During the current year, brewer company acquired all of the outstanding common stock of miller inc. paying $12,800,000 cash. the book values and fair values of miller's assets and liabilities acquired are listed below: book value fair value accounts receivable $ 2,200,000 $ 2,025,000 inventories 3,500,000 4,800,000 property, plant, and equipment 9,800,000 12,425,000 accounts payable 3,800,000 3,800,000 bonds payable 5,300,000 4,925,000

You have just received notification that you have won the $2.0 million first prize in the centennial lottery. however, the prize will be awarded on your 100th birthday (assuming you're around to collect), 66 years from now. what is the present value of your windfall if the appropriate discount rate is 8 percent?

Jacob is a member of wcc (an llc taxed as a partnership). jacob was allocated $155,000 of business income from wcc for the year. jacob’s marginal income tax rate is 37 percent. the business allocation is subject to 2.9 percent of self-employment tax and 0.9 percent additional medicare tax. (round your intermediate calculations to the nearest whole dollar a) what is the amount of tax jacob will owe on the income allocation if the income is not qualified business income? b) what is the amount of tax jacob will owe on the income allocation if the income is qualified business income (qbi) and jacob qualifies for the full qbi duduction?

Which represents a surplus in the market? a market price equals equilibrium price. b quantity supplied is greater than quantity demanded. c market price is less than equilibrium price. d quantity supplied equals quantity demanded.