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AURORKA [14]
3 years ago
10

"On January 1, 2018, Payton Co. sold equipment to its subsidiary, Starker Corp., for $115,000. The equipment had cost $125,000,

and the balance in accumulated depreciation was $45,000. The equipment had an estimated remaining useful life of eight years and $0 salvage value. Both companies use straight-line depreciation. On their separate 2018 income statements, Payton and Starker reported depreciation expense of $84,000 and $60,000, respectively. The amount of depreciation expense on the consolidated income statement for 2018 would have been:"
Business
1 answer:
MAXImum [283]3 years ago
3 0

Solution:

Sales Price $115,000 - BV $80,000 = $35,000

Gain on Sale /8 years = $4,375

Annual Amortisation of Unrealised Gain over Expected Useful Life of the Asset

Parent's Depreciation $84,000 + Sub's Depreciation $60,000 - Annual amortisation $4,375 = $139,625

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Through a comparable company analysis for Alibaba, you determined a P/E ratio of 6.0x is appropriate to value the company. Based
Verizon [17]

Answer:

$740,366

Explanation:

The computation of the enterprise value is given below:

P/E ratio = Market Capitalization ÷ Earnings

6 = Market Capitalization ÷ $149,680

Market Capitalization is

= 6 × $149,680

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Now,

Enterprise Value = Market Capitalization + Market Value of Debt - Cash & Cash Equivalents.

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3 0
3 years ago
Explain the nature of promotional plan
kirill [66]

Answer:

A promotional plan of a company refers to the promotional mix. This mix contains decisions regarding the company which would put them on the path of growth and lead them towards success.

This consists of decisions regarding the manufacturing procedures, marketing decisions, market niche decisions, customer care services if required, promotional decisions, planing and strategic organizational decisions and etc.

8 0
2 years ago
Mrs. Lu is turning 65 in November and called to ask for your help deciding on a Medicare Advantage plan. She agreed to sign a sc
arlik [135]

Answer:

I may provide her with the required enrollment materials and take her completed enrollment application

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Since Mrs. Lu called to asked for my help in deciding on a Medicare Advantage plan in which She agreed to sign a scope of appointment form, this means when we finally meet for the appointment which was schedule for October 15 which is a month before her 65 birthday (November), I may provide her with all the required, important and necessary enrollment materials in which after she might have completed the enrollment materials i gave to her , I will collect the completed enrollment application from her for further processing.

5 0
3 years ago
A​ BBB-rated corporate bond has a yield to maturity of 7.7 %. A U.S. treasury security has a yield to maturity of 6.3 %. These y
ArbitrLikvidat [17]

Answer:

The price as a percentage of the treasury stock is 104.23%

The price as a percentage of the BBB-rated corporate bond is 98.37%

The credit spread on the bond is 1.40%

Find detailed computations in the attached.

Explanation:

The credit spread on BBB-rated corporate bond is the difference between its effective interest rate and the interest rate on the U.S government treasury security,that is:

7.7%-6.3%=1.40%

Note that the par value of a bond is usually $1000.

Download xlsx
5 0
2 years ago
A(n) ________ is defined as a tangible good, service, idea, or some combination of these that satisfies consumer or business cus
lana66690 [7]

A <u><em>product </em></u>is defined as tangible goods, services, ideas, or some combination of that satisfies the consumer.

Tangible good:

Tangible goods are any items that can be physically touched, moved, seen, weighed, measured, or picked up. A car, printed book, clothing, tools, flowers, furniture, or DVDs are just a few of many examples of tangible goods.

Intangible or Abstract goods;

An intangible good is claimed to be a type of good that does not have a physical nature, as opposed to a physical good (an object). Digital goods such as downloadable music, mobile apps, or virtual goods used in virtual economies are proposed to be examples of intangible goods.

For more questions like Tangible products visit the link below:

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3 0
1 year ago
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