Homework Answers
| Particulars | Debit | Credit |
| Common Stock | $ 600,000.00 | |
| Retained Earnings | $ 100,000.00 | |
| Difference between book value and implied value | $ 425,000.00 | |
| Investment in S | $ 900,000.00 | |
| NCI in Equity | $ 225,000.00 | |
| Equipment | $ 180,000.00 | |
| Land | $ 20,000.00 | |
| Inventory | $ 20,000.00 | |
| Difference between book value and implied value | $ 425,000.00 | |
| NCI in Equity | $ 225,000.00 | |
| Loss on acquistion | $ 430,000.00 | |
$ 425,000 = (900000/0.8)-700000***
Add Answer to:
Remaining Time: 1 hour, 26 minutes, 11 seconds. Question Completion Status: QUESTION 14 Please use the...
please Help me!! Remaining Time: 3 hours, 11 minutes, 53 seconds. Question Completion Status: QUESTION 1...
please Help me!!
Remaining Time: 3 hours, 11 minutes, 53 seconds. Question Completion Status: QUESTION 1 The following information is for Bright Eyes Auto Supplies: Bright Eyes Auto Supplies Balance Sheet December 31, 2015 $ 40,000 80,000 100,000 140,000 180,000 250.000 Accounts Payable Salaries and Wages Payable Mortgage Payable Total Liabilities Cash Prepaid Insurance Accounts Receivable Inventory Land Held for Investment Land Buildings $200,000 Less Accumulated Depreciation (60.000 Trademark Total Assets $ 130,000 50,000 150.000 330,000 Common Sock Retained Earnings...
Your answers are saved automatically. Remaining Time: 1 hour, 53 minutes, 06 seconds. Question Completion Status:...
Your answers are saved automatically. Remaining Time: 1 hour, 53 minutes, 06 seconds. Question Completion Status: QUESTION 1 Z is a calendar-year accrual basis taxpayer, a CPA who does tax returns for clients. He received $18,000 this year in prepaid service income; 40 percent of these services will be provided this year, and 60 percent will be provided next year. What is the minimum amount that Z must include in gross income for the current year? TTT Ari 3120 Question...
Remaining Time: 1 hour, 50 minutes, 03 seconds. Question Completion Status: QUESTION 19 This year, T,...
Remaining Time: 1 hour, 50 minutes, 03 seconds. Question Completion Status: QUESTION 19 This year, T, an individual taxpayer who is in the 37% tax rate bracket, sold 1,000 shares of ABC stock for $15,000. He had paid $8,000 for the stock ten months ago. In addition, he sold 500 shares of DEF stock for $10,000. He had paid $13,000 for the stock 18 months ago Calculate the net gain to be included in income AND the tax liability on...
AILY-ATTEN Mathway | Algebra Remaining Time: 1 hour, 54 minutes, 32 seconds. Question Completion Status: he...
AILY-ATTEN Mathway | Algebra Remaining Time: 1 hour, 54 minutes, 32 seconds. Question Completion Status: he What is the cost of Goods Sold (COGS) and ending inventory using the FIFO Cost flow assumption? You do not need to show your calculations. Unit Cost Total Cost Date Details Units 2/1/2018Inventory 3/5/2018Purchase 4/8/2018Purchase 6/30/2018Inventory 60 $ 150 15 20 10 11 14 $ 600 1,650 210 $ 2,460 TT T Arial 3 (12pt) TE Click Save and Submit to save and submit....
Remaining Time: 1 hour, 09 minutes, 24 seconds Question Completion Status: Path: p span QUESTION 9...
Remaining Time: 1 hour, 09 minutes, 24 seconds Question Completion Status: Path: p span QUESTION 9 Given the following declaration and assignment: declfre x How much is x.q1.2.1.2? What are the expressions related to x that will display e, g3, and 3? T T T Arial # 3(12pt) #1 T. :-,- Path: p
please solve the two Remaining Time: 1 hour, 14 minutes, 19 seconds. Question Completion Status: QUESTIONS...
