Business, 06.04.2020 18:41 willcoop6470
Edgar Co. acquired 60% of Stendall Co. on January 1, 2013. During 2013, Edgar made several sales of inventory to Stendall. The cost and selling price of the goods were $140,000 and $200,000, respectively. Stendall still owned one-fourth of the goods at the end of 2013. Consolidated cost of goods sold for 2013 was $2,140,000 because of a consolidating adjustment for intra-entity sales less the entire profit remaining in Stendall's ending inventory. How would non-controlling interest in net income have differed if the transfers had been for the same amount and cost, but from Stendall to Edgar?
a. Non-controlling interest in net income would have decreased by $6,000.
b. Non-controlling interest in net income would have increased by $24,000.
c. Non-controlling interest in net income would have increased by $20,000.
d. Non-controlling interest in net income would have decreased by $18,000.
e. Non-controlling interest in net income would have decreased by $56,000.
Answers: 3
Business, 22.06.2019 06:10
Investment x offers to pay you $5,700 per year for 9 years, whereas investment y offers to pay you $8,300 per year for 5 years. if the discount rate is 6 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y $ if the discount rate is 16 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y
Answers: 1
Business, 22.06.2019 17:20
Andy owns islander surfboard inc. in the past, andy has always given his employees bonuses during the holidays if they reached certain sales goals. this year, even though the company is thriving, he decided to cut bonuses from employees and award them to himself instead. what ethical theory of leadership is andy following?
Answers: 1
Business, 22.06.2019 19:30
John's pizzeria and equilibrium john is selling his pizza for $6 per slice in an area of high demand. however, customers are not buying his pizza. using what you learned about the principles of equilibrium, write three to four sentences about how john could solve his problem.
Answers: 1
Business, 23.06.2019 02:30
Congressman patrick indicates that he is opposed to tax proposals that call for a flat tax rate because the structure would not tax those individuals who have the ability to pay the tax. discuss the position of the congressman, giving consideration to tax rate structures (e.g., progressive, proportional, and regressive) and the concept of equity.
Answers: 3
Edgar Co. acquired 60% of Stendall Co. on January 1, 2013. During 2013, Edgar made several sales of...
Mathematics, 26.01.2021 16:20
Mathematics, 26.01.2021 16:20
Mathematics, 26.01.2021 16:20
Mathematics, 26.01.2021 16:20
Mathematics, 26.01.2021 16:20
English, 26.01.2021 16:20
Physics, 26.01.2021 16:20
Social Studies, 26.01.2021 16:20
Mathematics, 26.01.2021 16:20
Mathematics, 26.01.2021 16:20