Homework Answers
| Share of Net income for 2020 | 14700 | =42000*35% |
| Less: Excess Patent Amortization | 700 | =(22000-10000)/6*35% |
| Equity in income of Harley for 2020 | 14000 |
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RUL ne Exam 1 Sunday September 20, 2020 6:00 pm - 6:00 PHI 220201 ACCT-4008-01 My...
On January 1, 2017, Dawson, Incorporated, paid $100,000 for a 30% interest in Sacco Corporation. This...
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On January I, 2017, Dawson, Incorporated, paid $100,000 for a 30% interest in Sacco Corporation. This...
On January I, 2017, Dawson, Incorporated, paid $100,000 for a 30% interest in Sacco Corporation. This investee had assets with a book value of $550,000 and liabilities of $300,000. A patent held by Sacco having a book value of $10,000 was actually worth $40,000 with a six-year remaining life. Any goodwill associated with this acquisition is considered to have an indefinite life. During 2017, Sacco reported net income of $50,000 and paid dividends of $20,000 while in 2018 it reported...
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On January 1, 2017, Dawson, Incorporated, paid $100,000 for a 30% interest in Sacco Corporation. This investee had assets with a book value of $550,000 and liabilities of $300,000. A patent held by Sacco having a book value of $10,000 was actually worth $40,000 with a six-year remaining life. Any goodwill associated with this acquisition is considered to have an indefinite life. During 2017, Sacco reported net income of $50,000 and paid dividends of $20,000 while in 2018 it reported...
Exam 1 Sunday ses 220201 ACCT-400B-01 Acker Inc. bought 40% of Howell Co. on January 1, 2020 for $576,000. The equity method of accounting was used. The book value and fair value of the net assets of Howell on that date were $1,440,000. Acker began supplying inventory to Howell as follows: Cost to Transfer Amount Held by Howell Year Acker Price at Year-End 2020 $ 55,000 $75,000 $15,000 2021$ 70,000 $110,000 $55,000 Howell reported net income of $100,000 in 2020...
On January I, 2017, Dawson, Incorporated, paid $100,000 for a 30% interest in Sacco Corporation. This investee had assets with a book value of $550,000 and liabilities of $300,000. A patent held by Sacco having a book value of $10,000 was actually worth $40,000 with a six-year remaining life. Any goodwill associated with this acquisition is considered to have an indefinite life. During 2017, Sacco reported net income of $50,000 and paid dividends of $20,000 while in 2018 it reported...
On January 1, 2020. Panther, Inc., issued securities with a total fair value of $564.000 for 100 percent of Stark Corporation's outstanding ownership st ares. Stark has long supplied inventory to Panther. The companies expect to achieve synergies with production scheduling and product development with this combination. Although Stark's book value at the acquisition date was $312,000, the fair value of its trademarks was assessed to be $53.000 more than their carrying amounts. Additionally, Stark's patented technology was undervalued in...
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Amplitude=3;
fs=8000;
n=0:399;
t=0:1/fs: n*1/fs-1/fs;
signal=3+3*cos(2*pi*1100*t)+3*cos(2*pi*2200*t)+3*cos(2*pi*3300*t);
fftSignal= fft(signal);
fftSignal=f ftshift (fftSignal);
f=fs/2*linspace(-1,1,fs);
plot(f,abs(fftsignal);
xlabel('Frequency(Hz)’)
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