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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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4. if you have two children, ages 2 and 4, how much should you record in step 3 of the form? (3 points)
Minchanka [31]

Based on the information provided, you should record two (2) dependents in Step 3 of the W-4 form.

<h3>What is a W-4 form?</h3>

A W-4 form simply refers to an internal revenue service (IRS) tax form which is used in the United States of America, so as to indicate the correct federal income tax that should be withheld from an employee's paycheck.

In Step 3 of the W-4 form, an employee is expected to indicate whether or not he or she has dependents. Thus, an employee would write (record) the number of dependents he or she has in Step 3 of the W-4 form.

In this scenario, we can logically conclude that you should record two (2) dependents in Step 3 of the W-4 form because you've two (2) children, aged 2 and 4.

Read more on W-4 form here: brainly.com/question/15507745

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4 0
2 years ago
A budgeting process where individuals who are impacted by a budget are directly involved in its development is​ called: A. parti
lina2011 [118]

Answer:

A. participative budgeting

Explanation:

Participative budgeting -

It refers to the type of method of budgeting , where the person implementing the budget as well as the person getting affected by the budget are involved in the process of creating the budget , is referred to as participative budgeting .

In this method the top - level managers are supposed to share the decision of budgeting with the bottom - level managers as well .

Hence , from the given information of the question ,

The correct answer is A. participative budgeting .

6 0
3 years ago
Your best friend just said that she isn’t going to college, because she cannot afford it. What would you tell her?
puteri [66]
I would suggest her to opt for scholarship programs that are offered by several colleges, there is a need based scholarship programs too.
7 0
2 years ago
Read 2 more answers
Lewis Inc. owns 40% of Morgan and applies the equity method. During the current year, Lewis buys inventory costing $400,000 and
Alchen [17]

Answer:

The correct answer is a) $24,000

Explanation:

At the end of the year, Morgan still holds $140,000 of this merchandise

Lewis Inc. owns 40% of Morgan and applies the equity method

40% = 0.4

$140,000 x 40% = $56,000

Lewis buys inventory costing $400,000 and sells it to Morgan for $700,000.

$700,000 - $400,000 = $300,000

=$56,000 x ($300,000 ÷ $700,000)

=$56,000 x 0,428571429

= $24,000

7 0
3 years ago
What can be learned about ancient greeks from this passage? check all that apply<br><br>​
olga55 [171]

Answer:

the greeks were powerful people at a time then got overpowered by athens and romans but that will change

Explanatin

5 0
3 years ago
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