Business, 05.05.2020 21:45, Tcareyoliver
Meyer Jewelers purchased 3,000,000 of the outstanding10,000,000 shares of Angel & Associates. Meyer has significant influence over Angel, so Meyer will account for this investment using the equity method. On the purchase date, Angel had net assets with a book value of $7,300,000 and a fair value of$8,000,000. The difference in fair value is a result of the higher fair value of equipment than it's book value. The remaining useful life of this equipment is 25 years. Assuming this investment was purchased on 1/1, which of the following is the correct journal entry to record the difference in net assets for this investment on 12/31?
A. Depreciation Expense 28,000 Accumulated Depreciation minus− Investment Assets 28,000
B. Income from Investment 8,400
Investment in Angel & Associates 8,400
C. Investment in Angel & Associates 8,400
Income from Investment 8,400
D. Depreciation Expense 28,000
Investment in Angel & Associates 28,000
Answers: 3
Business, 21.06.2019 21:00, sickboi
Consider a small island country whose only industry is weaving. the following table shows information about the small economy in two different years. complete the table by calculating physical capital per worker as well as labor productivity. hint: recall that productivity is defined as the amount of goods and services a worker can produce per hour. in this problem, measure productivity as the quantity of goods per hour of labor. year physical capital labor force physical capital per worker labor hours output labor productivity (looms) (workers) (looms) (hours) (garments) (garments per hour of labor) 2024 160 40 1,800 14,400 2025 180 60 3,900 23,400
Answers: 2
Business, 22.06.2019 01:50, mattstudy305
Which statement below best describes george waring's approach to solving the problems of water-borne illness? a. waring is going with his "gut," because he believes that instincts and emotions are the best guides for action. b. waring efficiently and thoroughly lays out the case for why the problems are too large and overwhelming to be solved: people should just move out of cities back to their farms. c. waring has gathered the testimonies of people who live in densely populated areas in order to learn how they themselves have solved their problems. d. waring exhibits the industrial age's increased respect for and reliance on science and the scientific method.
Answers: 1
Business, 22.06.2019 17:20, shakira11harvey6
Andy owns islander surfboard inc. in the past, andy has always given his employees bonuses during the holidays if they reached certain sales goals. this year, even though the company is thriving, he decided to cut bonuses from employees and award them to himself instead. what ethical theory of leadership is andy following?
Answers: 1
Meyer Jewelers purchased 3,000,000 of the outstanding10,000,000 shares of Angel & Associates. Me...
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