Pell Company acquires 80% of Demers Company for $500,000 on January 1, 2019. Demers reported common stock of $300,000 and retained earnings of $210,000 on that date. Equipment was undervalued by $30,000 and buildings were undervalued by $40,000, each having a 10-year remaining life. Any excess consideration transferred over fair value was attributed to goodwill with an indefinite life. Based on an annual review, goodwill has not been impaired.

Demers earns income and pays dividends as follows:

2019
Net $100,000
income Dividends 40,000

2020
Net $120,000
income Dividends 50,000

2021
Net $130,000
income Dividends 60,000

1. Assume the equity method is applied. Compute the noncontrolling interest in Demers at December 31, 2020.

a.107,000
b.126,000
c.109,200
d.149,600
e.148,200

2. Assume the equity method is applied. Compute the noncontrolling interest in Demers at December 31, 2021.

a.107,800
b.140,000
c.165,200
d.160,800
e.146,800

Assuming Soz, Inc. uses the FIFO periodic inventory procedures, the ending inventory cost is $2,960.

The FIFO periodic inventory system assumes that goods sold first are the ones put in stock earlier.

To determine the ending inventory, the units bought last are used, and this calculation is always done at the end of the financial period, instead of when units are sold.

                                 Units    Unit Cost     Total Cost     Units Sold

Beginning Inventory  32            $72           $2,304

Sale No. 1                                                                              10

Purchase No. 1          28              80              2,240

Sale No. 2                                                                            32

Purchase No. 2         20              76               1,520

Totals                        80                              $6,064            42

Ending inventory = 38 (80 - 42) units

Ending inventory cost = $2,960 (20 x $76 + 18 x $80)

Thus, assuming Soz, Inc. uses the FIFO periodic inventory procedures, the ending inventory cost is $2,960.

Learn more about FIFO periodic inventory system at https://brainly.com/question/14917321

The purpose of this category of interview questions is to explore the applicant's past performance and behavior questions

Behavioral questions are an interview question used to probe an applicant's past behaviors and performances to gauge future job performances.

Such inquiries often require them to describe a situation or task they encountered previously and explain how they responded; behavioral queries are used frequently during job interviews to assess an applicant's skills, competencies, experiences and evaluation for specific roles or organizations.

Read more on  interview questions

https://brainly.com/question/8846894

#SPJ1

Answer:

true

Explanation:

it express that thing

Answer:

A credit score is a numerical representation of a person's creditworthiness, which lenders use to determine their ability to repay loans. Unfortunately, people with low credit scores may find it difficult to access credit, which can make it challenging to obtain loans to start a business, purchase a home, or cover emergency expenses. This lack of access to credit can make it challenging for people caught in the cycle of poverty to break free, as they may not have the resources to address urgent financial needs or invest in income-generating opportunities. Additionally, without access to credit, they may turn to predatory lenders or high-interest credit cards, further perpetuating the cycle of poverty. Therefore, a low credit score can contribute to keeping someone caught in a cycle of poverty by limiting their financial options and making it difficult to improve their economic situation.

Explanation:

Answer:

Netflix stock was falling sharply Wednesday after the streaming giant posted disappointing first-quarter earnings, prompting a flurry of price target cuts and critique from analysts.

Explanation:

Hope this helpes.

If the real interest rate in the United states increases relative to that of the rest of the world, capital flow should increase.

Real interest rate is the rate earned by those who give out their monies to businesses. The real interest rate has been adjusted for inflation.

When the real interest rate increases, the return earned by investors increase. This would encourage investors to increase their investment in the United States. As a result,  capital flow should increase.

To learn more about interest rate, please check: https://brainly.com/question/26500076

#SPJ1

I think it is C I looked up some stuff and they all add up to C

In general, corporations buy preferred stock from other companies because of tax exemption on the dividends, ranging from 70% to 100% depending on the specific circumstances.

This tax advantage makes preferred stock an attractive investment for corporations seeking to generate income while minimizing their tax liabilities. Corporations often invest in preferred stock as a means of diversifying their investment portfolio and generating income. Preferred stock is a type of equity security that carries a fixed dividend payment, typically higher than the dividends paid to common stockholders. One of the key advantages of preferred stock for corporations is the tax exemption on dividends received from certain types of preferred stock. The tax exemption on preferred stock dividends varies depending on the jurisdiction and the specific circumstances. In some cases, corporations may be eligible for a tax exemption ranging from 70% to 100% of the dividends received. This means that a significant portion, if not all, of the dividend income generated from preferred stock investments, is not subject to taxation.

