subject
Business, 02.11.2019 03:31 gg808

Parrett corp. acquired one hundred percent of jones inc. on january 1, 2016, at a price in excess of the subsidiary's fair value. on that date, parrett's equipment (ten-year life) had a book value of $360,000 but a fair value of $480,000. jones had equipment (ten-year life) with a book value of $240,000 and a fair value of $350,000. parrett used the partial equity method to record its investment in jones. on december 31, 2018, parrett had equipment with a book value of $250,000 and a fair value of $400,000. jones had equipment with a book value of $170,000 and a fair value of $320,000. what is the consolidated balance for the equipment account as of december 31, 2018?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 06:00
Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr
Answers: 2
question
Business, 22.06.2019 08:20
How much does a neurosurgeon can make most in canada? give me answer in candian dollar
Answers: 1
question
Business, 22.06.2019 17:30
Emery pharmaceutical uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. emery uses 825 pounds per month of the chemical, estimates the holding cost to be 50% of the purchase price (because of spoilage), and estimates order costs to be $48 per order. the cost schedules of two suppliers are as follows: vendor 1 vendor 2 quantity price/lb quantity price/lb 1-499 $17 1-399 $17.10 500-999 $16.75 400-799 $16.85 1000+ $16.50 800-1199 $16.60 1200+ $16.25 (a) what is the economic order quantity for each supplier? (b) what quantity should be ordered and which supplier should be used? (c) the total cost for the most economic order sire is $
Answers: 2
question
Business, 22.06.2019 19:00
20. to add body to a hearty broth, you may use a. onions. b. pasta. c. cheese. d. water.
Answers: 2
You know the right answer?
Parrett corp. acquired one hundred percent of jones inc. on january 1, 2016, at a price in excess of...
Questions
question
Mathematics, 05.08.2019 00:10