PROBLEM 6 The following data were taken from the statement of realization and liquidation of CRASHED CO. Assets to be realized 1,375,000           Assets acquired 750,000 Supplementary credits 2,800,000       Assets realized 1,200,000 Liabilities to be liquidated 2,250,000   Liabilities assumed 1,625,000 Supplementary charges 3,125,000      Assets not realized 1,375,000 Liabilities liquidated 1,875,000              Liabilities not liquidated 1,700,000 The ending balances of capital stock and retained earnings are P1,500,000 and P238,000, respectively. A net loss of P738,000 was reported for the period. Requirements: 1) What is the net gain/(loss) for the three-month period? A. (325,000) C. 425,000 B. 250,000 D. 750,000 2) How much is the ending balance of cash? A. 425,000 C. 1,325,000 B. 575,000 D. 1,375,000

COTB MC Qu. 15-70 (Algo) Assume a company sold a... Assume a company sold a piece of equipment that had an original cost of $500,000 and accumulated depreciation of $300,000. The gain on the sale was $21,000. In addition, the beginning and ending balances in the company's Property, Plant, and Equipment account were $4,700,000 and $4,600,000, respectively. Based solely on the information provided, the company's net cash provided by (used in) investing activities would be: Multiple Choice $(179,000). $(200,000). O $(158,000). $(121,000).

Goodwill Impairment On January 1, 20Y3, The Simmons Group, Inc., purchased the assets of NWS Insurance Co. for $39,457,500, a price reflecting an $5,918,625 goodwill premium. On December 31, 20Y9, The Simmons Group determined that the goodwill from the NWS acquisition was impaired and had a value of only $2,219,484. a.  Determine the book value of the goodwill on December 31, 20Y9, prior to making the impairment adjustment.$fill in the blank 1 b.  Illustrate the effects on the accounts and financial statements of the December 31, 20Y9, adjustment for the goodwill impairment. For decreases in accounts or outflows of cash, enter your answers as negative numbers. If no account or activity is affected, select "No effect" from the dropdown and leave the corresponding number entry box blank.     Balance Sheet     Assets = Liabilities + Stockholders' Equity   Goodwill  + No effect  = No effect  + Retained Earnings  20Y9 Dec. 31. fill in the blank 6   fill in the blank 7   fill in the…

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Company: Revenues Operating expenses Gain from disposal of discontinued component Restructuring costs Interest expense Unrealized gain on AFS Debt Investment (OCI) Gain on sale of operating assets A. $240,000. B. $88,000 C. $46,400 D. $72,000 E. $80,000 nglish (United States) Text Predictions On Debits Accessibility: Investigate 420,000 100,000 20,000 Income tax expense has not yet been accrued. The company's income tax rate is 20% on all items. What amount should be reported in the company's Year 6 income statement as income from continuing operations? I Credits $600.000 200,000 10,000 30,000 Focus

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(in millions of euros) Operating activities Note Year ended December 31, 2019 2018 EBIT 4 1,381 1,182 Adjustments 21 779 432 Content investments, net (676) (137) Gross cash provided by operating activities before income tax paid 1,484 1,477 Other changes in net working capital 67 (28) Net cash provided by operating activities before income tax paid 1,551 1,449 Income tax (paid)/received, net 6.2 (283) (262) Net cash provided by operating activities 1,268 1,187 Investing activities Capital expenditures 3 (413) (351)