Reference no: EM132489661
Smith, Inc., has the following stockholders' equity accounts as of January 1, 2018:
Preferred stock - $100 par, nonvoting and non participating, 6% cumulative dividend: $2,250,000
Common stock - $20 par value: $4,250,000
Retained Earnings: $10,250,000
Point 1: Haried Company purchases all of Smith's common stock on January 1, 2018, for $14,550,000. The preferred stock remains in the hands of outside parties. Any excess acquisition-date fair value will be assigned to franchise contracts with a 40-year remaining life.
Point 2: During 2018, Smith reports earning $700,000 in net income and declares $610,000 in cash dividends. Haried applies the equity method to this investment.
Question 1: What consolidation entries are needed for 2018?
|
Foodborne intoxication-foodborne infection
: Identify the characteristic as more likely to be a foodborne intoxication or a foodborne infection
|
|
What the limitations concerning amount of qualified expenses
: What the requirements that must be met to receive a tax credit for child and dependent care expenses, and the limitations concerning the amount
|
|
Describe the selected environmental factor
: Describe the selected environmental factor. Explain how the environmental factor you selected can potentially affect the health or safety of infants.
|
|
Methods of isolating bacteria in a pure culture
: Methods of isolating bacteria in a pure culture Streak Plate Method 1. What is the streak plate method allowing for?
|
|
What consolidation entries are needed
: What consolidation entries are needed for 2018? Haried Company purchases all of Smith's common stock on January 1, 2018, for $14,550,000.
|
|
Describe the reporting mechanism in your state
: Child abuse and maltreatment is not limited to a particular age-it can occur in the infant, toddler, preschool, and school-age years. Choose one of the four.
|
|
Prepare journal entries to record the issue
: Prepare journal entries to record the issue and retirement of these bounds. A company , issued $250,000 of 8%, 15-year bounds
|
|
Describe an aha moment you experienced
: Describe an "Aha" moment you experienced during this learning experience and how it will expand your nursing care. What are some aspects of client care that.
|
|
Discuss the most likely microbe involved
: Discuss the most likely microbe involved, treatment options, and recommended prevention for future infections, while maintaining proper scientific naming.
|