some small-market teams, current players who originally commanded a small salary but who have greatly succeeded on the team can become too expensive for the team to re-sign is a true statement.

There are a lot of terminology of professional sports in North America. A lot of teams are often based in the media market.

A small market team is known to have some form of  struggle as they compete financially against teams from larger markets

Because of this, they may be outbid in the competition for top talent. In most small-market teams, their main players who have achieved great success on the team can become too expensive for the team to re-sign them this is because they have become too big and they can no longer afford them.

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Answer:true

Explanation:

i got it right

A [Blank] is a type of program that uses a grid to organize and work with data.

Please help me!

Answers

A spreadsheet is a type of program that uses a grid to organize and work with data.

A spreadsheet is a computer program used for tabular data organization, calculations, and storage. Spreadsheets were developed as electronic replacements for old-fashioned paper accounting spreadsheets. The software runs on the data entered into a table's cells. Data structured into rows and columns can be stored, displayed, and edited using spreadsheet software. Spreadsheets are one of the most used computer tools. A spreadsheet is typically used to record numerical data and brief language passages.

Budget creation, the creation of graphs and charts, and the storing and sorting of data are the three most typical general purposes for spreadsheet software. In the corporate world, spreadsheet software is used for making charts, calculating revenues, and forecasting future performance.

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How do self-interest and competition affect the market.

Answers

Answer: Self-interest, competition, and incentives promote smoothly running markets. Unforeseen events disturb supplies of goods and services and affect prices in the marketplace. Rising prices, specialization, negative incentives, and multiple markets.

Explanation: Hope this helps :)

Other Questions
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