Business, 21.08.2019 21:30 smmailloux4966
Pepe, incorporated acquired 60% of devin company on january 1, 2017. on that date devin sold equipment to pepe for $45,000. the equipment had a cost of $120,000 and accumulated depreciation of $66,000 with a remaining life of 9 years. devin reported net income of $300,000 and $325,000 for 2017 and 2018, respectively. pepe uses the equity method to account for its investment in devin. what is the gain or loss on equipment recognized by devin on its internal accounting records for 2017?
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Business, 22.06.2019 13:40
The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east west sales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 ) the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss)
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Business, 22.06.2019 21:20
Which of the following best describes the advantage of living in a suburban area? a. suburbs give people access to city jobs along with more living space. b. suburbs give people easy access to cultural attractions and high-paying jobs. c. suburbs have the widest availability of low-cost housing of any living area. d. suburbs have the lowest population density of any living area.
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Business, 23.06.2019 02:40
Peter, the marketing manager of a company that manufactures church furniture, has been given the job of increasing corporate profits by five percent during the upcoming year. peter decided to give his assistant the full responsibility and authority for developing a mailing campaign to target churches in an entire state. in other words, peter has
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Business, 23.06.2019 13:00
According to the weather forecast, there will be at least 40.5 inches of rainfall next year is an example of which type of probability
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Pepe, incorporated acquired 60% of devin company on january 1, 2017. on that date devin sold equipme...
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