Answer:
B. If both the current and accumulated E&P have deficit balances, a corporate distribution cannot be characterized as a dividend.
Explanation:
The statement written in the option B is correct.If both accumulated and current E&P have low balances,then we cannot corporate distribution as dividend rest of the options are false.Hence the answer is option B.
I would say letter “E” but the government already knows all of our personal information, so whats the point... probably being watched threw your computer/phone camera rn
Answer:
Company Pea
Consolidated financial statements should be prepared to report the financial status and results of operations for:
Essone - 90%
Esstwo = 72% (90% x 80%)
Essthree = 72% (90% x 80% x 100%)
Explanation:
Company Pea is described as the holding or parent company of Company Essone. This means that Essone is Company Pea's subsidiary. In preparing consolidated financial statements to report the financial status and results of operations for Company Essone, Company Pea will consolidate 100% of Company Essone while accounting for noncontrolling interest of 10% (effectively 90%).
When Company Essone is consolidating its financial statements, it should consolidate 80% of Company Esstwo while Esstwo consolidates 100% of Company Essthree.
But since Essthree is also a subsidiary of Company Pea, Company Pea will consolidate Esstwo and Essthree's financials to the tune of 72% respectively, while consolidating 90% of Essone's.
Answer:
The options in the question are not well aligned,find below question with properly aligned options:
A subsistence economy is one that ________.
a. meets its needs without working for wages and purchasing necessities
b. meets its needs by overfishing lakes and rivers
c. purchases resources for immediate use
d. meets is needs while causing ecosystem destruction
e. purchases goods and services from others
Hence the correct option is A,meets its needs without working for wages and purchasing necessities
Explanation:
In a subsistence economy,every household provides for its own basic needs,without any need for specialization that leads to exchange.
Specialization is act of engaging in what one knows how to do best, that way efficiency and effectiveness are guaranteed, as every output would have been given a professional touch.
Exchange is the process by which individuals buys their needs from others using money earned from their own specialty as a medium of exchange
Answer:
b.$7,172.16 favorable
Explanation:
std rate $ 13.13
actual rate $ 12.20
actual hours 7,712
difference between actual and standart rate $0.93
As it is positive the variance is favorable as we spend less per hour than standard.
Now, we multiply by the actual hours to get the rate variance:
7,712 hours x $0.93 = $7,172.16
