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3 years ago

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

1 answer:

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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The international Fisher effect is the difference in nominal interest rates across countries reflecting the difference in expected rates of inflation in those countries.

<h3>What does the Fisher effect show?</h3>

It shows that the nominal rate of interest in a nation usually follows the inflation rate because an inflation-adjusted rate needs to be formed.

This then leads to a change in exchange rates between countries because the difference in nominal rates shows the difference in inflation which is what devalues or appreciates a currency.

Find out more on the fisher effect at brainly.com/question/16036767.

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2 years ago

In order to accurately assess the capital structure of a firm, it is necessary to convert its balance sheet figures from histori

pychu [463]

Answer:

$19,708,745

Explanation:

We first have to calculate the present value of the bonds:

Nper = 20 (10 years x 2 payments per year)

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Payment = 83 / 2 = 41.50

Future value = 1,000

PV = ?

To calculate the present value we can use an excel spreadsheet and the present value function =PV(5.5%,20,41.5,1000) = $838.67

Now we calculate how many bonds were issued = $23,500,000 / $1,000 = 23,500 bonds.

To determine the market value of the debt outstanding we multiply the present value of the bonds times the total number of bonds outstanding

= $838.67 x 23,500 = $19,708,745

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3 years ago

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Artemon [7]

Answer:

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growth of manufacturing

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3 years ago

Read 2 more answers

Purchases Journal The following purchase transactions occurred during March for Rehoboth, Inc.:

gtnhenbr [62]

Answer:

See the explanation section.

Explanation:

Mar. 4 Cleaning supplies debit = $77

Accounts payable - Health-Rite Supplies credit = $77

<em>To record the purchase of supplies.</em>

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Accounts payable - office Warehouse Credit = $3,750

<em>To record the purchase of office equipment on account.</em>

Mar. 23 Cleaning supplies Debit = $224

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<em>To record the purchase of supplies.</em>

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3 years ago