Panda corporation purchased 100,000 previously unissued shares of skunk company's $10 par value common stock directly from skunk for $2,200,000. skunk's stockholders' equity immediately before the investment by panda consisted of $3,000,000 of common stock and $4,800,000 in retained earnings. what is panda's book value of equity in the net assets of skunk?

Personal financial planning is the process of creating and achieving financial goals? true or false

The following transactions occurred during july: received $1,000 cash for services provided to a customer during july. received $4,000 cash investment from bob johnson, the owner of the business received $850 from a customer in partial payment of his account receivable which arose from sales in june. provided services to a customer on credit, $475. borrowed $7,000 from the bank by signing a promissory note. received $1,350 cash from a customer for services to be rendered next year. what was the amount of revenue for july?

(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?