Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Pearl Corporation paid $150,000 on January 1, 2013 for a 25% interest in Sandlin Inc. On January 1, 2013, the book value of Sandlin's stockholders' equity consisted of $200,000 of common stock and $200,000 of retained earnings. All the excess purchase cost over book value acquired was attributable to a patent with an estimated life of 5 years. During 2013 and 2014, Sandlin paid $3,000 of dividends each quarter and reported net income of $60,000 for 2013 and $80,000 for 2014. Pearl used the equity method.
If Pearl sold a 10% interest in Sandlin Inc. for $100,000 on January 1, 2015 and gave up influence on Sandlin Inc., what was the gain or loss from this transaction for Pearl?
A) $36,400
B) $63,600
C) $100,000
D) $500,000
The department actually completed 10,000 hours of production. What is the appropriate total budget for the department, assuming it uses flexible budgeting
List any strengths and weaknesses in the internal control procedures of Jounta enterprises Draw a document flowchart of the expenditure processes.
How much should the National Credit Union invest in municipal bondsso as to maximize its return on investment? What is the maximal return on investment?
If the old tenant passed away and the landlord started the holdover for the new tenant, What is the accounting treatment for this situation
Create an argument for or against whether auditors have a responsibility to assess the judgment of the decisions made by Cardillo's management. Support the argument
A series of Business Process Models, which capture the existing and proposed business processes. The models should follow the BPMN notation (see Introduction to BPMN in Unit 4's Resources). It is recommended that you use Microsoft Visio to create ..
Saturn, Inc., which uses a predetermined overhead rate based on direct labor hours, estimated total overhead for the year to be $7,500,000 and total direct labor hours to be 125,000 hours.
What best describes 'double-entry book-keeping' in accounting system?
On the date of distribution, the land has a basis to Heaton Corporation of $250,000, What is Pauls basis in the land following the liquidation
Question 1 How investors confirmation bias can cause irrational decisions? A. Investors buy shares of a familiar company or industry based on an overstimation of their infilerce on such incestments.
swc inc. uses standard costs to value its inventories. the standard cost of direct labor is 84 6 hours 14 per hour.
If the plant has average risk and Goodyear plans to maintain a constant debt-equity ratio, what after-tax amount must it receive for the plant
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd