On January 1, 20X9, Peanuts Corporation acquired 80 percent of Schulz Corporation's voting common stock. On that date, Peanuts had equipment with a book value of $50,000 and a fair value of $200,000. Schulz's buildings and equipment had a book value of $300,000 and a fair value of $300,000 at the time of acquisition. What will be the amount at which buildings and equipment will be reported in consolidated statements immediately following the acquisition

Based on what you learned about time management which of these statements are true

Companies under market structures are independent

In each of the cases below, assume division x has a product that can be sold either to outside customers or to division y of the same company for use in its production process. the managers of the divisions are evaluated based on their divisional profits. case a b division x: capacity in units 200,000 200,000 number of units being sold to outside customers 200,000 160,000 selling price per unit to outside customers $ 90 $ 75 variable costs per unit $ 70 $ 60 fixed costs per unit (based on capacity) $ 13 $ 8 division y: number of units needed for production 40,000 40,000 purchase price per unit now being paid to an outside supplier $ 86 $ 74 required: 1. refer to the data in case a above. assume in this case that $3 per unit in variable selling costs can be avoided on intracompany sales. a. what is the lowest acceptable transfer price from the perspective of the selling division? b. what is the highest acceptable transfer price from the perspective of the buying division? c. what is the range of acceptable transfer prices (if any) between the two divisions? if the managers are free to negotiate and make decisions on their own, will a transfer probably take place?