The deadweight loss that would result from a monopoly butane market with the environmental surcharge is $28.
(a) What areas depict the deadweight loss that would result from a perfectly competitive market for butane with no environmental regulation imposed on producers?In a perfectly competitive market, price is determined where the demand curve intersects with the supply curve.
The equilibrium price is the price at which consumers are willing to buy a certain quantity, and suppliers are willing to sell a certain quantity. At this point, the social benefit of the last unit sold equals its social cost. Social surplus is maximized at the equilibrium point. In a perfectly competitive market, there is no deadweight loss as social surplus is maximized.
Thus, the area of deadweight loss is zero.(b) Now assume that an environmental surcharge (tax) of $30 per gallon is imposed on producers of butane, but also that butane is a monopoly market. What is the deadweight loss that would result from a monopoly butane market with the environmental surcharge? The private marginal cost (PMC) of the monopoly is $5 + 2q.
The social marginal cost (SMC) of the monopoly is the private marginal cost (PMC) plus the cost of environmental damage ($30 per unit) which equals $5 + 2q + $30 = $35 + 2q. We can now determine the quantity that the monopoly would supply in a market if the price is P.
Equate the SMC with the market price P: $35 + 2q = P. This implies that the monopoly will supply q = (P - $35)/2 units of butane.
To obtain the market demand curve, we subtract the inverse demand from 90: QD = 90 - P. Thus the inverse demand curve is P = 90 - QD.
Substitute the quantity supplied by the monopoly in the equation of the inverse demand curve: P = 90 - [(P - $35)/2]. Solving for P yields P = $40.
The quantity supplied by the monopoly equals q = (P - $35)/2 = 2.5. The deadweight loss is the area between the demand curve and the social marginal cost curve, integrated between the quantity supplied by the monopoly and the quantity that would be supplied in a perfectly competitive market.
The area is (1/2) x (39 - 25) x (2.5 - 5) = 28.
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Use the Internet to find an article that deals with the financial records of a business. Once you have found and read your article, record your summary and the link location using the following format in the box below. Be sure to include the URL links you used as resources in the space below. Submit your work below.
Paragraph #1 - Summary of article and link
Paragraph #2 - How it relates to entrepreneurship
Paragraph #3 - Your opinion of how the business will do in the next few months based on its financial records.
After using the Internet to search an article that deals with the financial records of a business is mentioned below:
Business Financial Record:The economic facts of a enterprise is a illustration of wherein the cash the enterprise earns comes from and wherein the cash is being directed in addition to the modern-day popularity of the cash earned, (source, U.S. Securities and Exchange Commission website) Financial facts includes; General accounting books, Banking facts, debtor's facts, creditor's facts, charges facts, tax facts, provide details, agreement facts, listing of assets, worker payments, cashbook facts, and inventory facts (Source Australian Charities and Not-for earnings fee website).
How it pertains to entrepreneurship?An entrepreneur, venturing right into a enterprise, wherein capital investments are and sources are put, sales is collected, shares are sold, and elements of manufacturing including device are purchased, can great keep the economic fitness of the via way of means of maintaining an correct and updated economic record, such that the coins flows are correctly control to achieve the proper fees and hobby fees from providers and creditors respectively .(Gateway to Commercial Finance website)
Your opinion of ways the enterprise will do withinside the following couple of months primarily based totally on its economic facts
A enterprise that always makes earnings and incurs a hard and fast charges is anticipated to grow, whilst a enterprise that has restrained sales is anticipated to embark on novel approaches.
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Your client is going to buy an investment that will pay $1,757 two years from now, $2,417 four years from now, and $1,805 five years from now. If the appropriate after-tax rate of return is 8.51 percent per year, what is the present value of this investment?
Round the answer to two decimal places.
The present value of the investment, rounded to two decimal places, is $4,479.69.
To calculate the present value of the investment, we need to discount the future cash flows back to their present values using the appropriate after-tax rate of return.
Using the formula for present value (PV) of a cash flow:
PV = CF1 / (1 + r)^1 + CF2 / (1 + r)^2 + CF3 / (1 + r)^3 + ... + CFn / (1 + r)^n
Where PV is the present value, CF is the cash flow, r is the after-tax rate of return, and n is the number of years.
