Questions
On January 1, 2017, Palka, Inc., acquired 70 percent of the outstanding shares of Sellinger Company...

On January 1, 2017, Palka, Inc., acquired 70 percent of the outstanding shares of Sellinger Company for $1,789,900 in cash. The price paid was proportionate to Sellinger’s total fair value, although at the acquisition date, Sellinger had a total book value of $2,250,000. All assets acquired and liabilities assumed had fair values equal to book values except for a patent (six-year remaining life) that was undervalued on Sellinger’s accounting records by $297,000. On January 1, 2018, Palka acquired an additional 25 percent common stock equity interest in Sellinger Company for $665,625 in cash. On its internal records, Palka uses the equity method to account for its shares of Sellinger.

During the two years following the acquisition, Sellinger reported the following net income and dividends:

2017 2018
Net income $ 465,000 $ 577,000
Dividends declared 150,000 190,000

Show Palka’s journal entry to record its January 1, 2018, acquisition of an additional 25 percent ownership of Sellinger Company shares.

Prepare a schedule showing Palka’s December 31, 2018, equity method balance for its Investment in Sellinger account.

In: Accounting

1. How is an index fund different than other managed mutual funds? 2. Describe the difference...

1. How is an index fund different than other managed mutual funds?

2. Describe the difference between a "no load" and "load " fund. Please use examples!!!

2. Estimate your income needs in retirement and the retirement income supported by your financial plan.

Grading rubric for assignments.

A-a scholarly response, which addresses the questions. Paragraph format with in-depth explanations with examples;

B-fully developed answers addressing the issues in a paragraph format, no grammar and/or spelling problems, explanations and examples;

C- complete sentences addressing the question;

D-one word bullet answers;

In: Finance

Explain how the political and economic changes of the 21st century have influenced Afro-Latin American movements.

Explain how the political and economic changes of the 21st century have influenced Afro-Latin American movements.

In: Economics

A small spring-loaded launcher is designed to fire steel ball bearings with masses of 0.24 kg...

A small spring-loaded launcher is designed to fire steel ball bearings with masses of 0.24 kg . When setting the launcher, you compress the spring a distance of 12 cm . You then fire the launcher straight up and find that the projectiles reach a maximum height of 1.2 m above the point that they leave the launcher. You load another ball bearing, compress the spring a distance of 19 cm , and place it horizontally at the edge of a table that is 0.6 m tall. You fire the ball from the edge of the table. How far from the base of the table does it hit the ground?

In: Physics

HISTORY SUBJECT: Which of the advances of the Scientific Revolution was the most significant? Why?

HISTORY SUBJECT:

Which of the advances of the Scientific Revolution was the most significant? Why?

In: Other

A magazine reported that at the top 50 business schools in a​ region, students studied an...

A magazine reported that at the top 50 business schools in a​ region, students studied an average of 17.8 hours. Set up a hypothesis test to try to prove that the mean number of hours studied at your school is different from the reported 17.8 hour benchmark. Complete parts​ (a) through​ (c) below.

a. State the null and alternative hypotheses. Choose the correct answer below.

A. Upper H 0​: alpha not equals 17.8 Upper H 1​: alpha equals 17.8

B. Upper H 0​: beta not equals 17.8 Upper H 1​: beta equals 17.8

C. Upper H 0​: muequals17.8 Upper H 1​: Upper X overbarnot equals17.8

D. Upper H 0​: Upper X overbarequals17.8 Upper H 1​: Upper X overbarnot equals17.8

E. Upper H 0​: alpha equals 17.8 Upper H 1​: beta not equals 17.8

F. Upper H 0​: munot equals 17.8 Upper H 1​: Upper X overbar equals17.8

G. Upper H 0​: alphaequals17.8 Upper H 1​: alphanot equals17.8

H. Upper H 0​: muequals17.8 Upper H 1​: munot equals17.8

I. Upper H 0​: Upper X overbarnot equals17.8 Upper H 1​: Upper X overbarequals17.8

J. Upper H 0​: alphanot equals17.8 Upper H 1​: betaequals17.8

K. Upper H 0​: munot equals17.8 Upper H 1​: muequals17.8

L. Upper H 0​: betaequals17.8 Upper H 1​: betanot equals17.8

b. What is a Type I error for your​ test?

