Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
1. On August 15, 2013, DCH acquired Sparky Inc. paying $7,400,000 cash. The book values and fair values of Sparkys' assets and liabilities are listed below:
Accounts receivable
Book Value: $1,080,000
Fair Value: $ 975,000
Inventories
Book Value: 1,620,000
Fair Value: 2,400,000
Property, plant, and equipment
Book Value: 5,400,000
Fair Value: 6,975,000
Accounts payable
Book Value: 1,800,000
Fair Value: 1,800,000
Bonds payable
Book Value: 2,700,000
Fair Value: 2,475,000
Required:
Prepare the journal entry to record the acquisition by DCH.
Mio was transfer from New York to Germany. He lived and worked in Germany for 340 days in 2015. Mio's salary for 2015 is $190,000. In your computation, round any division to four decimal places before converting to a percentage.
Suppose that Antel uses a weighted average cost of capital of10 % as a benchmark for its new chip projects. Calculate the NPV of the new project line
On December 31, 2012, Ed Abbey Co. performed environmental consulting services for Hayduke Co. Hayduke was short of cash, and Abbey Co. agreed to accept a $250,300 zero-interest-bearing note due December 31, 2014, as payment in full. Prepare the jour..
The adequacy of internal controls is said to be a function of the organization’s “control environment”. Describe what is meant by the “control environment”. What is the difference between a preventive control and detective control? How would a preven..
why are noncash transactions such as the exchange of common stock a building included on a statement of cash flows? how
A concerned citizen provides resources and establishes a trust with the local government. What factors should be considered in determining which fund to report the trust activities?
Your current year figures are as follows: Revenues, $150,000; Expenses, $41,000; Depreciation Expense, oops-you still have to figure that out. An investment is expected to generate $2,000,000 each year for five years. If the firm's cost of funds is 5..
The total cost was $20,000, and Anne deducted $13,000 as medical expenses. Find what is Anne's realized gain?
Maxwell company had the following data for the current fiscal period. units in process at the beginning of the month 12000 units in process at the end of the month 8000 units started during the month 40000. Materials are added at the beginning of the..
How an owner of a financial corporation can do local business and save on taxes?
Simple Manufacturing is conducting an analysis during June 2015 to determine how to increase the sales next month during July 2015. Simple Manufacturing only produces one product that sells for $1,200. Determine the operating income (net income)?
Asignment: Full Disclosure in Financial Reporting- Explain the importance of the management discussion and analysis section of an annual report.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd