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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

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The step in the career management process in which employees receive information about thier skills and knowledge and where thes
Liono4ka [1.6K]
Answer:  "feedback" .
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8 0
3 years ago
Denise has $13,424 in a savings account with the District 113 Teacher's Credit Union. While economic conditions have caused the
coldgirl [10]

Answer:

Explanation:

$120= the amount to pay for the shoe

$20 paid for the month

Balance to pay = $100

Then 3% interest rate on credit card = 3% of $100=$3

Therefore amount to pay = $3+$100=$103

7 0
3 years ago
The Waverly Company has budgeted sales for the year as follows:
Yanka [14]

Answer:

Production= 15,000 units

Explanation:

Giving the following information:

Sales:

Q2=14,000

Q3=18,000

The ending inventory of finished goods for each quarter should equal 25% of the next quarter's budgeted sales in units.

To calculate the production for the second quarter, we need to use the following formula:

Production= sales + desired ending inventory - beginning inventory

Production= 14,000 + (18,000*0.25) - (14,000*0.25)

Production= 15,000 units

6 0
3 years ago
he following information applies to the questions displayed below.] Raphael Corporation’s common stock is currently selling on a
arsen [322]

Answer:

The correct answer is $151 per share.

Explanation:

According to the scenario, the computation of the given data are as follows:

Currently selling price = $151 per share

So, we can calculate the Current market value by using following formula:

Current market value (price) of stock = Currently selling price of stock

As, Currently selling price of stock is already given.

Than, Current market value (price) of stock = $151 per share.

4 0
3 years ago
Country X has a high unemployment rate. It follows that country X is operating a. inside (below) its PPF. b. at a productive eff
zhenek [66]

Based on the fact that this country is having a high rate of unemployment, then it is  inside (below) its PPF.

<h3>What is the Production possibility frontier?</h3>

This is the graphical illustration that shows the way a nation produces goods and services based on the resources that it has available.

It shows the mix of goods that would efficient use the allocated resources. A country is at unemployment if they are inside the PPF.

Read more on the Production possibility frontier here:

brainly.com/question/6571859

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8 0
2 years ago
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