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3 years ago

Financial literacy is the knowledge about

Business

1 answer:

hammer [34]3 years ago

3 0

Money. I'm doing the same subject right now. Feel free to message me if you have any questions.

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what key environmental changes do you think will increasingly force managers to be proficient at conducting environmental analys

Flauer [41]

When changes in the external environment starts affecting the internal function or progress towards the goal of the firm, it will increasingly force managers to be proficient

6 0

2 years ago

When Wal-Mart sells a package of diapers, the company captures data on that sale at its point-of-sale terminal and transmits tha

algol13

Answer:

C) vendor-managed inventory

Explanation:

Sometimes a company's vendor is granted access to the company's intranet system and specifically the inventory accounts. Together with the buyer they establish a minimum inventory level for their products and when that level is reached the vendor will automatically replenish the company's inventory. This is beneficial both for the company and the vendor. The company doesn't have to worry about keeping track of certain number of products and the vendor can smooth its sales operations.

6 0

3 years ago

Wildhorse Company purchased 300 of the 1000 outstanding shares of Ayayai Company's common stock for $570000 on January 2, 2021.

GarryVolchara [31]

Answer:

$664,000

Explanation:

Correct words: "If Wildhorse Company used the Equity value method of accounting for its investment in Ayayai Company"

Ownership percentage = 300/1000

Ownership percentage = 30%

Balance in equity investment at Dec 31, 2021 = $570,000 + Share in earnings ($370,000*30%) - Share in dividends paid out ($85000*20%)

Balance in equity investment at Dec 31, 2021 = $570,000 + $111,000 - $17,000

Balance in equity investment at Dec 31, 2021 = $664,000

So, the Equity Investments balance for Ayayai company on December 31, 2021 is $664,000.

7 0

2 years ago

Great Eastern Rectangle (GER) currently has 970,000 shares of stock outstanding that sell for $29.25 per share. Assuming no mark

Nina [5.8K]

Answer:

Please see attachment

Explanation:

Please see attachment

3 0

3 years ago

Pesto Company possesses 80 percent of Salerno Company’s outstanding voting stock. Pesto uses the initial value method to account

hichkok12 [17]

Answer:

The retainesd earnings figure will increase by 464,400 dollars

Explanation:

Parent Company premium:

Premium: 750,000 / 20 years = 37,500 depreciation per year

unamortized portion at Dec 31th 2013:

amortized: 750,000 - 37,500 x 4 years = 150,000

unarmortized: 750,000 - 150,000 = 600,000

We must reverse 40% of the premium as is within the same company:

600,000 x 40% = 240,000

Subsidiary Discount:

16,500,000 X 40% = 6,600,000

Purchase at 96.6

Discount of 3.4 = 6,600,000 x 3.4% = 224,400

We must reverse this as is part of the same company.

In total retained earnings will increase by

240,000 + 224,400 = 464,400 dollars

8 0

3 years ago