subject
Business, 22.07.2021 18:30 lolfunny124

Grey Corp owns 54% of Blue Company. On January 1, 2017 Grey sold Blue a machine for $83,456. Immediately prior to the sale, the machine was recorded on Grey's books at a net book value of $24,876. Prior to the sale, Grey was depreciating the machine on a straight-line basis with 4 years of remaining life and no salvage value. Blue plans to adopt the same depreciation assumptions as Grey. What elimination adjustments with respect to this sale must be made to consolidated net income in 2018 (ignoring income tax effects)

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 11:20, tatilynnsoto17
Ardmore farm and seed has an inventory dilemma. they have been selling a brand of very popular insect spray for the past year. they have never really analyzed the costs incurred from ordering and holding the inventory and currently fave a large stock of the insecticide in the warehouse. they estimate that it costs $25 to place an order, and it costs $0.25 per gallon to hold the spray. the annual requirements total 80,000 gallons for a 365 day year. a. assuming that 10,000 gallons are ordered each time an order is placed, estimate the annual inventory costs. b. calculate the eoq. c. given the eoq calculated in part b., how many orders should be placed and what is the average inventory balance? d. if it takes seven days to receive an order from suppliers, at what inventory level should ardmore place another order?
Answers: 2
image
Business, 22.06.2019 11:30, laylay120
You've arrived at the pecan shellers conference—your first networking opportunity. naturally, you're feeling nervous, but to avoid seeming insecure or uncertain, you've decided to a. speak a little louder than you would normally. b. talk on your cell phone as you walk around. c. hold an empowered image of yourself in your mind. d. square your shoulders before entering the room.
Answers: 2
image
Business, 22.06.2019 20:00, Haddixhouse8948
How many organs are supplied at a zero price? (b) how many people die in the government-regulated economy where the government-set price ceiling is p = 0? the quantity qd – qa. the quantity qe – qa. the quantity qd – qe. (c) how many people die in the market-driven economy?
Answers: 1
image
Business, 22.06.2019 21:30, marlenerojas201
Which of the following is one of the five fundamental questions? which products will be in scarce supply and which in excess supply? who should appoint the head of the central bank? how much should society save? correct what goods and services will be produced?
Answers: 1
You know the right answer?
Grey Corp owns 54% of Blue Company. On January 1, 2017 Grey sold Blue a machine for $83,456. Immedia...

Questions in other subjects:

Konu
Mathematics, 31.03.2021 06:00