Home / Questions / On April 1 Pujols Inc exchanges $430000 fair-value consideration for 70 percent of the out...
On April 1, Pujols, Inc., exchanges $430,000 fair-value consideration for 70 percent of the outstanding stock of Ramirez Corporation. The remaining 30 percent of the outstanding shares continued to trade at a collective fair value of $165,000. Ramirez’s identifiable assets and liabilities each had book values that equaled their fair values on April 1 for a net total of $500,000. During the remainder of the year, Ramirez generates revenues of $600,000 and expenses of $360,000 and declared no dividends. On a December 31 consolidated balance sheet, what amount should be reported as noncontrolling interest? a. $219,000 .
b. $237,000 .
c. $234,000 .
d. $250,500
Jul 22 2020 View more View Less
How does hemodialysis and peritoneal dialysis work to replace the function of the kidney?
Nov 29 2019Jack is considering adding toys to his general store. He estimates that the cost of inventory will be $4,200. The remodeling expenses and shelving costs are estimated at ...
Jun 16 2021What does the concept of scarcity in economics refer to? a.unlimited resources and limited wantsb.limited resources and unlimited wantsc.the fact that resources can somet...
Jun 06 2021What are product and factor markets?
Jun 08 2021Think about cost structures associated with each of the following and decide which is most likely not to be a natural monopoly.a.personal com...
Dec 12 2019EXAMPLE Find 5 -dx 2x + 7 1 2. Find the value of convergent improper integrals or state they are divergent dx dx dx dy x²arts ex-cost dx Ixkbox xveux x (lnx) 2 tan tx V...
Apr 21 2021Use the below information to answer the following question.Income StatementFor the Year Sales$28,400 Cost of goods sold21,200 Depreciation2,700 Earnings before intere...
May 21 2020Evaluate the definite integral by the limit definition.
Jul 11 2021A newly-issued bond pays its coupons once annually. Its coupon rate is 5%, its maturity is 20 years, and its yield to maturity is 8%. Find the holding period return for a...
Aug 30 2020Outline the consequences of a global temperature rise on arctic ecosystems.
Jul 20 2021