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In 1/1/2020, company A purchased 80% of company B capital shares. The result of purchase resulted on parent-subsidiary relationship. Account receivables presented in the consolidated statement of financial position at the date of acquisition as follow:
Item Parent A Subsidiary B ConsolidatedAccount Receivables 60,000 30,000 82,000
Problem 1: Take into consideration that there is a debt for parent on subsidiary of 4000$. What is the fair value of account receivables of subsidiary B?
Leland Corporation began the year with 150,000 shares of common stock out- standing. Calculate the company's earnings per share
Now assume that instead of applying for a bank loan, Given the violations I discussed in my solution to the week 1 homework, do you think the investor will prevail?
On December 29, 2019, an employee received a $5,000 check from her employer's client. When is cash basis employer required to include the $5,000 in gross income
What is your Myers-Briggs type? Did your result surprise you, if yes why or if no, why not? How your type will give you an advantage in your future career
Liang Company began operations on January 1, 2012. During its first two years, the company completed a number of transactions involving sales on credit, accounts receivable collections, and bad debts
Elizabeth and Laurie operate a beauty salon as partners who share profits and losses equally. The success of their business has exceeded their expectations; the salon is operating quite profitably.
B. Companies should instill the importance of taking care of each other in order to succeed.
Fitness Design reports taxable income of $70,000 and pays $60,000 in dividends to shareholders before considering payments to Cynthia. Cynthia receives a $75,000 salary. What is Cynthia's income from Fitness Design?
on january 1 chreesh corporation had 91500 shares of no-par common stock issued and outstanding. the stock has a
Assuming emmas ordinary income is $36,900 and her taxable income is $56,900, how much is her federal income tax for 2014
Transportation cost gross ton miles jan 760,000 275,000, Determine the variable cost per gross-ton mile and the fixed cost
From the data you collected in task 1, calculate the average annual percentage growth rates for both employment and value of shipments
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