Business, 30.10.2019 01:31 iluminatioffial9699
Craig roberts purchased one-half of ennis leighton’s interest in the vale and leighton partnership for $36,300. prior to the investment, land was revalued to a market value of $163,080 from a book value of $85,810. tony vale and ennis leighton share net income equally. leighton had a capital balance of $29,300 prior to these transactions. required: a. on december 31, provide the journal entry for the revaluation of land. b. on december 31, provide the journal entry to admit roberts.
Answers: 2
Business, 22.06.2019 12:50, laxraAragon
Jallouk corporation has two different bonds currently outstanding. bond m has a face value of $50,000 and matures in 20 years. the bond makes no payments for the first six years, then pays $2,100 every six months over the subsequent eight years, and finally pays $2,400 every six months over the last six years. bond n also has a face value of $50,000 and a maturity of 20 years; it makes no coupon payments over the life of the bond. the required return on both these bonds is 10 percent compounded semiannually. what is the current price of bond m and bond n?
Answers: 3
Business, 22.06.2019 21:20, dorianhenderson987
Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u. s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.
Answers: 3
Business, 23.06.2019 07:50, sarahlearn3
Tubby toys estimates that its new line of rubber ducks will generate sales of $7.60 million, operating costs of $4.60 million, and a depreciation expense of $1.60 million. if the tax rate is 35%, what is the firm’s operating cash flow? (enter your answer in millions rounded to 2 decimal places.)
Answers: 1
Craig roberts purchased one-half of ennis leighton’s interest in the vale and leighton partnership f...
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