Business, 25.03.2021 18:30 aletadaboss
On April 1, Pacoima, Inc., exchanges $600,000 fair-value consideration for 60% of the outstanding stock of Sepulveda Co. The remaining 40% of the outstanding shares continued to trade at a collective fair value of $280,000. Sepulveda's identifiable assets and liabilities each had book values that equaled their fair values on April 1 for a net total of $550,000. During the remainder of the year, Sepulveda generates revenues of $800,000 and expenses of $650,000 and declared no dividends. On a December 31 consolidated balance sheet, what amount should be reported as noncontrolling interest
Answers: 2
Business, 22.06.2019 11:30
Mai and chuck have been divorced since 2012. they have three boys, ages 6, 8, and 10. all of the boys live with mai and she receives child support from chuck. mai and chuck both work and the boys need child care before and after school. te boys attend the fun house day care center and mai paid them $2,000 and chuck paid them $3,000. mai's agi is $18,000 and chuck's is $29,000. mai will claim two of the boys as dependents. she signed form 8332 which allows chuck to claim one of the boys. who can take the child and dependent care credit?
Answers: 3
Business, 22.06.2019 11:30
Leon and sara are arguing over when the best time is to degrease soup. leon says that it's easiest to degrease soup when it's boiling. sara says it's easiest to degrease soup when it's cold. who is correct? a. neither leon nor sara is correct. b. leon is correct. c. both leon and sara are correct. d. sara is correct. student b incorrect which following answer correct?
Answers: 1
Business, 22.06.2019 15:00
Which of the following characteristics are emphasized in the accounting for state and local government entities? i. revenues should be matched with expenditures to measure success or failure of the government entity. ii. there is an emphasis on expendability of resources to accomplish objectives. a. i only b. ii only c. i and ii d. neither i nor ii
Answers: 2
Business, 22.06.2019 17:30
What is the sequence of events that could lead to trade surplus
Answers: 3
On April 1, Pacoima, Inc., exchanges $600,000 fair-value consideration for 60% of the outstanding st...
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