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Problem 1: For business combination if have patent carring value @ $105000 and Fair value @ 90000 at 1st July 2015 and on 18 August 2015 sold for $120000. what would be the value need to include in the business combination?
Determine the variances between the visits and the clinic revenues for planned and actual budgets. Label each as favorable or unfavorable
What is the book value per ordinary share?14% preference share capital, 10,000 shares, 12% Preference share capital, 20,000 shares, P100 par value 2,000,000
What is the standard quantity of material and the standard labor time for Septembers production and compute the direct material and direct labor variances - how might the sales and production managers explain the direct material variances?
The tax rate is 30%, and the cost of capital is 14%. Calculate the Payback Period and Net Present Value followed by recommendations
What are causes of change in equity? Last year the Digby company increased their equity. In 2019 their equity was $49,468. Last year (2020) it increased
B.Co has recorded the following data in the two most recent period. What is the best estimate of the company's fixed costs per period?
What is the unamortized amount of the discount or premium account at the beginning of the period? Illustrate what account was debited to amortize the discount or premium?
In an inflationary period, explain which inventory method (FIFO or AVCO) will show the higher net income.
At the end of the year, the firm's records revealed the following actual cost and operating data for all cases handled during the year.
What will the deposit grow to after 10 years? If the inflation rate is 8% per year what will be the value of deposit after 10 years in terms of current rupee
Under what condition is forgiveness of indebtedness not included in taxable income? If the forgiveness of indebtedness is not taxable, explain how is it treated from a tax point of view?
Prepare the equity section on the December 31, 2020, balance sheet.Common shares, unlimited authorized shares, 883,400 shares issued
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