On January 1, 2016, Tiger Company purchased 6,720 shares of Eagle Corporation’s common stock when Eagle had 22,400 shares outstanding. On that date, the following information pertained to Eagle:

Eagle Corporation Balance Sheet January 1, 2016

Depreciable assets (remaining life, 8 years) Book Value $600,000.00 Fair Value $620,000.00
Other non-depreciable assets Book Value 290,000.00 Fair Value 300,000.00
Total Book Value $890,000.00 Fair Value $920,000.00
Liabilities Book Value $300,000.00 Fair Value $330,000.00
Shareholders’ equity Book value $590,000.00
Total $890,000.00
During 2016, Eagle earned net income of $120,000 and paid total dividends of $48,000. Required: Prepare the journal entries of Tiger related to its share of Eagle’s net income and dividends in 2016.

Prepare the journal entries of Tiger on December 31 related to its share of Eagle’s net income and receipt of dividends in 2016. (6 Accounts)

Weiland Co. shows the following information on its 2016 income statement: sales = $158,500; costs = $80,800; other expenses = $4,100; depreciation expense = $9,800; interest expense = $7,300; taxes = $19,775; dividends = $7,750. In addition, you're told that the firm issued $3,700 in new equity during 2016 and redeemed $6,100 in outstanding long-term debt.

a. What is the 2016 operating cash flow? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

b. What is the 2016 cash flow to creditors? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

c. What is the 2016 cash flow to stockholders? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

d. If net fixed assets increased by $20,800 during the year, what was the addition to NWC? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Consider the following abbreviated financial statements for Cabo Wabo, Inc.:
  

In 2016, the company purchased $5,891 in new fixed assets. The tax rate is 30 percent.

1. How much in fixed assets did the company sell? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Fixed assets sold            $ 1896

2. What is the cash flow from assets for the year? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Depreciation by Three Methods; Partial Years Razar Sharp Company purchased equipment on July 1, 2014, for $70,200. The equipment was expected to have a useful life of three years, or 6,480 operating hours, and a residual value of $2,160. The equipment was used for 1,200 hours during 2014, 2,300 hours in 2015, 1,900 hours in 2016, and 1,080 hours in 2017.

Required: Determine the amount of depreciation expense for the years ended December 31, 2014, 2015, 2016, and 2017, by (a) the straight-line method, (b) units-of-output method, and (c) the double-declining-balance method.

Note: FOR DECLINING BALANCE ONLY, round the multiplier to four decimal places. Then round the answer for each year to the nearest whole dollar.

a. Straight-line method Year Amount 2014 $ 2015 $ 2016 $ 2017 $

b. Units-of-output method Year Amount 2014 $ 2015 $ 2016 $ 2017 $

c. Double-declining-balance method Year Amount 2014 $ 2015 $ 2016 $ 2017 $

Earthworm: This experiment worked with the earthworm because the earthworm’s neurons are unmyelinated. Explain the usefulness of myelin in the human body.

Do the results from the Stanley Milgram experiment teach us anything about the social responsibility of corporations?

What is the role of Spectralon plate in an experiment of in situ spectral measurement? How to use it to generate spectral reflectance?

error propagation in all indirect measures in maxwell's wheel experiment, So, calculating, speed and inertia moment