Soup + Salad = 5.50
Soup = Salad + 1
Subtitute both formulas into:
Salad + 1 + Salad = 5.50
2 Salad = 4.50
Salad = $ 2.25
= 225 cents
Answer:
It is an example of subsidiary companies, and occurs when a company is directly or indirectly controlled by another and for that control to exist, it is the property of more than 50% of the shares.
Explanation:
A company is considered the parent of another when it exercises financial, economic and administrative control directly or indirectly, through one or more subsidiaries of its own, or by companies that have a dependency link to the parent company or its subsidiaries, therefore, the subordinate is that company that lacks autonomy simply because it is dominated by a parent company.
Answer:
Parent's beginning of the year Retained Earnings
Explanation:
"The equity method is an accounting technique used by a company to record the profits earned through its investment in another company. With the equity method of accounting, the investor company reports the revenue earned by the other company on its income statement, in an amount proportional to the percentage of its equity investment in the other company.
When the investor has a significant influence over the operating and financial results of the investee, it can directly affect the value of the investor's investment. The investor records its initial investment in the second company's stock as an asset at historical cost. Under the equity method, the investment's value is periodically adjusted to reflect the changes in value due to the investor's share in the company's income or losses. Adjustments are also made when dividends are paid out to shareholders."
Reference: Tuovila, Alicia. “Equity Method Definition.” Investopedia, Investopedia, 8 Oct. 2019
Answer:
The answer is: George will win the lawsuit
Explanation:
George and Mary had a legal binding contract, in which each party agreed to:
- Mary agreed to pick up George's horses and care for them during his two month trip.
- George agreed to pay Mary for her work as horse keeper.
If Mary breached the contract by failing to perform her part, George is entitled to sue her.
Answer:
A quantity discount
Explanation:
A quantity discount analyses
This is often regarded as a technique used to examine the gradual growth change in cost between quantities all amidst or within a supplier's price quotation.
Its characteristics
1. This simply allows buyer to verify that quantity discounts are reasonable and also buyer may be able to negotiate price improvements
2. Buyer may be able to negotiate price improvements
Quantity Discount
This is simply a token or an incentive offered to a buyer that brings about in a decline in cost per unit of goods or materials when purchased in greater numbers. It is a marketing strategies used by sellers. It is offered by sellers to entice buyers to purchase in larger quantities.