subject
Business, 24.06.2019 15:20 faithcalhoun

Sb following are selected accounts for following are selected accounts for green corporation and vega company as of december 31, 2020. several of green's accounts have been omitted. green vega revenues $ 900,000 $ 500,000 cost of goods sold 360,000 200,000 depreciation expense 140,000 40,000 other expenses 100,000 60,000 equity in vega’s income ? retained earnings, 1/1/2020 1,350,000 1,200,000 dividends 195,000 80,000 current assets 300,000 1,380,000 land 450,000 180,000 building (net) 750,000 280,000 equipment (net) 300,000 500,000 liabilities 600,000 620,000 common stock 450,000 80,000 additional paid-in capital 75,000 320,000 green acquired 100% of vega on january 1,2016, by issuing 10,500 shares of its $10 par value common stock with a fair value of $95 per share. on january 1, 2016, vega's land was undervalued by $40,000, its buildings were overvalued by $30,000, and equipment was undervalued by $80,000. the buildings have a 20-year life and the equipment has a 10-year life. $50,000 was attributed to an unrecorded trademark with a 16-year remaining life. there was no goodwill associated with this investment. mc qu. 59 compute the december compute the december 31, 2020, consolidated land.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 01:30
Iam trying to get more members on my blog. how do i do this?
Answers: 3
question
Business, 22.06.2019 07:20
Suppose that real interest rates increase across europe. this development will u.s. net capital outflow at all u.s. real interest rates. this causes the loanable funds to because net capital outflow is a component of that curve.
Answers: 1
question
Business, 23.06.2019 00:00
Match each economic concept with the scenarios that illustrates it
Answers: 2
question
Business, 23.06.2019 21:00
Sarah, a self-employed blogger, has adjusted gross earnings of $45,162 this year. find the amount of social security and medicare taxes paid by sarah.
Answers: 2
You know the right answer?
Sb following are selected accounts for following are selected accounts for green corporation and ve...
Questions
question
Mathematics, 12.12.2021 09:00
question
Mathematics, 12.12.2021 09:00
question
Mathematics, 12.12.2021 09:00
Questions on the website: 13722367