Two agencies that look out for the best interests of customers are _____

Beta Corporation acquired 100 percent of the voting shares of Yang Inc. by issuing 10,000 new shares of $10 par value common sto

poizon [28]

Answer:

The question is not complete.

Here is the complete question:

Beta Corporation acquired 100 percent of the voting shares of Yang Inc. by issuing 10,000 new shares of $10 par value common stock with a $40 market value.

Required:

1) Which company is the parent and which is the subsidiary?

2) Define a subsidiary corporation.

3) Define a parent corporation.

4) Which entity prepares consolidated worksheet?

5) Why are elimination entries used?

Here are the answers:

1. Beta Corporation is the parent while Yang Inc. is the subsidiary.

2.A subsidiary corporation is an investee company in which another entity has a controlling interest in. This controlling interest is majorly achieved when the entity has more than 50% f the total voting shares.

3. A parent corporation is the investment entity which has a controlling interest in another entity called subsidiary.

4. It is the parent corporation that prepares consolidated worksheet.

5. Elimination entries are used to avoid double recording of values of assets, liabilities and equity in the consolidated accounts.

Explanation:

Parent and subsidiary is a form of relationship that exists where one entity has a controlling investment in another.

6 0

4 years ago

In pursing its own interest, an oligopoly firm will decide to increase production by 1 unit as long as

tamaranim1 [39]

In pursing its own interest, an oligopoly firm will decide to increase production by 1 unit as long as the output effect is larger than the price effect. An oligopoly happens when there is limited competition because there are only a small number of producers or sellers in the market. Due to limited competition there is no need for most of these businesses to produce more unless the output is going to produce more and become sustainable for their consumers demand.

7 0

3 years ago

The process of leaving your money and any accumulated interest in an investment for more than one period, thereby reinvesting th

atroni [7]

Compounding is the process of leaving your money and any accumulated interest in an investment for more than one period, thereby reinvesting the interest.

<h3>What is compounding?</h3>

This can be explained to be a situation where the interest that is made from a sum of money is added into the principal sum of money and reinvested.

The initial principal amount and the interest made after a period when added together is regarded as compounding.

Read more on compounding here:

brainly.com/question/24924853

8 0

2 years ago

Ж I NEED HELP!

IgorC [24]

The process you need to to start a fashion clothing brand.

Fist step is to recognized the fashion need in the market.
Create your business plan.
Know your specific audience.
Start drawing and then designing the cloth
look for a good clothing maker
Choose and Make a brand name, logo, etc.
Set a target price and start marketing/distribution process..

<h3>What is Clothing Brand?</h3>

This is known to be that key Identification that pertains to a given Manufacturer and it is one that is only used in the line of business such as manufacturing, distributing, etc., of clothes.

Note that by flowing the steps above, one can make a great fashion brand in the long run.

Learn more about clothing brand from

brainly.com/question/24264007

#SPJ1

7 0

2 years ago

The following table shows a tool and die company's quarterly sales for the current year. What are sales for the first quarter of

bagirrra123 [75]

Answer:

Quarter 1, Sales 88. seasonal relatives 1.1

Deseasonalized = 88 / 1.1 = 80

Quarter 2, Sales 99. seasonal relatives 0.99

Deseasonalized = 99 / 0.99 = 100

Trend = 80+(100-80) = 100

Reseasonalized = 100*0.99 = 99

Quarter 3, Sales 108, seasonal relatives 0.9

Deseasonalized = 108 / 0.9 = 120

Trend = 1000+ (120-100) = 120

Reseasonalized = 1120*0.9 = 108

Quarter 4, Sales 141.4, seasonal relatives 1.01

Deseasonalized = 141.1 / 1.01 = 140

Trend = 120+ (140-120) = 140

Reseasonalized = 140*1.01 = 141.4

Now to get the Naive trend forecast for the next year first quarter, we say

140 + (140 - 120) = 160

Also to get the Re-seasonalized forecast for the next year first quarter, we say

160*1.1 = 176

6 0

3 years ago

Two agencies that look out for the best interests of customers are ______