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Question - Milani, Inc., acquired 10 percent of Seida Corporation on January 2017, for $200,00 and appropriately accounted for the investment using the fair-value method. On January, 1 2018, Milani purchased and additional 30 percent of Seida for $606,000 which resulted in significant influence over Seida. On that date, the fair value of Seida's common stock was $2,020,000 in total. Seida's January 1, 2021, book value equaled $1,870,000, although land was undervalued by $139,000. Any additional excess fair value over Seida's book value was attributable to a trademark with an eight year remaining life. During 20018, Seida reported income of $331,000 and declared and paid dividends of $102,000. Prepare journal entries for Miliani retaliated to its investment in Sida?
Using least-squares regression, estimate the fixed cost and variable cost elements of monthly car wash costs
Calculate the effect on the net present value of the following two changes in assumptions. (Treat each item independently of the other.)
the geurtz company uses standard costing. the company makes and sells a single product called a roff. the following
What is the dollar and percent increase or decrease in revenue/sales? What factors led to the changes? Use the MD&A to discuss this
the book of mormon is one of the biggest musical hits on broadway. it has received many awards including tony and
Question - Discuss two important decisions that can be facilitated by CVP analysis for a 500-bed hospital with a level-1 trauma center
To segregate and identify the core segment and liquidity segment for investment firm is crucial. Discuss? How Capital Market Expectation can be effectively fram
seattle western university has provided the following data to be used in its service department cost allocationsservice
What is the discounted payback period for these cash flows if the initial cost is $23,518? (Do not round your intermediate calculations.)
Prepare an income statement for the Rya's Planning Services for the month ended January 31, 2019. Prepare balance sheet for Rya's Planning Services
The information is available for Lock-Tite Company, which produces special-order security products. Prepare journal entries for the transactions for May
Ignoring employer payroll taxes, under each procedure calculate (a) the total labor cost for the company and (b) the amount of cash the employee will have after satisfying all responsibilities to the government. Do your answers for procedures 1 and 2..
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