By investing in preferred stock, corporations can take advantage of this tax benefit to increase their after-tax income. This can be particularly attractive for corporations with high tax liabilities, as the tax-exempt dividends from preferred stock can offset taxable income from other sources. Furthermore, preferred stock offers other advantages for corporations, such as a priority claim on assets and a fixed dividend payout. This can provide stability and consistent income for corporate investors, which may be desirable for cash flow management and meeting financial obligations.

Overall, the tax exemption on dividends received from preferred stock is a significant factor that motivates corporations to invest in this type of security. By taking advantage of the tax benefits and attractive dividend yields, corporations can enhance their investment returns and optimize their tax position.

Learn more about financial here:- brainly.com/question/28319639

#SPJ11

Answer:

So the money isn’t fraud or stolen/illegal

Answer:

Businesses are motivated by wanting to make money. That money needs to be legal and known that its for profit motived and not stolen

Answer:

b specialized

Explanation:

it the one that makes the most sense

i'm pretty sure it's likely !

Answer:

c

Explanation:

,,,,,,,,,,,,,,,,,,,,,,,,,,,,

The weighted average contribution margin, based on the information provided, is $3.5.

When a corporation produces multiple product types, figuring out the sales Break-even point or the targeted profit level is more difficult because the profit from each product differs. Therefore, utilising information on sales mix, variable costs, purchase price, and selling price, the contribution margin of each product is determined. The weighted average contribution margin is then calculated by averaging the contribution margins of all the goods.

Contribution Margin per unit for economy clippers = Sales Price - Cost Price

Contribution Margin = $6 - $4

Therefore, Contribution Margin for economy clippers = $2 per unit.

Contribution Margin per unit for high-end clippers = Sales Price - Cost Price

Contribution Margin = $15 - $8

Therefore, Contribution Margin for high-end clippers = $7 per unit.

Given Data:

Consequently, the clippers' weighted-average Contribution margin

weighted-average Contribution margin = (Contribution Margin for economy clippers * Market Share of Economy Clippers) + (Contribution Margin for high-end clippers * Market Share of high-end Clippers)

weighted-average Contribution margin = (2 * 0.7) + (7 * 0.3) = 1.4 + 2.1

Therefore, the weighted-average Contribution margin = $3.5

To know more about contribution margin, refer to this link:

https://brainly.com/question/19672003

#SPJ4

Prior to certifying the Managing Accounting Billing Statement for contract payments by Governmentwide Commercial Purchase Card, the Approving/ Billing Official must "review and ensure all Cardholder supporting documentation supports the payment" and "ensure adequate funds are available to make the payment". Options A and B are correct answers.

Managing Accounting Billing Statements (MABS) is a system that allows the billing official (BO) to view all transactions made using the GPC by their agency, including the current balance on the card account. The BO is also responsible for resolving issues that arise with the cardholders' transactions.

BOs should only certify and pay MABS for authorized cardholders and approved transactions. Prior to certifying the Managing Accounting Billing Statement for contract payments by Governmentwide Commercial Purchase Card, the Approving/ Billing Official must review and ensure all Cardholder supporting documentation supports the payment and ensure adequate funds are available to make the payment.  

These two steps are important to ensure that transactions are properly documented and that there are sufficient funds to make payments. The Approving/Billing Official (A/BO) is the individual responsible for reviewing and certifying the accuracy and completeness of each transaction included in the MABS.

They are also responsible for ensuring that the payment is supported by appropriate documentation and ensuring that the payment is made only for authorized purchases. The A/BO must be an individual who is authorized to approve payments on behalf of the agency or organization.

Thus, options A and B are correct answers.

You can learn more about Managing Accounting Billing Statement  at

https://brainly.com/question/30158194

#SPJ11

Answer:

D. So that they have an easier time getting loans and credit cards

Explanation:

A credit score is a three-digit numerical that communicates reliability in debt repayments. Credit scores range between 300 to 850. Lenders seek to find the credit score for a borrower before advancing credit facilities to them. A higher credit score indicates a borrower is less likely to default on a loan.

Maintaining a high credit score enables one to obtain credit with relatively easy and at lower interest rates. Lenders feel comfortable extending credit to a customer with a high credit score. They consider them a low-risk borrower.

Answer:

decision making role

Explanation:

Management roles vary depending on which type of manager we are talking about: upper, middle or lower management. Management roles include:

The given project schedule is as follows: A – Complete Design; B – Site Selection; C – Fabricate Tower Sections; D – Transport Tower Sections to Site; E – Erect Tower Sections; F – Install Antennas and Transmitters; G – Test Tower Performance.

