Answer:
The correct answer is $0
Explanation:
Solution
An Impairment loss recognized when a book value of reporting company is more than its fair value, In the given example, the book value is not more than its fair value or higher than the value, hence the amount of the impairment loss that Antle Inc would record for goodwill at the end of 2021 is: Impairment loss is $0
Answer: b. False
Explanation:
A multinational corporation is an international organization aimed to make profits for stockholders by meeting a specific demand for a product. Both multinational corporations and international nonprofit organizations work beyond international frontiers, but a nonprofit is not intended to make money but to attract donations for social issues.
Answer:
See below
Explanation:
1. Sole proprietorship
A company with one owner, personal liability, and pass-through taxation.
The owner makes all decisions by themselves and keeps all the profits. Business income is also owner income. Likewise, business debts are the owner's debts.
2. LLC
A company with multiple owners, limited liability, and pass-through taxation. A minimum of one owner but no upper limit. Owners are referred to as members.
3. Corporation
A company with multiple owners, limited liability, and higher taxes.
It is regarded as a separate entity from its owners. A corporation is expected to file corporate tax returns.
4. Partnership
A company with multiple owners, personal liability, and pass-through taxation. A partnership is formed when friends or entrepreneurs with similar interests combine efforts to start a business. They develop a partnership deed that guides their business operations.
Answer:
I) The difference between the option's price and the value it would have if it were expiring immediately
Explanation:
Time value in options trading simply refers to the part of an option's premium (cost or price) which is attributed to the amount of the time remaining until expiration.
An addition of the option's time value and intrinsic value equals the total premium of an option.
Therefore, we can mathematically state that:
Time Value = Option Premuim(Price) - Intrinsic Value.
The Option Premuim is an amount of money known as the price or cost.
In an exchange for the right granted by the option, an option buyer pays for the premium to an option seller.
Generally, it is seen that the more time that remains until the expiration, the greater the time value of the option. This happens as a result of investors willing to pay a higher premium for more time since the longer time taken to execute contract will be profitable due to a favorable move in the underlying asset.
Also, the lesser time remaining on an option will result in lesser willingness of investors to pay because the probability for profitability is slim.
Answer:
Total disbursement 892,000
Explanation:
Nomvember cash disbursement for raw materials
Nomvember purchase 860,000 x 60% = 516,000
ocober purchase 940,000 x 40% = 376,000
Total disbursement 892,000