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UkoKoshka [18]
3 years ago
10

Determine allison's december 31, 2018, investment in mathias balance.

Business
1 answer:
bagirrra123 [75]3 years ago
4 0
Allison Corporation acquired all of the outstanding voting stock of Mathias, Inc., on January 1, 2017, in exchange for $6,059,500 in cash. Allison intends to maintain Mathias as a wholly owned subsidiary. Both companies have December 31 fiscal year-ends. At the acquisition date, Mathias’s stockholders’ equity was $2,045,000 including retained earnings of $1,545,000
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4 0
3 years ago
A bond has a $1,000 par value, 20 years to maturity, and a 5 nnual coupon and sells for $860. What is its yield to maturity (ytm
o-na [289]

Its annual compound yield to maturity (YTM)  is $881.00

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First, find YTM

N = 20

I = YTM

PV = -860

PMT = 50

FV = 1000

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The price after 5 years is nothing but the future value of the bond after 5 years

N = 5

I = YTM = 6.245

PV = -860

PMT = 50

FV = $881

So the answer is $881.00

Learn more about annual compound here brainly.com/question/24274034

#SPJ4

8 0
1 year ago
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8 0
3 years ago
The Ricardian equivalence theorem states that
motikmotik

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5 0
3 years ago
A sole proprietor has limited liability
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Answer:false

Explanation: idk I only know the answer

8 0
3 years ago
Read 2 more answers
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