Business, 01.11.2019 05:31 kaylienguyen
On january 1, 2012, quickport company acquired 90 percent of the outstanding voting stock of netspeed, inc., for$810,000 in cash and stock options. at the acquisition date, netspeed had common stock of $800,000 and retainedearnings of 840,000. the acquisition- date fair value of the 10 percent noncontrolling interest was $90,000. quickportattributed the 860,000 excess of netspeed’s fair value over book value to a database with a 5-year remaininglife. during the next two years, netspeed reported the following: wdividt-mdsissopoo $8,000115,000 8,000on july 1, 2012, quickport sold communication equipment to netspeed for 842,000. the equipment originally cost$48,000 and had accumulated depreciation of $9,000 and an estimated remaining life of three years at the date of theintra-entity transfer. a. compute the equity method balance in quickport’s investment in netspeed, lnc-, account as of december 31,2013.b. prepare the worksheet adjustments for the december 31,2013, consolidation of quickport and netspeed.
Answers: 1
Business, 22.06.2019 20:20
Carmen’s beauty salon has estimated monthly financing requirements for the next six months as follows: january $ 9,000 april $ 9,000 february 3,000 may 10,000 march 4,000 june 5,000 short-term financing will be utilized for the next six months. projected annual interest rates are: january 9 % april 16 % february 10 may 12 march 13 june 12 what long-term interest rate would represent a break-even point between using short-term financing and long-term financing?
Answers: 3
Business, 22.06.2019 21:00
Suppose either computers or televisions can be assembled with the following labor inputs: units produced 1 2 3 4 5 6 7 8 9 10 total labor used 3 7 12 18 25 33 42 54 70 90 (a) draw the production possibilities curve for an economy with 54 units of labor. label it p54. (b) what is the opportunity cost of the eighth computer? (c) suppose immigration brings in 36 more workers. redraw the production possibilities curve to reflect this added labor. label the new curve p90.
Answers: 2
Business, 23.06.2019 01:30
Lee earns $1,482 of interest in 270 days after making a deposit of $15,200. find the interest rate.
Answers: 1
On january 1, 2012, quickport company acquired 90 percent of the outstanding voting stock of netspee...
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