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balu736 [363]
3 years ago
11

The acquisition value attributable to the non-controlling interest at January 1, 2019 is: A) $23,400. B) $24,000. C) $24,900. D)

$26,000. E) $20,000.

Business
1 answer:
erastova [34]3 years ago
7 0

Answer:

D) $26,000

Explanation:

The computation of the acquisition value associated with the non-controlling interest is shown below:

= Cash ÷ acquiring percentage × non- owning percentage

= $234,000 ÷ 0.90 × 0.10

= $26,000

It is computed by simply applied the above formula so that the acquisition value in case of non controlling interest could arrive and the same is to be considered

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You invest $1,000 now, at an annual simple interest rate of 6%. What is the effective rate of interest in the fifth year of your
Delvig [45]

Answer:

The effective rate of interest in the fifth year is 6.15%

Explanation:

Mathematically, the effective rate of interest can be calculated as follows;

Reff = (1 + r/y)^y - 1

where;

r is the interest rate = 6% = 6/100 = 0.06

y is the period = 5 years

Substituting these values;

Reff = (1 + 0.06/5)^5 - 1

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3 0
3 years ago
Which of the following statements is TRUE with regard to gross margin?
Naddik [55]

ANSWER: (A)

EXPLANATION: Gross margin is the difference between revenue and cost of goods sold divided by revenue. Gross margin is expressed as a percentage. Generally, it is calculated as the selling price of an item, less the cost of goods sold. Gross Margin is often used interchangeably with Gross Profit, but the terms are different.

7 0
4 years ago
Chicago Investors, Inc. is interested in preserving a certified historic structure in downtown Chicago in 2019. The building wil
zloy xaker [14]

Answer:

correct answer is a. $4,045,400

Explanation:

given data

building cost = $2,000,000

Rehabilitation cost =  $2,500,000

discount rate  = 5%

factor = 3.546

solution

we get here after-tax cost after claiming the Rehabilitation

so first we get here total cost that is = $2,000,000  + $2,500,000

total cost  = $4,500,000

and here tax saving by credit will be

tax saving by credit = $2,500,000 × 20%

here 20% credit is allow for qualify expenditure that is made to rehabilitate

tax saving by credit  = $500,000

and here credit spread for 5 year it mean $100,000 per year

so here Current year credit is = $100,000

and Present value of credit for the years 2-5  = $100,000 × annuity factor

= $100,000 ×  3.546 =  $354,600

so here Present value of credit will be  = $354,600  + $100,000  

Present value of credit = $454,600

and

After tax cost of credit will be as

After tax cost of credit = $4,500,000 - $454,600

After tax cost of credit = $4,045,400

8 0
3 years ago
A lease includes a provision saying that a tenant who needs to break their lease can find someone else to take over the remainde
tiny-mole [99]

A clause in a lease states that a tenant who must break their lease may locate another person to take over the remaining terms of the agreement; this process is known as a<u> sublease</u>.

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When a leasehold estate is of the estate at will variety, occupation is for an ambiguous period of time and is terminable by either the landlord or the tenant.

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brainly.com/question/15609473

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4 0
2 years ago
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