1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
oksano4ka [1.4K]
3 years ago
8

Pharoah Corporation has the following long-term investments. (1) Common stock of Eidman Co. (10% ownership), cost $102,500, fair

value $109,500. (2) Common stock of Pickerill Inc. (30% ownership), cost $202,500, equity $252,500. (3) Debt investment, cost $92,500, fair value $152,500.Prepare the investments section of the balance sheet.
Business
1 answer:
Step2247 [10]3 years ago
8 0

Explanation:

The preparation of the investment section of the balance sheet is presented below:

                                    Pharoah Corporation

                                     Investment section

Fair value of investment in cost $109,500

Fair value of investment in equity $252,500

Fair value of the debt investment $152,500

Total value of investment              $514,500

You might be interested in
Rainbow Co. began operations in 2019 and reported $600,000 in income before income taxes for the year. Rainbow’s 2019 tax deprec
cricket20 [7]

Answer:

30.000

Explanation:

Income before taxes  $300,000

Timing difference between books and Tax (A) $100,000

Permanent difference cannot be considered for calculation of Differed tax liability or Deferred tax asset $40,000 (B)  is zero

Total Timing deference (C=A+B)  $100,000

Tax rate enacted for future (D)  30%

<h2>Differed tax liability (C*D)  $30,000 </h2>

<h2></h2>

4 0
3 years ago
a city or county’s master plan is an example of government land-use controls where the authority is derived from the government’
Elina [12.6K]

it is derived from the government’s Police Power  According to United States constitutional law, the police power is the ability of the states to control conduct and uphold law and order on their soil for the benefit of their citizens' general welfare, safety, morals, and general well-being.

<u>What </u><u>elements </u><u>make up </u><u>police power?</u>

  • The use of police authority has historically entailed the ability to
  • (1) advance public health, morality, or safety, as well as the community's overall well-being;
  • (2) create and enforce laws to advance the common welfare; and
  • (3) restrict private rights in the public interest.

To Learn more about police power, click the links.

brainly.com/question/2863065

#SPJ4

4 0
1 year ago
What are renewable energy sources?
Molodets [167]

Energy sources that will never run out. Such as, light, air, and water. But it can be ruined. I didnt Google any of this. Please give me brainliest, I just need one more to lvl up!

3 0
2 years ago
Read 2 more answers
Of the following activities which is MOST likely to be an interaction between the financial manager and the information systems
ryzh [129]

Answer:

The correct answer is the option A: Developing a system to bill customers, pay suppliers and track inventory.

Explanation:

First of all, an<em> information systems manager</em> has the job of creating, developing and monitoring information systems that could possibly help the organization in its entire structure to improve its performance and therefore that manager focuses in the importance of information as an asset and how could it supports the decision making process for the other executives.

Second of all, a <em>financial manager</em> has the responsability to care about the health of the institution regarding subjects involving money and all of the companies assets. That manager must focuses in the organization of the resources that could help the organization to achieve its goal and how to use them in a proper way.

Finally, in the situation where both of those managers interact together, the main purpose will be to develop an information system, created by the information system manager, that could help the organization to gather information regarding the payment to suppliers, the track of inventory and the bill of customers due to the fact that a system with all that information will help the financial manager to take decisions more properly in order to achieve success.

4 0
3 years ago
The common denominator for decisions on service processes is _______, but for manufacturing processes it is _______
igomit [66]

The common denominator for decisions on service processes is customer contact while but for manufacturing processes, it is product variety.

<h3>What is a common denominator?</h3>

This refers to the feature that is shared by all members, item, quantity of a subject matter.

Hence, the common denominator for decisions on service processes is customer contact while but for manufacturing processes, it is product variety.

Read more about common denominator

<em>brainly.com/question/542317</em>

#SPJ12

5 0
1 year ago
Other questions:
  • Is wearing glasses all the time bad?
    6·1 answer
  • _____ studies the whole economy, such as investments made by all consumers and businesses.
    8·2 answers
  • Mark is a famous syndicated radio personality for talkradio. he has a distinctive voice and manner of speaking. moretalk hires g
    6·1 answer
  • What do individual shareholders gain when they buy shares of a company’s stock?
    13·1 answer
  • According to your text, the best means of using direct foreign investment to attract new sources of demand is probably to
    9·1 answer
  • Ryan orders 16 dozen fishing lures from Strike Right for $375. When he gets the invoice, he is furious that $25 in freight charg
    15·1 answer
  • You were visiting your grandpa and you happened to find $5000 stashed in an old shoe box. he told you that he had been saving th
    7·1 answer
  • Discuss the causes of changes in a currency swaps value over time. Is it possible to close out a currency swap before it reaches
    10·1 answer
  • A pharmacy has determined that a healthy person should receive 70 units of proteins, 100 units of carbohydrates and 20 units of
    13·1 answer
  • Companies typically prepare ______ financial statements each accounting period.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!