subject
Business, 09.10.2019 05:20 javlo4461

On january 1, 2018, abc company acquired all of the common stock of xyz company for its underlying book value of $500,000. abc accounts for its investment in xyz using the equity method. information about the two companies as of the date of combination and for the years 2018 and 2019 is as follows. the entry to eliminate abc’s intercorporate ownership claim and xyz’s stockholders’ equity accounts as of the beginning of the period would include:

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 02:20, lovehelping1564
Neon light company of kansas city ships lamps and lighting appliances throughout the country. ms. neon has determined that through the establishment of local collection centers around the country, she can speed up the collection of payments by one and one-half days. furthermore, the cash management department of her bank has indicated to her that she can defer her payments on her accounts by one-half day without affecting suppliers. the bank has a remote disbursement center in florida. a. if neon light company has $2.90 million per day in collections and $1.18 million per day in disbursements, how many dollars will the cash management system free up?
Answers: 2
image
Business, 22.06.2019 14:10, ashtonbillups
Location test: question 1 of 54)water is a solvent because itoa. is made of moleculesob. dissolves many substancesc. is a saltd. has a large buffering capacity
Answers: 1
image
Business, 22.06.2019 18:00, SmolBeanPotato
What is the cause of smoky exhaust?
Answers: 1
image
Business, 22.06.2019 22:50, abolton04
What is one of the advantages of getting a government-sponsored mortgage instead of a conventional mortgage
Answers: 1
You know the right answer?
On january 1, 2018, abc company acquired all of the common stock of xyz company for its underlying b...

Questions in other subjects:

Konu
Mathematics, 24.06.2020 21:01