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san4es73 [151]
3 years ago
7

If a 30% acquisition is made at a price above book value due to an undervalued patent and the investor has significant influence

over he investee, what will be the relationship between the Equity Investment account and the investee's stockholders' equity? Select one: A. The Equity Investment account balance will equal 30% of investee's stockholders' equity at date of acquisition, plus the unamortized cost of the patent. B. The Equity Investment account will remain at original cost even as the investee's stockholders' equity increases. C. There is no particular relationship. D. The Equity Investment account balance will equal 30% of investee's stockholders' equity throughout the life of the investment.
Business
1 answer:
erma4kov [3.2K]3 years ago
7 0

Answer:

A. The Equity Investment account balance will equal 30% of investee's stockholders' equity at date of acquisition, plus the unamortized cost of the patent.

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aleksley [76]

Answer:

Option (d) is correct.

Explanation:

Given that,

Direct materials = $44,200

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Conversion cost:

= Direct labor + Manufacturing overhead

= $31,800 +$25,200

= $57,000

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$26,110

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See attached file

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3 years ago
Explain how a country could have a deficit on its primary income but a current account surplus. 4 marks​
Tatiana [17]
<h2>The following are the reasons for how a country could have a deficit on its primary income but a current account surplus:</h2>

  • The identified and associated sources of primary income would be different than the sources of financial activities that reflect their collection in the current account.
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____ is a planning process falling under the Project Integration Management knowledge area. Schedule development Develop project
lianna [129]

Answer:

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So developing a project management plan is a process that fall under integration management as defined.

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shusha [124]

Answer:

It is the Cost of Goods Manufactured that should be transferred to the Finished Goods account. As both of them are asset account, adding to the Finished Goods account would debit it and taking from the Work in Process account would credit it.

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XX-XX-XXX     Finished Goods                                $1,469,000

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