The non-controlling interest in the 2021 income of the subsidiary is $9,759.40.
The non-controlling interest in the 2021 income of the subsidiary can be calculated by first determining the equity income from the subsidiary, adjusting for unrealized profits, and then finding the noncontrolling interest's share of the adjusted income.
Step 1: Calculate the equity income from Corby
Angela's ownership percentage = 90%
Corby's net income = $132,000
Equity income from Corby = 90% * $132,000 = $118,800
Step 2: Adjust for unrealized profits
2020 inventory not sold until 2021:
Gross profit = $134,000 - $87,100 = $46,900
Unrealized profit in 2020 = ($57,200 / $134,000) * $46,900 = $19,878
Realized profit in 2021 = $46,900 - $19,878 = $27,022
2021 inventory not sold until 2022:
Gross profit = $210,000 - $115,500 = $94,500
Unrealized profit in 2021 = ($63,000 / $210,000) * $94,500 = $28,350
Step 3: Adjust equity income for realized and unrealized profits
Adjusted equity income = $118,800 - $19,878 + $27,022 - $28,350 = $97,594
Step 4: Calculate the noncontrolling interest's share of the adjusted income
Noncontrolling interest percentage = 100% - 90% = 10%
Noncontrolling interest in 2021 income = 10% * $97,594 = $9,759.40
Therefore, the non-controlling interest in the 2021 income of the subsidiary is $9,759.40.
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The owner of an undeveloped lot agrees to sell the lot to a buyer. The written agreement identifies the parties, describes the property in sufficient detail, specifies the price to be paid, and spells out the payment terms. The agreement is signed by the owner. In accord with the agreement, the buyer pays the required down payment to the owner. Subsequently, the buyer constructs a garage on the lot as the first step towards building a three-story residence, but, due to a financial reversal, abandons his construction efforts.
May the seller bring an action to compel the buyer to complete the purchase?
Yes, due to the doctrine of part performance.
How would the seller compel the buyer to complete the purchase?A contract between the parties is strongly suggested by the buyer's activities, which include paying a portion of the purchase price to the owner and building a garage on the property (which is a considerable improvement of the lot). In order to require particular fulfillment of a land sales contract, either party may use the theory of part performance.
An oral contract can nonetheless be recognized and upheld by a court despite having flaws in the law because to the equitable principle known as the doctrine of part performance. It offers an alternative to the statutory prohibition against the enforcement of an oral contract.
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what is the correct journal entry to recognize profit for a long-term construction project for which revenue is recognized over time? multiple choice question. debit construction in progress and debit cost of construction; credit revenue from long-term contracts debit cost of construction; credit revenue from long-term contracts debit billings on construction contract; credit construction in progress debit billings on construction and debit accounts receivable; credit revenue from long-term contracts
The correct journal entry to recognize profit for a long-term construction project for which revenue is recognized over time is option (b) credit revenue from long-term contracts debit cost of construction
For long-term construction projects, revenue is recognized over time using the percentage-of-completion method. Under this method, revenue is recognized based on the percentage of completion of the project, which is determined by comparing the costs incurred to date to the total estimated costs of the project.
Therefore, to recognize profit for a long-term construction project, you need to credit revenue from long-term contracts (to recognize the revenue earned) and debit the cost of construction (to recognize the costs incurred).
Therefore, the correct option is (b) credit revenue from long-term contracts debit cost of construction
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When selecting interests/activities to include on your résumé, select those that are _____.
relevant
challenging
interesting
dangerous
Answer:
When selecting interests/activities to include on your résumé, select those that are interesting.
Explanation:
You don't want to be stuck doing something you hate for a living. I might say challenging since everybody's brains need risk and challenge to develop and mature, but you don't want to k!ll yourself either when it could be easy.
Consider a hypothetical situation in which a firm has the option to make or buy a part. A supplier is able to supply the part at $7 per unit. The firm estimates that it costs $500 to prepare the contract with the supplier. To make the part, the firm must invest $25,000 in equipment, and the firm estimates that it costs $5 per unit to make the part. Which of the following is TRUE? O If the requirement is 15,000 units, the buy option is $5,500 cheaper than the make option. O None of them. O If the requirement is 15,000 units, the make option is $5,000 cheaper than the buy option. O The break-even point is 12,250 units and the total cost at the break-even point is $86,250.
