Sheridan Corporation acquired a 38% interest in Windsor Company on January 1, 2021, for $520,000. At that time, Windsor had 1,000,000 shares of its $1 par common stock issued and outstanding. During 2021, Windsor paid cash dividends of $165,000 and thereafter declared and issued a 5% common stock dividend when the fair value was $2 per share. Windsor's net income for 2021 was $360,000. What is the balance in Sheridan's equity investment account at the end of 2021
Answers: 3
Business, 22.06.2019 07:40
The cutting department of cassel company has the following production and cost data for july. production costs 1. transferred out 12,300 units. beginning work in process $0 2. started 3,900 units that are 60% materials 62,856 complete as to conversion labor 12,622 costs and 100% complete as manufacturing overhead 23,100 to materials at july 31. materials are entered at the beginning of the process. conversion costs are incurred uniformly during the process. determine the equivalent units of production for (1) materials and (2) conversion costs. materials conversion costs total equivalent units of production link to text link to text compute unit costs. (round unit costs to 2 decimal places, e.g. 2.25.) materials $ conversion costs $ link to text link to text prepare a cost reconciliation schedule. (round unit costs to 2 decimal places, e.g. 2.25 and final answers to 0 decimal places, e.g. 1,225.) cost reconciliation costs accounted for transferred out $ work in process, july 31 materials $ conversion costs total costs $
Answers: 1
Business, 22.06.2019 10:30
Jack manufacturing company had beginning work in process inventory of $8,000. during the period, jack transferred $34,000 of raw materials to work in process. labor costs amounted to $41,000 and overhead amounted to $36,000. if the ending balance in work in process inventory was $12,000, what was the amount transferred to finished goods inventory?
Answers: 2
Business, 22.06.2019 12:50
Suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the u.s. treasury yield curve can take. check all that apply.
Answers: 2
Sheridan Corporation acquired a 38% interest in Windsor Company on January 1, 2021, for $520,000. At...
History, 19.11.2020 20:10
History, 19.11.2020 20:10
History, 19.11.2020 20:10
Mathematics, 19.11.2020 20:10
Biology, 19.11.2020 20:20
Mathematics, 19.11.2020 20:20
Mathematics, 19.11.2020 20:20
Mathematics, 19.11.2020 20:20