Given the information, the expected time duration for the project is 20.The expected time duration for the project is the sum of the time duration of each activity involved in the project. Here, we have the following activities:Complete Design: 2 daysSite Selection: 1 dayFabricate Tower Sections: 6 daysTransport Tower Sections to Site: 2 daysErect Tower Sections: 3 daysInstall Antennas and Transmitters: 3 daysTest Tower Performance: 3 daysHence, the total duration of the project would be 20 days. Thus, option D (20) is the correct answer.Here are some tips for writing answers with more than 200 words.

Start with an introduction: Begin by introducing your topic and briefly explain what it entails. This helps give the reader an idea of what to expect in your answer.2. Provide detailed information: To reach the required word count, provide in-depth explanations, examples, and elaborations on the topic. Use different sources of information to support your argument.3. Organize your answer: Break your answer into subheadings and paragraphs to make it easier to read and understand. Use transition words to make your sentences flow.4. Summarize and conclude: Summarize the main points of your answer and provide a conclusion that ties everything together. This will help the reader understand the key takeaways from your answer.

To know more abour schedule visit:

https://brainly.com/question/32234916

#SPJ11

The statement that is TRUE about communication within a corporate organization is "It is important in the decision-making process". The term that refers to the degree and nature of interdependence between the power holder and others is "centrality".

Communication is a process of exchanging information between individuals, groups, or organizations, and it is important in all aspects of business. A corporate organization depends on effective communication to run its operations smoothly. Information is exchanged among employees, customers, and stakeholders to improve decision making.The given statements are:It is typically done through informal rather than formal mediums. It usually hampers employee well-being as it increases stress in the work environment. It hardly influences the behavior of people at a workplace. It is important in the decision-making process.
Among the given statements, the statement that is TRUE about communication within a corporate organization is "It is important in the decision-making process".The term that refers to the degree and nature of interdependence between the power holder and others is "centrality".Centrality refers to the degree and nature of interdependence between the power holder and others. It is a measure of the extent to which a particular individual is at the center of a social network.

to know more about corporate visit:

brainly.com/question/32217998

#SPJ11

Answer:

a)30 days

Explanation:

For the stove to repay itself, it will have to reach the break-even point.

the costs associated with the are the cost $9000

The gains from the stove:  20 meals per night at $20.

the cost per mean is 25% of the selling price

=25/100 x 20

=0.25 x20

=$5

The profits per meal = $20 -$5 = $15

Profits for 20 meals = $15 x 20 =$300

Dairy income from the stove is $300

To recover the cost, it will take $9000/$300 days.

=30 days

Answer:

30 days

Explanation:

Answer:

tax

Explanation:

the tax is a national practise carried all over the country

Answer:

The product would sell for more

Kevin leads in an autocratic manner since he just cares about his work. He seldom ever notices his subordinates. He doesn't even compensate the workers for their efforts.

Autocratic or authoritarian behavior as a leadership style.

An authoritarian leader consolidates his own personal control over both decision-making and authority. Without speaking to the workforce, he gives directions and assigns endeavors and liabilities. The pioneer assumes all authority and responsibility.

Negative leadership that relies on threats and punishment is autocratic.

Subordinates go about as he coordinates. He neither really focuses on their perspectives nor licenses them to impact the choice. He accepts that due to his position he alone can conclude what is best in a given circumstance.

Close oversight, unambiguous guidance, and directing requests from the majority are the foundations of autocratic leadership. It functions with quick decisions, brief activity, and heading unity. A lower level of appointment is required. Nevertheless, an excess of purpose of power could result in strikes and current debates. It makes sense to instill dissatisfaction and impede the growth of the employee limit.

Kevin leads in an autocratic manner since he just cares about his work. He seldom ever notices his subordinates. He doesn't even compensate the workers for their efforts. Individual control over all choices and little participation from the group are traits of his behavior. He frequently disregards advice and makes decisions based solely on his opinions and judgments.

These sorts of choice include the utilization of power gave on the singular taking the choice by the association's design. Hierarchical decisions are those decisions taken simply in light of a legitimate concern for the association. Directors are given the authority by the firm to settle on decisions in light of a legitimate concern for the association. Notwithstanding, this authority doesn't concede them the ability to pursue individual decisions. It should likewise be perceived that while hierarchical decisions can be assigned, individual decisions can't be appointed.

