Business, 06.03.2020 08:30, AjTruu2880

1. A subsidiary has plant assets with a fair value of $70 million and book value of $60 million at the date of acquisition. The plant assets have a remaining life, as of the date of acquisition, of 20 years, straight-line. You are consolidating the accounts at the end of the third year since acquisition, and the subsidiary still owns the plant assets. The amount by which the plant assets are revalued in eliminating entry (R) is: A. $9.5 million B. $9 million C. $8.5 million D. $10 million

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 09:50, anonymous777739

Beck company had the following accounts and balances at the end of the year. what is net income or net loss for the year? cash $ 74 comma 000 accounts payable $12,000 common stock $21,000 dividends $12,000 operating expenses $ 13 comma 000 accounts receivable $ 49 comma 000 inventory $ 47 comma 000 longminusterm notes payable $33,000 revenues $ 91 comma 000 salaries payable $ 30 comma 000

Answers: 1

continue

Business, 22.06.2019 15:00, menendezliliana5

(a) what do you think will happen if the price of non-gm crops continues to rise? why? (b) what will happen if the price of non-gm food drops? why?

Answers: 2

continue

Business, 22.06.2019 22:40, laceysmith2i023

Suppose your firm is considering investing in a project with the cash flows shown as follows, that the required rate of return on projects of this risk class is 10 percent, and that the maximum allowable payback and discounted payback statistics for the project are three and a half and four and a half years, respectively. use the irr decision to evaluate this project; should it be accepted or rejected

Answers: 3

continue

Business, 23.06.2019 07:30, chaaaa

Me this has caused me stress and my head hurts

Answers: 1

continue

Do you know the correct answer?

1. A subsidiary has plant assets with a fair value of $70 million and book value of $60 million at t...