Amie, inc., has 190,000 shares of $1 par value stock outstanding. prairie corporation acquired 57,000 of amie’s shares on january 1, 2015, for $114,000 when amie’s net assets had a total fair value of $478,000. on july 1, 2018, prairie bought an additional 114,000 shares of amie from a single stockholder for $4 per share. although amie’s shares were selling in the $3 range around july 1, 2018, prairie forecasted that obtaining control of amie would produce significant revenue synergies to justify the premium price paid. if amie’s identifiable net assets had a fair value of $623,500 at july 1, 2018, how much goodwill should prairie report in its postcombination consolidated balance sheet?

Titus manufacturing, inc. provided the following information for the year: purchases - direct materials $91,000 plant utilities and insurance 68,000 indirect materials 11,170 indirect labor 4270 direct materials used in production 99,000 direct labor 117,500 depreciation on factory plant & equipment 4000the inventory account balances as of january 1 are given below. direct materials $44,000 work-in-progress inventory 10,000 finished goods inventory 50,000what is the ending balance in the direct materials account? $135,000 $36,000 $110,170 $6000

Acompany recorded a check in its accounting records as $87. however, the check was actually written for $78 and it cleared the bank as $78. what adjustment is needed to the personal statement? a. decrease by $9 b. increase by $9 c. decrease by $18 d. increase by $9

Rate of return douglas keel, a financial analyst for orange industries, wishes to estimate the rate of return for two similar-risk investments, x and y. douglas's research indicates that the immediate past returns will serve as reasonable estimates of future returns. a year earlier, investment x had a market value of $27 comma 000; and investment y had a market value of $46 comma 000. during the year, investment x generated cash flow of $2 comma 025 and investment y generated cash flow of $ 6 comma 770. the current market values of investments x and y are $28 comma 582 and $46 comma 000, respectively. a. calculate the expected rate of return on investments x and y using the most recent year's data. b. assuming that the two investments are equally risky, which one should douglas recommend? why?