Angela, inc., holds a 90 percent interest in corby company. during 2017, corby sold inventory costing $77,000 to angela for $110,000. of this inventory, $40,000 worth was not sold to outsiders until 2018. during 2018, corby sold inventory costing $72,000 to angela for $120,000. a total of $50,000 of this inventory was not sold to outsiders until 2019. in 2018, angela reported separate net income of $150,000 while corby's net income was $90,000 after excess amortizations. what is the noncontrolling interest in the 2018 income of the subsidiary

Interest is credited to a fixed annuity no lower than the variable contract rate contract guaranteed rate current rate of inflation prime rate

Mae jong corp. issues $1,000,000 of 10% bonds payable which may be converted into 10,000 shares of $2 par value ordinary shares. the market rate of interest on similar bonds is 12%. interest is payable annually on december 31, and the bonds were issued for total proceeds of $1,000,000. in accounting for these bonds, mae jong corp. will: (a) first assign a value to the equity component, then determine the liability component. (b) assign no value to the equity component since the conversion privilege is not separable from the bond.(c) first assign a value to the liability component based on the face amount of the bond.(d) use the “with-and-without” method to value the compound instrument.

Your sister is thinking about starting a new business. the company would require $375,000 of assets, and it would be financed entirely with common stock. she will go forward only if she thinks the firm can provide a 13.5% return on the invested capital, which means that the firm must have an roe of 13.5%. how much net income must be expected to warrant starting the business? a. $41,234b. $43,405c. $45,689d. $48,094e. $50,625