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Can someone please show me how to figure this problem out?P Co. purchased 80% of the outstanding common stk of S Co. on May 1, 2011 for a cash payment of $318,000. S Co's 12/31/10 balance sheet reported common stock of $200,000 and retained earnings of $180,000. During the calendar year 2011 S Co earned $210,000 evenly throughout the year and declared a dividend of $75,000 on Nov 1. What is the amount needed to establish reciprocity under the cost method in the preparation of a consolidated work paper on Dec 31, 2011?
pauws pots is considering the production of a new line of pottery. based on preliminary market research management has
lightfoot inc. a software development firm has stock outstanding as follows 40000 shares of cumulative preferred 1
After analyzing the financial statements and thoroughly researching a company, you have realized that the firm has had zero interest-bearing debt (no notes, bonds, or loans) over the past eight years.
Compute the following variances and indicate whether the variance is favorable or unfavorable. 1. Direct material price variance, Direct materials quantity variance, Direct labor price variance, Direct labor quantity variance
assume that you open a 100 share short position in jiffy inc. common stock at the bid-ask prices of 32.00 - 32.50. when
management anticipates fixed costs of 72500 and variable costs equal to 40 of sales. what will pretax income equal if
over the years mclaughlin corporations stockholders have provided 35000000 of capital when they purchased new issues
What is net income (ignoring income taxes) after making any necessary trading security adjustments?
Long Term Liabilities and Noncollectable Accounts
a company projects annual cash inflows of 90000 each year for the next five years if it invests 45000 in new equipment.
Harry purchased equipment for his business and gave the seller cash and a note due in two years.
company uses predetermined overhead oh rate. beg of yr est mfg oh 248800. end of yr actual direct labor hours for the
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