Answer:
PeopleMag cannot report a gain on the sale of land for 2007 or 2008 in the consolidated financial statements
Explanation:
PeopleMag cannot report a gain on the sale of land for 2007 or 2008 in the consolidated financial statements. The land must be reported on the consolidated balance sheet at its original cost of $75,000. The intercompany gain is unrealized and is eliminated. In 2009, the entire gain of $45,000 ($120,000 - $75,000) is realized and recognized when the land is sold to an outside party.
Answer:
Is this the answer. It may can help you
Answer:
A. durable goods are more affected by recessions than is the economy as a whole
Explanation:
The industries produce those types of goods that are durable also it could highly impacted whenever the recessions come in the market if we compared with the overall economy
Here durable goods means the goods that can be consumed for the longer time like cars, home appliances, etc
Therefore the above statement should be true
hence, the correct option is a.
The negotiation process involves several steps such as preparing for negotiation; knowing your walk-away point; and working towards a common goal. The statement is True.
<h3>What is negotiation?</h3>
Negotiation is a process used to resolve issues that exist between two parties by agreeing on a common point with mutual consent and making compromises between the parties.
The process of negotiation involves preparing for negotiation by understanding the factors leading to an argument. It involves listening to both parties to make a mutual understanding and to achive a common goal.
Therefore, the statement is True.
Learn more about Negotiation, here:
brainly.com/question/9312091
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"Your question is incomplete, probably the complete question/missing part is:"
(T or F)
The negotiation process involves several steps such as: preparing for negotiation; knowing your walk-away point; and working towards a common goal.
