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Arrange journal entries for the transactions listed above and adjusting entries. Arrange an adjusted trial balance at 31 st December, 2011.
The book value of the company was $85,000,000. If 90% of this company’s total equity was acquired by another, what portion of value would be assigned to the noncontrolling interest?
What data may be considered as fraud risk factors
How much overhead should be applied to the above customer order? After executing activity-based costing (ABC), the company's accountant identified the subsequent related information:
what would you pay for an investment that pays you $20000 at the end of each year for the next ten years and then returns a maturity value of 300,000 after ten years? assume that the relevant interest rate for this type of investment is 8%
During the year, Jonathan sold the following assets: business auto for $1500 loss (not a capital asset), stock investment for a $4000 loss (bought 2 months ago), and pleasure boat for $500 loss. Presuming adequate income, explain how much of these..
The Knott Division's evaluated sales and standard cost data for the fiscal year ending Sept. 30 are as given:
Evaluate the company margin of safety and Compute the company margin of safety as a percentage of its sales.
The estimated salvage value is $50,000, and the estimated total useful life is 5 years. The straight-line method is used for depreciation. Illustrate what is the balance in accumulated depreciation on May 1, 2013 when the asset is sold?
Compute the minimum transfer price as well as indicate whether the internal transfer must occur for each of the following- Show your computations to receive credit for your answers
Evaluate the amount of the shortfall
Base on the ratios computed in requirement a, comment on the apparent effects of Whirlpool's acquisition of Maytag. Assume any significant change in these ratios was the result of the aquistion. Calculate the ratios?
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