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On January 3, 2008, Austin Corp. purchased 25% of the voting common stock of Gainesville Co., paying $2,500,000. Austin decided to use the equity method to account for this investment. At the time of the investment, Gainesville's total stockholders' equity was $8,000,000. Austin gathered the following information about Gainesville's assets and liabilities.Book Value Fair Value.Calculate the goodwill?
what is the importance of statistics in business decision making? describe a business situation where statistics was
The accountant for the Orion Sales Company is preparing the income statement for 2007 and the balance sheet at December 31, 2007. Orion uses the periodic inventory system. The January 1, 2007 merchandise inventory balance will appear:
determine which of the following statements contains the most useful information to help in your decision. explain what
on december 31 2012 berclair inc. had 200 million shares of common stock and 3 million shares of 9 100 par value
toyota motor corporation uses target costing. assume that toyota marketing personnel estimate that the competitive
company operates an off-airport parking facility which allows travelers to park their vehicles and transports them to
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the following information is available for remmers corporation for 2010. a. depreciation reported on the tax return
What is activity-based costing? What are some of the key elements of activity-based costing? How does this method differ from a more traditional costing method? Do you prefer ABC over traditional costing methods?
on september 1 2010 the account balances of rand equipment repair were as follows. no. debits no. credits 101 cash 4825
advanced equipment leased equipment to richards chemical inc. on 93011. advanced purchased the machine from makers inc.
from a christian worldview why is it so important to submit to authority in business? should we blindly submit to
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