A. Concluding that the mean number of hours studied at your school is different from the reported 17.8 hour benchmark when in fact it is different

B. Concluding that the mean number of hours studied at your school is not different from the reported 17.8 hour benchmark when in fact it is different

C. Concluding that the mean number of hours studied at your school is different from the reported 17.8 hour benchmark when in fact it is not different

c. What is a Type II error for your​ test?

A. Concluding that the mean number of hours studied at your school is not different from the reported 17.8 hour benchmark when in fact it is different

B. Concluding that the mean number of hours studied at your school is different from the reported 17.8 hour benchmark when in fact it is different

C. Concluding that the mean number of hours studied at your school is different from the reported 17.8 hour benchmark when in fact it is not different

In: Math

The "reaction time" of the average automobile driver is about 0.7 s . (The reaction time...

The "reaction time" of the average automobile driver is about 0.7 s . (The reaction time is the interval between the perception of a signal to stop and the application of the brakes.) An automobile can slow down with an acceleration of 12.4 ft/s2 .

Part A

Compute the total distance covered in coming to a stop after a signal is observed from an initial velocity of 15.4 mi/h . (in a school zone)

Part B

Compute the total distance covered in coming to a stop after a signal is observed from an initial velocity of 56.0 mi/h .

In: Physics

Describe the four financial statements. Discuss the purpose of each financial statement and how one financial...

Describe the four financial statements. Discuss the purpose of each financial statement and how one financial statement is related to the other.

please use a different answer than what's on the Chegg database and type out instead of writing for easy reading, thank you!

In: Accounting

The same day, another patient arrives at the ER also needing a blood transfusion. The patient...

The same day, another patient arrives at the ER also needing a blood transfusion. The patient has type 0- blood. What are all possible blood types this person can receive? Again, include concepts of blood typing and donor/recipient info to justify your answer. Finally, why are people with type 0- blood medically important?

In: Anatomy and Physiology

1. 20 mL of a 10 mg/L chloroform solution in water is placed in a 40...

1. 20 mL of a 10 mg/L chloroform solution in water is placed in a 40 mL vial and sealed. After equilibrium is reached, the vial is opened and the chloroform concentration in the water is found to be 8.90 mg/L

a. Use material balance to find the Henry's constant, Hc. (dimensionless)

b. What is the concentration in the gas phase in the vial?

In: Chemistry

A 0.420 kg iron horseshoe that is initially at 450°C is dropped into a bucket containing...

A 0.420 kg iron horseshoe that is initially at 450°C is dropped into a bucket containing 19.7 kg of water at 22.6°C. What is the final equilibrium temperature (in °C)? Neglect any heat transfer to or from the surroundings. Do not enter units.

In: Physics

Minden Company introduced a new product last year for which it is trying to find an...

Minden Company introduced a new product last year for which it is trying to find an optimal selling price. Marketing studies suggest that the company can increase sales by 5,000 units for each $2 reduction in the selling price. The company’s present selling price is $90 per unit, and variable expenses are $60 per unit. Fixed expenses are $838,800 per year. The present annual sales volume (at the $90 selling price) is 25,300 units.

Required:

1. What is the present yearly net operating income or loss?

2. What is the present break-even point in unit sales and in dollar sales?

3. Assuming that the marketing studies are correct, what is the maximum annual profit that the company can earn? At how many units and at what selling price per unit would the company generate this profit?

4. What would be the break-even point in unit sales and in dollar sales using the selling price you determined in (3) above (e.g., the selling price at the level of maximum profits)?

Brewer 8e Rechecks 2019-08-29

In: Accounting

Aubry is looking to sell shares of a new bakery she opened that produces health food...

Aubry is looking to sell shares of a new bakery she opened that produces health food to the gluten free community. For the first part of the discussion how can she clear the investment with the Securities and Exchange Commission? What is the purpose and requirements of the Regulation D filings? Now that we are clear there, are there any other federal, state, or local regulations she might face? what are your recommendations?

In: Accounting

Describe the key difference between the separation of between treatment variability for the one-factor independent measures...

Describe the key difference between the separation of between treatment variability for the one-factor independent measures ANOVA and the two-factor independent measures factorial ANOVA.

In: Math

Use activity coefficients to calculate molar solubility of Zn(OH)2 in a) a mixture of 40.0mL of...

Use activity coefficients to calculate molar solubility of Zn(OH)2 in

a) a mixture of 40.0mL of 0.250M KOH with 60.0mL de ZnCl2 0.0250M

b) mixture of 20mL 0.100M KOH and 50.0mL of 0.0250M ZnCl2

c) K2SO4 0.0300M M

In: Chemistry