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Question - On January 1, 2016, P Corporation purchased 75% of S Corporation for $500,000. S's stockholders' equity on that date was equal to $600,000 and S had 40,000 shares issued and outstanding on that date. S Corporation sold an additional 8,000 shares of previously unissued stock on December 31, 2016.
Assume that P Corporation purchased the additional shares what would be their current percentage ownership on December 31, 2016?
A) 62 1/2%
B) 75%
C) 79 1/6%
D) 100%
for a recent year wicker co. owned a restaurants that had the following sales amp expenses.sales 17700food amp
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at a level of 24600 units sold gail corp has sales of 639600 a contribution margin ratio of 45 and a profit of 108810.
Journalize the entries to record the foregoing transactions. Round all amounts to the nearest dollar. Be sure to include the year in the date for the entries.
Calculate (using the appropriate statistical tables) the probability that between five and eleven retirees would be interested in investment services
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Task Advise Mr Brown which option would provide the better result for him and by how much. Which will give the same amount at the end of the investment?
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