Business, 12.03.2020 03:26 1230bering
Python acquires 80% of the voting stock of Slither on January 1, 2020 for $4,000. The fair value of the noncontrolling interest is $950. Slither's balance sheet at the date of acquisition is as follows: Book Value Dr (Cr) Fair Value Dr (Cr) Tangible assets $5,000 $6,500 Identifiable intangibles – 2,000 Liabilities (3,000) (3,000) Capital stock (600) – Retained earnings (1,400) – On the consolidation working paper at January 1, 2020, what is the credit to noncontrolling interest in Slither for eliminating entry (E)? A. $-0- B. $300 C. $400 D. $100
Answers: 3
Another question on Business
Business, 22.06.2019 17:00
During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak
Answers: 2
Business, 23.06.2019 01:50
Describe two (2) financial career options that an individual with a finance education might pursue and explain the value that such a position adds to a company. explain the essential skills that would make a person successful in each of the described positions. recommend one (1) of the career options. identify the most attractive features of the position.
Answers: 2
Business, 23.06.2019 10:10
Hannah is concerned about the increase in the cases of obesity in her state. she has convinced her company to create advertisements to generate awareness about obesity. which kind of advertising will the company use to achieve this?
Answers: 3
You know the right answer?
Python acquires 80% of the voting stock of Slither on January 1, 2020 for $4,000. The fair value of...
Questions
Mathematics, 15.02.2022 02:30
Chemistry, 15.02.2022 02:30
Chemistry, 15.02.2022 02:30
History, 15.02.2022 02:30
Mathematics, 15.02.2022 02:30
Business, 15.02.2022 02:30
Engineering, 15.02.2022 02:30
Mathematics, 15.02.2022 02:30
Spanish, 15.02.2022 02:30
Chemistry, 15.02.2022 02:30
Computers and Technology, 15.02.2022 02:30
History, 15.02.2022 02:30
