Answer: Limited liabilities and partnerships
Explanation:
Limited liabilities mean that the partners within the firm are only liable to pay off their debts with the amount they had invested as capital in the company. Partnership is an agreement between certain number of partners to share the profit and loss of the company. In this case since there is a 50/50 allocation of profits and there are only 2 partners therefore, this is a limited liability partnership.
A career is something that can last forever well a non career is a thing that can end quickly
Answer:
-Better decision making
-Can prevent costly mistakes and helps in tax period
Answer: Please refer to Explanation.
Explanation:
Your question was incomplete so I attached the missing details.
The Carrying Amount of the Division has to be ascertained to move forward as it is needed in calculating the loss on Impairment. It is calculated by subtracting Goodwill from the Net Assets.
= 496 - 214
= $282 million
Calculating the Loss on impairment is done by the following formula,
= Market Price - Carrying Amount of the Division (net of Goodwill) - carrying value of Goodwill
= 335 - 282 - 214
= -$161 million.
Journal Entry
DR Loss on Impairment $161 million
CR Goodwill $161 million
(To record the loss on Impairment)
Answer:
Answer 2)
Explanation:
It usually takes a lot of time to process an email and many companies found that when reduction in email communication is made or at least lowered to the most important messages level, it increases productivity. Many companies found out that of all the number of received emails by their employees only 10% are actually valuable. Also, it usually takes a lot more time to analyze content of the email, than to write one.