13. On January 3, 2011, Haskins Corporation acquired 40 percent of the outstanding common stock of
Clem Company for $990,000. This acquisition gave Haskins the ability to exercise significant influence
over the investee. The book value of the acquired shares was $790,000. Any excess cost over
the underlying book value was assigned to a patent that was undervalued on Clem’s balance sheet.
This patent has a remaining useful life of 10 years. For the year ended December 31, 2011, Clem
reported net income of $260,000 and paid cash dividends of $80,000. At December 31, 2011, what
should Haskins report as its investment in Clem under the equity method?
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13 On January 3 2011 Haskins Corporation Acquired 40 Percent Of The Outstanding Comm 2843967
/in Uncategorized /by developer13. On January 3, 2011, Haskins Corporation acquired 40 percent of the outstanding common stock of
Clem Company for $990,000. This acquisition gave Haskins the ability to exercise significant influence
over the investee. The book value of the acquired shares was $790,000. Any excess cost over
the underlying book value was assigned to a patent that was undervalued on Clem’s balance sheet.
This patent has a remaining useful life of 10 years. For the year ended December 31, 2011, Clem
reported net income of $260,000 and paid cash dividends of $80,000. At December 31, 2011, what
should Haskins report as its investment in Clem under the equity method?
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13 Suppose The Total Cost Function For A Firm Is Given By C Qwv A Use Shephard S Lem 3290679
/in Uncategorized /by developer13. Suppose the total-cost function for a firm is given by C-qwv a) Use Shephard’s lemma to compute the (constant output) demand functions for inputs l and k. b) Use your results from part (a) to calculate the underlying production function for q.
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14 107 Lo 6 Locate And Read The Article Listed Below And Answer The Following Questi 1767322
/in Uncategorized /by developer14-107 LO 6 Locate and read the article listed below and answer the following questions. Bruyneels,L., W. R. Knechel, and M. Willekens. 2013 Turnaround initiatives,and auditors going-concern judgements: Theory 32 (3) : 105-121.a. What is the issue being addressed in the paper?b. What are the findings of the paper?
c. Why is the paper important to auditors, and what are the implications of this paper for the auditing profession?d. Describe the research methodology used as a basis for the concludionse. Describe any limitations of the reseach.
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13 When Is The Opportunity Cost Of Holding Money Higher A When Interest Rates Are Hi 3307257
/in Uncategorized /by developer13. When is the opportunity cost of holding money higher? A. When interest rates are high. B. When interest rates are low. C. When people hold less cash and more financial assets. D. When the money supply increases.
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14 Hercules Exercise Equipment Co Purchased A Computerized Measuring Device Two Year 2457616
/in Uncategorized /by developer14 Hercules Exercise Equipment Co. purchased a computerized measuring device two years ago for $52,000. The equipment falls into the five-year category for MACRS depreciation and can currently be sold for $21,800. A new piece of equipment will cost $142,000. It also falls into the five-year category for MACRS depreciation. Assume the new equipment would provide the following stream of added cost savings for the next six years. Use Table 12-12. Use Appendix B for an approximate answer but calculate your final answer using the formula and financial calculator methods. Cash Year Savings 159,000 51,000 49,000 47,000 44,000 33,000 The firm’s tax rate is 35 percent and the cost of capital is 9 percent. a. What is the book value of the old equipment? (Do not round intermediate calculations and round your answer to the nearest whole dollar.) Book value b. What is the tax loss on the sale of the old equipment? (Do not round intermediate calculations and round your answer to the nearest whole dollar.) Tax loss c. What is the tax benefit from the sale? (Do not round intermediate calculations and round your answer to the nearest whole dollar.) Tax benefit
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14 Mateo Currently Has Nothing Saved For His Retirement Which Will Start In 6 Years 2458961
/in Uncategorized /by developer14. Mateo currently has nothing saved for his retirement, which will start in 6 years from today. Mateo wants to receive 68,500 dollars each year for 5 years during retirement. The first of these payments will be received in 6 years from today. Mateo can earn a return of 7.6 percent per year in his account. How much does Mateo need to save each year for 6 years to have exactly enough to meet his retirement goal if he makes his first contribution to savings in one year from today and all contributions are equal?
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14o 2 5 O 4o 5 A 60 O 144 O 25 O 10o 5 6 O 12o P3 07c 9ed Find The Equivalent Resist 3297156
/in Uncategorized /by developer14O 2.5 O 4O 5 A 60 O 144 O 25 O 10O 5.6 O 12O P3.07c 9ed Find the equivalent resistance Rab and the power delivered by the source. Rab | |O(Ohms) P5,- Watts Check
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15 Complete The Following Table Ticket Prices Attendance And Revenue If The Demand C 3314986
/in Uncategorized /by developer15. Complete the following table: Ticket Prices, Attendance, and Revenue if the Demand Curve is P = $50-0.005 x Q $10.00 $15.00 $20.00 $25.00 $30.00 $35.00 $40 16. If P = $50 – 0.005 × Q, a. what is the equation for marginal revenue? b. how many tickets will the team sell when it maximizes revenue? c. what will the price be when the team maximizes revenue? d. how much revenue will the team earn when it maximizes revenue? 17. What is the relationship between market size and win in North American pro sports? Answer this question using both deductive and inductive analysis.
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15 A Stock Is Trading At 20 Per Share And Does Not Pay A Dividend The Annual Rate Of 2391835
/in Uncategorized /by developer15. A stock is trading at $20 per share; and, does not pay a dividend. The annual rate of interest is 6%. What is the value of the one year prepaid forward?
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15 Disease Associated With Nanoparticle Exposure On Brain Linked To A Asthma B Bronc 854509
/in Uncategorized /by developer15) Disease associated with nanoparticle exposure on brain linked to: a) Asthma b) Bronchitis c) Hearth disease d) Alzheimer’s disease e) All of above 16) Users can throw away all materials contaminated with nanomaterials in the trashcan. a) True b) False17) At nanoscale, there may be different and perhaps more intense reactions that may lead to fire or explosive hazards in a work environment. a) True b) False
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