On january 1, 20x7, pepper company acquired 90 percent of the outstanding common stock of salt corporation for $1,242,000. on that date, the fair value of noncontrolling interest was equal to $138,000. the entire differential was related to land held by salt. at the date of acquisition, salt had common stock outstanding of $520,000, additional paid-in capital of $200,000, and retained earnings of $540,000. during 20x7, salt sold inventory to pepper for $440,000. the inventory originally cost salt $360,000. by year-end, 30 percent was still in pepper's ending inventory. during 20x8, the remaining inventory was resold to an unrelated customer. both pepper and salt use perpetual inventory systems. income and dividend information for both pepper and salt for 20x7 and 20x8 are as follows: pepper company salt corp. operating income dividends net income dividends 20x7 $ 860,000 $ 160,000 $ 360,000 $ 200,000 20x8 910,000 200,000 420,000 200,000 assume pepper uses the fully adjusted equity method to account for its investment in salt. required: a. present the worksheet consolidation entries necessary to prepare consolidated financial statements for 20x7. b. present the worksheet consolidation entries necessary to prepare consolidated financial statements for 20x8.

Which statement about the cost of the options is true? she would save $1,000 by choosing option b. she would save $5,650 by choosing option a. she would save $11,200 by choosing option b. she would save $11,300 by choosing option a.

Which type of data is generally stored in different file formats, such as text files, spreadsheets, and so on?

Eagle sporting goods reported the following data at july ​31, 2016​, with amounts adapted in​ thousands: ​(click the icon to view the income​ statement.) ​(click the icon to view the statement of retained​ earnings.) ​(click the icon to view the balance​ sheet.) 1. compute eagle​'s net working capital. 2. compute eagle​'s current ratio. round to two decimal places. 3. compute eagle​'s debt ratio. round to two decimal places. do these values and ratios look​ strong, weak or​ middle-of-the-road? 1. compute eagle​'s net working capital. total current assets - total current liabilities = net working capital 99400 - 30000 = 69400 2. compute eagle​'s current ratio. ​(round answer to two decimal​ places.) total current assets / total current liabilities = current ratio 99400 / 30000 = 3.31 3. compute eagle​'s debt ratio. ​(round answer to two decimal​ places.) total liabilities / total assets = debt ratio 65000 / 130000 = 0.50 do these ratio values and ratios look​ strong, weak or​ middle-of-the-road? net working capital is ▾ . this means ▾ current assets exceed current liabilities current liabilities exceed current assets and is a ▾ negative positive sign. eagle​'s current ratio is considered ▾ middle-of-the-road. strong. weak. eagle​'s debt ratio is considered ▾ middle-of-the-road. strong. weak. choose from any list or enter any number in the input fields and then continue to the next question.