Answer:
The amount of income tax expense that Southeast would report in its income statement for continuing operations is $ 18,750,000.
Explanation:
According to the details we the company had a Pretax earnings of $ 65 million and include there is an income of discontinued operation of $ 10 million, hence Total taxable income= $ 65 million +$ 10 million= $ 75 million.
The Income tax rate is 25%
Hence, the Income tax expense is Total taxable income × the Income tax rate
Income tax expense= $ 75 million× 25%
Income tax expense= $ 18,750,000
Answer:
$504,000
Explanation:
Assume that Bullen issued 12,000 shares of common stock with a $5 par value and a $47 fair value for all of the outstanding shares of Vicker.
The consolidated Additional Paid-In Capital and Retained Earnings (January 1, 2018 balances) as a result of this acquisition transaction will be:
Journal entries
Dr. Cash (12000 shares x $47)..................................$564,000
Cr. Common Stock (12,000 shares x $5).................................$60,000
Cr. Additional Paid-In Capital [(12,000 shares x ($47-$5)].$504,000
Being issue of common of $5 per share at the price of $47 per share
Answer:
try to subtract 100 - 15
Explanation:
0r divide im not trolling either
The telecommunication market structure is considered an oligopoly market when there are high barriers to entry into the market.
<h3>What is a market?</h3>
A market is a place where the goods and services are being acquired by consumers and sold by retailers.
The oligopolistic market is a type of market structure where the control has been exercised by only the fewer firms over the entire market and doesn't allow new firms to enter the market. They initiate the barriers in the form of patenting of products, licenses from the government, adoption of expensive technology, etc.
Therefore, the creation of the barriers to entry of the new firms will mark the given market structure to be oligopolistic.
Learn more about the oligopoly in the related link:
brainly.com/question/14148752
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