User Account

All Pages

Carla vista should record the patent at

Assignment Help Financial Management
Reference no: EM132318899

Question

On May 5, 2018, Carla Vista Corp. exchanged 3200 shares of its $25 par value treasury common stock for a patent owned by Masset Co. The treasury shares were acquired in 2017 for $85000.

At May 5, 2018, Carla Vista's common stock was quoted at $31 per share, and the patent had a carrying value of $110000 on Masset's books. Carla Vista should record the patent at?

Reference no: EM132318899

Questions Cloud

What is the impact of this health issue on the community : What is the impact of this health issue on the community? What are the risks of enacting or not enacting policy. How will this policy address the health issue?
Draft several pieces of material for inclusion : To prevent these issues from happening in the future, Solar Co. is in the process of updating its employee handbook, and the CEO has asked you to draft several.
How much will krystal have accumulated for the down payment : She invests $8,000 at 4% annual interest, leaving the money invested without withdrawing any of the interest for 10 years.
Prepare the factory overhead budget for the third quarter : Management wants to end the third quarter with 4,100 skis and 4,600 pounds of carbon fiber in inventory. Carbon fiber can be purchased for $21 per pound.
Carla vista should record the patent at : At May 5, 2018, Carla Vista's common stock was quoted at $31 per share, and the patent had a carrying value of $110000 on Masset's books.
Is starbucks unique in being able to provide a high level : Do you think that Starbucks has grown rapidly because of its ethical and socially responsible activities or because it provides products and an environment.
How realisation of profit affects the calculation of profit : How the realisation of profit affects the calculation of profit and retained earnings for the NCI for the year ended 30 June 2018.
Discovery and dream phases in a care setting : Scenario: Hiring a new CEO for a hospital with internal and external candidates.
Major threat or opportunity for a company : How Facebook, Twitter, and Instagram can represent a major threat or opportunity for a company?

Reviews

Write a Review

Financial Management Questions & Answers

  Calculate the expected return and standard deviation

Calculate the expected return and standard deviation of returns for portfolios that are 25%,75% and 125% invested in the market portfolio.

  Which machine should be purchased and why

You require a new machine for 20 years. Machine A lasts 5 years and Machine B lasts 4 years. Machine A costs $13,000 and Machine B costs $11,000. The salvage value of Machine A is $3,000 and the salvage value of Machine B is $4,000. Annual O&M costs ..

  Use of cash

Which one of the following is a use of cash?

  Dividends are expected to grow two percent every period

Suppose a firm pays a dividend on it's stock at the end of every period, the stock beta is 1.2, the firm just paid a dividend in the amount of $3.9, and dividends are expected to grow two percent every period forever. If the expected return on the ma..

  What is the present worth of all your future earnings

After graduating college your first job pays $60,000 for the first five years. What is the present worth of all your future earnings?

  When seeking approval for a new fiscal year budget

Summarize types of details would you present to board of directors finance committee when seeking approval for new fiscal year budget?

  Amount of interest expense reported by benson corporation

Benson Corporation announced that its net income for the year ended June 30, 2015 is $1,600,000. The company also reported EBITDA of $5,000,000, and depreciation and amortization expense of $1,250,000. If the company's income tax rate is 50 percent, ..

  Determine what will be its dividend payout ratio

If the company follows a residual dividend policy, what will be its dividend payout ratio?

  Statements regarding loanable funds theory is correct

Which of the following statements regarding loanable funds theory is CORRECT?

  What should the coupon rate be on the new bonds

Bonner Metals wants to issue new 18-year bonds for some much-needed expansion projects. The company currently has 11 percent bonds on the market that sell for $1,300, make semiannual payments, and mature in 18 years. What should the coupon rate be on..

  Currency market intervention

In expanding the research and knowledge of the ongoing relationship between the United States and China summarize currency market intervention and decide whether this is a useful tool. Explain your rationale. Cite an example of how intervention has b..

  Estimate made from the three estimation methodologies

If a firm plans to issue new stock, flotation costs (investment bankers' fees) should not be ignored. There are two approaches to use to account for flotation costs. The first approach is to add the sum of flotation costs for the debt, preferred, and..

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd