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koban [17]
3 years ago
12

Shane is looking for ways to get more capital for his appliance sales and service business. he is very protective of his company

's information and fears that it will get into the wrong hands. shane would probably not want to
Business
1 answer:
Nitella [24]3 years ago
6 0
<span>Shane, who is interested in new ways to get more capital for his business that sells and services appliances, is highly protective of his company's information and often worries that it may fall into the wrong hands. With this state of mind, Shane is likely not interested in incorporating his money</span>
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Pesto Company possesses 80 percent of Salerno Company’s outstanding voting stock. Pesto uses the initial value method to account
hichkok12 [17]

Answer:

The retainesd earnings figure will increase by 464,400 dollars

Explanation:

<em><u>Parent Company premium: </u></em>

Premium: 750,000 / 20 years = 37,500 depreciation per year

unamortized portion at Dec 31th 2013:

amortized: 750,000 - 37,500 x 4 years = 150,000

unarmortized: 750,000 - 150,000 = 600,000

We must reverse 40% of the premium as is within the same company:

600,000 x 40% = 240,000

<u><em>Subsidiary Discount:</em></u>

16,500,000 X 40% = 6,600,000

Purchase at 96.6

Discount of 3.4 = 6,600,000 x 3.4% = 224,400

We must reverse this as is part of the same company.

In total retained earnings will increase by

240,000 + 224,400 =  464,400 dollars

8 0
3 years ago
What are the elements of a compensation package
sammy [17]

well there is 10 key elements of a compensation package which are..

base salary

annual/ quarterly bonus

other bonus

stock options

stock units

401k contribution

health and wellness

life and accident insurance

other insurance

perks

8 0
3 years ago
Prime Corporation liquidates its ​85% owned subsidiary Bass Corporation under the provisions of Secs. 332 and 337. Bass Corporat
aliya0001 [1]

Answer:

$20000 gain for John Corporation and $10000 loss for Bass Corporation.

Explanation:

John Corporation gain(loss) = FMV of property - Liability assumed - Stock basis

                                               = 55000-10000-25000

                                               = 20000

Bass Corporation gain/loss = 55000-65000

                                              = - 10000

Therefore,  $20000 gain for John Corporation and $10000 loss for Bass Corporation.

5 0
3 years ago
Kaplan, Inc. produces flash drives for computers, which it sells for $27 each. The variable cost to make each flash drive is $13
notka56 [123]

Answer:

Break even sales will be $2700

So option (b) will be correct option

Explanation:

We have given fixed cost = $1400

Sells per unit = $27 each

And variable cost per unit = $13 each

So contribution margin ratio =\frac{sales\ per\ unit-variable\ cost\ perunit}{sales\ per\ unit}=\frac{27-13}{27}=0.5185

We know that break even sales is given by

Break even sales =\frac{fixed\ cost}{contribution\ margin\ ratio}=\frac{1400}{0.5185}=$2700

So option (b) will be correct answer

6 0
2 years ago
A performance obligation is:
ANEK [815]

Answer:

.

Explanation:.

5 0
3 years ago
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