To be effective as a presenter, you must spend time learning about the audience
Indicate whether the statement is true or false
T
You might also like to view...
On January 1, a company issued 10-year, 10% bonds payable with a par value of $500,000, and received $442,647 in cash proceeds. The market rate of interest at the date of issuance was 12%. The bonds pay interest semiannually on July 1 and January 1. The issuer uses the straight-line method for amortization. Prepare the issuer's journal entry to record the first semiannual interest payment on July 1.
What will be an ideal response?
What does the Japanese word "kanban" mean?
A) low inventory B) employee empowerment C) card D) continuous improvement E) lot size of one
On December 31, 20X5, Paris Corporation acquired 60 percent of Sanlo Company's common stock for $180,000. At that date, the fair value of the noncontrolling interest was $120,000. Of the $45,000 differential, $5,000 related to the increased value of Sanlo's inventory, $15,000 related to the increased value of its land, and $10,000 related to the increased value of its equipment that had a remaining life of five years from the date of combination. Sanlo sold all inventory it held at the end of 20X5 during 20X6. The land to which the differential related was also sold during 20X6 for a large gain. In 20X6, Sanlo reported net income of $40,000 but paid no dividends. Paris accounts for its investment in Sanlo using the equity method.Based on the preceding information, what amount of
differential would Paris amortize during 20X6 in its equity method journal entries? A. $15,000 B. $13,200 C. $30,000 D. $22,000
Jill is purchasing a web design company that has patented a new form of technology. Which purchase would be best for her in relation to the web design company's liabilities?
A. Buy the firm's assets. B. Buy the firm's stock. C. Merge the company with her present company. D. Any of the above three would be acceptable.