Option C (If the requirement is 15,000 units, the buy option is $5,500 cheaper than the make option) is the correct answer. In the given hypothetical situation in which a firm has the option to make or buy a part, a supplier is able to supply the part at $7 per unit.
In the given hypothetical situation in which a firm has the option to make or buy a part, a supplier is able to supply the part at $7 per unit. The firm estimates that it costs $500 to prepare the contract with the supplier. To make the part, the firm must invest $25,000 in equipment, and the firm estimates that it costs $5 per unit to make the part. We need to calculate which option is cheaper for the firm to consider.
The formula for the make option is: $5/unit + $25,000/15,000 units = $6.67/unit
The formula for the buy option is:$7/unit * 15,000 units + $500 = $106,500
Hence, if the requirement is 15,000 units, the buy option is $5,500 cheaper than the make option. Option O (If the requirement is 15,000 units, the buy option is $5,500 cheaper than the make option) is correct.
The break-even point can be calculated as follows: $5/unit + $25,000/x = $7/unit * xTotal Cost (TC) = Fixed Cost (FC) + Variable Cost (VC) * Quantity (Q)
Where,FC for make option = $25,000
VC for make option = $5/unit
FC for buy option = $500
VC for buy option = $7/unit
TC for make option = $25,000 + $5/unit * x
TC for buy option = $500 + $7/unit * x
For the break-even point, TC for make option = TC for buy option
$25,000 + $5/unit * x = $500 + $7/unit * xx = 12,250 units
The break-even point is 12,250 units. And, the total cost at the break-even point is $86,250. Option O (The break-even point is 12,250 units and the total cost at the break-even point is $86,250) is not correct.
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what is the meaning of business opportunity
Answer:
A business opportunity (or bizopp) involves sale or lease of any product, service, equipment, etc. that will enable the purchaser-licensee to begin a business. ... This is different from the sale of an independent business, in which there is no continued relationship required by the seller.
Explanation:
Write any five methods of getting information of foreign employment and discuss any one of them.
Answer:
May it will help you
Explanation:
1) Notice board
2) Book of introduction
3) Institutions work working under the ministry of labour
4) Authority of human resources
5) Manifestos of training institutions
6)Web site
7) Newspapers
8) Public meeting :the manpower company, training institutions and institutions of public counseling are working in the field of foreign employment in nepal.
They come to the direct or indirect contact of people through various programmes of interaction, seminar, and meeting.
9)Radio and television
Foreign employment getting information through Notice board, Book of introduction, Authority of human resources, Web site, and Newspapers.
Who is Foreign employment?
Public meeting: When the manpower company, training institutions, and institutions of public counseling are working in the field of foreign employment in Nepal.
Although, They come to direct or indirect contact with people through various programs of interaction, seminars, and meetings.
Also, Foreign employment getting information through Institutions work working under the ministry of labor, Manifestos of training institutions, Radio, and television
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Prepaid expenses require what type of adjusting entry? Question options: Matched Accumulated Accrued Deferral
Answer:
deferral
Explanation:
Adjusting entries are when changes are made to already recorded journal entries.
Categories of adjusting entries :
accrued revenuesaccrued expensesunearned revenuesprepaid expensesdepreciation.Prepaid expenses are payments made for services yet to be delivered.
For example, paying for a year's worth of subscription on your streaming service
Prepaid expenses is an example of deferred payment, so the adjustment should be a deferral
Uma has been given the task of arranging for five-day conference
for foreign delegates. In order to smooth functioning of the event,
he has made two people as coordinators to take care of activities
related to registration and refreshment.
Identify the function of management being carried out by Uma.
(a) Planning
(b) Staffing
(c) Organising
(d) Directing
pls ans all if possible
Answer:
I think option planning
Inflation jump poses dilemma for BoE
Inflation jumped to 5.4 percent in December, its highest in 30 years, deepening a cost of living crisis that is squeezing household incomes and putting pressure on the Bank of England (BoE) to raise interest rates.
Source: Adapted from C. Giles (2022) ‘Inflation jump poses dilemma for BoE’, The Financial Times, (20th January 2022).
Explain why the Bank of England is in a dilemma.
The Bank of England (BoE) has a dilemma regarding inflation because it is experiencing an inflation surge that is beyond the Bank's target.
The UK inflation rate reached 5.4% in December 2021, which was higher than the BoE's target rate of 2% +/- 1% and higher than any other G7 country. This inflation increase is caused by various factors, including supply chain issues due to COVID-19 restrictions, a shortage of workers, energy price increases, and Brexit.
Inflationary pressures are further fuelled by the fact that the UK economy is currently recovering at a faster pace than the BoE had predicted. If this inflation increase continues to escalate, it may lead to a rise in inflation expectations, which would complicate the BoE's policymaking further. If they respond with an interest rate increase or asset purchase tapering, it could stifle the economic recovery, which the BoE has been striving to support.
However, failure to respond to rising inflation could cause long-term damage to the economy by reducing purchasing power, lowering consumer confidence, and decreasing the effectiveness of monetary policy.
The Bank of England is in a dilemma because it needs to determine how best to respond to this inflation surge to maintain its inflation target and support economic recovery while avoiding long-term damage to the economy.
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If Jason can wash a car in 20 minutes and wash a dog in 10 minutes and Megan can wash a car in 15 minutes and wash a dog in 15 minutes, which of the following statements is true? a. Megan can wash two cars in the time it takes Jason to wash a dog. b. The opportunity cost of washing a car is one dog bath for Jason. c. The opportunity cost of washing a car is greater for Megan. d. Jason has both a comparative and an absolute advantage in washing a dog. e. The opportunity cost of washing a dog is lower for Megan.
Answer:
d. Jason has both a comparative and an absolute advantage in washing a dog.
Explanation:
Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.
The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.
In 1817, David Ricardo who is an english political economist talked about the law of comparative advantage in his book “On the Principles of Political Economy and Taxation."
Also, the principle of comparative advantage asserts that countries can become better off by specializing in what they do best.
This simply means that, any country applying the principle of comparative advantage, would enjoy an increase in output and consequently, a boost in their Gross Domestic Products (GDP).
An absolute advantage can be defined as the ability of an individual such as a producer to produce a good or provide a service in larger (greater) quantity for the same amount of money or the same quantity at a lesser cost or time. Thus, it's the superior capability of an individual over another using the same resources.
Hence, the statement which is true is that, Jason has both a comparative and an absolute advantage in washing a dog because he washes it in 10 minutes while it would take Megan 15 minutes.
identify the main sections on a statement of cash flows. (check all that apply.) multiple select question. cash flows from operating activities cash flows from investing activities cash flows from owner activities cash flows from borrowing activities cash flows from financing activities
The main sections on a statement of cash flows include:
Cash flow from operating activities.Cash flow from investing activities.Cash flow from financing activitiesWhat is cash flow?It should be noted that a cash flow simply means the net amount as well as the cash equivalent that is transferred in a company.
The amount of money a business earns from ongoing, routine business operations, such as producing and selling products or offering clients a service, is known as cash flow from operating activities (CFO).
It should be noted that Cash flow from operating activities, ash flow from investing activities, and the cash flow from financing activities are the important sections.
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After which problem-solving stage should you take action? A. defining the problem B. evaluating information C. gathering information D. making a choice
Answer:
Evaluate your decision
Explanation: correct mark brainlest plz. and thanks also []L7[]
Answer:
making a choice
Explanation:
if the financial markets were regulated such that the markets maintained strong-form efficiency, then:
If the financial markets were regulated to maintain strong-form efficiency, all types of information, including public and private information, would be fully and immediately reflected in market prices.
Strong-form market efficiency is the highest level of efficiency in financial markets, where all available information, both public and private, is already incorporated into the market prices. If the financial markets were regulated to maintain strong-form efficiency, it would mean that the regulatory framework ensures a fair and transparent dissemination of information to market participants.
Under strong-form efficiency, no individual or group would have access to privileged or insider information that could give them an unfair advantage. All relevant information, whether it is publicly available or private information that is known to specific individuals, would be fully and immediately reflected in the market prices of financial instruments such as stocks, bonds, and derivatives.
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If the financial markets were regulated such that the markets maintained strong-form efficiency, then: information of all types, including public and private information, would be fully and immediately reflected in the market prices.?
why is it important to be a good communicator for a successful future?
Answer:
Explanation:
Being an excellent communicator can help you land that first job in your new career and ensure a positive future. It can separate you from other applicants, help you be a more effective employee and serve as a stepping stone to leadership responsibilities and career advancement.
