subject
Business, 31.12.2019 01:31 electrofy456

John company creates a subsidiary, mark company. john transfers cash of $50,000, land with both a cost and book value of $75,000, and a building with a cost of $250,000 and a book value of $200,000 to mark, in exchange for all 50,000 shares of mark's $4 par common stock. john’s journal entry to record the transfer would include:

dr-building for $50,000.

cr-building for $200,000.

cr-building for $250,000.

cr-accumulated depreciation for $150,000.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 07:30
Suppose a firm faces a fixed price of output, 푝푝= 1200. the firm hires workers from a union at a daily wage, 푤푤, to produce output according to the production function 푞푞= 2퐸퐸12. there are 225 workers in the union. any union worker who does not work for this firm is guaranteed to find nonunion employment at a wage of $96 per day. a.what is the firm’s labor demand function? b.if the firm is allowed to choose 푤푤, but then the union decides how many workers to provide (up to 225) at that wage, what wage will the firm set? how many workers will the union provide? what is the firm’s output and profit? what is the total income of the 225 union workers? c.now suppose that the union sets the wage, but the firm decides how many workers to hire at that wage (up to 225). what wage will the union set to maximize the total income of all 225 workers? how many workers will the firm hire? what is the firm’s output and profit? what is the total income of the 225 union workers? [hint: to maximize total income of union, take the first order condition with respect to w and set equal to 0.]
Answers: 3
question
Business, 22.06.2019 20:40
Robert owns a life insurance policy that he purchased when he first graduated college. it has a $100,000 death benefit and robert pays premiums for it every month out of his checking account. the insurance robert has is most likely da. permanent life insurance o b. term life insurance o c. group life insurance o d. individual life insurance
Answers: 1
question
Business, 22.06.2019 23:00
Acollege registrar's office requires you to first visit with one of three advisors and then with one of two financial professionals. this system best described as which of the following? a. single server, single phase systemb. multiple server multiphase systemc. multiple server, cross phase systemd. single server, multiphase systeme. multiple server, single phase system
Answers: 2
question
Business, 23.06.2019 07:30
The uk economic climate is important for pod point. it is considering two options to reduce the impact of falling uk consumer incomes on sales: 1. focus on selling to foreign countries. or 2. cut costs of production. justify which one of these two options pod point should choose
Answers: 1
You know the right answer?
John company creates a subsidiary, mark company. john transfers cash of $50,000, land with both a co...
Questions
question
English, 05.11.2020 14:00
Questions on the website: 13722363