To explain further the concession among individual and hierarchical choice, let us think about the accompanying model. James Harrison was terminated by the supervisor since he didn't submit to the principles of the organization. This would be an authoritative choice. In any case, assuming James Harrison was terminated essentially on the grounds that the director loathed him for not a great explanation connected with the organization then that would be an individual choice. An authoritative choice is customized yet an individual choice is non-modified.

Functional:

Typically, judgments related to everyday activities are made functionally. These kinds of tailored choices are, by definition, meant to help the organization achieve short-term objectives. Chiefs at lower and middle levels typically make these decisions. Functional decisions must be made within the framework of the organization's established practices. As a result, those that must accept functional option are allowed to exercise their very own constrained utilization caution and drive.

Simple functional decisions, such regularly procuring writing materials and other natural resources, are designed to have an impact on a certain area or division of the company. As we can see, making such a decision will only affect the buying department.

Strategic Decisions:

It is implied that decisions involving important but one-time issues qualify as critical decisions. These decisions are made using a variety of administrative skills, wisdom, and experience. Not at all like functional choices, important decisions worry the firm's drawn-out points. When making a crucial decision, the person or group making it must carefully consider how the company association and its current situation are related. Important judgments are less secure in nature since the climate is constantly changing. Another reverence among important and practical choices is that crucial judgments are made by senior management.

Learn more about autocratic here

https://brainly.com/question/24152396

#SPJ1

Answer: The Answer is diversity, Counsel, and Interactions.

Explanation:

This is correct, I just took the test. :)

Answer:

The price of Oil effect the price of food because it all works together in the economy/system

Explanation:

True is the correct answer, if one of the effects of gas prices rising from about $2 to about $4 per gallon was airlines ordering new, fuel-efficient aircraft.

Fuel efficiency is a type of thermal efficiency and refers to the effort-to-result ratio of a process that transforms the chemical potential energy present in a carrier (fuel) into kinetic energy or work. Depending on the device, which in turn depends on the application, overall fuel efficiency may vary. This spectrum of variation is frequently depicted as a continuous energy profile.

Increased fuel efficiency is advantageous for non-transportation applications like industry, especially for fossil fuel power plants or combustion-related industries like those that make ammonia during the Haber process.

Fuel economy, when used in relation to transportation, refers to a vehicle's energy efficiency as measured by the ratio of the distance travelled to the amount of fuel consumed.

Learn more about fuel-efficient

https://brainly.com/question/27165872

#SPJ4

Yes John would be able to register by making use of the special election period.

The special election period is also sometimes referred to as the special enrollment period in the United States.

This is the period that the beneficiaries of Medicare are able to make changes to their advantage or to their coverages in the nation.

This has to be done outside of what is their initial enrollment period . This is a yearly open period where the citizens are able to sign up for Medicare in the nation.

Read more on Medicare here:

https://brainly.com/question/1960701

#SPJ1

Answer:

78% of 2.

Explanation:

Get a calculator. Press ON, then press 78 WITH PERCENT IF APPLICABLE. Times 2. Enter, thats your answer is what you get.

Answer:

Prime

Explanation:

Took the quiz

The simplest multiple-person business entity is the partnership.

This business entity is defined as the relationship between two or more people who work together to conduct business for mutual benefit.

The partners combine their resources, capital, and labor to achieve a common goal, and they share in the profits and losses of the business.The partners are not required to file a separate tax return for the partnership. Instead, they report their share of the profits or losses on their individual tax returns.

The partnership agreement spells out the details of how the business is to be run, including the division of profits and losses among the partners, the responsibilities of each partner, and the procedures for adding or removing partners.

The partnership does not have a separate legal identity from its partners. Each partner is personally responsible for the debts and obligations of the business. If the business is sued or goes bankrupt, each partner is individually liable for the entire amount of the debt.

Learn more about business entity here,

https://brainly.com/question/28333410

#SPJ11

The maximum ratio the lender would like to see on a PITI to Monthly Gross Income is typically around 28%.

What is Monthly Gross Income?

Monthly Gross Income is the total amount of income earned by an individual or household before any deductions or taxes are taken out. It is an important factor in determining an individual's or household's financial position and eligibility for various financial services, such as loans and credit cards.

In general, the maximum ratio the lender would like to see on a PITI to Monthly Gross Income is 28%. This means that the lender typically prefers that your total housing expenses, including principal, interest, taxes, and insurance, should not exceed 28% of your monthly gross income. This helps ensure that you can afford the monthly mortgage payments and reduces the risk of default.

To know more about maximum ratio visit

https://brainly.com/question/29284596

#SPJ11