Answer:
Career Clusters have the knowledge and skills that learners need as they follow a pathway toward their career goals.
Answer
The answer and procedures of the exercise are attached in the following image.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
$7,500
Explanation:
Lee, Inc. acquired 30% of Polk Corp.'s voting stock on January 1, Year 1 for $100,000.
During Year 1, Polk earned $40,000 and paid dividends of $25,000.
Therefore Lee's dividend income = 0.3 x 25,000 = $7,500
Before income taxes, the amount that Lee should include in its Year 1 Income Statement as a result of the investment will be the dividend earned in year 1 which is $7,500
False.
Credit scores range from 300-850 and are a measure of your payment history, level of debt, and how long you have been responsible for debt.
Answer:
$2,593,000
Explanation:
The computation of consolidated net income is shown below:-
cancellation of excess of Interest expenses over Income = Interest expense - Interest income
= $80,000 - $37,000
= $43,000
Consolidated net income = Parent company Income + Subsidiary Income + cancellation of excess of Interest expenses over Income
= $1,850,000 + $700,000 + $43,000
= $2,593,000
So, for computing the consolidated net income we simply applied the above formula.
