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1. Oliver Corporation has owned stock of Conrad Corporation since 2007. At December 31, 2010, its balances related to this investment were: Available-for-Sale Securities $185,000 Securities Fair Value Adj (AFS) 34,000 Dr. Unrealized Holding Gain or Loss-Equity 34,000 Cr. On January 1, 2011, Oliver purchased additional stock of Conrad Company for $475,000 and now has significant influence over Conrad. If the equity method had been used in 2007-2010, income would have been $33,000 greater than dividends received. Prepare Oliver's journal entries to record the purchase of the investment and the change to the equity method.
a business manufactures three similar products for eventual sale j k and l. the selling prices are 30 40 and 50
Required: Prepare a Schedule of Cost of Goods Manufactured
Compare the U.S. dollar volume of B2B, B2C, and mobile e-commerce. How does the volume of U.S. B2C compare to the global volume?
lexis company purchased equipment on janu 1 2012 for 35000 the estimated useful life of the equipment was 7 years and
rhinos landscaping sells a quality brand of hoes shovels and rakes in a sales mix of 242 25 50 25. the companys fixed
Blake Inc. leased office space for business use in 2003. The terms of the lease include a 5 year initial term with 2 options for renewal of 2 years each. The annual rental charge for the lease is $120,000 including parking. During 2004, Blake unde..
assume that you are the chief financial officer for your organization and that you are preparing the organizations
westerville company reported the following results from last years operationssales.......1000000.00variable
What is the difference between data, information, and knowledge? Give examples of each.
1. Griffin Inc. is expected to double sales from $500,000 to $1,000,000 next year. Net assets (assets -liabilities) will remain constant at 50% of sales and 9% return on total sales. They have $100,000 in the bank (cash) and seem to have a very o..
gorgeous georgie pty ltd georgie is a private company with many strategic investments. the finance director is
the following information pertains to porter company for 2011.beginning inventory 70 units 13units purchased 280 units
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