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Jasper inc holds 30% of the outstanding voting shares of kinson co. and appropriately applies the equity method of accounting. Amortization associated with this investment equals 11,000 per year. For 20x1 , Kinson reported earings of 100,000 and paid cash dividends of $40,000. During 20x1, Kinson acquired inventory for $62,400. Which was then sold to jasper fpr $96,000. at the end of 20x1 , jasper still had some of this inventory at its transfer price of 50,000
1. Determine the amount of intra- entity at the end of 20x1
2. Determine the amount of equity in investee income that Jasper should have reported fpr 20x1
If the variable costs per client per week are decreased by $2, how many clients are needed each 15-week period to break even?
Solve the current problem of unutilised capacity at the Welgevonden safari lodges. The demand from Interstate is equivalent to 60 normal all inclusive six-night packages sold by EA SA.
Find ending finished-goods inventory cost under absorption costing and evaluate the ending finished-goods inventory cost under variable costing?
requirement 4based on the current economic pressures the company has decided to eliminate the part time janitor and
Explain why the issuing corporation charged its bond investors for interest accrued in April 2011, prior to the issuance date ( see part b above).
Rinehart Company made a loan of $7,400 to one of the company's employees on April 1, 2013. The one-year note carried a 6% rate of interest. The amount of interest revenue that Rinehart would report in 2013 and 2014, respectively would be?
company doesn't ring up sales taxes separately on cash register total receipts for october amounted to $18900. if sales tax rate is 5%, what amount must be remitted to the state for October's sales tax?
Porschia is considering the acquisition of new machinery that will produce uniform benefits over the next 9 years. The following information is available:
The new machine would reduce annual maintenance costs by $23,000. Provide a differential anaylsis on the proposal to replace the machine.
task 1 complete the following questions1. how much needs to be invested today if your goal is to have 100000 five years
michelles flowering plants provides the subsequent information for the month of mayactual budgettulips geraniums tulips
Which of the following manufacturing costs is an indirect cost of producing a product?
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