Answer:
The $60,000 amount of inventory will be included in the consolidated balance sheet immediately following the acquisition
Explanation:
According to the accounting principles, the inventory is recorded at the cost or fair market value whichever is lower.
The inventory balance which is given in the balance sheet is $75,000
And, its fair market value is $60,000
So, the inventory would be recorded at 60,000
The other items which are given in the question are irrelevant. Therefore, we don't consider them in the computation part. Thus, we ignored them.
Hence, the $60,000 amount of inventory will be included in the consolidated balance sheet immediately following the acquisition
Current date in the top right-hand corner in most cases, you’ll use today’s date.On the line that says pay to the order of write the name of the person or organization you’re paying. Write the amount of your payment in the small box on the right hand side. Write out the amount using words to avoid fraud and confusion. Sign the check legibly on the line in the bottom-right corner. If you like include a note
Answer: Banks transfer money from savers to borrowers by holding deposits and lending excess reserves. Banks also create money by making loans of excess reserves.
Explanation: Those are two primary functions.
Answer:
2 year yield 4 years from now = 11.0%
Explanation:
2 year yield 4 years from now = [ ( 1 + 0.0795)^6 / ( 1 + 0.058)4]1/2 - 1
2 year yield 4 years from now = [ 1.50073 / 1.286466]1/2 - 1
2 year yield 4 years from now = 1.011 - 1
2 year yield 4 years from now = 11.0%
