Perimeter, Inc. acquired 30 percent of South Co.’s (South) voting stock for $200,000 on January 1, 20X1. Perimeter’s 30 percent interest in South gave Perimeter the ability to exercise significant influence over South’s operating and financial policies. On that date, South reported assets of $500,000 and liabilities of $100,000. South had equipment with a book value of $60,000 that was actually worth $160,000. The equipment had a remaining useful life of five years. During 20X1, South reported net income of $80,000 and paid dividends of $50,000. What amount of income should Perimeter recognize in 20X1 as a result of this investment?
Answers: 2
Business, 22.06.2019 12:50
Suppose the real risk-free rate and inflation rate are expected to remain at their current levels throughout the foreseeable future. consider all factors that affect the yield curve. then identify which of the following shapes that the u.s. treasury yield curve can take. check all that apply.
Answers: 2
Business, 22.06.2019 14:40
Increases in output and increases in the inflation rate have been linked to
Answers: 2
Business, 22.06.2019 18:00
During the holiday season, maria's department store works with a contracted employment agency to bring extra workers on board to handle overflow business, and extra duties such as wrapping presents. maria's is using during these rush times.
Answers: 3
Business, 22.06.2019 22:30
Ski powder resort ends its fiscal year on april 30. the business adjusts its accounts monthly, but closes them only at year-end (april 30). the resort's busy season is from december 1 through march 31. adrian pride, the resort's chief financial officer, the museums a close watch on lift ticket revenue and cash. the balances of these accounts at the end of each of the last five months are as follows:
Answers: 3
Perimeter, Inc. acquired 30 percent of South Co.’s (South) voting stock for $200,000 on January 1, 2...
Mathematics, 22.07.2019 00:10
Mathematics, 22.07.2019 00:10
Physics, 22.07.2019 00:10
Mathematics, 22.07.2019 00:10
Mathematics, 22.07.2019 00:10
English, 22.07.2019 00:10