Affiliate Marketing Secrets

JKRB, Don G and Sandy…first of all, thanks to all of you for your guidance through so many accounting problems on this forum. I have often been able to work through problems by reading your explanations and analysis’. You are helping so many more than the one who is asking the question! And speaking of questions…I have a whopper! The examples given in our text are so different from this problem. Desperately hoping one of you can help guide me through this one. (BTW..the first number will be the book value and the second will be the fair value..yahoo moves my numbers over like that.)
Axel Corporation acquires 100% of the stock of Wheal Company on December 31, Year 4. The following information pertains to Wheal Company on the date of acquisition:
Book Value Fair Value
Cash $40,000 $40,000
Accounts receivable 60,000 55,000
Inventory 50,000 75,000
Property, plant and equip (net) 100,000 200,000
Secret formula (patent) ___ 30,000
Total Assets $250,000 $400,000
Accounts payable $30,000 $30,000
Accrued employee pensions 20,000 22,000
Long-term debt 40,000 38,000
Capital stock 100,000 ___
Other contributed capital 25,000 ___
Retained earnings 35,000 ___
Total liabilities and equity $250,000 $90,000
Axel Corporation issues $110,000 par value ($350,000 market value on December 31, Year 4) of its own stock to the shareholders of Wheal Company to consummate the transaction, and Wheal Company becomes a wholly owned, consolidated subsidiary of Axel Corporation.
Required:
a. Prepare journal entries for Axel Corp. to record the acquisition of Wheal Company stock assuming (1) pooling accounting and (2) purchase accounting.
b. Prepare the worksheet entries for Axel Corp. to eliminate the investment in Wheal Company stock in preparation for a consolidated balance sheet at December 31, Year 4 assuming (1) pooling accounting and (2) purchase accounting.
c. Calculate consolidated retained earnings at December 31, Year 4 (Axel’s retained earnings at this date are $150,000), assuming:
(1) Axel Corp. uses the pooling method for this business combination.
(2) Axel Corp. uses the purchase method for acquisition of Wheal Company.
check
(b) Cr. Investment in Wheal for $110,000 in (1), and $350,000 total in (2)

It used to be that we mainly had ravens, but now we see that crows occupy a good share of the ravens’ niche. I am told that a huge crow roost east of town does not seem diminished. I have also heard that this appearance of crows in urban areas has been seen throughout North America.
I would appreciate if you would tell me about crows in your areas, whether they have increased, diminished, or remained the same–whether you are urban, or rural. I would also like to hear your explanations, and whether you think this increase is apparent, or real.
Thank you.

It used to be that we mainly had ravens, but now we see that crows occupy a good share of the ravens’ niche. I am told that a huge crow roost east of town does not seem diminished. I have also heard that this appearance of crows in urban areas has been seen throughout North America.
I would appreciate if you would tell me about crows in your areas, whether they have increased, diminished, or remained the same–whether you are urban, or rural. I would also like to hear your explanations, and whether you think this increase is apparent, or real.
Thank you.

It used to be that we mainly had ravens, but now we see that crows occupy a good share of the ravens’ niche. I am told that a huge crow roost east of town does not seem diminished. I have also heard that this appearance of crows in urban areas has been seen throughout North America.
I would appreciate if you would tell me about crows in your areas, whether they have increased, diminished, or remained the same–whether you are urban, or rural. I would also like to hear your explanations, and whether you think this increase is apparent, or real.
Thank you.

Hi everyone
I would like to get some help to find the best futures industries. I know that is complicated and that everyone is going to say that if was that simple I would be the richest man in the world and bla bla bla. I use a combination of technical and fundamental analysis, most people tell you that you should find the best industries and then the best stocks on the top industries but then, the way that they pick the best industries is too technical and to vague for me. Like in the book “How to make Money in Stocks” that says that picking the right industry is half the return that you would get from a stock and then goes by saying pick the best 50 industries that have the best 6 month Relative Strength, then on a very similar book of Stan Weinstein “Secrets For Profiting in Bull and Bear Markets” says that you have to do stage analysis base on the 150 week moving average line.
To be honest if the industry that you select is so important I think that booth explanations are a bit simplistic, also I would like to get in the trend a bit before the industry is already over the moon.
I have been trying to find books about this topic without success, also I have search other strategies base more on fundamentals but they are all pure bottom up and they just compare the stocks with the industry and nothing else.
Please heeelllllllpppppppppp