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DENIUS [597]
3 years ago
15

Price Company’s note receivable is receivable from Score Company. Interest of $7,520 was paid by Score to Price during 2015. Any

difference between book value and the value implied by the purchase price relates to goodwill. Prepare a consolidated statements workpaper on December 31, 2015.

Business
1 answer:
Minchanka [31]3 years ago
7 0

Answer:

Please see attachment

Explanation:

Please see attachment

You might be interested in
Government company meaning
denis23 [38]

Answer:

A government company is a company registered under the Indian Companies Act in which not less than 51% of paid up share capital is held by the central government or any state government or partly by central government partly by one or more state governments.

Explanation:

A government company is a company registered under the Indian Companies Act in which not less than 51% of paid up share capital is held by the central government or any state government or partly by central government partly by one or more state governments.

6 0
3 years ago
Read 2 more answers
At the beginning of the year, a company's balance sheet reported the following balances: Total Assets = $175,000; Total Liabilit
Ne4ueva [31]

Answer:

$88,000

Explanation:

The computation of the ending balance of the retained earning balance is shown below:

As we know that

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

where,

net income is

= Revenues - expenses

= $50,500 - $33,000

= $17,500

And, the other items values would remain the same

So, the ending balance is

= $92,500 + $17,500 - $22,000

= $88,000

7 0
3 years ago
Melissa is a salaried employee who earns roughly the same amount in every paycheck. Why would it be a great idea for her to set
babymother [125]

It will be a good idea to set up an automatic transfer every pay period because its prevents anyone from forgetting to pay yourself first as well as preventing to spend the said money.

<h3>What is an automatic transfer?</h3>

An automatic transfer refers to an arrangement whereby a preset transfers is done from customer's account on a regular basis to another accounting.

In conclusion, the automatic transfer is very effective in maintaining a strict saving culture because its prevent the spending of disposable income.

Read more about automatic transfer

<em>brainly.com/question/24179665</em>

3 0
1 year ago
Suppose manufacturers introduce a new model car to replace a car currently included in the CPI basket. The price of the new car
Harlamova29_29 [7]

Answer:

The correct answer is option D.

Explanation:

The consumer price index is a tool to measure inflation in the economy. It measures the change in price level through a basket of goods generally purchased by the households. It does not include change in quality.  

It is measured as

CPI =  

\frac{Cost\ of\ Market\ Basket\ in\ Base\ Year}{ Cost\ of\ Market\ Basket\ in\ Given\ Year} \ \times\ 100

In the given example, the price of the car is increasing but the quality is improving as well. Since the CPI does not include quality, the inflation rate will be overstated.

6 0
3 years ago
Harry, Sirly, and Bo are in the midst of a heated discussion. As the chief operating officers of the U-Scream Ice Cream Corporat
algol13

Answer:

The answer is social audit

Explanation:

Strategic planning aligns the employee goals towards the shared vision and provides a guideline on how to achieve the organizational goals.

social audit targets the areas of social and ethical practices of the company.

Social review does not address the social practices part of the company.

Contribution index guides how to measure the performance of employees.

The best choice which reflects the Sirly’s call is social audit that deals with social practices and its impact on reducing the efficiency and goal achievement gap

4 0
3 years ago
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