, 22.06.2019 19:30 livimal77

# At december 31, 2016, pina corporation had the following stock outstanding. 10% cumulative preferred stock, \$100 par, 107,810 shares \$10,781,000 common stock, \$5 par, 4,026,000 shares 20,130,000 during 2017, pina did not issue any additional common stock. the following also occurred during 2017. income from continuing operations before taxes \$21,950,000 discontinued operations (loss before taxes) \$3,505,000 preferred dividends declared \$1,078,100 common dividends declared \$2,300,000 effective tax rate 35 % compute earnings per share data as it should appear in the 2017 income statement of pina corporation

Constructing the consolidated balance sheet at acquisition on january 1 of the current year, healy company purchased all of the common shares of miller company for \$500,000 cash. balance sheets of the two firms immediately after the acquisition follow: during purchase negotiations, miller's plant assets were appraised at \$425,000 and all of its remaining assets and liabilities were appraised at values approximating their book values. healy also concluded that an additional \$45,000 (for goodwill) demanded by miller's shareholders was warranted because miller's earning power was better than the industry average. prepare the consolidating adjustments and the consolidated balance sheet at acquisition. use negative signs with consolidating adjustment answers, when appropriate.
The solution set for -18 x​
Jen left a job paying ​\$75,000 per year to start her own florist shop in a building she owns. the market value of the building is ​\$120,000. she pays ​\$35,000 per year for flowers and other​ supplies, and has a bank account that pays 5 percent interest. what is the economic cost of​ jen's business?
At december 31, 2016, pina corporation had the following stock outstanding. 10% cumulative preferred...
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