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Tall Corporation purchased 75 percent of Light Corporation's voting common stock on January 1, 20X2, at an amount equal to the book value of the identifiable net assets. The noncontrolling interest was assigned income of $8,000 in Tall's consolidated income statement for 20X2 and a balance of $65,500 in Tall's consolidated balance sheet on December 31, 20X2. Light reported retained earnings of $70,000 and additional paid-in capital of $40,000 on January 1, 20X2. Light did not pay any dividends or issue additional stock in 20X2.
Compute the amount of net income reported by Light for 20X2. In addition, prepare the stockholders' equity section of Light's balance sheet as of December 31, 20X2.
In an earthquake waves of several types move through the Earth and along its surface. One type is transverse waves that move along thesurface of the ground (these are the most destructive). You canthink of them as just like the waves you are used ..
Sodium ions (Na+) move at 0.860 m/s through a bloodstream in the arm of a person standing near a large magnet. what would be the magnetic force on the arm
A high-voltage transmission line with the resistance of 0.30 /km carries a current of 950 A. The line is at a potential of 710 kV at the power station and carries the current to a city located 161 km from the station.
Orb spiders make silk with a typical diameter of 0.15 .A typical large orb spider has a mass of 0.50. by how much will the silk stretch
An air conditioner connected to a 139 V rms ac line is equivalent to a 11 capital omega resistance and a 2 capital omega inductive reactance in series. What is the impedence of the air conditioner
Ilustrate what is the magnitude of the torque about his shoulder if he holds his arm in each of the following ways? Straight out to his side, parallel to the floor.
If the flywheel on my truck has a mass of 22.8Kg a radius of .4572 meters and is rotating at 250 revolutions per minute
A 1.50*10^3-kg car starts from rest and accelerates uniformly to 19.1 m/s in 12.0 s. Find the instantaneous power output of the engine at t = 12.0 s, just before the car stops accelerating
In attempting to pass the puck to a teammate, a hockey player gives it an initial speed of 2.47 m/s. However, this speed is inadequate to compensate for the kinetic friction between the puck and the ice.
The current through a 1.5 H inductor changes from zero to 1mA in 5 us. How much is the absolute value of self-induced voltage
Under the influence of its drive force, a snowmobile is moving at a constant velocity along a horizontal patch of snow. compute the distance in which the snowmobile coasts to a halt
A spherical water drop 2.6 ?m in diameter is suspended in calm air due to a downward-directed atmospheric electric field of magnitude E = 3800 N/C. How many excess electrons does it have
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