Answer:
The question is not complete,find attached complete question in word document.
Find all the journal entries in the attached spreadsheet
Explanation:
Please note the following points:
The goodwill is the excess of purchase consideration of $ 476,500.00 over the net assets of Softball acquired,that is $ 318,000.00
The net assets is total assets acquired of $374,000 minus the liabilities taken over of $56000
Equity method income is the difference between Softball's net income reported and the dividends paid
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark">
docx
</span>
<span class="sg-text sg-text--link sg-text--bold sg-text--link-disabled sg-text--blue-dark">
xlsx
</span>
Answer:
The correct response is "6.71 years".
Explanation:
The given values are:
Loan amount
= $30 Million
Loan payment per year
= $5 Million
Interest rate
R = 3%
Let,
The take number of years will be "n".
⇒ 
⇒ 
⇒ 
⇒ 
⇒ 
On taking log both sides, we get
⇒ 
⇒ 
So sis yes yes yes trees yes yeah tax yeah yeah yeah yeah yeah trash trash
Answer:
Explanation:
The expected cash flows from one of these bonds are:
- $60 in interest at the end of each year for 10 years, and
- $1,000 repayment of principal at the end of 10 years.
