Business, 15.04.2020 03:40 aprilayleen
An investor company owns 30% of the common stock of an investee company. The investor has significant influence over the investee. During the year ended December 31, 2019, the investee bought $100,000 of inventory from the investor. The investor includes gross profit of 40% on all inventory sales transactions. At December 31, 2019, the investee held $200,000 of total inventory, with $20,000 of this inventory purchased from the investor during 2019. For the year ended December 31, 2019, the investor and investee reported $90,000 and $40,000, respectively, of net income. What amount of investment income from the investee did the investor recognize during the year ended December 31, 2019? Select one: a. $14,400 b. $9,600 c. $8,000 d. $12,000
Answers: 2
Business, 21.06.2019 21:30
Gary becker's controversial the economics of discrimination concludes that price discrimination has no effect on final profits. price discrimination benefits monopolies. labor discrimination in hiring results in more efficient allocations of production. discrimination in hiring practices has no effect on final profits. labor discrimination harms firms that practice it due to increased labor costs. price discrimination harms monopolies, which refutes over two centuries of economic theory.
Answers: 3
Business, 22.06.2019 01:20
All of the industries and businesses in the country of marksenia are privately owned and sell products at different prices that are not controlled by the government or any other organizational body. consumers in marksenia are free to buy as much of the products as they like from the businesses they want. the country of marksenia has a
Answers: 1
Business, 22.06.2019 10:50
Choose the statement that is incorrect. a. search activity occurs only in markets where there is a shortage. b. when a price is regulated and there is a shortage, search activity increases. c. the time spent looking for someone with whom to do business is called search activity. d. the opportunity cost of a good is equal to its price plus the value of the search time spent finding the good.
Answers: 3
Business, 22.06.2019 11:00
When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement
Answers: 3
An investor company owns 30% of the common stock of an investee company. The investor has significan...
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