Business, 30.10.2019 20:31 fionatetreault8634
On january 1, 2017, cale corp. paid $1,020,000 to acquire kaltop co. kaltop maintained separate incorporation. cale used the equity method to account for the investment. the following information is available for kaltop's assets, liabilities, and stockholders' equity accounts on january 1, 2017:
book value fair value
current assets $120,000 $120,000
land $72,000 $192,000
building (20 year life) $240,000 $268,000
equipment (10 year life) $540,000 $516,000
current liabilities $24,000 $24,000
long-term liabilities $120,000 $210,000
common stock $228,000
additional paid in capital $384,000
retained earnings $216,000
what is the balance in cale's investment in subsidiary account at the end of 2017?
(a) $1,099,000
(b) $1,020,000
(c) $1,096,000
(d) $1,098,000
(e) $1,144,000
Answers: 3
Business, 21.06.2019 17:40
Assume the government imposes a $2.25 tax on suppliers, which results in a shift of the supply curve from s1 to s2. the price the seller receives for the product after paying the tax is
Answers: 2
Business, 22.06.2019 15:30
Uknow what i love about i ask a dumb question it is immediately answered but when i ask a real question it take like an hour to get answered
Answers: 2
Business, 22.06.2019 20:00
Describe a real or made-up but possible example of a situation where an employee faces a conflict of interest. explain at least two things the company could do to make sure the employee won't be tempted into unethical behavior by that conflict of interest. (3.0 points)
Answers: 3
Business, 23.06.2019 01:00
The monthly demand equation for an electric utility company is estimated to be p equals 60 minus left parenthesis 10 superscript negative 5 baseline right parenthesis x, where p is measured in dollars and x is measured in thousands of killowatt-hours. the utility has fixed costs of $3 comma 000 comma 000 per month and variable costs of $32 per 1000 kilowatt-hours of electricity generated, so the cost function is upper c left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 32 x. (a) find the value of x and the corresponding price for 1000 kilowatt-hours that maximize the utility's profit. (b) suppose that the rising fuel costs increase the utility's variable costs from $32 to $38, so its new cost function is upper c 1 left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 38 x. should the utility pass all this increase of $6 per thousand kilowatt-hours on to the consumers?
Answers: 2
On january 1, 2017, cale corp. paid $1,020,000 to acquire kaltop co. kaltop maintained separate inco...
German, 01.10.2019 13:30
Mathematics, 01.10.2019 13:30
Biology, 01.10.2019 13:30
Spanish, 01.10.2019 13:30
Chemistry, 01.10.2019 13:30
English, 01.10.2019 13:30
Mathematics, 01.10.2019 13:30
Mathematics, 01.10.2019 13:30
Mathematics, 01.10.2019 13:30
History, 01.10.2019 13:30
Chemistry, 01.10.2019 13:30