Business and Finance Homework

Need finance homework help? Ask an Expert

Connect one-on-one with {0} who will answer your question

Related Business and Finance Homework Questions
1) Before Corp acquired 90 percent of After Corp's voting common
1) Before Corp acquired 90 percent of After Corp's voting common stock on January 1, 2015, for $648,000, when the fair value of its net identifiable assets was $664,000 and the fair value of the nonco… read more
F. Naz
F. Naz
Bachelor's Degree
CA Finalist & Completed B.com
608 satisfied customers
Parson Industries purchased 80% of the common stock of Succo
Parson Industries purchased 80% of the common stock of Succo Company on January 1,2001, for $300,000 when Succo Company's capital consisted of common stock of $200,000 preferred stock of $100,000, oth… read more
Mr. Gregory White
Mr. Gregory White
Master's Degree
Master's Degree
215 satisfied customers
Problem 3-2 (LO 2) Simple equity method adjustments, consolidated
Problem 3-2 (LO 2) Simple equity method adjustments, consolidated worksheet. On January 1, 2011, Peres Company purchases 80% of the common stock of Soap Company for $308,000. Soap has common stock, ot… read more
Expert
Expert
324 satisfied customers
Parent Inc. is contemplating a tender offer to acquire 80%
Parent Inc. is contemplating a tender offer to acquire 80% of Subsidiary Corporation's common stock. Subsidiary's shares are currently quoted on the New York Stock Exchange at $85 per share. In order … read more
Expert
Expert
324 satisfied customers
E 7.7 Entries--Intercompany Sale of Inventory and Equipment
E 7.7 Entries--Intercompany Sale of Inventory and Equipment On January 1, 2010 Price Company acquired an 80% interest in the common stock of Smith Company on the open market for $750,000, the book val… read more
Neo
Neo
Tutor
16,477 satisfied customers
1. On January 1, 2009 peterson corp. exchanged 1,090,000 fair-value
1. On January 1, 2009 peterson corp. exchanged 1,090,000 fair-value consideration for all of the outstanding voting stock of Santiago, ınc. At the acquisition date, Santiago had a book value equal to … read more
JACUSTOMER-5z6z37qi-
JACUSTOMER-5z6z37qi-
Senior Accountant
Master's Degree
1,978 satisfied customers
Question 1 On November 30, 2010, Pulse Incorporated purchased
Question 1 On November 30, 2010, Pulse Incorporated purchased for cash of $25 per share all 400,000 shares of the outstanding common stock of Surge Company. Surge 's balance sheet at November 30, 2010… read more
Expert
Expert
324 satisfied customers
Having trouble doing the equity method... Can someone please
Having trouble doing the equity method... Can someone please help? Thanks! PROBLEM 8-5 Workpaper—Sale of Shares by Parent, Equity Method (assuming use of the complete or the partial equity method.) Th… read more
Expert
Expert
324 satisfied customers
On January 1, 20X8, Paul Company purchased 80% of the common
On January 1, 20X8, Paul Company purchased 80% of the common stock of Smith Company for $300,000. On this date Smith had total owners' equity of $350,000. Any excess of cost over book value is attribu… read more
Expert
Expert
324 satisfied customers
To my business tutor please answer question 9-23, I have included
To my business tutor please answer question 9-23, I have included the income statements needed from question 9-22 thanks.. Problem 9-23 Ratio Analysis Use the financial statements for Bernard Company … read more
Expert
Expert
324 satisfied customers
1. On January 1, 20X1, Parent Company acquired 80% of the common
1. On January 1, 20X1, Parent Company acquired 80% of the common stock of Subsidiary Company for $560,000. On this date Subsidiary had total owners' equity of $540,000, including retained earnings of … read more
Expert
Expert
324 satisfied customers
P 8.3 Workpaper-Sale of Shares by Parent, Cost MethodThe
P 8.3 Workpaper-Sale of Shares by Parent, Cost Method The accounts of Pyle Company and its Subsidiary, Stern Company, are summarized below as of December 31, 2011: Pyle Stern Current Assets 600,000 32… read more
Expert
Expert
324 satisfied customers
E 8.2 Parent Company Entries-Multiple Stock Purchase and Sale
E 8.2 Parent Company Entries-Multiple Stock Purchase and Sale of Stock, Cost Method Papke Company acquired 85% of the common stock of Serbin Comapany in two separate cash transactions. The first purch… read more
Expert
Expert
324 satisfied customers
Exercise 7-7 Entries Intercompany Sale of Inventory and Equipment On
Exercise 7-7 Entries – Intercompany Sale of Inventory and Equipment On January 1, 2010, Price Company acquired an 80% interest in the common stock of Smith Company on the open market for $750,000, the… read more
Expert
Expert
324 satisfied customers
On January 1, 1999, Kroll Corporation issued 10-year bonds
On January 1, 1999, Kroll Corporation issued 10-year bonds at $500,000 par to unrelated parties. The bonds pay interest of $15,000 every June 30 and December 31. On December 31, 2002, Stine Corporatio… read more
Neo
Neo
Tutor
16,477 satisfied customers
1. Johnny Co. had taxable income of $7,000, MACRS depreciation
1. Johnny Co. had taxable income of $7,000, MACRS depreciation of $5,000, book depreciation of $2,000, and accrued warranty expense of $400 on the books although no warranty work was performed. What i… read more
Expert
Expert
324 satisfied customers
The accounts of Pyle Company and its subsidiary, Stern Company,
The accounts of Pyle Company and its subsidiary, Stern Company, are summarized below as of 12/11 Current Assets -Pyle $600000; Stern $320000 Investment in Stern Company-Pyle $480000 Other Assets- Pyle… read more
Expert
Expert
324 satisfied customers
1. On July 1, 2010, an interest payment date, $60,000 of Parks
1. On July 1, 2010, an interest payment date, $60,000 of Parks Co. bonds were converted into 1,200 shares of Parks Co. common stock, each having a par value of $45 and a market value of $54. There is … read more
Bizhelp
Bizhelp
Accountant
Bachelor's Degree
260 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

I couldn't be more satisfied! This is the site I will always come to when I need a second opinion.

JustinKernersville, NC

Just let me say that this encounter has been entirely professional and most helpful. I liked that I could ask additional questions and get answered in a very short turn around.

EstherWoodstock, NY

Thank you so much for taking your time and knowledge to support my concerns. Not only did you answer my questions, you even took it a step further with replying with more pertinent information I needed to know.

RobinElkton, Maryland

He answered my question promptly and gave me accurate, detailed information. If all of your experts are half as good, you have a great thing going here.

DianeDallas, TX

< Previous | Next >

Meet the Experts:

linda_us

linda_us

Master's Degree

852 satisfied customers

A tutor for Business, Finance, Accounts and other related topics.

F. Naz

F. Naz

Bachelor's Degree

608 satisfied customers

Have completed B.COM and CA Finalist

324 satisfied customers

dasdasd

Bizhelp

Bizhelp

Accountant

260 satisfied customers

BA degree and Certified Public Accountant

Mr. Gregory White

Mr. Gregory White

Master's Degree

215 satisfied customers

M.A., M.S. Education / Educational Administration

Brittany

Brittany

Professional

30 satisfied customers

AA/Accounting BS/Business

SusanAthena

SusanAthena

Master's Degree

13 satisfied customers

12 years experience consulting & management

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x