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Question - Ugly Corp. issued 50,000 shares of P100 par ordinary share for all outstanding shares of Dolls Company in a business combination consummated in July 1, 2019. Ugly's ordinary shares was selling at P102 per share at the time of the consummation of the combination. Dolls' net asset on the date of acquisition has a carrying amount of P3,800,000. Out of pocket expenses of the combination were as follows:
Legal fees P50,000
Finder's fees 25,000
CPA audit fees 50,000
Printing of stock certificates 65,000
Required - Determine the amount charged to expense?
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
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Create a cost-benefit analysis to evaluate the project
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Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
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