CF1 = $1,757 (in 2 years)
CF2 = $2,417 (in 4 years)
CF3 = $1,805 (in 5 years)
r = 8.51% or 0.0851
Calculating the present value:
PV = $1,757 / (1 + 0.0851)^2 + $2,417 / (1 + 0.0851)^4 + $1,805 / (1 + 0.0851)^5
PV = $1,757 / (1.0851)^2 + $2,417 / (1.0851)^4 + $1,805 / (1.0851)^5
PV = $1,757 / 1.181592 + $2,417 / 1.380216 + $1,805 / 1.455766
PV = $1,487.94 + $1,751.73 + $1,240.02
PV = $4,479.69
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:: AllCity, Inc., is financed 42% with debt, 9% with preferred stock, and 49% with common stock. Its pretax cost of debt is 6.1%, its preferred stock pays an annual dividend of $2.48 and is priced at $25. It has an equity beta of 1.11. Assume the risk-free rate is 2.2%, the market risk premium is 7.5% and AllCity's tax rate is 25%. What is its after-tax WACC? Note: Assume that the firm will always be able to utilize its full interest tax shield. The WACC is %. (Round to two decimal places.) C..
The after-tax weighted average cost of capital (WACC) for AllCity, Inc. is approximately 9.09%. It is the average cost of financing for the company, considering debt, preferred stock, and common stock.
To calculate the after-tax weighted average cost of capital (WACC), we need to calculate the cost of each component of capital and weigh them based on their respective proportions in the capital structure.
1. Cost of Debt:
The pre-tax cost of debt is given as 6.1%, and the tax rate is 25%.
After-tax cost of debt = Pretax cost of debt × (1 - Tax rate)
After-tax cost of debt = 6.1% × (1 - 0.25) = 4.575%
2. Cost of Preferred Stock:
The preferred stock pays an annual dividend of $2.48 and is priced at $25.
Cost of preferred stock = Dividend / Price
Cost of preferred stock = $2.48 / $25 = 0.0992 = 9.92%
3. Cost of Common Stock:
The cost of common stock is calculated using the capital asset pricing model (CAPM):
Cost of common stock = Risk-free rate + Beta × Market risk premium
Cost of common stock = 2.2% + 1.11 × 7.5% = 10.035%
4. Weighted Average Cost of Capital (WACC):
WACC = (Weight of Debt × Cost of Debt) + (Weight of Preferred Stock × Cost of Preferred Stock) + (Weight of Common Stock × Cost of Common Stock)
Given the capital structure percentages:
Weight of Debt = 42%
Weight of Preferred Stock = 9%
Weight of Common Stock = 49%
WACC = (0.42 × 4.575%) + (0.09 × 9.92%) + (0.49 × 10.035%)
WACC ≈ 4.286% + 0.8928% + 4.9131%
WACC ≈ 9.0919%
Therefore, the after-tax WACC for AllCity, Inc. is approximately 9.09%.
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18. Explain the difference between product "feature" and product
"options"
Answer:
Features are added to improve the basic product while options are when you have the choice of a possible bundle to come with the product.
Explanation:
An investor holds a ford bond with a face value of $5000, a coupon rate of 8. 5%, and semiannual payments that matures on january 15, 2029. How much will the investor receive on january 15, 2029?.
The investor would get $5212.5 in return. The bond will expire on January 15, 2029.
Define investor.An investor is a person who invests money in the hope of making money in the future or in order to acquire an advantage (interest). The investor frequently purchases various types of property using this assigned funds. Investments can be made in equities, debt, securities, real estate, infrastructure, money, commodities, tokens, and derivatives like put and call options, futures, and forwards, among other things. Investors in the primary and secondary markets are not distinguished in this concept. In other words, both individuals who contribute money to a corporation and those who purchase shares are considered investors. Shareholders are investors who own stock.
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What would be the total cost of software F
over time?
$[?]
$6,000
Software E
Software F
$10,000
Satisfaction 75%.$0
Not Satisfied
Satisfaction,
Not Satisfied
25% $12,500
90%-$0
10% $5,000
Enter
The total cost of software F over time is - $3000.
The total cost of software E over time is $1,900.
Data and calculations:
Software cost F = 10,000
Satisfaction rate with F software = 75%
Cost of satisfaction level = 0
Dissatisfaction level cost = 12,500
Percentage of unsatisfied = 25%
The total cost of F software over time is - $3000 {($10,000 x $75% - $0) + ($10,000 x $25% - $12,500)}.
