The price of a dozen roses in the united states is $30. if $0.2597 can purchase 1.00 israeli shekel, how much does the same dozen roses cost in israel if purchasing power parity holds? shekels

part 2 (1 point)see hint if the actual price of a dozen roses in israel is more than the answer you found in part 1, how might you account for the discrepancy? choose one or more:

a. the roses are not identical products.

b. purchasing power parity exists only for manufactured products.

c. transportation costs are higher for the roses bought in israel.

d. prices may not have fully adjusted.

Eliminating entries (including goodwill impairment) and worksheets for various years on january 1, 2013, porter company purchased an 80% interest in the capital stock of salem company for$850,000. at that time, salem company had capital stock of $550,000 and retained earnings of $80,000.differences between the fair value and the book value of the identifiable assets of salem company were asfollows: fair value in excess of book valueequipment$130,000land65,000inventory40,000the book values of all other assets and liabilities of salem company were equal to their fair values onjanuary 1, 2013. the equipment had a remaining life of five years on january 1, 2013. the inventory was sold in2013.salem company’s net income and dividends declared in 2013 and 2014 were as follows: year 2013 net income of $100,000; dividends declared of $25,000year 2014 net income of $110,000; dividends declared of $35,000required: a.prepare a computation and allocation schedule for the difference between book value of equity acquired andthe value implied by the purchase price.b.present the eliminating/adjusting entries needed on the consolidated worksheet for the year endeddecember 31, 2013. (it is not necessary to prepare the worksheet.)lo6lo1