Answer:
The $623,100 is the amount which should be used as the initial cash flow for this project
Explanation:
The computation of the initial cash flow is shown below:
= Estimated cost of a new facility on the site + market value of a lot
= $494,200 + $128,900
= $623,100
The asset value should be recorded in the market value so we took the estimated cost and the market value in the calculation part.
The other cost which is given in the question is irrelevant. Thus, it is not considered in the computation part.
Answer:
$372,000
Explanation:
The computation of the amount to be reported in the balance sheet is shown below:
= Number of shares of common stock × fair value of the Papa stock on that date per share
= 6,200 shares × $60
= $372,000
Since in the question it is given that the Nana company does not have significant influence over Papa Company which means that the net income, retained earning, dividend is not be considered.
Therefore, the investment should be reported at the fair value
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
The answer is 2 times.
Accounts recievable turnover ratio = net sales / average accounts recievable
=1,000,000 ÷ (700,000+300,000 ÷ 2)
D.) A cooperative lending institution for a particular group.
Typically, you must be a member to participate in a credit union.