please solve the two
Remaining Time: 1 hour, 14 minutes, 19 seconds. Question Completion Status: QUESTIONS Gas enters an adiabatic turbine with enthalpy 3456 kJ/kg and velocity 100 m/s. It leaves the turbine with enthalpy 2675 kike and velocity 200 m/s. Had the flow been isentropic, the enthalpy would be 2315 kJ/kg at exit. Assume (V25.12). Determine the following The work done (in kJ/kg) QUESTION 6 Carbon dioxide at 372 K is flowing in a duct at a velocity of...
naining Time:1 hour, 45 minutes, 22 seconds estion Completion Status: 10 12 13 14 15 01131]...
naining Time:1 hour, 45 minutes, 22 seconds estion Completion Status: 10 12 13 14 15 01131] [32 | 33 Moving to another question will save this response. estion 26 Stigmas related to specific populations and their health status or diagnosis can impact access to needed health services. Name a health stigma or spe stigmatized and discuss what a health care organization can do to avoid stigmatizing a population. Arial : 3(12pt) :-.E. T-2-e TTT 쫄 Paragraph :
Remaining Time: 1 hour, 19 minutes, 38 seconds. Question Completion Status: QUESTION 1 A buyer values...
Remaining Time: 1 hour, 19 minutes, 38 seconds. Question Completion Status: QUESTION 1 A buyer values a house at 5525,000 and a seller values the same house at $485,000. If sales tax is 8% and is levied on the buyer, then, what would be the highest price that the buyer would be willing to pay? a. 5525,000 Ob.5486,111 O c. 5523.00 d. 145,000 QUESTION 2 A consume values a car at $30,000 and a producer values the same car at...
Blackboard →XCO Remaining Time: 1 hour, 33 minutes, 38 seconds. Question Completion Status: 1 Question 2...
Blackboard →XCO Remaining Time: 1 hour, 33 minutes, 38 seconds. Question Completion Status: 1 Question 2 5 points Olympus Inc. is a toys maker based in Boston. The business is financed by 1.000.000 common shares which are worth at $31.50 per share. The company has issued 54.5 milion in preferred stocks and borrowed 59 million from the bank. The corporation tax is 40%. A. What is the market value of common equity used to fund the business? (1 marks) B....
On Jan 1, Salem Company acquired a controlling interest in Abdulla Company by purchasing 15,000 shares...
On Jan 1, Salem Company acquired a controlling interest in Abdulla Company by purchasing 15,000 shares of Abdula Company's stock from a local stock broker. This was the first time that Salem Company had invested in Abdulla Co, stock. On that das San Company's stock had a par value of $1 per share and a market value of $30 per share. Abdulla company stock was selling for 23 per than Information about Abdulla Company assets and liabilities is listed below....
please Help me!!
Remaining Time: 3 hours, 11 minutes, 53 seconds. Question Completion Status: QUESTION 1 The following information is for Bright Eyes Auto Supplies: Bright Eyes Auto Supplies Balance Sheet December 31, 2015 $ 40,000 80,000 100,000 140,000 180,000 250.000 Accounts Payable Salaries and Wages Payable Mortgage Payable Total Liabilities Cash Prepaid Insurance Accounts Receivable Inventory Land Held for Investment Land Buildings $200,000 Less Accumulated Depreciation (60.000 Trademark Total Assets $ 130,000 50,000 150.000 330,000 Common Sock Retained Earnings...
Your answers are saved automatically. Remaining Time: 1 hour, 53 minutes, 06 seconds. Question Completion Status: QUESTION 1 Z is a calendar-year accrual basis taxpayer, a CPA who does tax returns for clients. He received $18,000 this year in prepaid service income; 40 percent of these services will be provided this year, and 60 percent will be provided next year. What is the minimum amount that Z must include in gross income for the current year? TTT Ari 3120 Question...
Remaining Time: 1 hour, 50 minutes, 03 seconds. Question Completion Status: QUESTION 19 This year, T, an individual taxpayer who is in the 37% tax rate bracket, sold 1,000 shares of ABC stock for $15,000. He had paid $8,000 for the stock ten months ago. In addition, he sold 500 shares of DEF stock for $10,000. He had paid $13,000 for the stock 18 months ago Calculate the net gain to be included in income AND the tax liability on...
