Answer:
a) A gain will be recognized in the consolidated income statement in 2019.
Explanation:
As the land is sold to a subsidiary it will be considered intra-entity thus, eliminated in the consolidated income statement of 2016
the gain of both entities (from parent to subsidiary and to subsidiary to third party) will be recognized at 2019 when an external entity purchases the land
Answer:
Weeks supply = 10.70 million (Approx)
Explanation:
Given:
Last year, cost of goods sold = $7,537.53 million
Last year Inventory = $1,551.55 million
Computation:
Average cost of sold good on week basis = Cost of goods sold / Total number of weeks
Average cost of sold good on week basis = $7,537.53 million / 52
Average cost of sold good on week basis = 144.96 million
Computation of weeks supply:
Weeks supply = Last year Inventory / Average cost of sold good on week basis
Weeks supply = $1,551.55 million / 144.96 million
Weeks supply = 10.70 million (Approx)
Answer:
present value of annuity is $61445.66
Explanation:
given data
annuity P = $1,000 per year
time t = 10 year
rate r = 10% = 0.01
to find out
present value of annuity
solution
we will apply here present value formula that is
present value = P ( 1 - ( 1 + r )^-t ) / r ..........................1
put here all value for r, t and P in equation 1
present value = P ( 1 - ( 1 + r )^-t ) / r
present value = 1000 ( 1 - ( 1 + 0.1 )^-10 ) / 0.01
present value = 61445.66
so present value of annuity is $61445.66
Answer:
The correct answer is letter "D": market pricing method.
Explanation:
The market pricing method for calculating wages levels collects information from other companies with similar operations, geographical areas, and job positions to compare them with the data of the business so an average salary can be determined for its employees. With this analysis, institutions remain competitive when it comes to salaries or can decide to provide workers higher-than-market salaries to attract qualified personnel.
Companies should evaluate the wages market every two (2) to three (3) years to find out if conditions have changed.
