emilianicole288

Question 5. (15 marks) Consider the set of all real numbers r such that
-00 < r ≤ -1.
(a) Is this set bounded?
(b) Give two different upper bounds.
(c) Find the supremum of this set.
Justify your answers.

Allen Company acquired 100 percent of Bradford Company's voting stock on January 1, 2017,by issuing 10,000 shares of its $10 par value common stock (having a fair value of $14 per share). As of that date, Bradford had stockholders' equity totaling $105,000. Land shown on Bradford's accounting records was undervalued by $10,000. Equipment (with a five-year remaining life) was undervalued by $5,000. A secret formula developed by Bradford was appraised at $20,000 with an estimated life of 20 years. what is the subsidiary earnings in Allen company when Bradford Company's net income is 68000