On april 1, pujols, inc., exchanges $606,000 fair-value consideration for 70 percent of the outstanding stock of ramirez corporation. the remaining 30 percent of the outstanding shares continued to trade at a collective fair value of $219,700. ramirez’s identifiable assets and liabilities each had book values that equaled their fair values on april 1 for a net total of $670,000. during the remainder of the year, ramirez generates revenues of $660,000 and expenses of $379,000 and declared no dividends. on a december 31 consolidated balance sheet, what amount should be reported as noncontrolling interest?

The following information is available for jase company: market price per share of common stock $25.00 earnings per share on common stock $1.25 which of the following statements is correct? a. the price-earnings ratio is 20 and a share of common stock was selling for 20 times the amount of earnings per share at the end of the year. b. the market price per share and the earnings per share are not statistically related to each other. c. the price-earnings ratio is 5% and a share of common stock was selling for 5% more than the amount of earnings per share at the end of the year. d. the price-earnings ratio is 10 and a share of common stock was selling for 125 times the amount of earnings per share at the end of the year.

Which of the following is not a consideration when determining your asset allocation

Manipulation manufacturing's (amm) standards anticipate that there will be 5 pounds of raw material used for every unit of finished goods produced. amm began the month of maymay with 8,000 pounds of raw material, purchased 25,500 pounds for $ 15,300 and ended the month with 7,400 pounds on hand. the company produced 4,9004,900 units of finished goods. the company estimates standard costs at $ 1.10 per pound. the materials price and efficiency variances for the month of maymay were: