In 2018, lee inc. billed its customers $62,000 for services performed. the company collected $51,000 of the amount billed. lee incurred $39,000 of other operating expenses on account. lee paid $31,000 of the accounts payable. lee acquired $40,000 cash from the issue of common stock. the company invested $21,000 cash in the purchase of land. required (hint: identify the six events described in the paragraph and record them in general ledger accounts under an accounting equation before attempting to answer the questions.) use the preceding information to answer the following questions: what amount of revenue will lee report on the 2018 income statement? what amount of cash flow from revenue will be reported on the statement of cash flows? what is the net income for the period? what is the net cash flow from operating activities for the period? what is the amount of net cash flow from investing activities? what is the amount of net cash flow from financing activities? what amounts of total assets, liabilities, and equity will be reported on the year-end balance sheet?

He set of companies a product goes through on the way to the consumer is called the a. economic utility b. cottage industry c. market saturation d. distribution chain

Paar corporation bought 100 percent of kimmel, inc., on january 1, 2012. on that date, paar’s equipment (10-year life) has a book value of $420,000 but a fair value of $520,000. kimmel has equipment (10-year life) with a book value of $272,000 but a fair value of $400,000. paar uses the equity method to record its investment in kimmel. on december 31, 2014, paar has equipment with a book value of $294,000 but a fair value of $445,200. kimmel has equipment with a book value of $190,400 but a fair value of $357,000. the consolidated balance for the equipment account as of december 31, 2014 is $574,000. what would be the impact on consolidated balance for the equipment account as of december 31, 2014 if the parent had applied the initial value method rather than the equity method? the balance in the consolidated equipment account cannot be determined for the initial value method using the information given. the consolidated equipment account would have a higher reported balance. the consolidated equipment account would have a lower reported balance. no effect: the method the parent uses is for internal reporting purposes only and has no impact on consolidated totals.

What is private equity investing? who participates in it and why? how is palamon positioned in the industry? how does private equity investing compare with public market investing? what are the similarities and differences between the two? why is palamon interested in teamsystem? does it fit with palamon’s investment strategy? how much is 51% of teamsystem’s common equity worth? use both a discounted cash flow and a multiple-based valuation to justify your recommendation. what complexities do cross-border deals introduce? what are the specific risks of this deal? what should louis elson recommend to his partners? is it a go or not? if it is a go, what nonprice terms are important? if it’s not a go, what counterproposal would you make?