Business, 06.10.2019 07:01 adrianaglass12
Chapman company obtains 100 percent of abernethy company’s stock on january 1, 2014. as of that date, abernethy has the following trial balance: debit credit accounts payable $51,900 accounts receivable $43,100 additional paid-in capital 50,000 buildings (net) (4-year life) 175,000 cash and short-term investments 75,500 common stock 250,000 equipment (net) (5-year life) 439,500 inventory 127,000 land 116,500 long-term liabilities (mature 12/31/17) 170,500 retained earnings, 1/1/14 464,900 supplies 10,700 totals $987,300 $987,300 during 2014, abernethy reported net income of $87,000 while declaring and paying dividends of $11,000.during 2015, abernethy reported net income of $122,500 while declaring and paying dividends of $55,000.assume that chapman company acquired abernethy’s common stock for $873,250 in cash. as of january 1, 2014, abernethy’s land had a fair value of $129,800, its buildings were valued at $243,800, and its equipment was appraised at $403,750. chapman uses the equity method for this investment. a. prepare consolidation worksheet adjustments for january 1, 2014. (if no entry is required for a transaction, select "no journal entry required" in the first account field.)b. prepare consolidation worksheet adjustments for december 31, 2014. (if no entry is required for a transaction, select "no journal entry required" in the first account field.)c. prepare consolidation worksheet adjustments for december 31, 2015. (if no entry is required for a transaction, select "no journal entry required" in the first account field.)
Answers: 3
Business, 22.06.2019 08:30, hartzpeyton136
Match each item to check for while reconciling a bank account with the document to which it relates.(there's not just one answer)1. balancing account statement2. balancing check registera. nsf feesb. deposits in transitc. interest earnedd. bank errors
Answers: 2
Business, 22.06.2019 12:40, gldven7636
When cell phones were first entering the market, they were relatively large and reception was undependable. all cell phones were essentially the same. but as the technology developed, many competitors entered, introducing features unique to their phones. today, cell phones are only a small fraction of the size and weight of their predecessors. consumers can buy cell phones with color screens, cameras, internet access, daily planners, or voice activation (and any combination of these features). the history of the cell phone demonstrates what marketing trend?
Answers: 3
Business, 22.06.2019 19:50, ahoney2233
Statistical process control charts: a. indicate to the operator the true quality of material leaving the process. b. display upper and lower limits for process variables or attributes and signal when a process is no longer in control. c. indicate to the process operator the average outgoing quality of each lot. d. display the measurements on every item being produced. e. are a graphic way of classifying problems by their level of importance, often referred to as the 80-20 rule.
Answers: 2
Business, 22.06.2019 19:50, TylieW
Aproperty title search firm is contemplating using online software to increase its search productivity. currently an average of 40 minutes is needed to do a title search. the researcher cost is $2 per minute. clients are charged a fee of $400. company a's software would reduce the average search time by 10 minutes, at a cost of $3.50 per search. company b's software would reduce the average search time by 12 minutes at a cost of $3.60 per search. which option would have the higher productivity in terms of revenue per dollar of input?
Answers: 1
Chapman company obtains 100 percent of abernethy company’s stock on january 1, 2014. as of that date...
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