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1. Pink Inc. sells half of its 70% interest in Brown Co. on January 1, 20X6. On that date, the fair value of Brown as a whole is $940,000 and the carrying amount of Pink's 70% share of Brown is $320,000. What, if any, is the gain on the sale of half of Pink's interest in Brown? (Points : 1) $0 $9,000 $169,000 $338,000
a company had common stock with a total par value of 18000000 and fair value of 62000000 and 7 preferred stock with a
Determine sales and gross profit given cost of goods sold was $622,000 and net loss was ($41,000).
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At the break-even point of 1,500 units, variable costs are $60,000, and fixed costs are $30,000. What would operating income be if 1,501 units are sold?
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financial analyst skills please respond to the followingbased on the information presented in the e-activity recommend
Audit working papers are an integral part of an examination in accordance with generally accepted auditing standards. a) Describe three major functions of the audit working papers. b) Distinguish between the permanent working paper file and the curre..
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weston is preparing the companys statement of cash flows for the fiscal year just ended. using the following
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stones manufacturing sells a marble slab for 1000. fixed costs are 30000 while the variable costs are 400 per slab. the
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