On january 1, 2017, robinson company purchased franklin company at a price of $3,850,000. the fair market value of the net assets purchased equals $2,870,000. 1. what is the amount of goodwill that robinson records at the purchase date?

At the beginning of Year 1, a company reported a balance in common stock of $154,000 and a balance in retained earnings of $54,000.

The main idea in the making ethical decisions box "do we stay or do we go?" indicates: a need for firms to place a higher level of importance on time-to-market when choosing facilities locations.

Which of the following is not a liquid investment? CD Mutual fund Savings account Cookie jar

Lanni takes out a bank loan. It receives $50,000 in cash and signs a note promising to pay back the loan over three years. Lanni uses the cash from the bank plus $20,000 of its own funds to finance the development of new financial planning software.

For each of the following cases determine the ending balance in the inventory account. (Hint: First, determine the total cost of inventory available for sale. Next, subtract the cost of the inventory sold to arrive at the ending balance.) a.

What best describes an entrepreneur? a. Someone who initiates and assumes the financial risk of a new business enterprise. b. A person who knows how to evaluate which stocks to purchase. c. Someone who can expertly manage other people's investments.

JRN Enterprises just announced that it plans to cut its dividend from $3.50 to $2.50 per share and use the extra funds to expand its operations.

Sykora, Inc., which uses a predetermined overhead rate based on direct labor hours, estimated total overhead for the year to be $12,000,000 and total direct labor hours to be 320,000 hours. Calculate Sykora's predetermined overhead rate.

Appalachian mountain goods has paid increasing dividends of $.10, $.12, $.15, and $.20 a share over the past four years, respectively.

What type of skills tends to be equally important at all levels of management? a. technical skills b. human skills c. decisional skills d. motivation to manage e. conceptual skills