![Business](/tpl/images/cats/ekonomika.png)
This problem has been solved!See the answerSmith, Inc., has the following stockholders’ equity accounts as of January 1, 2018: Preferred stock—$100 par, nonvoting and nonparticipating, 6% cumulative dividend $ 2,230,000 Common stock—$20 par value 4,230,000 Retained earnings 10,230,000 Haried Company purchases all of Smith's common stock on January 1, 2018, for $14,520,000. The preferred stock remains in the hands of outside parties. Any excess acquisition-date fair value will be assigned to franchise contracts with a 40-year remaining life. During 2018, Smith reports earning $680,000 in net income and declares $590,000 in cash dividends. Haried applies the equity method to this investment. What is the noncontrolling interest's share of consolidated net income for this period?What is the balance in the Investment in Smith account as of December 31, 2018?What consolidation entries are needed for 2018?What is the noncontrolling interest's share of consolidated net income for this period?b. What is the balance in the Investment in Smith account as of December 31, 2018?a. Net income - noncontrolling interest's share b. Investment in Smith account
![answer](/tpl/images/cats/otvet.png)
Answers: 1
Other questions on the subject: Business
![image](/tpl/images/cats/ekonomika.png)
![image](/tpl/images/cats/ekonomika.png)
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 21:30, schneidersamant9242
Which is cheaper: eating out or dining in? the mean cost of a flank steak, broccoli, and rice bought at the grocery store is $13.04 (money. msn website, november 7, 2012). a sample of 100 neighborhood restaurants showed a mean price of $12.75 and a standard deviation of $2 for a comparable restaurant meal. a. develop appropriate hypotheses for a test to determine whether the sample data support the conclusion that the mean cost of a restaurant meal is less than fixing a comparable meal at home. b. using the sample from the 100 restaurants, what is the p-value? c. at a = .05, what is your conclusion? d. repeat the preceding hypothesis test using the critical value approach
Answers: 3
![image](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 23:00, sergiogautosg15
The era of venture capitalists doling out large sums of money to startups is a. just beginning b. on the rise c. over d. fading
Answers: 2
Do you know the correct answer?
This problem has been solved!See the answerSmith, Inc., has the following stockholders’ equity accou...
Questions in other subjects:
![Konu](/tpl/images/cats/fizika.png)
Physics, 10.03.2020 02:07
![Konu](/tpl/images/cats/health.png)
![Konu](/tpl/images/cats/obshestvoznanie.png)
Social Studies, 10.03.2020 02:07
![Konu](/tpl/images/cats/istoriya.png)
![Konu](/tpl/images/cats/mat.png)
Mathematics, 10.03.2020 02:07
![Konu](/tpl/images/cats/istoriya.png)
![Konu](/tpl/images/cats/fizika.png)
![Konu](/tpl/images/cats/istoriya.png)
![Konu](/tpl/images/cats/himiya.png)