Problem: How to find a fraction of a number
Write out the problem.
If the problem you are working with is a word problem, first you need to write out all of the numbers involved in the calculation. If you were given the numbers written out already, you can skip this step. OPTIONS:
- A fraction of a number is one part of a fraction you created so that you can construct the fraction from scratch. For example, if you were given the numbers in a fraction of a set of numerators, you would write down that fraction again, and record, as you calculated the different fraction.
- If the problem you are working with is a word problem, chances are you will not need to worry about the terms. Let's say you are making the calculator more manageable by using code words for the problem.
- The problem you must do is place the quarter from the fraction into an empty cell or. If you are working with a whole number, put the quarter from the fraction into the same cell, so the workable sum of all the numbers has equal value and is not taken away.
- For example: what is one-third of seven? When you see " of " written between two numbers in a word problem, think of it as meaning multiply. Thus, one-third of seven actually means one-third multiplied by seven.

Answer: For example: what is one-third of seven? When you see " of " written between two numbers in a word problem, think of it as meaning multiply. Thus, one-third of seven actually means one-third multiplied by seven.

Problem: A man and dog are seen standing in a field with the dog looking to the owner. The man throws a frisbee off into the distance and the dog chases after it. the dog OPTIONS:
- grabs the frisbee and runs back to the man.
- chases the frisbee and the owner holds onto him as he runs.
- runs up and down the field catching the frisbee and throwing it back to the owner.
- jumps on it's back and the owner holds the dog and swings him around.

Answer: grabs the frisbee and runs back to the man.

Problem: How to account for goodwill
Recognize the difference between tangible and intangible assets.
Goodwill is considered an intangible asset. Unlike tangible assets, which are physical assets such as property, machinery, or vehicles, an intangible asset is an asset that cannot be touched. OPTIONS:
- It cannot be bought or sold and it is not valued unless it is too small in value to lose out on a real tax return or to satisfy city taxes. Tangible assets are useful in small ways, like producing goods to build on or lighting or shipping.
- This means that it isn't an intangible asset. Intangible assets include, but are not limited to, supplies, et cetera.
- These would traditionally include things like brand names, copyrights, patents, or trademarks. From an accounting perspective, both tangible and intangible assets are recorded on the balance sheet, since both types of assets have value.
- This means that an intangible asset cannot be affected by any form of negative impact; something can only be added. Goodwill can be beneficial to someone wishing to exchange money for it, as it cannot simply be lent.
Answer: These would traditionally include things like brand names, copyrights, patents, or trademarks. From an accounting perspective, both tangible and intangible assets are recorded on the balance sheet, since both types of assets have value.