Business, 25.06.2019 10:20 jdkrisdaimcc11
Chapman company obtains 100 percent of abernethy company’s stock on january 1, 2017. as of that date, abernethy has the following trial balance: debit credit accounts payable $ 52,800 accounts receivable $ 49,500 additional paid-in capital 50,000 buildings (net) (4-year remaining life) 174,000 cash and short-term investments 84,000 common stock 250,000 equipment (net) (5-year remaining life) 315,000 inventory 137,500 land 90,500 long-term liabilities (mature 12/31/20) 188,500 retained earnings, 1/1/17 323,600 supplies 14,400 totals $ 864,900 $ 864,900 during 2017, abernethy reported net income of $129,000 while declaring and paying dividends of $16,000. during 2018, abernethy reported net income of $176,000 while declaring and paying dividends of $38,000. assume that chapman company acquired abernethy’s common stock by paying $768,600 in cash. all of abernethy’s accounts are estimated to have a fair value approximately equal to present book values. chapman uses the partial equity method to account for its investment. prepare the consolidation worksheet entries for december 31, 2017, and december 31, 2018. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)
Answers: 2
Business, 22.06.2019 20:30, bbby2
1. what is the lowest balance during this period? 2. lily just received her bank statement below. a. what does the bank think her ending balance is? b. how much more does the bank think lily has? c. what transactions are missing? 3. what is the danger of not balancing your bank account? lily’s bank statement deposits: 2/25 $35 2/26 $20 3/1 $256.32 checks: 2/24 ck #301 $25 2/26 #302 $150 debit card: 2/24 american eagle $75.48 2/25 chick fa la $4.67 2/27 mcdonalds $3.56 2/28 chevron $34.76 withdrawal: 2/27 $40 beginning balance $423.34 deposits $311.32 total debits $333.47 ending balance $401.19
Answers: 1
Business, 22.06.2019 23:50, chimwim8347
Keisha took the vark inventory and discovered she prefers to learn mainly through visual and kinesthetic modes. which study strategy would best match these preferences?
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Business, 23.06.2019 00:20, 218219
Firms like papa john’s, domino’s, and pizza hut sell pizza and other products that are differentiated in nature. while numerous pizza chains exist in most locations, the differentiated nature of these firms’ products permits them to charge prices above marginal cost. given these observations, is the pizza industry most likely a monopoly, perfectly competitive, monopolistically competitive, or an oligopoly industry?
Answers: 1
Chapman company obtains 100 percent of abernethy company’s stock on january 1, 2017. as of that date...
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