sonaihriley
27.07.2020 •
Mathematics
Haynes, Inc., obtained 100 percent of Turner Company’s common stock on January 1, 2017, by issuing 11,800 shares of $10 par value common stock. Haynes’s shares had a $15 per share fair value. On that date, Turner reported a net book value of $133,850. However, its equipment (with a five-year remaining life) was undervalued by $5,650 in the company’s accounting records. Also, Turner had developed a customer list with an assessed value of $37,500, although no value had been recorded on Turner’s books. The customer list had an estimated remaining useful life of 10 years.
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Ответ:
$7 + $0.20p = $5 + $0.30p
Step-by-step explanation:
UPS charges $7 for the first pound and $0.20 for each additional pound.
FedEx charges $5 for the first pound and $0.30 for each additional pound.
Let's take the number of additional pounds that will make UPS and FedEx cost the same to be p.
$7 + $0.20p = $5 + $0.30p
$7 - $5 = $0.30p - $0.20p
$2 = $0.10p
p =
= 20 additional pounds