P Company paid $5,000,000 (cash) for an 80% interest in S Company on 7/1/07. The book values and fair values of S's assets and liabilities on the date of acquisition were as follows: BV FV Cash $400 $400 Accounts Receivable $800 $800 Inventories $1,200 $1,900 Other Current Assets $100 $400 Land $2,400 $800 Building (10 year life) $1,400 $1,000 Patent (10 year life) $1,300 $1,200 Total Assets $7,600 $6,500 Accounts Payable $400 $400 Accrued Liabilities $200 $100 B/P (10 year maturity) Common Stock Retained Earnings Total $1,000 $5,000 $1,000 $7,600 $1,200 The company earned income of $240,000 ($20,000 per month) in 2007 and paid total dividends of $200,000 on October 1, 2007. Required 1)C the goo from the acquisition 2) Compute the Equity method Income from Sub. for 2007. 3) Record the Equity method journal entries for 2007.

A company that was to be liquidated had the following liabilities: Income Taxes Notes Payable secured by land Accounts Payable $ 15,000 120,000 48,000 Salaries Payable ($18,000 for Employee #1 and $5,000 for Employee #2) Administrative expenses for liquidation The company had the following assets: 23,000 Current Assets Land Building Saved 25,000 Book Fair Value Value $130,000 $115,000 60,000 100,000 175,000 220,000 Total liabilities with priority are calculated to be what amount? Multiple Choice О $106,650. $38,000.

Hansen Corporation. a C Corporation (mot a manufacturer) reports the following items in income and expenses for 2021 Gross Revenue $900,000 Dividend Received from 30% owned Corp 200,000 LTCG 30,000 STCL 12000 City of Lee's Summit Bond Interest 10000 COGS 375000 Administrative Expenses 325000 Charitable Contribution 60,000 Compute Hansen's C Corp Taxable income?

A direct quote of €0.1256/Dkr is equivalent to an indirect quote of a . Dkr 7.962/€ b . Dkr 7.8654/€ c . Dkr 0.8654/€ d . Dkr 1.1345/€

The answer is 1,130.55

Now, assume that the state of the limit order book is as follows just before the call of CBA's opening call auction: Buy Quantity Price $8.08 $8.01 $7.99 $7.96 $7.91 $7.87 $7.84 $7.82 0 0 0 a. $7.96 O b. $8.01 O c. Other O d. $7.99 e. $7.91 1800 800 1100 1900 800 Sell Quantity 1600 1800 1200 0 0 0 0 If no more orders are entered, the call price would be: