Answers: 3
Business, 22.06.2019 02:00
On january 1, 2017, fisher corporation purchased 40 percent (90,000 shares) of the common stock of bowden, inc. for $980,000 in cash and began to use the equity method for the investment. the price paid represented a $48,000 payment in excess of the book value of fisher's share of bowden's underlying net assets. fisher was willing to make this extra payment because of a recently developed patent held by bowden with a 15-year remaining life. all other assets were considered appropriately valued on bowden's books. bowden declares and pays a $90,000 cash dividend to its stockholders each year on september 15. bowden reported net income of $400,000 in 2017 and $348,000 in 2018. each income figure was earned evenly throughout its respective year. on july 1, 2018, fisher sold 10 percent (22,500 shares) of bowden's outstanding shares for $338,000 in cash. although it sold this interest, fisher maintained the ability to significantly influence bowden's decision-making process. prepare the journal entries for fisher for the years of 2017 and 2018. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations. round your final answers to the nearest whole dollar.)
Answers: 3
Business, 22.06.2019 19:30
Nextdoor is an instant messaging application for smartphones. new smartphone users find it easier to connect with friends and relatives through this mobile app when compared to other similar instant messaging applications. hence, it has the largest user base in the industry. thus, nextdoor app's value has increased primarily due to itsa. learning curve effects. b. economies of scale. c. economies of scope. d. network effects.
Answers: 2
Business, 22.06.2019 19:40
The martinez legal firm (mlf) recently acquired a smaller competitor, miller and associates, which specializes in issues not previously covered by mlf, such as land use and intellectual property cases. given the increase in the firm's size and complexity, it is likely that its internal transaction costs willa. decrease. b. increase. c. become external transaction costs. d. be eliminated.
Answers: 3
Business, 22.06.2019 19:50
Bulldog holdings is a u.s.-based consumer electronics company. it owns smaller firms in japan and taiwan where most of its cell phone technology is developed and manufactured before being released worldwide. which of the following alternatives to integration does this best illustrate? a. venture capitalism b. franchising c. joint venture d. parent-subsidiary relationship
Answers: 2
A salaried employee receives an annual salary of $40,000. There are 26 pay
periods during the year....
Mathematics, 10.09.2020 03:01
Mathematics, 10.09.2020 03:01
Geography, 10.09.2020 03:01
History, 10.09.2020 03:01
Chemistry, 10.09.2020 03:01
Biology, 10.09.2020 03:01
Mathematics, 10.09.2020 03:01
Mathematics, 10.09.2020 03:01
Biology, 10.09.2020 03:01
Geography, 10.09.2020 03:01
World Languages, 10.09.2020 03:01
Mathematics, 10.09.2020 03:01
Biology, 10.09.2020 03:01
Mathematics, 10.09.2020 03:01
Biology, 10.09.2020 03:01
Biology, 10.09.2020 03:01
Mathematics, 10.09.2020 03:01
English, 10.09.2020 03:01
Mathematics, 10.09.2020 03:01
Mathematics, 10.09.2020 03:01