Business, 14.11.2019 20:31 blythephillips2734

On january 1, 2016, lester company purchased 70% of stork corporation's $5 par common stock for $600,000. the book value of stork net assets was $640,000 at that time. the fair value of stork's identifiable net assets were the same as their book value except for equipment that was $40,000 in excess of the book value. in the january 1, 2016, consolidated balance sheet, goodwill would be reported at: a. $152,000. b. $177,143. c. $80,000. d. $0.

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 07:50

Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?

Answers: 1

Answer

Business, 22.06.2019 20:00

How many organs are supplied at a zero price? (b) how many people die in the government-regulated economy where the government-set price ceiling is p = 0? the quantity qd – qa. the quantity qe – qa. the quantity qd – qe. (c) how many people die in the market-driven economy?

Answers: 1

Answer

Business, 22.06.2019 21:40

The farmer's market just paid an annual dividend of $5 on its stock. the growth rate in dividends is expected to be a constant 5 percent per year indefinitely. investors require a 13 percent return on the stock for the first 3 years, a 9 percent return for the next 3 years, a 7 percent return thereafter. what is the current price per share? select one: a. $212.40 b. $220.54 c. $223.09 d. $226.84 e. $227.50 previous pagenext page

Answers: 2

Answer

Business, 23.06.2019 02:30

The wall street journal reported that over a recent five-month period, a downturn in the economy has caused endowments to decline 23%. what is the estimate of the dollar amount of the decline in the total endowments held by these 10 universities (to the nearest billion)?

Answers: 3

Answer

You know the right answer?

On january 1, 2016, lester company purchased 70% of stork corporation's $5 par common stock for $600...

Questions