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Molodets [167]
1 year ago
13

pharoah company purchased 200 of the 1000 outstanding shares of sheridan company's common stock for $520000 on january 2, 2021

Business
1 answer:
Anni [7]1 year ago
6 0

The equity investment ( sheridan )account on December 31, 2021 is $5,20,000

As per the fair value technique, equity Investments must be stated at the fair value of the funding at the date of reporting. In this situation there is no fair value, therefore fairness Investments ought to be mentioned at buy charge.

A fair fee is an anticipated charge at which an asset is offered or offered when both the client and seller freely agree on a fee. People and corporations may additionally compare modern-day marketplace value, growth ability, and replacement value to determine the fair price of an asset.

An equity investment is a cash that is invested in an organization by means of buying shares of that organization within the stock market. those shares are generally traded on a stock exchange.

Learn more about fair value here brainly.com/question/16788537

#SPJ4

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Walt Biggs is general manager at a plumbing contractor. He is currently working on designing the procedures and policies the com
anastassius [24]

Answer:

A) planning

Explanation:

Planning starts with determining where do you want your company to be in X amount of time, and what are your companies objectives (sales, profits, brand portfolio, structure, etc.), and how do you plan to get there and accomplish your objectives.

Planning helps to be future oriented, it is always better to set a goal and plan how to achieve it. A well designed plan can help you make business decisions that will help you accomplish it. Even the best plan cannot eliminate risk, but it can help to lower it.

4 0
3 years ago
If Amy painted 8 walls in the first hour of work, and then switched to doing 6 outlets in the second hour of work, what was the
Irina-Kira [14]

Answer:

1.33 walls

Explanation:

Here is the complete question :

Amy and Bill are fixing up their house by painting walls and installing electrical outlets. In one hour, Amy can paint 8 walls, or install 6 outlets. In one hour, Bill can paint 5 walls, or install 5 outlets a. If Amy painted 8 walls in the first hour of work, and then switched to doing 6 outlets in the second hour of work, what was the opportunity cost of each of those outlets?

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

By doing the outlet, Amy is forgoing the option of painting walls.

Opportunity cost = 8/6 = 1.33 walls

8 0
3 years ago
A firm has total assets of $638,727, current assets of $203,015, current liabilities of $122,008, and total debt of $348,092. Wh
Alexxx [7]

Answer:

E. 1.20

Explanation:

The formula and the computation of the debt-equity ratio is shown below:

Debt equity ratio = (Total debt ÷ Shareholders’ Equity)

where,  

Total debt = $348,092

And, the shareholder equity would be

= Total assets - total debt

= $638,727 - $348,092

= $290,635

So, the debt - equity ratio would be

= $348,092 ÷ $290,635

= 1.20

3 0
3 years ago
An agent made written disclosure to his employing broker-dealer that he intends to execute a series of private securities transa
choli [55]

Answer:

C) is guilty of selling away

Explanation:

In the case when the securities are sold so the agents are prohibited from the transactions that are not recorded in the books of broker-dealer until there are authorized transactions in writing via the broker- dealer before to execution. If this cannot be happen so we called it as selling away

also the notification receipt would not be similar as the authorization

Therefore the option c is correct

3 0
3 years ago
In a sale or return, title and risk of loss remain with the seller until the buyer accepts the goods.
Lelechka [254]
True is correct answer.


Hope it helped you.

-Charlie
6 0
4 years ago
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