Pab Corporation decided to establish Solion Company as a wholly owned subsidiary by transferring some of ts existing assets and liabilities to the new entity. In exchange, Sollon issued Pab 38,000 shares of $7 par value common stock. The following information is provided on the assets and accounts payable transferred: cost Book value par valueCash 28,000 28,000 71,000 Inventory 70,000 28,000 71,000 Land 100,000 149,000 250,000Building 108,000 71,000 173,000Equipment 71000 70000 95000 Accounts Payable 54,000 54000 54000 a. Prepare the journal entry that Pab recorded for the transfer of assets and accounts payable to Sollon (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) b. Prepare the journal entry that Sollon recorded for the receipt of assets and accounts payable from Pab.

Suppose jamal purchases a pair of running shoes online for $60. if his state has a sales tax on clothing of 6 percent, how much is he required to pay in state sales tax?

Asap describe three different expenses associated with restaurants. choose one of these expenses, and discuss how a manager could handle this expense.

Stocks a, b, and c are similar in some respects: each has an expected return of 10% and a standard deviation of 25%. stocks a and b have returns that are independent of one another; i.e., their correlation coefficient, r, equals zero. stocks a and c have returns that are negatively correlated with one another; i.e., r is less than 0. portfolio ab is a portfolio with half of its money invested in stock a and half in stock b. portfolio ac is a portfolio with half of its money invested in stock a and half invested in stock c. which of the following statements is correct? a. portfolio ab has a standard deviation that is greater than 25%.b. portfolio ac has an expected return that is less than 10%.c. portfolio ac has a standard deviation that is less than 25%.d. portfolio ab has a standard deviation that is equal to 25%.e. portfolio ac has an expected return that is greater than 25%.