Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Balance in Parchment's investment in Silky account.
On January 1, 2009, Parchment Co. owned 85% of the common stock of Silky Co. On that date, Silky's stockholders' equity accounts had the following balances:
Common stock ($5 Par value)
$250,000
Additional paid in capital
105,000
Retained Earnings
315,000
Total Stockholders' Equity
$670,000
The balance in Parchment's Investment in Silky Co. account was $642,500. On January 1, 2009, Silky Co. sold 10,000 shares of previously unissued common stock for $15 per share. Parchment acquired 1,000 of these shares.
Prepare an entry Parchment needs to make and compute the balance in Parchment's investment in Silky account. (Do not round calculations of new interest).
Describe the motivation for excluding “nonproductive assets from invested capital when computing return. What circumstances justify excluding intangible assets from invested capital?
Calculate the dollar amount of variable and fixed cost that should have been allocated to each of operating departments at the starting of last year for planning purposes.
Evaluate the total deferred tax asset and deferred tax liability amounts at December 31, 2009 and evaluatethe increase (decrease) in the deferred tax asset and deferred tax liability accounts at December 31, 2009.
The payment of interest and the related amortization on July 1, 2012, the accrual of interest and the related amortization on December 31, 2012.
Briefly discuss the operating performance and financial position of Sepracor. Industry averages for these ratios in 2007 were: ROA 3.5%; return on equity 16%; and debt to assets 75%. Based on this analysis would you make an investment in the compa..
If a single-rate cost-allocation method is used, what amount of operating costs will be budgeted for the Lamp Division each month? For the Flashlight Division each month?
question1. trigen corp. management will invest cash flows of 213949 1405364 1108566 818400 1239644 and 1617848 in
What could be the cost of the ending inventory
Does Hayden identify any gain or loss as a result of this distribution and evaluate Hayden's basis in the land, in inventory, and in partnership interest immediately following the distribution.
Should the company continue to manufacture the part, or should it buy the part from the outside supplier- Target cost equals selling price required return of computer company required return to Timberland - Prepare a three-column comparative income s..
A U.S. manufacturer wants to conduct business through a foreign subsidiary organized in a low tax jurisdiction. Expalin how might it do so without being currently taxed on the subsidiary's foreign earnings?
Questions on accounts receivables and capital expenditure and When the effective interest method is used to amortize bond premium or discount and question related to trading securities
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd