Answer:
Option A. A owns less than 20 percent of the stock of Corporation B.
Explanation:
The reason is that the dividend is recognized as gross income for tax purposes which means the tax difference is zero, in the financial statement. When equity method is used where the shareholding is above 20%, there is a tax difference and when the shareholding is above 50%, the financial statements are consolidated. In this case, there is neither a tax difference and nor the financial statements are consolidated which mean the shareholding is below 20%.
A wise money manager is someone who is smart with their money. They plan out how they are going to spend it and what exactly they will spend it on. Before spending a lot of money, they save for something so that they aren't making impulse, drastic decisions.
Answer:
-Income of buyers
-Consumer expectation
-Taste of consumers
-Price of the goods or services
-Price of related goods or services
Explanation:
Income of buyers: When there is a rise in income of buyer then demand would increase. Also when there is a fall in buyer's income, demand would decrease.
Consumer expectation: If consumers perceive that there would likely be an amount increase in price of certain commodities then demand for such commodities would increase now.
Taste of consumers: If the taste, preference or emotions of buyers changes in favour of a product then there would be increase in demand for such product and vice versa.
Price of the goods or services: The higher the price of a product, the lower the quantity demanded and the lower the price, the higher the quantity demanded.
Price of related goods or services: When there is an increase in the price of goods that are related, demand for the goods with lower price will increase
Answer:
Total period cost for the month $65,240
Explanation:
Product cost under variable costing = Direct materials + Direct labor + Variable overheads
Period cost under variable costing = Fixed manufacturing overheads + All non manufacturing overheads (Variable and fixed)
Calculation of the total period cost using variable costing
Variable selling and administrative expense ($11 × 1,380 units)
$15,180
Fixed manufacturing overhead
$19,700
Fixed selling and administrative expense
$30,360
Total period cost for the month
$65,240
Answer:
D. 0% interest for 1 year and 12% interest after that
Explanation:
Since you are purchasing a new stereo and will be paying it off within a year, it will be best to choose a credit card that charges the lowest interest rate in the first year. This will be the one with 0% interest rate for the first year; choice D. After you use it , fully pay off the amount and you can cancel your credit card so you don't get charged the 12% interest rate from year 2 going forward.
