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Question - On January 1, 2021 Pail corp acquired 80 percent of Sand Company's stock for 640,000 cash. The fair value of the non-controlling interest at that date was determined to be 160,000.
For the year ended December 31 2021 Pail reported dividends of 46,000 on its general ledger. Sand reported dividends of 37000 on its general ledger. What amount of dividends would be reported on 12/31/21 consolidated statement of retained earnings?
The asset has accumulated depreciation of $36,000, and the Bistro still owes $10,000 on the loan for the asset. What is the asset's book value as of March
A salesperson has a 20% chance of making a sale, To encourage extraordinary effort, the bonus that the salesperson should be paid for making a sale is?
1.In 2013, Starsearch Corporation began work on three research and development projects.
The depreciation applicable to this equipment was 42,000. What the cost of the factory equipment purchased on December 30, 2010
The Canadian retailer has a profit margin of 150%. Calculate the selling price of the Thai produced cooking pots that the Canadian retailer will charge
In Owl's entry when its CEO exercises 1,000 options, what amount will Owl credit to APIC-Common Stock
On January 1, 2020, The gross profit rate on these sales was 35%. What is the estimated dollar value of the inventory at December 31
Within the government-wide financial statements, the column for Business-type Activities will generally include
Does Madeline have any recourse against the bank? Madeline wrote out a check to Gardner to pay for some remodeling work including new windows
Phil can afford $160 a month for 5 years for a car loan. If the interest rate is 5.7 percent, how much can he afford to borrow to purchase a car
pacific products inc. completed and transferred 55000 particle board units of production from the pressing department.
A company reports net income of $15,000 that includes a $3,000 gain on the sale of plant assets. Why is this gain subtracted from net income in computing cash.
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