Planter corporation used debentures with a par value of $566,000 to acquire 100 percent of sorden company's net assets on january 1, 20x2. on that date, the fair value of the bonds issued by planter was $550,000. the following balance sheet data were reported by sorden:
balance sheet item historical cost fair value
assets
cash & receivables $59, 000 $53, 000
inventoy 101, 000 203, 000
plant & equipment 413,000 310,000
less: accunulat ed depreciation (168,000)
goodwill 13,000
total assets $480, 000 $675, 000
liabilities and equities
accounts payable $47,000 $47,000
common stock 89,000
additional paid-in capital 60, 000
retained eamings 284, 000
total liabilities& equities $ 480,000
required:
1. determine the amount planter corporation would record as a gain on bargain purchase and prepare the journal entry planter would record at the time of the exchange. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)

What do economists mean when they use the latin expression ceteris paribus?

The following cost data pertain to the operations of montgomery department stores, inc., for the month of july. corporate legal office salaries $ 75,300apparel department cost of sales"evendale store $ 97,200corporate headquarters building lease $ 50,300store manager's salary"evendale store $ 12,900apparel department sales commission"evendale store $ 11,550store utilities"evendale store $ 12,800apparel department manager's salary"evendale store $ 10,450central warehouse lease cost $ 18,600janitorial costs"evendale store $ 11,800 the evendale store is just one of many stores owned and operated by the company. the apparel department is one of many departments at the evendale store. the central warehouse serves all of the company's stores. required: 1. what is the total amount of the costs listed above that are direct costs of the apparel department? 2. what is the total amount of the costs listed above that are direct costs of the evendale store? 3. what is the total amount of the apparel department's direct costs that are also variable costs with respect to total departmental sales?

Sanibel autos inc. merged with its competitor vroom autos inc. this allowed sanibel autos to use its technological competencies along with vroom autos' marketing capabilities to capture a larger market share than what the two entities individually held. what type of integration does this scenario best illustrate? a. vertical b. technological c. horizontal d. perfect