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A plant facility consisting of land and building was acquired from Mana's company in exchange for 20,000 shares of Hasbro's common stock. On aquisition date Hasbro's stock had a closing market price of $37 per share. The plant facility was carried on Mana's books at $110,000 for land and $320,000 for the building on exchange date. Current appraised values are $230,000 for the land and $690,000 for the building.Prepare a detailed analysis on the balance sheet for this exchange. Do I need to look at the book value for this, or is that irrelavent information?
zeflax manufactures plastic bottles for bikes that the company sells for 4.00 per bottle. last year the company
pimp my cubicle inc. pmc produces workspace flair for the poor souls in public accounting who dont ever leave their
Duluth Castings Company makes a product, X-tol,from two materials. Ticon and VF. The standard prices and quantities are as follows.
What are John's deductions for 2010 and 2011 based on the above information if 1) the car was used for personal property and 2) business property?
On January 1, 2010, the board of directors of Goby Inc. declared a $540,000 dividend. The following data are from the balance sheet of Goby on that date:How much is the liquidating dividend
the ledger of montgomery company at the end of the current year shows accounts receivable 78000 credit sales 996000 and
Having a problem with an accounting question: J.P. Max is a department store carrying a large and varied stock of merchandise. Management is considering leasing part of its floor space for $72 per square foot per year to an outside jewelry company..
during the current year irene a married individual who files a joint return reports the following items of income and
on the basis of the following data determine the value of the inventory at the lower of cost or
Crocket Corp issues $200,00 of its 10percent bonds payable on April 1, 2030. The bonds were issued at face value, Interest is payable semi-annually, on 10/1 and 4/1. give the journal entries to issue the bonds and pay each of the first two interes..
what is the steps involved in getting the budget dm usage dl budget moh budgeted moh cogs budgeted and so
Farmer Frank's produces items from local farm products anddistributes them to supermarkets. Is Margaret's behavior regarding the cost information she provided to Susan unethical? Explain your answ
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