Business, 26.11.2019 23:31 payshencec21
Peoplemag sells a plot of land for $100,000 to seven star company, its 100 percent owned subsidiary, on january 1, 20x7. the cost of the land was $75,000, when it was purchased in 20x6. in 20x9, seven star sells the land to hot properties inc., an unrelated entity, for $120,000. how is the land reported in the consolidated financial statements for 20x7, 20x8 and 20x9? prepare simple equity-method journal entries related to an intercompany land transfer. record journal entries
Answers: 3
Business, 22.06.2019 06:20, kingyogii
At a small store, a customer enters the front door on average every 8 minutes. a prior study indicated that the time between customers entering the front door during weekdays follows an exponential distribution. what is the probability that the time between customers entering the store on a weekday will be less than or equal to 7? select one: a. 62 b. 43 c. 1/8 d. 7/8 e. 58
Answers: 1
Business, 22.06.2019 20:10, janayflowers042
Russell's is considering purchasing $697,400 of equipment for a four-year project. the equipment falls in the five-year macrs class with annual percentages of .2, .32, .192, .1152, .1152, and .0576 for years 1 to 6, respectively. at the end of the project the equipment can be sold for an estimated $135,000. the required return is 13.2 percent and the tax rate is 23 percent. what is the amount of the aftertax salvage value of the equipment assuming no bonus depreciation is taken
Answers: 2
Peoplemag sells a plot of land for $100,000 to seven star company, its 100 percent owned subsidiary,...
Mathematics, 15.07.2019 09:00
Mathematics, 15.07.2019 09:00
Computers and Technology, 15.07.2019 09:00