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Ipatiy [6.2K]
3 years ago
6

Mrs. Larkin rents an apartment to a couple who argue continually, disturbing other tenants. Without going through the lawful evi

ction procedure in court, one day she waits until the couple is out of town and changes all the locks. What has occurred?
A. a constructive eviction
B. an actual eviction
C. an easement
D. a variance
Business
1 answer:
natima [27]3 years ago
6 0

Answer:

B.  an actual eviction

Explanation:

Actual eviction -

It refers to the process of getting rid of the tenant by the landlord, for any violation, is referred to as actual eviction.

It is a completely legal practice, where it the landlord is not not comfortable with the tenant or if the tenant violates any rules, then the landlord has the legal right to remove the person.

Hence, from the given question,

As the tenant usually disturbs the neighbors and argues, hence the landlady, Mrs, Larkin has the right to remove them, according to actual eviction.

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On Sept 9, Daniels Corporation earns $2,000 by performing consulting services. Their customer said that she would pay next month
anyanavicka [17]

Answer:

The answers are:

A) Consulting revenue should be listed below the debited account as it is credited.

C) Accounts payable is not involved in this transaction.

D) The Consulting revenue account should be indented, as it is credited.

E) The correct account that should be debited is the Accounts receivable account.

Explanation:

4 0
3 years ago
On january 1, 2017, holland corporation paid $9 per share to a group of zeeland corporation shareholders to acquire 60,000 share
Illusion [34]

Answer:

Explanation:

a  Consideration transferred  by                                            $540,000

        Holland ($9.00 x 60,000 shares)

        Fair value of the non-controlling                                                  320,000

        interest ($6.50 x 40,000 shares)

       Total Zeeland fair value at January 1, 2017                        $860,000

       Zeeland book value at January 1, 2017                           320,000

      Excess acquisition-date fair over book value                $540,000

      To equipment (5-year remaining life)                  $50,000  

       To patent (10-year remaining life)                          420,100           470,100

       Goodwill                                                                                   $69,900

       Goodwill allocation:                                       Holland                NCI

       Acquisition-date fair value                               $540,000       $320,000

       Share (60% and 40%) of identifiable *               474,060         316,040

        net assets

        Goodwill allocation                                      $65,940        $3,960

       *Zeeland identifiable net assets at acquisition-date fair value:  

       Current assets                                                  $15,700  

       Property and equipment ($329,700 + $50,000)  379,700  

       Patents ($212,100 + $420,100)                             632,200  

       Liabilities                                                             (237,500)  

       Total fair value of net identifiable assets              $790,100

b       Investment in Zeeland  

              Initial value                                                      $540,000  

            Change in Zeeland’s RE × 60%  

             ($439,400 – $220,000) × 60%                          131,640  

            Excess amortization ($52,010 × 60% × 2 yrs.)         (62,412)  

            Investment in Zeeland 12/31/18                          609,228

         HOLLAND CORPORATION AND ZEELAND CORPORATION

           Consolidation Worksheet

        For Year Ending December 31, 2018

         Consolidation Entries Noncontrolling Consolidated

Accounts     Holland Zeeland       Debit      Credit      Interest         Totals

Sales    ($582,600) ($445,500)         ($1,028,100)

Cost of    295,400 208,500                           $503,900

goods sold

Depreciation 73,000 32,300      E   10000                   115,300

expense

Amortization  15,700 19,300      E    42010             77,010

expense

Other operating 58,800   58,400               117,200

expenses

Equity in Zeeland  -44,994  0       I      44994         0

earnings

Separate company ($184,694)   ($127,000)

net income      

Consolidated net income             ($214,690)

Noncontrolling interest in CNI             (29,996)    29,996

Controlling interest net income             ($184,694)

Retained earnings ($821,900)  ($342,400) S 342400        ($821,900)

, 1/1/18

Net income       -184,694   -127,000          ($184,694)

Dividends declared 50,000 30,000        D   18000 12000 50000

Retained earnings, ($956,594) ($439,400)         ($956,594)

12/31

Current assets $126,700 $98,500           $225,200

Investment in  609,228              0         D  18000  S  265,440

Zeeland, Inc  

                                                                                        A1 250854  

                                                                                       A2  65940  

                                                                                         I   44994  

Property and    854,000 276,000       A1 40000  E  10000       1,160,000

equipment (net)

Patents                 152,400 168,500      A1  378090 E  42010 656,980

Goodwill                    0             0              69900     69,900

Total assets       $1,742,328   $543,000          $2,112,080

Liabilities -465,734          -3,600           -469,334

Common stock  -320,000 -100,000        S   100000   -320000

Noncontrolling                                     S   176960

interest    

                                                                                      A1  167236  

                                                                                  A2 3960 -348156 -366152

Retained earnings -956,594  -439,400      -956594

, 12/31

Total    ($1,742,328) ($543,000) $1,045,394  $1,045,394              ($2,112,080)

liabilities and equities

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3 years ago
Becoming aware of the techniques used in media to get your attention and to influence your decisions allows you to
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I think its b, yeah it is
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3 years ago
Texas Inc. has 10,000 shares of 6%, $125 par value, cumulative preferred stock and 50,000 shares of $1 par value common stock ou
katovenus [111]

Answer:

$75,000

Explanation:

Calculation for the annual dividend on the preferred stock

Using this formula

Annual Dividend= Number of shares × Par value × Dividend %

Let plug in the formula

Annual Dividend= 10,000 shares × $125 × 6%

Annual Dividend= $75,000

Therefore the annual dividend on the preferred stock will be $75,000

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3 years ago
Factory labor charges that cannot be easily traced to a job are treated as ______.
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