Software cost X = 6,000
Satisfaction rate with software X=90%
Cost of satisfaction level = 0
Dissatisfaction level cost = 5,000
Percentage of unsatisfied = 10%
The total cost of E software over time is $1,900 {($6,000 x 90% - $0) + ($6,000 x 10% - $5,000)
What is total cost?Total cost refers to the amount of economic cost of production and consists of variable cost, which varies depending on the quantity of a good produced with inputs such as labor and raw materials, plus fixed cost, which is independent of the quantity of a good produced plus inputs that cannot be varied in the short term such as buildings and machinery, together with possibly sunk costs.
Therefore, the correct answer is as given above.
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which items are examples of components likely found in tables? Check all that apply. Header row, banded row, header colums, total row, header row drop-down arrow, total row drop-down arrow.
header row, banded rows, total row, drop-down arrow for header row, and drop-down arrow for total row.
What does the Insert table dialog box do?Use the Table Assistant or this dialog box to create a straightforward table. Select Insert > Standard > Table or drag the standard Table object from the Standard category of the Object Library palette into the Layout Editor to display this dialog box.
How do you locate the formatting rule dialog box?In a report with a range, table, or PivotTable, choose one or more cells. Click Manage Rules after clicking the arrow next to Conditional Formatting in the Styles group of the Home tab. The dialog box for the Conditional Formatting Rules Manager appears.
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In the study of personality, three distinct properties are of central importance. These are that
A) personality reflects individual differences, personality is consistent and enduring, and personality can change B) personality reflects similarities between individuals, personality is consistent and enduring, and personality can change C) personality reflects individual differences, personality is consistent and enduring, and personality does not change D) personality reflects similarities between individuals, personality is consistent and enduring, and personality does not change E) personality reflects individual differences, personality is inconsistent and fleeting, and personality can change
does it matter whether buyers or sellers are legally responsible for paying a tax?
Yes, it does matter whether buyers or sellers are legally responsible for paying a tax.
In economics, a tax is a financial charge imposed by the government on goods, services, income, or transactions. When a tax is imposed on a good or service, the party responsible for paying the tax (i.e., the buyer or the seller) affects the overall price of the good or service and the quantity of the good or service exchanged in the market.
If the seller is legally responsible for paying the tax, the tax is included in the price of the good or service. In this case, the seller must pay the tax to the government and will often pass on the cost of the tax to the buyer in the form of a higher price. As a result, the quantity of the good or service exchanged in the market may decrease, as buyers are likely to demand less of the good or service at the higher price.
On the other hand, if the buyer is legally responsible for paying the tax, the tax is not included in the price of the good or service. In this case, the buyer must pay the tax directly to the government. As a result, the quantity of the good or service exchanged in the market may decrease, as buyers are likely to demand less of the good or service when they must pay an additional tax.
Therefore, the legal responsibility for paying a tax affects the price and quantity of the good or service exchanged in the market. This can have important implications for the efficiency and distributional effects of the tax.
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Question #4
Multiple Choice
Values are principles that typically guide or influence an individual's decision-making process. Two
areas of life most often affected or influenced by values include
emotions and reactions
decisions and responses
physical health and feelings
attitudes and behaviors
The two spheres of life that are most frequently impacted or altered by values are attitudes and behaviors. The correct response is option (4).
Define attitudes and behaviors.An individual's attitude is defined as their mental perspective, or how they feel or think about someone or something. Behavior describes the actions, motions, conduct, or behaviors of an individual or a group toward other individuals. built upon. Experience and observation.
When people put more focus on their own attitudes and feelings, they tend to act more in line with those feelings, therefore there is a link between attitude and behavior. Additionally, when people feel greater responsibility for their individual actions rather than the actions of a collective, their opinions are more consistent with their behavior.
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Complete the following sentence.
Convincing a person using appeal and understanding is ______.
Answer:
Crucial or important?
Explanation:
Tell me if there's anything else to the question but I would say that it is very important to convince a person with understanding or appeal.
Answer:
persuasion
Explanation:
A neighbor’s kid comes into your backyard and jumps on the trampoline without your permission or knowledge. He falls off and lands on his head, resulting in a week’s hospital stay.
