On december 31, 20x4, worth corporation acquired 90 percent of brinker inc.'s common stock for $864,000. at that date, the fair value of the non-controlling interest was $96,000. of the $240,000 differential, s5,ooo related to the increased value of brinker's inventory, $75,000 related to the increased value of its land, s60,ooo related to the increased value of its equipment, and $50,000 was associated with a change in the value of its notes payable due to increasing interest rates. brinker's equipment had a remaining life of 15 years from the date of combination. brinker sold all inventory it held at the end of 20x4 during the land to which the differential related also was sold during the year for a large gain. the amortization of the differential relating to brinker's notes payable was s7,500 for 20x5. at the date of combination, brinker reported retained earnings of s120,ooo, common stock outstanding of s500,ooo, and premium on common stock of $100,000. for the year 20x5, it reported net income of s150,ooo but paid no dividends. worth accounts for its investment in brinker using the equity method.
required
a. present all entries that worth would have recorded during 20x5 with respect to its investment in brinker.
b. present all elimination entries that would have been included in the worksheet to prepare a full set of consolidated financial statements for the year 20x5.

Cooper sues company a in state court in south carolina, where he lives, for negligence alleging personal injury and property damage of $100,000 after a truck driven by an employee of company a rear-ended his pickup truck. company a is incorporated in delaware, has its headquarters in new york, but does a substantial amount of business in south carolina. claiming diversity of citizenship, company a seeks removal to federal district court, but cooper opposes the motion. which of the following is true regarding whether the case may be properly removed to federal district court? the amount in controversy satisfies diversity requirements; and if company a's nerve center is in a state other than south carolina, then the case may be properly removed to federal court.the amount in controversy satisfies diversity requirements; and because company a is incorporated and has its headquarters in a state other than south carolina, the case may be properly removed to federal court.because the amount in controversy satisfies diversity requirements and company a is incorporated in a state other than south carolina, the case may be properly removed to federal court regardless of where company a's headquarters, nerve center, or principal place of business is located.because the amount in controversy satisfies diversity requirements and company a is headquartered in a state other than south carolina, the case may be properly removed to federal court regardless of where company a is incorporated and regardless of the location of its nerve center.because the amount in controversy fails to satisfy jurisdictional requirements, regardless of the location of company a, the case may not be removed to federal court.

If an investment has 35 percent more nondiversifiable risk than the market portfolio, its beta will be:

What is the purpose of the us international trade association?