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2 years ago

The following book and fair values were available for Westmont Company as of March 1.

Business

1 answer:

-BARSIC- [3]2 years ago

8 0

Answer:

DR Inventory $609,000

Land $1,086,750

Buildings $2,138,250

Customer Relationships $842,250

Goodwill $965,750

CR Accounts Payable $102,000

Common Stock $56,400

Additional Paid-In Capital $1,353,600

Cash $4,130,000

Working

Common Stock = 28,200 shares * $2 = $56,400

Additional Paid in Cap = 28,200 shares * ( 50 - 2) = $1,353,600

DR Additional Paid-In Capital $32,400

CR Cash $32,400

DR Professional Services Expense $49,800

CR Cash $49,800

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Answer:

Analysis Paralysis

Explanation:

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2 years ago

Government survey takers determine that typical family expenditures each month in the year designated as the base year are as fo

valentina_108 [34]

Answer:

CPI = NEW PRICE / OLD PRICE = 776 / 760 = 1.02

INFLATION = CPI / OLD PRICE x 100 = 1.02 / 760 x 100 = 0.13%

Explanation:

Government survey takers determine that typical family expenditures each month in the year designated as the base year are as follows:

• 25 pizzas, $10 each •

Apartment rent, $600 per month

• Gasoline and car maintenance, $100 per month

• Phone service (basic service plus 10 long-distance calls), $50 per month In the year following the base year,

the survey takers determine that pizzas have risen to $11 each, apartment rent is $610, gasoline and maintenance costs are $115, and phone service has dropped in price to $40.a. Find the CPI in the subsequent year and the rate of inflation between the base year and the subsequent year.

ITEM OLD PRICE NEW PRICE

pizzas, $10 $11

Apartment rent, $600 $610

Gasoline $100 $115

Phone service $50 $40

TOTAL. 760 776

CPI = NEW PRICE / OLD PRICE = 776 / 760 = 1.02

INFLATION = CPI / OLD PRICE x 100 = 1.02 / 760 x 100 = 0.13%

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2 years ago

The moral case for why a company should actively promote the betterment of society and act in a manner benefitting all its stake

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The answer to this question is goes down "it is the right thing to do". In the company, many time during the decision-making time, the moral case for why a company should actively promote the betterment of society and act in a manner benefitting all its stakeholders go down or boil down to it is the right thing or the good thing to do.

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3 years ago

Jones Co. started the year with no inventory. During the year, it purchased two identical inventory items at different times. Th

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Answer:

FIFO LIFO Weighted average

Cost of goods sold 1,060 1,380 (1,060 + 1,380)/2 = $1,220

Ending inventory 1,380 1,060 (1,060 + 1,380)/2 = $1,220

Explanation:

Attached is the tabulated solutions

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2 years ago

1. Purposeful behavior suggests that: A. everyone will make identical choices. B. resource availability exceeds economic wants.

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The answer is C. Purose full behavior states that people make decisions with a desired outcome in mind, taking all the losses and benefits into consideration.

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3 years ago