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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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Fev and Company has a projected balance sheet that includes the following accounts. Cash $ ? Marketable securities 228,000 Accou
Thepotemich [5.8K]

Answer:

C. $ 344,000

Explanation:

In the balance sheet, the assets, liabilities, and stockholder equity is recorded. In this the accounting equation is used which is shown below:  

Total assets = Total liabilities + stockholder equity  

which equals to

Total assets = $1,570,000 + $2,382,000

                    = $3,952,000

And, the total assets equal to

Total assets = Cash + Marketable securities + Accounts receivable + Inventory + Non-current assets

$3,952,000 = Cash + $228,000 + $860,000 + $490,000 + $2,030,000

$3,952,000 = Cash + $3,608,000

So, the cash would be

= $344,000

7 0
3 years ago
Ben bought a desk for $249.99. the sales tax rate was 6.25%. how much did ben pay for the desk? round your answer to the nearest
Lemur [1.5K]
Ben paid the value of the item + sales tax 
Sales tax = 6.25% of worth of item.  
Sales tax = (6.25/100) * 249.99 = $15.62. 
Hence Ben paid $249.99 + $15.62 = $265.61 
To the nearest cent he paid $265.60
3 0
3 years ago
One of the four most fundamental factors that affect the cost of money as discussed in the text is the current state of the weat
borishaifa [10]

GOOGLE DUH IT 2019 PEOPLE AND ARETN U SUPPOSE TO BE IN SCHOOL KIDDO

3 0
3 years ago
To avoid potential liability for misconduct in corporate operations, directors can refrain from reasonable supervision of work d
Ber [7]

Answer:

c. corporate officers.

Explanation:

In the case when the potential obligation is to be avoided for any misconduct while having operations in the corporate so the directors could refrain from the supervision of the delegated work to the corporate officers so that the work could not harm that result in help in attains the goals & objectives

Therefore the option c is correct

4 0
2 years ago
Western Wear Clothing issues 3,000 shares of its $0.01 par value common stock to provide funds for further expansion. Assuming t
Komok [63]

Answer:

The journal entry for the issuance of the common stock is shown below:

Explanation:

Cash A/c.............................................Dr    $33,000

     Common Stock A/c........................Cr   $30

     Paid in Capital A/c...........................Cr   $32,970

Working Notes:

Cash = Number of shares × Issue Price

= 3,000 × $11

= $33,000

Common Stock = Number of Shares × Par Value

= 3,000 ×  $0.01

= $30

Paid in Capital = Cash - Common stock

= $33,000 - 30

= $32,970

3 0
2 years ago
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