Fenceway Corporation has a contract with ADm Corporation obligating Fenceway to buy all its paper supplies from ADm. The contract price is now 30 percent above the market price. Fenceway forms a subsidiary corporation, Picket Company. Picket issues all its shares to Fenceway in exchange for all the assets of Fenceway. Picket carries on the former business of Fenceway. Picket refuses to buy paper from ADm, claiming it is not a party to that contract. ADm sues Picket for breach of contract. Is Picket liable to ADm

Claire wants to include animations in her presentation slides. which element of the presentation program’s interface will have the options for animation? claire should use the to include animations in her presentation slides.

Eliminating entries (including goodwill impairment) and worksheets for various years on january 1, 2013, porter company purchased an 80% interest in the capital stock of salem company for$850,000. at that time, salem company had capital stock of $550,000 and retained earnings of $80,000.differences between the fair value and the book value of the identifiable assets of salem company were asfollows: fair value in excess of book valueequipment$130,000land65,000inv entory40,000the book values of all other assets and liabilities of salem company were equal to their fair values onjanuary 1, 2013. the equipment had a remaining life of five years on january 1, 2013. the inventory was sold in2013.salem company’s net income and dividends declared in 2013 and 2014 were as follows: year 2013 net income of $100,000; dividends declared of $25,000year 2014 net income of $110,000; dividends declared of $35,000required: a. prepare a computation and allocation schedule for the difference between book value of equity acquired andthe value implied by the purchase price. b.present the eliminating/adjusting entries needed on the consolidated worksheet for the year endeddecember 31, 2013. (it is not necessary to prepare the worksheet.)lo6lo1

Which are the best examples of costs that should be considered when creating a project budget?