The first step should making sure such child receives proper medical attention. When he is well, we can have a conversation with the neighbor to prevent it from happening again..
What should be done in the event?It is very important to prioritize the child's health in this situation and once the medical attention has been sought, we can have a calm and respectful conversation with the child's parent to discuss the incident for future interactions.
One can also review any legal liabilities or insurance policies that could be involved. So, by taking proactive steps to prevent similar incidents in the future can help maintain positive relationships with neighbors while ensuring everyone's safety.
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do I have what it takes to be a model??? ...
Answer:
Yes and no.
Explanation:
Fist off... most models need to be at least 16. There are younger models... but you have to get approval from your parents. Modeling is a hard business. Lots of girls hate themselves a lot because of it. You need to have good self image before you try something like this. But yes... I think if you rly wanted it... you could be a model.
Answer:
Physically, I definitely think so. However, you just need to work on your poses and makeup a little more and you'll definitely be ready!
Explanation:
All of the following are true about health insurance except:
The option that's not true about health insurance is that A. People with health insurance can skip lines in emergency rooms.
What is health insurance?
It should be noted that health insurance is a contract that requires a company to pay healthcare costs in exchange for a premium.
In this case, the option that's not true about health insurance is people with health insurance can skip lines in emergency rooms.
In conclusion, the correct option is A.
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Complete question:
All of the following are true about health insurance except:
a. People with health insurance can skip lines in emergency rooms
b. Health insurance protects you financially from medical emergencies.
c. Health insurance lowers your risk of acquiring medical debt.
d. Health insurance allows some medical procedures to be covered by a low-cost co-pay.
Why is it hard to predict positive Moments of Reality (MORs)? A. Because they are negatively influenced by lifetime customer value. B. Because they differ by customer, and by time of year. C. Because most companies use moments of truth, which are in conflict with Moments of Reality. D.Because it is difficult to tell if a Moment of Reality is negative or positive.
Answer:
B. Because they differ by customer, and by time of year.
Explanation:
Moments of reality are hard to predict as it varies from customer to customer. All customers have different values and they rate a product or service according to their own values. Moments of reality can be positive or negative and they are influenced by customer experience.
JohnBoy Industries has a cash balance of $42,000, accounts payable of $122,000, inventory of $172,000, accounts receivable of $207,000, notes payable of $117,000, and accrued wages and taxes of $35,500. How much net working capital does the firm need to fund?
The net working capital the firm needs to fund is $146,500. It is important for a company to have a sufficient amount of Net Working Capital to run its business smoothly. Inadequate working capital may lead to financial problems and may hinder the growth of the company.
Net Working Capital refers to the difference between the assets and the liabilities of a company. In other words, it is the amount of funds required by a company to operate its business smoothly. It is the amount of money required by a business to meet its financial obligations. It helps in the efficient functioning of a business. It is the difference between current assets and current liabilities.
Given,
Cash balance = $42,000
Accounts payable = $122,000
Inventory = $172,000
Accounts receivable = $207,000
Notes payable = $117,000
Accrued wages and taxes = $35,500
Net Working Capital (NWC) = Current Assets - Current Liabilities
Current Assets = Cash balance + Inventory + Accounts receivable
= $42,000 + $172,000 + $207,000
= $421,000
Current Liabilities = Accounts payable + Notes payable + Accrued wages and taxes
= $122,000 + $117,000 + $35,500
= $274,500
Net Working Capital (NWC) = $421,000 - $274,500
= $146,500
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an offer that can only be accepted by an offere's performance creates a(n) __________________________ contract
Answer: unilateral contract
Explanation:
An unilateral contract is a contact that is formed when an individual offers to do a particular thing in return for either money or something else that was agreed on.
Once such individual does that thing, he or she has to be given what was agreed on in the contract. A typical example is the contact regarding an insurance policy.
Therefore, an offer that can only be accepted by an offere's performance will create a unilateral contact.
What is the highest possible credit score on the FICO scale
Answer:
850
Explanation:
It's considered the unicorn of the financial world: a perfect credit score, the highest number a consumer can achieve within a credit scoring system. For the FICO® Score☉ , one of the most commonly used credit scoring models, that mythical and seemingly impossible figure is 850. (FICO® Scores range from 300 to 850.)
