Parrett corp. acquired one hundred percent of jones inc. on january 1, 2016, at a price in excess of the subsidiary's fair value. on that date, parrett's equipment (ten-year life) had a book value of $360,000 but a fair value of $480,000. jones had equipment (ten-year life) with a book value of $240,000 and a fair value of $350,000. parrett used the partial equity method to record its investment in jones. on december 31, 2018, parrett had equipment with a book value of $250,000 and a fair value of $400,000. jones had equipment with a book value of $170,000 and a fair value of $320,000. what is the consolidated balance for the equipment account as of december 31, 2018?

The maximum amount of money that a consumer can charge on a credit card is called the

Who is better at multi-tasking? in business, employees are often asked to perform a complex task when their atten-tion is divided (i.e., multi-tasking). human factors (may 2014) published a study designed to determine whether video game players are better than non–video game play-ers at multi-tasking. each in a sample of 60 college stu-dents was classified as a video game player or a non-player. participants entered a street crossing simulator and were asked to cross a busy street at an unsigned intersec-tion. the simulator was designed to have cars traveling at various high rates of speed in both directions. during the crossing, the students also performed a memory task as a distraction. two variables were measured for each student: (1) a street crossing performance score (measured out of 100 points) and (2) a memory task score (measured out of 20 points). the researchers found no differences in either the street crossing performance or memory task score of video game players and non-gamers. “these results,” say the researchers, “suggest that action video game players [and non-gamers] are equally susceptible to the costs of dividing attention in a complex task”

Which of the following is an example of a positive externality? a. promoting generic drugs would benefit people. b. a lower inflation rate would benefit most consumers. c. compulsory flu shots for all students prevents the spread of illness in the general public. d. singapore has adopted a comprehensive savings plan for all workers known as the central provident fund.