Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 25, 2024

please help Selectron Inc. acquired 90% of Insor Inc. on January 1, 2019 for $270,000, when Insor's Common Shares and Retained Earnings were worth $60,000

please help Selectron Inc. acquired 90% of Insor Inc. on January 1, 2019 for $270,000, when Insor's Common Shares and Retained Earnings were worth $60,000 and $190,000 respectively. Insor's fair va...

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Corporate Financial Accounting

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

12th edition

1305041399, 1285078586, 978-1-133-9524, 9781133952428, 978-1305041394, 9781285078588, 1-133-95241-0, 978-1133952411

More Books

Students also viewed these Accounting questions

Question

★★★★★

For each polynomial function, find (a) (-1), (b) (2), and (c) (0). f(x)=x5x4

Answered: 1 week ago

Question

★★★★★

Per GASB Statement No. 14, what is the key criterion as to whether a government should be included as a component unit in the reporting entity of another government?

Answered: 1 week ago

Question

★★★★★

What role do line managers play in the recruitment process? Describe the advantages and disadvantages of utilising line managers in the recruitment process and provide examples.

Answered: 1 week ago

Question

★★★★★

What is the (a) fat pencil test? (b) quantity plotted in a normal probability plot to check the normal assumption of the simple linear regression model?

Answered: 1 week ago

Question

★★★★★

Braun Company is a very profitable small business. It has not, however, given much consideration to internal control. For example, in an attempt to keep clerical and office expenses to a minimum, the...

Answered: 1 week ago

Question

★★★★★

Classify each of the accounts below according to the following guidelines: Balance Sheet accounts should be classified as an asset, liability, or owner's equity and include the normal balance type of...

Answered: 1 week ago

Question

★★★★★

Northwestern University neuroscientist Moran Cerf has a simple approach to ordering food at restaurants. Whenever he goes out, he looks at the restaurants list of specials and always picks the second...

Answered: 1 week ago

Question

★★★★★

Determine the force developed in the links and the acceleration of the bar's mass center immediately after the cord fails. Neglect the mass of the links AB and CD. The uniform bar has a mass of 20...

Answered: 1 week ago

Question

★★★★★

What does mentoring provide that supervision does not? Mentoring involves meeting compliance standards and supervision does not. Mentoring involves a level of discourse that goes beyond supervision...

Answered: 1 week ago

Question

★★★★★

Explain the causes of indiscipline.

Answered: 1 week ago

Question

★★★★★

Which of these is not a way that organizations can develop ways to become more innovative? a. Promote a culture that encourages risk-taking b. Spending money on research & development c. Empowering...

Answered: 1 week ago

Question

★★★★★

1.The author of the book nation and nationalism? 2.who has coined the word soft power is? 3.Kautilya theory of rajamandala belongs to? 4.Man is a political animal who said? 5.Traditional approach...

Answered: 1 week ago

Question

★★★★★

Explain the factors influencing wage and salary administration.

Answered: 1 week ago

Question

★★★★★

I need correct solution 1 5 . Question in Chemical Engineering

Answered: 1 week ago

Question

★★★★★

Suppose that you are part of a virtual team and must persuade other team members on an important matter (such as switching suppliers or altering the project deadline). Assuming that you cannot visit...

Answered: 1 week ago

Question

★★★★★

6-2B. (Inflation and i1lteTest mtes) VVhat would you expect the nominal rate of interest to be if , the real rate is 5 percent and the expected inflation rate is 3 percent?

Answered: 1 week ago

Question

★★★★★

6-6B. (Required rate ofreturn using CAPM) a. Compute afair rate of return for Compaq common stock, which has a 1.5 beta. The riskfree rate is 8 percent and the market portfolio (New York Stock...

Answered: 1 week ago

Question

★★★★★

6-3B. (Expected rate ofntlJTn and l-1sk) B.]. wutney Enterprises is evaluating a security. Oneyear Treasury bills are currently paying 2.9 percent. Calculate the following investment's expected...

Answered: 1 week ago

Previous Question Next Question