Elizabeth works for a local restaurant. At the end of her shift, she is required
to write in the time that she arrived and the time she is leaving so that she
can be paid appropriately. Today Elizabeth was 15 minutes late for work.
What would be the most ethical thing for Elizabeth to do?
The most ethical thing for Elizabeth to do is write down the actual time she arrived and the actual time she finished.
What is a Ethical values?A Ethical values are personal or business values that guide the way through which it is done while in compliance with laws and regulations.
Hence, in this case, the most ethical thing for Elizabeth to do is write down the actual time she arrived and the actual time she finished.
Therefore, the Option A is correct.
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Morgan and Dana are partners. The partnership capital for Morgan is $50,000 and for Dana is $60,000. Townsend is admitted as a new partner by investing $40,000 cash. Townsend is given a 25% interest in return for her investment. The amount of the bonus to the old partners is
Answer:
$2,500
Explanation:
Given the following:
Old partners :
Morgan's partnership capital = $50,000
Dana's partnership capital = $60,000
New partner :
Townsend's partnership capital = $40,000
Total partnership capital :
Old partner + new partner
$(50,000+60,000+40,000) = $150,000
Townsend's investment return :
25% of total partnership investment
0.25 × $150,000 = $37,500
Bonus to old old partners:
Townsend's investment capital - Townsend's return
$(40,000 - 37,500) = $2,500
Bonus to old partners = $2,500
Which theory of foreign direct investment attempts to combine (1) the theories that focus on favoring direct investment when exporting and licensing are available and (2) theories that say certain locations are favored over others for FDI
The theory of foreign direct investment (FDI) which attempts to combine foreign direct investment for exports and licenses and favors certain locations is the theory of Internalization.
What is the theory of Internalization?The idea of internalization believes in the vertical and horizontal integration of firms.
The theory of internalization states that unless firms have firm-specific advantages and FDI provides benefits of exploiting firm-specific advantages, which outweigh the relative costs of the operations abroad, multinational firms would not invest their capital abroad.
Thus, the theory of foreign direct investment (FDI) which attempts to combine foreign direct investment for exports and licenses and favors certain locations is the theory of Internalization.
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Analyze the role that consumer preferences and market prices play in the decision-making of firms under a free enterprise system. Be sure to address the consequences firms face when ignoring consumer preferences and market prices. Write 3-5 sentences.
The role that consumer preferences and market prices play in the decision-making of firms under a free enterprise system include:
goods and services in demandcost and potential profitability of producing goods in demandHow can we analyze the role that consumer preferences and market prices play?In a free enterprise system, firms make decisions based on consumer preferences and market prices. Consumer preferences determine what goods and services are in demand, and market prices signal to firms the cost and potential profitability of producing those goods and services.
If firms ignore consumer preferences and market prices, they risk producing goods or services that are not in demand and may not be able to sell them at a profit. As a result, firms may lose market share and profits, and in extreme cases, may be forced out of business.
Therefore, the correct answer is as given above
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what subjects in secondary school should i do in order to become a real estate agent?
Subjects ex: Maths, English, science, bio, etc,
Subjects to be done in secondary school to become a real estate agent include:
Business and economics Math Social studies Technology and computer skillsWhich subjects can help in real estate ?Classes in business and economics can provide a foundation in financial and economic principles, which can be useful for understanding real estate market trends and analyzing property values.
Courses in mathematics, such as algebra and geometry, can be helpful for understanding and analyzing property measurements, statistics and data.
Understanding history, geography, and culture of a location can be helpful in understanding the market and giving clients the best advice and can be learnt from secondary school.
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The use of government taxes and spending to alter macroeconomic outcomes is known as?
it's known as fiscal policy
The income tax rate in a state is a flat 10 percent. Based on that rate, who has the higher tax burden?
Annual Income
Alex – $20,000
Beatrice – $190,000
Julio – $80,000
Roberta – $60,000
Alex
Beatrice
Julio
Roberta
Answer:
Alex
Explanation:
A flat tax system applies a uniform tax rate to all levels of income. Individuals with low-incomes pay taxes at the same rate as those with a high income.
The flat-rate system places a higher burden on individuals with a low income. After the tax is deducted, they remain with relatively less disposable income as compared to an individual with high income. Alex will have the highest tax burden. He earns almost ten times less than Beatrice, yet they pay taxes at the same rate.
document creation is a key business function because
Document creation is a key business function because it is essential for managing, archiving, and sharing important information.
