subject
Business, 01.08.2019 02:10 tanya44737

Justings co. owned 80% of evana corp. during 2018, justings sold to evana land with a book value of $48,000. the selling price was $70,000. for purposes of the december 31, 2018 consolidated financial statements, at what amount should the land be reported?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 11:30
Money from an allowance or job is known as .
Answers: 3
question
Business, 22.06.2019 16:10
Answer the following questions using the banker’s algorithm: a. illustrate that the system is in a safe state by demonstrating an order in which the processes may complete. b. if a request from process p1 arrives for (1, 1, 0, 0), can the request be granted immediately? c. if a request from process p
Answers: 1
question
Business, 22.06.2019 19:00
Tri fecta, a partnership, had revenues of $369,000 in its first year of operations. the partnership has not collected on $45,000 of its sales and still owes $39,500 on $155,000 of merchandise it purchased. there was no inventory on hand at the end of the year. the partnership paid $27,000 in salaries. the partners invested $48,000 in the business and $23,000 was borrowed on a five-year note. the partnership paid $2,070 in interest that was the amount owed for the year and paid $9,500 for a two-year insurance policy on the first day of business. compute net income for the first year for tri fecta.
Answers: 2
question
Business, 22.06.2019 20:10
Russell's is considering purchasing $697,400 of equipment for a four-year project. the equipment falls in the five-year macrs class with annual percentages of .2, .32, .192, .1152, .1152, and .0576 for years 1 to 6, respectively. at the end of the project the equipment can be sold for an estimated $135,000. the required return is 13.2 percent and the tax rate is 23 percent. what is the amount of the aftertax salvage value of the equipment assuming no bonus depreciation is taken
Answers: 2
You know the right answer?
Justings co. owned 80% of evana corp. during 2018, justings sold to evana land with a book value of...
Questions
question
Mathematics, 03.07.2019 05:30
Questions on the website: 13722360