Jeanne owns a manufacturing business. Recently, Jeanne learns of a new technology that will support her business’s production process. However, the technology is brand new as well as expensive. Jeanne has decided not to make such a big investment right away even though she can. Instead, she plans to wait for a few months or a year, get feedback about the technology from other sources, and then consider making the purchase. Which of these factors has affected Jeanne’s purchase decisions the most? A. government policies B. changing market trends C. long-term business objectives D. low-risk appetite E. lack of funds
Answer:
B
Explanation:
BB
Answer:
D
Explanation:
She is waiting, and in turn, having low risk. B (Market trends) has nothing to do with the equipment.
list the two things the government does that fall under fiscal policy. (A.p.e.x.)
Explanation:
These two policies are combined in numerous ways to influence a country's economic situation.
Fiscal policy, together with monetary policy handled by central banks, is the primary means through which governments influence a country's economy. The two primary elements of fiscal policy are income taxes and government expenditures.
Which of the following is essential for a firm to gain a sustained competitive advantage over its competitors?
Answer:
Down Below
Explanation:
The resources must be valuable, rare, imperfectly imitable, and non-substitutable.
The owner of Firewood To Go is considering buying a hydraulic wood splitter which sells for $50,000. He figures it will cost an additional $100 per cord to purchase and split wood with this machine, while he can sell each cord of split wood for $125. How many cords of wood would he have to split with this machine to break even
Answer:
The correct answer is "2000 units".
Explanation:
Given:
Fixed cost,
F = $50,000
Variable cost,
VC = $100 per unit
Price,
P = $125 per unit
Let the units to be sold be "x".
Throughout the case of breakeven,
⇒ \(Total \ revenue=Total \ cost\)
⇒ \(125x=50000+100x\)
On subtracting "100x" from both sides,
⇒ \(125x-100x=50000+100x-125x\)
⇒ \(25x=50000\)
⇒ \(x=\frac{50000}{25}\)
⇒ \(=2000 \ units\)
Prior to being united in a business combination, Taunton Inc. and Eubanks Corp. had the following stockholders' equity figures: Taunton Eubanks Common stock ($1 par value) $ 240,000 $ 64,000 Additional paid-in capital 120,000 30,000 Retained earnings 370,000 14,000 Taunton issued 62,000 new shares of its common stock valued at $2.75 per share for all of the outstanding stock of Eubanks. Assume that Taunton acquired Eubanks on January 1, 2020. Immediately afterwards, what is the reported amount of the consolidated Common Stock
The reported amount of the consolidated common stock after the business combination of Taunton Inc. and Eubanks Corp. is $302,000.
Prior to the business combination, Taunton Inc. and Eubanks Corp. had the following stockholders' equity figures: Taunton had $240,000 in common stock ($1 par value) and Eubanks had $64,000 in common stock ($1 par value). Taunton issued 62,000 new shares of its common stock valued at $2.75 per share for all of the outstanding stock of Eubanks.
To calculate the reported amount of the consolidated common stock after the acquisition on January 1, 2020, we need to add Taunton's original common stock value to the value of the newly issued shares. The newly issued shares are worth 62,000 shares multiplied by $1 par value, which equals $62,000.
The reported amount of the consolidated common stock after the acquisition is:
Taunton's original common stock: $240,000
+ Value of newly issued shares: $62,000
= Consolidated common stock: $302,000
Therefore, the consolidated Common Stock amount after the business combination of Taunton Inc. and Eubanks Corp. is $302,000.
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a trademark is business information that represents something of economic value, has required effort or cost to develop, has some degree of uniqueness or novelty, is generally unknown to the public, and is kept confidential.
False a trademark is business information that represents something of economic value, has required effort or cost to develop, has some degree of uniqueness or novelty, is generally unknown to the public, and is kept confidential.
A trademark is enterprise statistics that represents something of monetary value, has required attempt or fee to develop, has a few diplomas of forte or novelty, is typically unknown to the public, and is stored confidential.
The Prioritizing Resources and Organization for Intellectual Property (PRO-IP) Act of 2008 extended trademark and copyright enforcement and notably extended consequences for infringement.
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round 312,5 up to rand
Answer:
313 rand
Explanation:
To round up any number, ynetraing decimal. Value is accessed if the value is less than or equal 4 , we round the value to 0 ; however, if the value is greater Than or equal to 5 ; we round up to 1 and add to the preceeding digit or value.
In this case ; 312. 5 will be rounded to 313 ;
Since th trailing digit is 5 ; we round up to 1 and add to the preceeding value ; 2 + 1 = 3
Hence, 313 rand
Banks that are not members of the Federal Reserve system are subject to
federal regulations.
