The following financial statement information is for an investor company and an investee company on january 1, 2013. on january 1, 2013, the investor company's common stock had a traded market value of $31.5 per share, and the investee company's common stock had a traded market value of $19 per share.
book values
fair values
investor
investee
investor
investee
receivables & inventories $180,000 $90,000 $162,000 $81,000
land 360,000 180,000 540,000 270,000
property & equipment 405,000 180,000 450,000 234,000
trademarks & patents _
_
270,000
144,000
total assets $945,000
$450,000
$1,422,000
$729,000
liabilities $270,000 $144,000 $324,000 $171,000
common stock ($1 par) 54,000 30,000
additional paid-in capital 486,000 258,000
retained earnings 135,000
18,000
total liabilities & equity $945,000
$450,000
net assets $675,000
$306,000
$1,098,000
$558,000
asset acquisition (market value is different from book value)
assume that the investor company issued 18,000 new shares of the investor company's common stock in exchange for all of the individually identifiable assets and liabilities of the investee company, in a transaction that qualifies as a business combination. the financial information presented, above, was prepared immediately before this transaction. provide the investor company's balance (i. e., on the investor's books, before consolidation) for "goodwill" immediately following the acquisition of the investee's net assets:
$261,000
$117,000
$9,000
$0

Selected t-account balances for bloomfield company are shown below as of january 31, which reflect its accounting adjustments. the firm uses a calendar-year accounting period, but prepares monthly accounting adjustments.suppliesjan. 31 bal. 1,800 1,800 jan. 31 bal.supplies expensejan. 31 bal. 1,920 1,148 jan. 31 bal.prepaid insurancejan. 31 bal. 1,148 1,148 jan. 31 bal.insurance expensejan. 31 bal. 164 164 jan. 31 bal.wages payablejan. 31 bal. 1,400 1,400 jan. 31 bal.wages expensejan. 31 bal. 6,400 6,400 jan. 31 bal.truckjan. 31 bal. 17,376 17,376 jan. 31 bal.accumulated depreciation -truckjan. 31 bal. 5,068 5,068 jan. 31 bal.a. if the amount in supplies expense represents the january 31 adjustment for the supplies used in january, and $1,240 worth of supplies were purchased during january, what was the january 1 beginning balance of supplies? $answerb. the amount in the insurance expense account represents the adjustment made at january 31 for january insurance expense. if the original insurance premium was for one year, what was the amount of the premium, and on what date did the insurance policy start? amount of the premium $answerthe policy began on answerjune 1july 1august 1september 1october 1november 1 of the previous year.c. if we assume that no beginning balance existed in either in either wage payable or wage expense on january 1, how much cash was paid as wages during january? $answerd. if the truck has a useful life of four years (or 48 months), what is the monthly amount of depreciation expense, and how many months has bloomfield owned the truck? answermonths

Which three of the following expenses can student aid recover? -tuition -television -school supplies -parties and socializing -boarding/housing

Abus pass costs $5 per week. which of the following equations shows the total cost in dollars, t, of the bus pass for a certain number of weeks, w? t = 5w w = 5t t = 5 + w w = 5 + t