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liraira [26]
3 years ago
8

On January 1, 20X4, Plimsol Company acquired 100 percent of Shipping Corporation's voting shares, at underlying book value.

Business
1 answer:
ArbitrLikvidat [17]3 years ago
4 0

Answer:

Explanation:

The first step is to determine the income to be carried forward:

The diagram is attached.

Therefore, the amount of consolidated retained earnings is (a.) $235,000

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An operating lease has unequal payments over the lease term. During the first year, the payment is $14,000; total payments over
Angelina_Jolie [31]

Answer: $8000

Explanation:

Amortization refers to the practice whereby the cost of an intangible asset is spread over the useful life of the asset. Amortization is used to lower the book value of an intangible asset or loan over a particular period of time.

Based on the information given in the question, the amortization of the right-to-use asset for year 1 should be:

= Installment - Interest

= $14000 - $6000

= $8000

4 0
3 years ago
The Andersons have contracted with a minimum-services real estate broker to assist them in marketing their home. By law their br
atroni [7]

Answer:

A. to instruct another broker to negotiate an offer with the sellers on his behalf

Explanation:

Brokers job includes facilitation of a variety of business transactions, such as real estate deals, by acting as a middle man between the parties involved. The broker acts as an agent for the client and charges the client certain amounts for his service.

By law a broker can not ask another broker to help him negotiate an offer. All other options in the question are duties of the broker

6 0
3 years ago
10/12/2020
zhuklara [117]

Answer:

the answer is C

Explanation:

i just did Edgenuity

6 0
3 years ago
The internal growth rate of a firm is best described as the ______ growth rate achievable ______
White raven [17]

The internal growth rate of a firm is best described as the: Minimum growth rate achievable assuming a 100 percent retention ratio.

<h3>What is internal growth rate of a firm?</h3>

An internal growth rate can be described as the highest level of growth that can be gotten by a  business without obtaining outside financing.

it should be noted that the  firm's maximum internal growth rate is the level of business operations can persistently  fund , hence The internal growth rate of a firm is best described as the: Minimum growth rate achievable assuming a 100 percent retention ratio.

Learn more about growth rate at:

brainly.com/question/25630111

#SPJ1

5 0
2 years ago
Piedmont Hotels is an all-equity company. Its stock has a beta of .94. The market risk premium is 7.5 percent and the risk-free
Liula [17]

Answer:

Required rate of return for the project = 9.7%

Explanation:

The risk-adjusted discount factor = cost of equity + the adjustment

Cost of equity can be calculated using the capital asset pricing model CAPM

Using the CAPM , the rate of return on equity can be determined as follows:

E(r)= Rf +β(Rm-Rf)

E(r) =? , Rf- 3.3%, Rm- 7.5%, β- 0.94

Cost of equity = Rf + β (Rm -Rf)

Cost of equity = 3.3% + 0.94×(7.5-3.3)= 7.248

The risk-adjusted discount factor=  7.248 + 2.5= 9.748

Required rate of return for the project = 9.7%

8 0
4 years ago
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