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puteri [66]
3 years ago
6

On the date of purchase, Skywalker's inventory and buildings and equipment had fair values of $255,000 and $870,000, respectivel

y. Based on the information given above, the amount to be reported for inventory in the consolidated balance sheet immediately after the
Business
1 answer:
Whitepunk [10]3 years ago
7 0

Answer:

Inventory to be shown in balance sheet = $955000

<u>Explanation:</u>

According to the given data:

Fair value of Skywalker’s inventory = $255000

Fair value of Skywalker’s buildings and equipment is = $870000

Calculation of amount to be reported for inventory in consolidated balance sheet is as follows:

Inventory = ($700000 + $255000)

              = $955000

Note: Inventory of parent company and subsidiary company is to be added in preparing consolidated balance sheet

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Answer: The answer is provided below

Explanation:

1. Underfinancing: One main reason that cause budget overrun and less than expected benefits is underfinancing. Allocation of an adequate amount of budget to project at the beginning will lead to a budget overrun or failure.

2. Unfeasible Cost Estimates: Estimation of cost is a vital process in a project and another common reason for budget overrun. When the cost is calculated by inexperienced or unqualified personnel, the project is going to face budget overruns.

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4. Lack of Resource Planning: When one fails to plan the resources that are available effectively, then this would lead to a budget overrun and less benefits. A common mistakes that cause overrun is failure to estimate the resources which would be utilized during the project.

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3 years ago
When Elizabeth was asked to be the after-dinner speaker for the senior honors dinner, she responded with great enthusiasm. She v
Helga [31]
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Uses benefit segmentation to target students who want to get an MBA degree while still working full-time would most likely focus
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yes daddy   Explanation:

6 0
2 years ago
Cushman company, inc. had $812,000 in net sales, $355,250 in gross profit, and $203,000 in operating expenses. cost of goods sol
ch4aika [34]
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6 0
3 years ago
An entrepreneur establishes a social justice online retail company. The company purchases authentic artwork, jewelry and crafts
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Answer:

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