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svet-max [94.6K]
4 years ago
14

On January 1, 2016, Lester Company purchased 70% of Stork Corporation's $5 par common stock for $600,000. The book value of Stor

k net assets was $640,000 at that time. The fair value of Stork's identifiable net assets were the same as their book value except for equipment that was $40,000 in excess of the book value. In the January 1, 2016, consolidated balance sheet, goodwill would be reported at:A. $152,000. B. $177,143. C. $80,000. D. $0.
Business
1 answer:
Soloha48 [4]4 years ago
3 0

Answer:D. $0

Explanation:

Goodwill is the excess of the purchasing price of a company value of indentifiable net assets.. The purchasing price in this example is less than the value of the.

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An assembly line with 15 tasks is to be balanced. The longest task is 2.9 minutes, and the total time for all tasks is 17 minute
zavuch27 [327]

Answer:

  • Minimum ⇒ 2.9 minutes
  • Maximum ⇒ 17 minutes

Explanation:

Minimum cycle time ⇒ This is the time taken for the longest task to be completed. In this case that is 2.9 minutes.

Maximum cycle time ⇒ This is the time taken for all the tasks to be completed. In this case that is 17 minutes.

6 0
3 years ago
The company expects dividends to growth at 20% per year for the next 12 years and eventually leveling off at 9% into perpetuity.
ddd [48]

Answer:

Price of the stock today = $199.83

Explanation:

The current price of the stock can be computed using the two stage dividend growth model of the DDM approach. The DDM or dividend discount model values a stock based on the present value of the expected future dividends from the stock.

The formula for the price of the stock today using the two stage growth model is attached.

Price of the stock today = 1.95 * (1+0.2) / (1+0.12) + 1.95 * (1+0.2)^2 / (1+0.12)^2

+ 1.95 * (1+0.2)^3 / (1+0.12)^3 + ... + 1.95 * (1+0.2)^12 / (1+0.12)^12  +  

[ (1.95 * (1+0.2)^12 * (1+0.09)) / (0.12 - 0.09) ] / (1+0.12)^12

Price of the stock today = $199.83

8 0
3 years ago
Meet /svc-jgyu-fii<br>join​
borishaifa [10]

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7 0
3 years ago
Read 2 more answers
Which of the following is true of an opportunity​ cost? A. It is the income foregone by not using a resource in an alternative w
ahrayia [7]

Answer:

A. It is the income foregone by not using a resource in an alternative way.

Explanation:

Opportunity cost is the income foregone by not using a resource in an alternative way.

Opportunity cost is refers to the value of what you have to give up in order to choose something else. It can also be called REAL COST.

It also refers to the value or benefits of something that must be given up in order to acquire another thing.

7 0
4 years ago
A company had cash sales of $49,527, credit sales of $38,540, sales returns and allowances of $7,100 and sales discounts of $4,3
balu736 [363]

Answer:

The company's net sales for this period equal to $76,592

Explanation:

First we need to calculate the total sales using the following formula

Total Sales = Cash Sales + Credit sales

Where

Cash Sales = $49,527

Credit sales = $38,540

Placing values in the formula

Total Sales = $49,527 + $38,540

Total Sales = $88,067

Now use the following formula to calculate the net sales

Net Sales = Total Sales - Sales returns and allowances - Sales discount

Where

Total Sales = $88,067

Sales returns and allowances = $7,100

Sales discount = $4,375

Placing values in the formula

Net Sales = $88,067 - $7,100 - $4,375

Net Sales = $76,592

4 0
3 years ago
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