<span>The method by which a message is conveyed between people is called a discussion or a dialogue. The idea here is to allow a certain communication among participants in a back and forth manner.</span>
A bond typically pays a fixed, predictable amount of interest each year.
Answer:
A. Yes
B. $170,000
Explanation:
A. Yes For consolidation purposes, the direction of the transfers for either upstream or downstream does affect the balances to be reported here reason been that when calculating the noncontrolling interest balances in a situation where it is present we have to taken into consideration the deferral of unrealized gross profits on upstream sales where Downstream on the other hand are assigned to the parent in which they will be viewed as if they have no any impact on the outside interest.
B. Preparation of a consolidated income statement for the year ending December 31, 2018
AKRON, INC. AND CONSOLIDATED SUBSIDIARY
Income Statement Year Ending December 31, 2018
Sales $1,380,000
[1,100,000+(600,000-320,000)
Less Cost of goods sold ($575,000)
(500,000+50,000+15,000)
Gross profit $805,000
($1,380,000-$1,380,000)
Operating expenses 635,000
(400,000+220,000+15,000)
Consolidated net income $170,000
($805,000-635,000)
Therefore Consolidated net income will be $170,000
Answer
a) $15
Explanation:
We will use the formula for Total labor variance to arrive at Standard rate.
Total labor variance = (Actual hours × Actual rate) - (Standard hours × Standard rate)
Substituting the data above into the formula, we'll have;
-$23,000 = (4,000 × $13) - (5,000 × SR)
-$23,000 = $52,000 - 5,000SR
Collect like terms
5,000SR = $52,000 + $23,000
5,000SR = $75,000
SR = $75,000 / 5,000
SR = $15
Answer: (C) Put key business information into the hands of more decision makers
Explanation:
The data warehouse is one of the type of data analysis system which is specifically used for analyzing purpose by collecting data from the different types of sources in an organization and then making a proper report for making various types of business related decisions.
- The data warehouse is refers as the main core component or the element of the business intelligence
- The main purpose of the data warehouse is to making a important business information in the form of key to the decisions makers so that they can make various types of effective decisions.
Therefore, Option (C) is correct answer.