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geniusboy [140]
3 years ago
7

When Valley Co. acquired 80% of the common stock of Coleman Corp., Coleman owned land with a book value of $75,000 and a fair va

lue of $125,000. What is the amount of excess land allocation attributed to the noncontrolling interest at the acquisition date
Business
1 answer:
Maurinko [17]3 years ago
7 0

Answer:

$10,000

Explanation:

The amount of excess land allocation attributed to the non controlling interest at the acquisition date is computed below;

Non controlling interest of acquisition date

= (Book value of land - Fair value of land) × 20%

Given that;

Book value of land = $125,000

Fair value of land = $75,000

Then,

Non controlling interest of acquisition date

= ($125,000 - $75,000) × 20%

= $50,000 × 20%

= $10,000

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A mathematical approximation called the rule of 70 tells us that the number of years that it will take something that is growing
dusya [7]

Answer:

The answer is: It will take Mexico 28 years

Explanation:

In 2005, Mexico´s GDP per capita (MGDPpC) was only $11,000 which represented one fourth of the United States´ GDP per capita (USGDPpC) of $44,000.

The ratio of GDP per Capita between Mexico and the United States is 1:4

So when MGDPpC doubles the first time, the ratio will be 2:4 (or 1:2), so when it doubles again the ratio will b 1:1. So in order for MGDPpC to equal the amount of USGDPpC in 2005, it would need to double twice.

To find out how many years it will take Mexico to double its GDP per capita once, we must divide 70 by 5, which equals 14 years.

Since it takes Mexico 14 years to double its GDP per capita, it will take them 28 years to double it twice.

8 0
4 years ago
Can someone Plss help
Vadim26 [7]

The variables that can shift the supply curve are the number of sellers, production costs, and income.

<h3>What is the supply curve?</h3>

Corresponds to a graphical representation of the quantity of a product or service that is sold in relation to the increase in prices. That is, when prices rise, the supply curve will slope upward, and changes in the quantity supplied at a given price shift the curve to the right.

Therefore, supply is an economic concept to designate a market situation where there is a quantity of products and services available that consumers want to buy.

Find out more about supply curve here:

brainly.com/question/26430220

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6 0
2 years ago
You own one call option with an exercise price of $30 on Nadia stock. This stock is currently selling for $27.80 a share but is
Shalnov [3]

Answer: 0.755

Explanation:

From the information given, the current per share value of the option if it expires in one year will be calculated as follows:

Firstly, we calculate the present value which will be:

= $28 / ( 1 + 0.05 )

= $28/1.05

= $26.667

The number of options needed will be:

= ( 34 - 28 )/ ( 4-0)

= 6/4

= 1.5

Therefore,

27.80 = (1.5 x Co) + [28 / (1+0.05)]

27.80 = 1.5Co + (28/1.05)

27.80 = 1.5Co + 26.667

1.5Co = 28.0 - 26.667

1.5Co = 1.1333

Co = 0.755

Therefore, the answer is 0.755

5 0
3 years ago
Wee Be Irish produces authentic Irish gifts and clothing. Wee Be Irish uses a good deal of television advertising and sales prom
gregori [183]

Answer:  pull marketing strategy

Explanation: In simple words, pull marketing strategy refers to the strategy in which the producer tries to create demand for the product by using promotional tools. Under this strategy, the firm focus to make customer seek a product unlike push strategy in which the firm focuses on pushing the product to people.

In the given case, WEE be is using TV medium to promote its product hence they are using pull marketing strategy.

3 0
3 years ago
On the first day of the partnership's tax year, Karen purchases a 50% interest in a general partnership for $30,000 cash and she
tamaranim1 [39]

Answer:

D) $60,000

Explanation:

Loss which Karen can report on her tax return will be 50% of the loss for the year = 50% of $ 120,000 = $ 60,000

5 0
3 years ago
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