Business, 02.08.2019 21:20 skgoldsmith
On january 1, park corporation and strand corporation had condensed balance sheets as follows: park strand current assets $ 87,750 $ 14,750 noncurrent assets 109,000 49,500 total assets $ 196,750 $ 64,250 current liabilities $ 46,750 $ 14,250 long-term debt 60,000 stockholders' equity 90,000 50,000 total liabilities and equities $ 196,750 $ 64,250 on january 2, park borrowed $64,800 and used the proceeds to obtain 80 percent of the outstanding common shares of strand. the acquisition price was considered proportionate to strand’s total fair value. the $64,800 debt is payable in 10 equal annual principal payments, plus interest, beginning december 31. the excess fair value of the investment over the underlying book value of the acquired net assets is allocated to inventory (60 percent) and to goodwill (40 percent). on a consolidated balance sheet as of january 2, what should be the amount for current assets
Answers: 2
Business, 22.06.2019 13:40
After much consideration, you have chosen cancun over ft. lauderdale as your spring break destination this year. however, spring break is still months away, and you may reverse this decision. which of the following events would prompt you to reverse this decision? a. the marginal cost of going to cancun decreases.b. the marginal cost of going to ft. lauderdale decreases.c. the marginal benefit of going to cancun increases.d. the marginal benefit of going to ft. lauderdale decreases.
Answers: 2
Business, 22.06.2019 19:00
1. regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool.
Answers: 2
Business, 22.06.2019 21:10
Skychefs, inc. prepares in-flight meals for a number of major airlines. one of the company's products is grilled salmon in dill sauce with baby new potatoes and spring vegetables. during the most recent week, the company prepared 4000 of these meals using 960 direct labor hours. the company paid these direct labor workers a total of $19,200 for this work, or $20.00 per hour. according to standard cost card for this meal, it should require 0.25 direct labour-hours at a cost of $19.75 per hour.1. what is the standard labor-hours allowed (sh) to prepare 4,000 meals? 2. what is the standard labor cost allowed (sh x sr) to prepare 4,000 meals? 3. what is the labor spending variance? 4. what is the labor rate variance and the labor efficiency variance?
Answers: 3
Business, 22.06.2019 22:00
He interest rate effect is the change in real gdp caused by the federal reserve adjusting target interest rates. is the change in consumer and investment spending due to changes in interest rates resulting from changes in the aggregate price level. is the change in exports and imports, resulting from changes in the interest rate caused by changes in the aggregate price level. is the change in investment spending and government purchases caused by changes in money demand. is the change in interest rates, caused by changes to government purchases.
Answers: 2
On january 1, park corporation and strand corporation had condensed balance sheets as follows: park...
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