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Nady [450]
3 years ago
9

Culver owns 80 percent of the common stock of Fowler Company. Culver also purchases some of Fowler's bonds directly from Fowler

and holds the bonds as a long-term investment. How is the acquisition of the bonds treated for consolidated reporting purposes?
(A) As a retirement of bonds.
(B) As an increase in the Bonds Payable account on Fowler's books.
(C) Everything related to the intercompany bonds is eliminated in the consolidation worksheet, and nothing related to the bonds appears in the consolidated financial statements.
(D) As an increase in noncurrent assets.
Business
1 answer:
ratelena [41]3 years ago
3 0

Answer:

c

Explanation:

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The belief that capital punishment is now unconstitutional because society has changed is an example of what doctrine? A. Evolvi
Tasya [4]
A. Evolving standard??
7 0
3 years ago
g If the demand for a product increases proportionately faster than the increase in consumers' incomes, then the income elastici
wlad13 [49]

Answer:

greater than zero.

Explanation:

Income elasticity of demand measures the responsiveness of quantity demanded to changes in income

Income elasticity of demand = percentage change in quantity demanded / percentage change in income.

I hope my answer helps you

5 0
3 years ago
Employees at a pharmaceutical company make large profits by buying shares of the firm when the trials of a drug begin but before
lesantik [10]

Answer:

The correct answer is letter "C": Strong form.

Explanation:

The Efficient Market Hypothesis (EMH) is the theory that beating the market is impossible because current stock prices reflect all the information investors need to trade the markets. Technical and fundamental analysis remain useless in trying to predict future price action.

The EMH could be classified as the <em>Weak, Strong, </em>and <em>Semi-Strong EMH</em>. The strong form of the EMH establishes that insider information and public information are already in the current stock price, then, there is no special data that could provide an advantage to an investor to take advantage of the market.

In such a case,<em> the strong form of the EMH is opposed to the idea given in the example since it is proposing insider information gives employees an advantage to make large profits before the information of trial drugs is spread among the public.</em>

4 0
3 years ago
Binary Corporation and Coda, Inc., two software firms, wish to combine their research and development capabilities to make a spe
Vika [28.1K]

Answer:

A joint venture

Explanation:

A joint venture is a type of business arrangement where two or more parties agree to bring together their resources for the achievement of a common goal. It is a strategic partnership which is formed on shared objectives.

Because these two firms have agreed to combine their research and development capabilities to make a special, limited edition computer game, they have agreed to form a joint venture.

3 0
3 years ago
The price of a stock is $64. A trader buys 1 put option contract on the stock with a strike price of $60 when the option price i
viva [34]

Answer:

stock price is below $50

Explanation:

given data

price of a stock = $64

strike price =  $60

option price = $10

solution

we know here that stock sell for $60 and pay for $10

so that here price of stock is

stock price = $60 - $ 10

stock price = $50

and net profit will be

net profit = $10 - $10

net profit = 0

so that we can say stock price is less than $50 for trader for making profit 0 or greater than 0.

so price will be below than $50

6 0
2 years ago
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