A. True
B. False
Answer:
A.True
Explanation:
Hope this help ^^
a financial crisis brought on by macroeconomic imbalances group of answer choices is usually inevitable given underlying conditions. often happens to countries with strong international positions. is often preceded by capital inflows and an increase in foreign liabilities. is usually the result of fragility in the banking sector.
A financial crisis brought on by macroeconomic imbalances "is often preceded by capital inflows and an increase in foreign liabilities" (Option c).
A financial crisis occurs when a sudden shock or a series of shocks severely disrupts the financial system, leading to a broad-based contraction in economic activity. Macro-economic imbalances that lead to a financial crisis are often characterized by large capital inflows and increases in foreign liabilities. In such a situation, the country becomes vulnerable to sudden capital outflows, which can lead to a sharp devaluation of the currency and a sharp increase in interest rates.
This can, in turn, lead to a significant deterioration in economic conditions, including rising unemployment, falling output, and rising inflation. Therefore, it is essential to monitor macro-economic imbalances to prevent financial crises from occurring.
Option c is answer.
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what is a form in computer?
In a database context, a form is a window or screen that contains numerous fields, or spaces to enter data. Each field holds a field label so that any user who views the form gets an idea of its contents. A form is more user friendly than generating queries to create tables and insert data into fields.
HURRYYY!! The extent to which critical thinking skills are used is influenced by the learner's motivation to do well.
TRUE or FALSE
Answer:
TRUE
Explanation:
Get out of my swamp!
Answer:
i think true
Explanation:
The concert reimbursement program is an example of a(n) ________ motivator. intrinsic extrinsic goal-based non-valent cognitive
The concert reimbursement program is an example of a(n) extrinsic motivator.
The most fundamental distinction is between extrinsic and intrinsic motivation, which relates to doing something because it results in a separate outcome as opposed to doing something because it is intrinsically interesting or enjoyable. Learning a new language should be done for personal interest rather than professional need.
Intrinsic and extrinsic motivation at work can be divided into two groups. The desire to reach objectives and advance professionally is an example of intrinsic motivation. Extrinsic motivation is influenced by workplace variables including wages and promotions.
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The fallacy of composition involves assuming that: a. you can determine the composition of a complex product just by examining its exterior properties. b. what was true when a person was young will still be true today. c. any mistakes made in producing a product using an assembly line technique will lead to a compounding of errors as the product moves down the line. d. what is true for any individual component in a group is true for the group as a whole. e. consumer durable goods today do not last as long as they did a generation ago.
Answer:
d. what is true for any individual component in a group is true for the group as a whole.
Explanation:
Fallacy can be defined as a mistaken or false belief that are based on illogical arguments or reasoning.
However, a lot of people might actually think it to be true but it isn't. There are various types of fallacy and these include; black or white, non sequitur, ad hominem, bandwagon, appeal to authority, straw man, fallacy of composition, and oversimplification or hasty generalization.
Fallacy of composition can be defined as the error of assuming that what is true of an audience is true for the group of people as a whole.
Hence, the fallacy of composition involves assuming that what is true for any individual component in a group is true for the group as a whole.
You have checked model income statements and estimate your payroll expense will be 28% of revenue. You expect sales to be $312,112 per year. What should you budget MONTHLY for payroll?
Answer:
$7,282. 61
Explanation:
Payroll is 28% of revenue.
sales or revenue are expected to be $312,112 per year.
Payroll per year will be
=28% of $312, 112
= 28/100 x $312,112
=0.28 x 87,391.36
The monthly payroll budget should be
= $87,391.36 / 12
=$7,282.61
Click this link to view O*NET's Work Activities section for Registered Nurses. Note that common activities are listed
toward the top, and less common activities are listed toward the bottom. According to O*NET, what are some
common work activities performed by Registered Nurses? Check all that apply.
communicating with supervisors, peers, or subordinates
making decisions and solving problems
repairing and maintaining mechanical equipment
drafting technical devices
assisting and caring for others
O documenting/recording information
Answer:
acdf
Explanation:
Answer:
C,D,E
Explanation:
right on Edge
importance of Technical profession
Answer:
The technical profession has always been important as it has replaced the society from nomadic to the modern era. ... The facilities of medicines, surgical works, communication, computer technology, transportation system, etc are the result of technical professions.