Documents play an important role in business today, from managing customer records and sales invoices to tracking employee activities, to creating contracts and agreements. Documents are used for a variety of purposes, such as providing evidence of compliance with government regulations, facilitating communication between different departments, and forming a basis for decision-making.
The ability to create, edit, and store documents is a key part of any business’s operations. Document creation can help streamline processes, increase efficiency, and improve customer service. It can also help organizations save money by reducing the amount of manual labor required to perform tasks. Additionally, document creation can help ensure accuracy and consistency in the data that an organization stores and processes.
Finally, document creation is an important tool for creating accountability within an organization. By having an accurate record of all the activities and operations of an organization, it is easier to track progress, measure performance, and identify potential areas of improvement. This can help ensure that the organization is operating most efficiently and effectively as possible.
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How many times may a tenant offset his monthly rent against repairs he has made? a. Twice a year b. Twice every four years c. Three times d. There is no limit.
A tenant offset his monthly rent against repairs he has made d. There is no limit.
A tenant may offset their monthly rent against repairs they have made without a specific limit. The ability to offset rent against repairs is typically governed by the terms of the lease agreement and applicable laws or regulations. In some cases, tenants may be entitled to deduct the cost of necessary repairs or maintenance from their rent payment if they have followed proper procedures, such as providing written notice to the landlord and giving them a reasonable opportunity to address the issues.
However, it's important to note that the specifics can vary depending on local laws and the terms of the lease agreement. It is recommended for tenants to review their lease agreement and consult with local housing authorities or legal professionals to understand their rights and obligations regarding rent offsets for repairs.
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mention and explain five creditors under which a cheque may be rejected
Answer:
Insufficient funds: The cheque amount is more than the free balance available in the drawer's bank account. 2) Irregular signature: The signature of the drawer on the cheque does not match the specimen signature available with the bank.
Explanation:
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Which of the following is a tangible incentive for good team performance?
A. an early lunch
B. a gift card to a local restaurant
C. a day off
D. verbal praise
Answer:
Option A an early lunch is your answer ☺️☺️
At the beginning of 2019, Robotics Inc. acquired a manufacturing facility for $12.6 million. $9.6 million of the purchase price was allocated to the building. Depreciation for 2019 and 2020 was calculated using the straight-line method, a 25-year useful life, and a $1.6 million residual value. In 2021, the company switched to the double-declining-balance depreciation method.
What is depreciation on the building for 2021?
2. WebHelper Inc. acquired 100% of the outstanding stock of Silicon Chips Corporation (SCC) for $45.3 million, of which $15.6 million was allocated to goodwill. At the end of the current fiscal year, an impairment test revealed the following: fair value of SCC, $40.6 million; book value of SCC’s net assets (including goodwill), $42.9 million.
What amount of impairment loss should WebHelper recognize?
1. The depreciation on the building for 2021 is $0.947 million.
2. WebHelper should recognize an impairment loss of $2.3 million.
1. To calculate the depreciation on the building for 2021 using the double-declining-balance method:
Accumulated depreciation at the beginning of 2021 = Depreciation for 2019 + Depreciation for 2020
Depreciation for 2019 and 2020 = $0.384 million/year ($9.6 million / 25 years)
Accumulated depreciation at the beginning of 2021 = $0.768 million ($0.384 million/year * 2 years)
Asset book value at the beginning of 2021 = $12.6 million - $0.768 million = $11.832 million
Depreciation for 2021 = 2 * (1 / 25) * ($11.832 million - $0.768 million)
Depreciation for 2021 = $0.947 million
Therefore, the depreciation on the building for 2021 is $0.947 million.
2. The impairment loss that WebHelper should recognize is $2.3 million.
Impairment loss = Book value of goodwill - Implied goodwill value
Book value of good will = $15.6 million
Implied goodwill value = Fair value of SCC - Book value of net assets (including goodwill)
Fair value of SCC = $40.6 million
Book value of net assets (including goodwill) = $42.9 million
Implied goodwill value = $40.6 million - $42.9 million = -$2.3 million
Impairment loss = $15.6 million - (-$2.3 million) = $17.9 million
Therefore, the impairment loss that WebHelper should recognize is $17.9 million, not $2.3 million.
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