Answer:
The value that Perfection records in it's books on Jan 2, 2021 related to its investment in Satisfactory is:
$486,000.
Explanation:
a) Data and Calculations:
Net asset value of Satisfactory = $1,944,000 on acquisition date
Stake purchased by Perfection = 25%
25% of the net asset value of Satisfactory = $486,000 ($1,944,000 * 25%)
b) There is no goodwill arising from the investment in Satisfactory. The equity method will be used to account for the investment in the Satisfactory. The Equity Method involves recording the investment in an associated company like Satisfactory when Perfection's ownership interest in Satisfactory is valued at 20–50% of the net assets.
Answer:
The answer is A. Standards refer to a company's projected revenues, costs, or expenses
Explanation:
The explanation is the following:
A budget refers to a department's or a company's projected revenues, costs, or expenses, while on the other hand A standard usually refers to a projected amount per unit of product, per unit of input (such as direct materials, factory overhead), or per unit of output.
Standard costing is intensive in application as it calls for detailed analysis of variances.
In standard costing, variances are usually revealed through accounts.
Standard costs represent realistic yardsticks and are, therefore, more useful for controlling and reducing costs.
<h2>The given statement is true.</h2>
Explanation:
- In marketing this is a holistic approach for communicating product promotion to the customer
- Available in both offline and online
- Used for creating seamless customer experience
- Applicable for One-to-one-marketing, direct marketing and mass marketing
- It consists of advertising, public relation sales promotion, etc
- This is done to attract customer and bring more business
- This has an ability to reach many customers through variety of channel
- It can attract all types of customers
Answer:
Point B
Explanation:
A "trough" in essence is just like a dip or a ditch. The answer is B because it is at the lowest point of that dip.
