The check register of Boswell Co indicated a cash balance of $3,689.50 at the beginning of the month. During the month Boswell Co made two deposits of $1,450.34 and $950.30 . During the same month Boswell Co wrote checks for $140.50, $1,469.29, $51.90, and $789.12 . What balance should the register show for cash at the end of the month?
$3,639.33
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Purchaser Corporation acquires 30% of the outstanding voting common shares of the Investee Corporation for $600,000 . Purchaser Corporation acquires the investment in Investee Corporation by buying previously issued shares of Investee Corporation from other investors. Investee Corporation's other comprehensive income during the first period is as follows: Unrealized Holding Gains from Marketable
Securities. . .$ 3,000 Unrealized Losses from Cash Flow Hedges . . . . . . . . . . (2,000) Other Comprehensive Income. . . . . . . . . . . . . . . . . . . . $ 1,000 Purchaser Corporation would make the following entry to recognize its share of the items of other comprehensive income of Investee Corporation: a. Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 300 Realized Holding Losses from Cash Flow Hedges (Other Comprehensive Income) . . . . . . . . . . . . . . . . . . . 600 Realized Holding Gains from Marketable Securities (Other Comprehensive Income) . . . . . . . . . . . . . . . . . . . . . . .900 b. Investment in Stock of Investee Corporation . . . . . . . . . . 300 Realized Holding Losses from Cash Flow Hedges (Other Comprehensive Income) . . . . . . . . . . . . . . . . . . . 600 Realized Holding Gains from Marketable Securities (Other Comprehensive Income) . . . . . . . . . . . . . . . . . . . . . . .900 c. Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 300 Unrealized Holding Losses from Cash Flow Hedges (Other Comprehensive Income) . . . . . . . . . . . . . . . . . . . 600 Unrealized Holding Gains from Marketable Securities (Other Comprehensive Income) . . . . . . . . . . . . . . . . . . . . . . .900 d. Investment in Stock of Investee Corporation . . . . . . . . . . 300 Unrealized Holding Losses from Cash Flow Hedges (Other Comprehensive Income) . . . . . . . . . . . . . . . . . . . 600 Unrealized Holding Gains from Marketable Securities (Other Comprehensive Income) . . . . . . . . . . . . . . . . . . . . . . .900 e. none of the above
By cutting back operations to match areas of declining demand and moving some operations overseas, Hewlett-Packard anticipates a reduction in costs of more than $2 billion. But despite having made significant progress toward being a smaller, more nimble company, significant challenges in returning to profitability still remain. Hewlett-Packard is a good example of
A. reducing cycle times in getting new products to market B. strategic fits in R&D or technology development to boost sales in both the parent company and the diversified businesses C. achievement of cost savings in research and development areas D. pursuing a strategy of corporate restructuring E. strategic fits in innovation to allow for a greater number of new products or processes
Rapid growth of a company can cause it to be short of cash.
Answer the following statement true (T) or false (F)
Which of the following is required in order for a transaction to be considered a corporate inversion?
A) A foreign corporation acquires substantially all of the assets of a U.S. corporation. B) Former shareholders of the U.S. corporation own 80% or more of the stock in the foreign corporation by reason of their U.S. stock ownership. C) The former U.S. company and its affiliates do not conduct substantial business in the foreign country of incorporation. D) All of the above are required.