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3 years ago

Lesson 3: Unit 4 Activity INTO ENTER A 5967 Unit 4: Creating a Business Plan

Business

1 answer:

aalyn [17]3 years ago

5 0

Try powerpoint if that doesnt work im sure you can find some at google

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The amortization of fair value allocations totaled $60,000 in 2020. Not including its investment in Harbor, Femur Co. had its ow

kaheart [24]

Answer:

Noncontrolling interest's share of the earnings = $132,000

Explanation:

Missing information;

Share of Femur Co. acquired = 70%

Amount of amortization of fair value in 2020 = $60,000

Revenues in 2020 = $2,500,000

Expenses in 2020 = $2,000,000

Find:

Noncontrolling interest's share of the earnings

Computation:

Noncontrolling interest's share of the earnings = [$2,500,000 - $2,000,000 - $60,000][1-70%]

Noncontrolling interest's share of the earnings = [440,000][0.3]

Noncontrolling interest's share of the earnings = $132,000

6 0

3 years ago

An investment of $5000 in biotech common stock proved to be very profitable. at the end of 3 years the stock was sold for $25,00

Andrew [12]

Thank you for posting your question here at brainly. The rate of return on the invest is 500%.

ROI is usually expressed as a percentage and is typically used for personal financial decisions, to compare a company's profitability or to compare the efficiency of different investments. The return on investment formula is: ROI = (Net Profit / Cost of Investment) x 100.

therefore: 25,000/ 5000 = 5 x 100 = 500%

5 0

3 years ago

A property is sold for $350,000. The buyer has paid $12,000 as earnest money and is obtaining a 70% loan. Based on the informati

Zolol [24]

Answer:

$93,000

Explanation:

Data provided in the question:

selling cost of the property = $350,000

Earnest money paid = $12,000

Percentage of loan obtained = 70%

Now,

The amount of loan obtained = 70% of $350,000

= $245,000

Therefore,

Amount to be paid by self

= selling cost of the property - amount of loan obtained

= $350,000 - $245,000

= $105,000

Thus,

Additional cash the buyer will have to bring to the closing day

= Amount to be paid by self - Earnest money paid

= $105,000 - $12,000

= $93,000

7 0

3 years ago

Lawson Manufacturing Company has the following account balances at year end:

soldi70 [24.7K]

Answer:

C) $195,000.

Explanation:

Calculation for the amount that Lawson should report as inventories in its balance sheet

Raw materials 27,000

Add Work-in-process 59,000

Add Finished goods 109,000

Inventories $195,000

Therefore the amount that Lawson should report as inventories in its balance sheet will be 195,000

7 0

3 years ago

Waterway Industries records purchases at net amounts. On May 5 Waterway purchased merchandise on account, $82000, terms 2/10, n/

worty [1.4K]

Answer:

$1,500

Explanation:

The computation of the amount adjusted on May 31 is shown below:

= (Purchase value of the merchandise - returned goods) × discount rate

= ($82,000 - $7,000) × 2%

= $1,500

The terms 2/10, n/30 represent the 2% discount is given if the payment is made within 10 days and the net days provided is 30 days

So, the amount adjusted is $1,500

5 0

3 years ago