AILY-ATTEN Mathway | Algebra Remaining Time: 1 hour, 54 minutes, 32 seconds. Question Completion Status: he What is the cost of Goods Sold (COGS) and ending inventory using the FIFO Cost flow assumption? You do not need to show your calculations. Unit Cost Total Cost Date Details Units 2/1/2018Inventory 3/5/2018Purchase 4/8/2018Purchase 6/30/2018Inventory 60 $ 150 15 20 10 11 14 $ 600 1,650 210 $ 2,460 TT T Arial 3 (12pt) TE Click Save and Submit to save and submit....
Remaining Time: 1 hour, 09 minutes, 24 seconds Question Completion Status: Path: p span QUESTION 9 Given the following declaration and assignment: declfre x How much is x.q1.2.1.2? What are the expressions related to x that will display e, g3, and 3? T T T Arial # 3(12pt) #1 T. :-,- Path: p
please solve the two
Remaining Time: 1 hour, 14 minutes, 19 seconds. Question Completion Status: QUESTIONS Gas enters an adiabatic turbine with enthalpy 3456 kJ/kg and velocity 100 m/s. It leaves the turbine with enthalpy 2675 kike and velocity 200 m/s. Had the flow been isentropic, the enthalpy would be 2315 kJ/kg at exit. Assume (V25.12). Determine the following The work done (in kJ/kg) QUESTION 6 Carbon dioxide at 372 K is flowing in a duct at a velocity of...
naining Time:1 hour, 45 minutes, 22 seconds estion Completion Status: 10 12 13 14 15 01131] [32 | 33 Moving to another question will save this response. estion 26 Stigmas related to specific populations and their health status or diagnosis can impact access to needed health services. Name a health stigma or spe stigmatized and discuss what a health care organization can do to avoid stigmatizing a population. Arial : 3(12pt) :-.E. T-2-e TTT 쫄 Paragraph :
Remaining Time: 1 hour, 19 minutes, 38 seconds. Question Completion Status: QUESTION 1 A buyer values a house at 5525,000 and a seller values the same house at $485,000. If sales tax is 8% and is levied on the buyer, then, what would be the highest price that the buyer would be willing to pay? a. 5525,000 Ob.5486,111 O c. 5523.00 d. 145,000 QUESTION 2 A consume values a car at $30,000 and a producer values the same car at...
Blackboard →XCO Remaining Time: 1 hour, 33 minutes, 38 seconds. Question Completion Status: 1 Question 2 5 points Olympus Inc. is a toys maker based in Boston. The business is financed by 1.000.000 common shares which are worth at $31.50 per share. The company has issued 54.5 milion in preferred stocks and borrowed 59 million from the bank. The corporation tax is 40%. A. What is the market value of common equity used to fund the business? (1 marks) B....
On Jan 1, Salem Company acquired a controlling interest in Abdulla Company by purchasing 15,000 shares of Abdula Company's stock from a local stock broker. This was the first time that Salem Company had invested in Abdulla Co, stock. On that das San Company's stock had a par value of $1 per share and a market value of $30 per share. Abdulla company stock was selling for 23 per than Information about Abdulla Company assets and liabilities is listed below....
Most questions answered within 3 hours.
-
Katelynn, a physician, earns $200,000 from her medical practice
in the current year. She receives $45,000...
asked 43 seconds ago -
Each row of the table below describes an aqueous solution at
25°C
.
The second column...
asked 5 minutes ago -
A horizontal wire is at y = 0. Current travels in the +x
direction. The magnetic...
asked 5 minutes ago -
Let X be a continuous random variable whose PDF is Let X be a
continuous random...
asked 26 minutes ago -
Martinez Company’s relevant range of production is 7,500 units
to 12,500 units. When it produces and...
asked 24 minutes ago -
A football with a mass of 1.2 kg is kicked from ground level to
a height...
asked 30 minutes ago -
Remember: Changes in supply determinants shift supply, and
changes in demand determinants shift demand. We say...
asked 28 minutes ago -
Why is the answer b), for this question? I came up with C) for
my incorrect...
asked 35 minutes ago -
Suppose that you know that in the population of full-time
employees in the United States, the...
asked 56 minutes ago -
This experiment was designed originally to sample various meat and carcass quality
aspects of Ontario pigs...
asked 57 minutes ago -
Dopamine Hydrochloride: draw the structure And Show the
functional groups in different colors and label the...
asked 49 minutes ago -
A rope supports a 10 kg dumbbell hanging from it. What is the
tension in the...
asked 49 minutes ago