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On January 1, 2011, Harrison, Inc., acquired 90 percent of Starr Company in exchange for $1,125,000 fair-value consideration. The total fair value of Starr Company was assessed at $1,200,000. Harrison computed annual excess fair-value amortization of $8,000 based on the difference between Starr's total fair value and its underlying net asset fair value. The subsidiary reported earnings of $70,000 in 2011 and $90,000 in 2012 with dividend payments of $30,000 each year. Apart from its investment in Starr, Harrison had income of $220,000 in 2011 and $260,000 in 2012.(a) What is the ending noncontrolling interest balance as of December 31, 2012?
Risk aversion implies which some securities will go unpurchased in market even if a large risk premium is paid to investors.
the following transactions adjusting entries and closing entries were completed by king furniture co. during a
What is your best estimate of the company cost of equity?
seahawks company has two service departments maintenance and cafeteria as well as two prodction departments mixing and
Which of the following would most likely use a job order costing system? ... most likely use a job order costing system?
aviss taxable income for the year is 300000 and bests taxable income for the year is 425000. for each of the scenarios
Show the necessary entries in the books of Oshim Company Limited.
Which of the following statements is reflects the impact on stockholders' equity of a transfer from available-for-sale to trading.
Mancini manufactures embroideered jackets. The company prepares flexible budgets and uses standard cost system to control manufacturing costs. The standard unit cost of a jacket is based on static budget volume of 14,000 jackets per month.
can someone please explain how to do this thank you. complete the vertical analysis of the balance sheet data for fain
in order to encourage employee ownership of the companys 1 par common shares washington distribution permits any of its
Determine for each plan the earnings per share of common stock, assuming that the income before bond interest and income tax is $2,600,000. Discuss the advantages and disadvantages of each plan.
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