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On January 2, Dickson Corporation acquired 30% of the outstanding common stock of Crane Company for $550,000. For the year ended December 31, Crane reported net income of $90,000 and paid cash dividends of $30,000 on its common stock. At December 31, the carrying value of Dickson's investment in Crane under the equity method is?
what are some issues and trends in global socio-cultural issues? why must a company be sensitive to the socio-cultural
Calculate the average returns on small-company stocks and u.s. treasury bills. Calculate the variances and standard deviations of the returns on small-company stocks and u.s. treasury bills.
in the month of april a department had 500 units in the beginning work in process inventory that were 60 complete.
On January 1, 2010, Ball Co. exchanged equipment for a $160,000 zero-interest-bearing note due on January 1, 2013. The prevailing rate of interest for a note of this type at January 1, 2010 was 10%. The present value of $1 at 10% for three periods..
On January 5, 2010, Jane purchased a bond paying interest at 6% for $30,000. On September 30, 2010, she gave the bond to Tim. The bond pays $1,800 interest on December 31. Jane and Tim are cash basis taxpayers. When Tim collects the interest in De..
the condensed product-line income statement for suffolk china ware company for the month of december is as
Scudder company has two operating departments: mixing and forming. Mixing has 240 employees and occupies 22,000 ft². Forming has 80 employees and occupies 18,000 ft².
the bailey machine tool company thinks it can increase sales by 10 million by loosening its credit standards somewhat.
1. describe the difference between the flow of financial resources measurement focus and the economic resources
youve been asked to assess certain risks of an organization and quantify their potential impact on the organizations
Seton Company manufactures a single product that sells for $360 per unit and whose total variable costs are $270 per unit. The company targets an annual after-tax income of $1,620,000.
What are controlling accounts and subsidiary ledgers? What is the relationship between them?
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