Business, 20.02.2020 22:32 julio003620
Party Co.'s wholly owned subsidiary, Smarty Corp., maintains its accounting records in German marks. Because all of Smarty's branch offices are in Switzerland, its functional currency is the Swiss franc. Remeasurement of Smarty's Year 20x2 financial statements resulted in a $7,600 gain, and translation of its financial statements resulted in an $8,100 gain. Which amount should Party report as a foreign exchange gain in its income statement for the year ended December 31, 20x2?
$0
$7,600
$8,100
$15,700
Answers: 2
Business, 22.06.2019 10:40
You were able to purchase two tickets to an upcoming concert for $100 apiece when the concert was first announced three months ago. recently, you saw that stubhub was listing similar seats for $225 apiece. what does it cost you to attend the concert?
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Business, 22.06.2019 12:50
Kyle and alyssa paid $1,000 and $4,000 in qualifying expenses for their two daughters jane and jill, respectively, to attend the university of california. jane is a sophomore and jill is a freshman. kyle and alyssa's agi is $135,000 and they file a joint return. what is their allowable american opportunity tax credit after the credit phase-out based on agi is taken into account?
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Business, 23.06.2019 02:50
Dakota company experienced the following events during 2016. 1. acquired $30,000 cash from the issue of common stock. 2. paid $12,000 cash to purchase land. 3. borrowed $10,000 cash. 4. provided services for $20,000 cash. 5. paid $1,000 cash for utilities expense. 6. paid $15,000 cash for other operating expenses. 7. paid a $2,000 cash dividend to the stockholders. 8. determined that the market value of the land purchased in event 2 is now $12,700
Answers: 1
Business, 23.06.2019 09:00
The average cost of one year at a private college in 2012-2013 is $43,289. the average grant aid received by a student at a private college in 2012-2013 is $15,680.what is the average student contribution for one year at a private college in 2012-2013?
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Party Co.'s wholly owned subsidiary, Smarty Corp., maintains its accounting records in German marks....
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