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Helga [31]
3 years ago
6

When designing a plan of action, always

Business
1 answer:
iren [92.7K]3 years ago
5 0
The best answer to go with is b
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Harper acquires 40 percent of the outstanding voting stock of Kinman Company on January 1, 2014, for $243,700 in cash. The book
KonstantinChe [14]
One of the steps in solving this problem is this one:

As we know as shown above, the joournal entry for 2014 and 2015 will include the investment balance, increases and decreases to equity and intra-entity profits realized and deferred. Also the balance of the acquisition needs to be calculated.

Calculation of the book value of the purchase made as the book value of Company K times percent purchased:

400,000 * 0.40 = 160,000

Then, calculate the difference in the acquisition and the book value of the purchase:

210,000 - 160,000 = 50,000
5 0
4 years ago
Chloe Closson paid for her vacation to the mountains with a $3,000 installment loan at 10% for 12 months. Her monthly payments w
erastova [34]
If Chloe did not pay off the loan, she will payout 263.75 x 12 = $3165.00 

However, if Chloe pays off the loan with the sixth payment, she will pay out (263.75 x 5) + 1,786.20 = $3,086.95.

But the question is how much will she save? To get the answer just follow this:  3165.00 - 3086.95 = $78.05 

Therefore, Chloe saves $78.05 
7 0
3 years ago
Find the coefficient of variation (to the nearest tenth percent) of the following (1,2,3,4,5).​
katen-ka-za [31]

Answer:

52.7%

Explanation:

Coefficient of variation= \frac{standard deviation}{mean} times 100%

                                      = \frac{1.58113883}{3} times 100%

                                      = .5270462767 times 100%

                                      = 52.704627667

Which rounded to the nearest tenth percent is 52.7%

4 0
3 years ago
Read 2 more answers
What is done with the costs of complying with consumer-protection
snow_tiger [21]

Answer:

Option(D) is the correct answer to the given question .

Explanation:

The main objective of consumer protection regulation to stops the unjustified, misleading as well as the dishonest business strategies through accumulating and analyzing the rules of the business to running them.It simply means they provide the security to the buyers as well as the people .

  • Consumer-protection  regulations Protect from the fraudulent activity and the recapitalization.
  • All the other option are not correct for the consumer-protection  regulations that's why these are incorrect option
4 0
4 years ago
Epic, Inc. recently lost a portion of its records. The following information was available from the accounting records.
Novay_Z [31]

Answer:  $55,600

Explanation:

Total Manufacturing Cost

= Direct Material + Direct Labor + Factory Overhead

Cost of Goods manufactured = Direct materials used + Work-in-Process Inventory, Beginning + Factory Overhead Applied + Direct Labor - Work-in-Process Inventory, Ending

Direct Materials = Cost of Goods manufactured - Work-in-Process Inventory, Beginning - Factory Overhead Applied - Direct Labor + Work-in-Process Inventory, Ending

= 57,100 - 10,500 - 11,500 - (1.4 * 11,500) + 9,000

= $28,000

Total manufacturing cost = 28,000 + ( 1.4 * 11,500) + 11,500

= $55,600

8 0
3 years ago
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