Telepresence surgery allows surgeons to operate all over the world without physically traveling anywhere.
Identify an advantage of centralized processing.
Identify an advantage of centralized processing.
A demand curve that is perfectly inelastic is
A demand curve that is perfectly inelastic is
_____ involves the design, manufacture, use, and disposal of…
_____ involves the design, manufacture, use, and disposal of computers and servers in such a way that there is minimal impact on the environment.
On January 3, 2021, Madison Corp. purchased 30% of the votin…
On January 3, 2021, Madison Corp. purchased 30% of the voting common stock of Huntsville Co., paying $3,000,000. Madison decided to use the equity method to account for this investment. At the time of the investment, Huntsville’s total stockholders’ equity was $8,000,000. Madison gathered the following information about Huntsville’s assets and liabilities: Book Value Fair Value Buildings (10-year life) $ 400,000 $ 600,000 Equipment (5-year life) 1,200,000 1,400,000 Franchises (8-year life) $ 0 $ 480,000 For all other assets and liabilities, book value and fair value were equal. Any excess of cost over fair value was attributed to goodwill, which has not been impaired. What is the amount of goodwill associated with the investment? A) $600,000. B) $264,000. C) $0. D) $336,000. E) $480,000.
Following are selected accounts for Green Corporation and Ve…
Following are selected accounts for Green Corporation and Vega Company as of December 31, 2023. Several of Green’s accounts have been omitted. Green Vega Revenues $ 900,000 $ 500,000 Cost of goods sold 360,000 200,000 Depreciation expense 140,000 40,000 Other expenses 100,000 60,000 Equity in Vega’s income ? Retained earnings, 1/1/2023 1,350,000 1,200,000 Dividends 195,000 80,000 Current assets 300,000 1,380,000 Land 450,000 180,000 Building (net) 750,000 280,000 Equipment (net) 300,000 500,000 Liabilities 600,000 620,000 Common stock 450,000 80,000 Additional paid-in capital 75,000 320,000 Green acquired 100% of Vega on January 1, 2019, by issuing 10,500 shares of its $10 par value common stock with a fair value of $95 per share. On January 1, 2019, Vega’s land was undervalued by $40,000, its buildings were overvalued by $30,000, and equipment was undervalued by $80,000. The buildings have a 20-year life and the equipment has a 10-year life. $50,000 was attributed to an unrecorded trademark with a 16-year remaining life. There was no goodwill associated with this investment.Compute the December 31, 2023, consolidated revenues. A) $1,400,000. B) $800,000. C) $500,000. D) $1,590,375. E) $1,390,375.
Borgin Inc. owns 30% of the outstanding voting common stock…
Borgin Inc. owns 30% of the outstanding voting common stock of Burkes Co. and has the ability to significantly influence the investee’s operations and decision-making. On January 1, 2021, the balance in the Investment in Burkes Co. account was $402,000. Amortization associated with the purchase of this investment is $8,000 per year. During 2021, Burkes earned income of $108,000 and paid cash dividends of $36,000. Previously in 2020, Burkes had sold inventory costing $28,800 to Borgin for $48,000. All but 25% of this merchandise was consumed by Borgin during 2020. The remainder was used during the first few weeks of 2021. Additional sales were made to Borgin in 2021; inventory costing $33,600 was transferred at a price of $60,000. Of this total, 40% was not consumed until 2022.What amount of equity income would Borgin have recognized in 2021 from its ownership interest in Burkes?
The nurse is planning to perform an electrocardiogram (EKG,…
The nurse is planning to perform an electrocardiogram (EKG, ECG) for a client with a history of coronary heart disease. Which of the following actions should the nurse take? Select all that apply.
A nurse is planning to administer olanzapine 10 mg IM to a c…
A nurse is planning to administer olanzapine 10 mg IM to a client who has schizophrenia. Which of the following actions should the nurse take?
Which of the following internal record-keeping methods can a…
Which of the following internal record-keeping methods can a parent choose to account for a subsidiary acquired in a business combination?