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
Eric is an hr manager at communication connections. which task would he perform as a part of the human resource planning process
artcher [175]

Forecasting future human resource requirements for his company is a part of the human resource planning process.

Forecasting is the method of making predictions based totally on past and present statistics. Later those can be compared to what takes place. For example, an agency may estimate its sales within the next year, then examine it against the actual consequences. Prediction is similar, but the extra preferred time period.

Forecasting is a way that uses historic statistics as inputs to make informed estimates which can be predictive in determining the course of destiny traits. Businesses utilize forecasting to decide on a way to allocate their budgets or plan for expected expenses for an upcoming time frame.

There are 4 trendy steps in the Human Resource Planning process: identifying the modern supply of personnel, determining the future of the body of workers, balancing between labor supply and demand, and developing plans that help the employer's goals.

Learn more about Forecasting here brainly.com/question/23009258

#SPJ4

7 0
1 year ago
Purposely understaffing customs offices to cause time delays, requiring special licenses that take a long time to obtain, and re
crimeas [40]

Answer: B Administrative delays

Explanation:

Administrative delay means: any Governmental Entity’s failure to act within a reasonable time, in keeping with standard practices for such Governmental Entity, or within the time contemplated in the Interagency Cooperation Agreement, the Planning Cooperation Agreement, any of the Land Acquisition Agreements, the Tax Allocation Agreement, any Acquisition and Reimbursement Agreement.

7 0
3 years ago
Read 2 more answers
Flannery Corporation owns machinery with a book value of $520,000. It is estimated that the machinery will generate future cash
Aleonysh [2.5K]

Answer:

(d)$105,000.

Explanation:

Since the book value is more than the generated future cash flows so book value cannot be recovered. In this case, the generated future cash flows are ignored  

In this scenario, we compare the values between book value and the fair value of machinery, the difference would be the loss on impairment of the asset

In mathematically,  

= Book value of machinery - fair value of machinery

= $520,000 - $415,000

= $105,000

5 0
3 years ago
The three-letter code that summarizes your three strongest career types is called your
lorasvet [3.4K]
I think it's called the Holland code.
8 0
3 years ago
Read 2 more answers
Q 8.3: When would a credit card holder be entitled to lower interest charges? A : When the card company calculates finance charg
Yanka [14]

Answer: Option  C  

       

Explanation: The given question relates to the concept of time value of money which in simple words states that the value of money decreases over time. The value of a dollar today will be less than tomorrow.

Hence if a card holder gets grace period to pay the interest before the interest accrues than it means he actually gets to pay lower interest that he could have paid before.

Hence from the above we can conclude that the correct option is C.

5 0
3 years ago
Other questions:
  • Hi I need help for this please help me out... this is my final week Assignment it's a career course, I don't want to fail!!! I w
    8·1 answer
  • Gerome Houser is a pastry chef at McKay’s Eatery. His annual salary is $45,623. His benefits include $1,755 for two weeks of vac
    9·1 answer
  • After enrolling in Medicare and purchasing a supplement, Rachel withdrew $2,000 from her HSA. She used $600 to pay her Medicare
    14·1 answer
  • Roland Company uses special strapping equipment in its packaging business. The equipment was purchased in January 2016 for $10,0
    11·1 answer
  • On a public ballot, a state legislature places a question relating to legalization of marijuana for medicinal use. In addition,
    9·2 answers
  • Consider the following income statement for the Heir Jordan Corporation: HEIR JORDAN CORPORATION Income Statement Sales $47,600
    11·1 answer
  • Which of the following statements is correct? Multiple Choice Interest rates and bond prices vary directly. Interest rates and b
    15·1 answer
  • Strafford Inc. elected to use the nature of distribution approach for distributions from its equity-method investment purchased
    12·1 answer
  • Four activities or services that make trade easy ​
    9·1 answer
  • Did yall know Kanye West was running for president?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!