Jans inc. acquired all of the outstanding common stock of tysk corp. on january 1, 2016, for $372,000. equipment with a ten-year life was undervalued on tysk's financial records by $46,000. tysk also owned an unrecorded customer list with an assessed fair value of $67,000 and an estimated remaining life of five years. tysk earned reported net income of $180,000 in 2016 and $216,000 in 2017. dividends of $70,000 were paid in each of these two years. selected account balances as of december 31, 2018, for the two companies follow.
jans tysk
revenue $ 1,080,000 $ 840,000
expense $ 480,000 $ 600,000
retained earnings, 1/1/18 $ 840,000 $ 600,000
dividends paid $ 132,000 $ 70,000
if the equity method had been applied, what would be the investment in tysk corp. account balance within the records of jans at the end of 2018?
(a)$612,100 (b) $744,000 (c) $774,150 (d) $372,000 (e) $844,100

The proliferation of bittorrent and other file sharing media have threatened the copyright system. based on an understanding of incentives and opportunity cost, how are the decisions of musicians likely impacted?

You want to make an investment in a continuously compounding account over a period of two years. what interest rate is required for your investment to double in that time period? round the logarithm value and the answer to the nearest tenth.

Miko willingly admits that she is not an accountant by training. she is concerned that her balance sheet might not be correct. she has provided you with the following additional information. 1. the boat actually belongs to miko, not to skysong, inc.. however, because she thinks she might take customers out on the boat occasionally, she decided to list it as an asset of the company. to be consistent, she also listed as a liability of the corporation her personal loan that she took out at the bank to buy the boat. 2. the inventory was originally purchased for $27,500, but due to a surge in demand miko now thinks she could sell it for $39,600. she thought it would be best to record it at $39,600. 3. included in the accounts receivable balance is $11,000 that miko loaned to her brother 5 years ago. miko included this in the receivables of skysong, inc. so she wouldn’t forget that her brother owes her money. (b) provide a corrected balance sheet for skysong, inc.. (hint: to get the balance sheet to balance, adjust stockholders’ equity.) (list assets in order of liquidity.)