XYZ Company purchased assets of YB Ltd. at auction for $1,560,000. An independent appraisal of the fair value of the assets acquired is listed below: Land $171,600 Building 514,800 Equipment 600,600 Inventories 429,000 Required: (show computations) Prepare the journal entry to record the purchase of the assets.

Q: Can you make the answer of number 5 a well-explained or thoroughly explained?

A: The coefficient of variation is a statistical tool that measures the risk level by considering the…

Q: do you have the answer in a different format using equations

A: The present value is the present worth of the amount that will be paid or received in the future.

Q: How do I see the rest of the answer?

A: Accounting equation is a representation of the balance sheet that shows total assets is equal to the…

Q: Looking for answers to the below questions

A: Multi-step income statement is prepared in different steps showing gross profit and net profit…

Q: Define value chain.

A: Value Chain: Value Chain is the combination of activities including all the costs to do such…

Q: What are the steps to figure this out?

A: Journal: Recording of a business transactions in a chronological order.

Q: How do I solve these?

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: From where has the concept DU pont Analysis comes?what’s the formula?

A: Ratio Analysis is the method of checking the company's operational efficiency, liquidity, and…

Q: Could you please do a step by step solving process for this question?

A: PVIFA refers to present value interest factor of an annuity. It is used to determine the present…

Q: How to choose a Benchmark?

A: Investors select a market index (or a mix of indices) as the portfolio's benchmark. An index…

Q: What is Monte Carlo simulation?

A: The question is based on the concept of Monte Carlo simulation, the method is based on  stochastic…

Q: Discuss the General overview of IFMIS

A: The IFMIS usually sets up a centralized system to support various management processes.

Q: can you be more clear of what the answer is? thanks

A: Given: Beginning of the Year Common Stock = $8 Additional Paid in Surplus = $138 End of the Year…

Q: How about the second question?

A: As per the accounting standard- the effects of changes in foreign exchange currency, income and…

Q: 1. Sona Manufacturing provided the following information for last month: 3. Sales Variable Costs…

A: There are two type of costs that are being incurred in business. One is fixed costs, which will not…

Q: What are the answers and how do you arrive at them?

A:

Q: How do you explain or interpret predictive model information?

A: Meaning- Predictive Model As the name suggest, where with the help of historical figures or even…

Q: WHAT'S THE ANSWER TO D, E AND F?

A: Given, Net nonoperating obligations (NNO) Return on equity (ROE) Nonoperating return component of…

Q: What is this question answer?

A: Net realizable value = Estimated Selling Price -  Cost of Completion and Disposal where, Cost of…

Q: Can another formula be used to get the answers?

A: Formula  for calculation of share price=Dividend last year*(1+ Growth rate)(Required rate of return-…

Q: Define attainable set

A: Attainable SetA set of all the portfolios that are possible to be formed by the group of the number…

Q: Explain the PSA prepayment model?

A: What Is a Prepayment Model? In lending, a prepayment model is used to estimate the level of…

Q: What is the actual formula used to get this answer?

A: Present value of annuity Annuity is a series of equal payments at equal interval over a specified…

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A: Lets understand the basics. Cash management is must requirement for banks in todays world. This is…

Q: Could someone answer situation B?

A: To determine the cash payment to suppliers, you need to consider the change in accounts payable…

Q: Define the term realization principle.

A: Accounting: Accounting refers to the information system, where the economic activities of a…

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A: Qualified Business Income Deduction (QBID) It is  the final  deduction  to be made  before…

Q: can you please solve the second question

A: Cost per good unit is calculated as total cost divided by number of good units. The cost can be…

Q: What is the concept behind the EOQ model?

A: Economic Order Quantity (EOQ) Model: It is a method of inventory costing that aims to identify the…

Q: Explain subsequent events and why these are important? Explain with the help of example.

A: Subsequent events refer to events or transactions that occur after the balance sheet date but before…

Q: how to learn CAPM model?

A: In order to increase the return and reduce the risk, investors generally adding some securities to…

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A: The Baumol model, also known as the Baumol-Allais-Tobin (BAT) model, is a cash management model. In…

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A: The Hamada Equation : The Hamada equation is a method used to analyse the cost of capital of firm.…

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A: The Walter Model of Careers is an influential theory in the field of career development. This model…

Amortized Loans

The term "amortization" refers to spreading the value of a loan or a debt over a series of regular payments or installments comprising of both the principal and interest amount. It generally involves the process where in the value of a loan or an intangible asset is written down over its maturity period.