Journalize the transactions-cash dividend given
On January 1, Vince Corporation purchased a 25% equity in Morelli Corporation for $180,000. At December 31, Morelli declared and paid a $60,000 cash dividend and reported net income of $200,000.
Journalize the transactions.
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Suppose there are two consumers, A and B.Suppose the price of Y, PY = 1. Calculate the price of X, PX that will lead to a competitive equilibrium.
Discuss the motivation for excluding nonproductive assets from invested capital when computing return. What circumstances justify excluding intangible assets from invested capital?
Verna Company has had a defined benefit plan for several years. At the end of 2013, Verna accumulated the following information: (1) service cost for 2013, $127,000; (2) projected benefit obligation, 1/1/13, $634,000; (3) discount rate, 9%; (4) pl
Due to sales growth, it wants to expand accounts receivable and inventories by taking on additional short-term debt. If it wants to maintain a minimum current ratio of 2.0, what is the maximum additional short-term funding it can borrow?
Given the following information for Tandoori Grill Restaurant, calculate its total asset turnover and return on equity ratios:
Texas Investments, Inc., is considering a cash acquisition of Bubba Brewing Co. for $2.2 million. Bubba Brewing will provide the following pattern of cash inflows and synergistic benefits for the next 20 years. There is no tax loss carryforward.
Find a newspaper or magazine article that highlights wages, productivity, and other resources in a particular market situation. Write a 1-page paper on the interaction of these variables.
Marge's auto, which is used for business purposes only, is totally destroyed by a fire. The fair market value of the auto was $8,000 at the time of the fire and the adjusted basis was $10,000. Calculate the loss, and determine whether it is a dedu
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