Please answer First, Second and third degree price discrimination with business world examples
In: Economics
Consolidation at the end of the first year subsequent to date of acquisition—Equity method (purchase price equals book value) Assume that a parent company acquires its subsidiary on January 1, 2016, by exchanging 40,000 shares of its $1 par value Common Stock, with a market value on the acquisition date of $28 per share, for all of the outstanding voting shares of the acquiree. You have been charged with preparing the consolidation of these two companies at the end of the first year. On the acquisition date, all of the subsidiary’s assets and liabilities had fair values equaling their book values. Following are financial statements of the parent and its subsidiary for the year ended December 31, 2016.
In: Accounting
| year | price per milk kg | quantity of milk kg | price of honey kg | quantity of honey |
| 2011 | 1 | 100 | 2 | 50 |
| 2012 | 1 | 200 | 2 | 100 |
| 2013 | 2 | 200 | 4 | 100 |
compute the percentage change in nominal gap, real gap and the gap deflator in 2011 and 2012 from the preceding year. for each year, identify the variable that does not change. explain in words why your answer makes sense.
In: Economics
Waterway Inc. issues 500 shares of $10 par value common stock
and 100 shares of $100 par value preferred stock for a lump sum of
$112,000.
| (a) | Prepare the journal entry for the issuance when the market price of the common shares is $168 each and market price of the preferred is $210 each. | |
|---|---|---|
| (b) | Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $194 per share. |
In: Accounting
Oriole Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of $108,000.
(a) Prepare the journal entry for the issuance when the market price of the common shares is $164 each and market price of the preferred is $205 each.
(b) Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $186 per share.
In: Accounting
Sandhill Inc. issues 500 shares of $10 par value common stock
and 100 shares of $100 par value preferred stock for a lump sum of
$101,000.
| (a) | Prepare the journal entry for the issuance when the market price of the common shares is $176 each and market price of the preferred is $220 each. | |
|---|---|---|
| (b) | Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $172 per share. |
In: Accounting
Flounder Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of $105,000.
| (a) | Prepare the journal entry for the issuance when the market price of the common shares is $172 each and market price of the preferred is $215 each. | |
|---|---|---|
| (b) | Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $180 per share. |
In: Accounting
Oriole Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of $110,000.
(a) Prepare the journal entry for the issuance when the market price of the common shares is $180 each and market price of the preferred is $225 each.
(b) Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $190 per share.
In: Accounting
Nash Inc. issues 500 shares of $10 par value common stock and
100 shares of $100 par value preferred stock for a lump sum of
$101,000.
| (a) | Prepare the journal entry for the issuance when the market price of the common shares is $176 each and market price of the preferred is $220 each. | |
|---|---|---|
| (b) | Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $172 per share. |
In: Accounting
Culver Inc. issues 500 shares of $10 par value common stock and 100 shares of $100 par value preferred stock for a lump sum of $117,000. (a) Prepare the journal entry for the issuance when the market price of the common shares is $176 each and market price of the preferred is $220 each. (b) Prepare the journal entry for the issuance when only the market price of the common stock is known and it is $204 per share.
In: Accounting