subject
Business, 30.10.2019 20:31 mildredelizam

On march 4, 2017, evan co. purchased 1,000 shares of lvc common stock at $80 per share. on september 26, 2017, evan received 1,000 stock rights to purchase an additional 1,000 shares at $90 per share. the stock rights had an expiration date of february 1, 2018. on september 30, 2017, lvc's common stock had a market value, exrights, of $95 per share and the stock rights had a market value of $5 each. what amount should evan report on its september 30, 2017, balance sheet for investment in stock rights?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 22:40
Lincoln company has an accounting policy for internal reporting purposes whereby the costs of any research and development projects that are over 70 percent likely to succeed are capitalized and then depreciated over a five-year period with a full year of depreciation in the year of capitalization. in the current year, $400,000 was spent on project one, and it was 55 percent likely to succeed, $600,000 was spent on project two, and it was 65 percent likely to succeed, and $900,000 was spent on project three, and it was 75 percent likely to succeed. in converting the internal financial statements to external financial statements, by how much will net income for the current year have to be reduced? a. $180,000b. $380,000c. $720,000d. $900,000
Answers: 3
question
Business, 22.06.2019 04:10
What is the difference between secure bonds and naked bonds?
Answers: 1
question
Business, 22.06.2019 06:40
10. which of the following is true regarding preretirement inflation? a. defined-benefit plans provide more inflation protection than defined-contribution plans. b. because of preretirement inflation, possible investment-related growth is increased for defined-contribution plans. c. all types of benefits are designed to cope with preretirement inflation. d. preretirement inflation is generally reflected in the increase in an employee's compensation level over a working career.
Answers: 3
question
Business, 22.06.2019 13:40
The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east west sales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 ) the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss)
Answers: 1
You know the right answer?
On march 4, 2017, evan co. purchased 1,000 shares of lvc common stock at $80 per share. on september...
Questions
question
English, 13.10.2020 06:01
question
Mathematics, 13.10.2020 06:01
question
English, 13.10.2020 06:01
question
Mathematics, 13.10.2020 06:01
question
Mathematics, 13.10.2020 06:01