Sterling co. recently underwent a sell-off of its home gardening and repair subsidiary, campbell co., to an independent party. if sterling recorded a gain of $62,755 on the carve out and received $85,540 cash for the sale, what are the net assets of campbell?
a. $108,325b. $148,295c. $ 45,570d. $ 22,785e. none of the above

d. $22,785

Explanation:

The net assets belonging to the subsidiary Campbell Co. are given by the difference in amount from cash received from the sale of the subsidiary and the recorded gains by Sterling Co. on the carve out:

The net assets of Campbell Co. are valued at $22,785.

The answer is alternative d.

explanation:

the contractual interest rate is the interest the borrower must pay and the interest the lender receives, or more simply, it is the interest rate stated on a bond whereas the market interest rate is “the investors demand for loaning funds”. therefore, bonds can either be sold at a premium, face value, or discount.

hi : ) i found this so i hope this !

"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"