1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
enyata [817]
3 years ago
15

Best Appliances owns​ 90% of the voting stock of​ Wratchet, Inc. Which of the following is​ true? A. Wratchet would be considere

d the parent entity. B. Best would be considered the parent entity. C. The financial statements of Best would be consolidated into Wratchet. D. Both a and c are correct.
Business
1 answer:
djverab [1.8K]3 years ago
6 0

Answer:

B. Best would be considered the parent entity.

Explanation:

When a company owns another companies stock of 90% or more it would be considered as parent entity. The parent entity can control the the subsidiary. The financial statements will be consolidated into parents companies accounts.

You might be interested in
During 2019, Travis purchases $13,000 of used manufacturing equipment (7-year property) for use in his business, his only asset
skelet666 [1.2K]

Answer:

$13,000

Explanation:

Most property purchased during 2019 and beyond, may be expenses using Section 179 tax deductions. The limit for 2019 was $1 million and that is way more than $13,000. Section 179 is one of the few benefits that small business got from the Tax Cut and Jobs Act, and it can be really useful.

Businesses can deduct the full purchase price of qualifying equipment (used manufacturing equipment qualifies) as long as it was purchased after January 1, 2019. This is an incentive created to encourage businesses to buy more equipment and invest more.

5 0
3 years ago
When inflationary pressure occurs, what is happening to the dollar?
GaryK [48]

Answer:

A

Explanation:

7 0
3 years ago
When managers disregard ethical concerns, the likely result is:?
sergeinik [125]
The most likely result is that there would be a general mistrust because they are disregarding what you need.
5 0
4 years ago
Higher customer satisfaction and more efficient use of resources are impacts of businesses that operate with a _______
yKpoI14uk [10]

Answer:

customer service motive

5 0
3 years ago
Read 2 more answers
5 elements of Design for Delight?​
Nikitich [7]
Answer: The 5 elements of Design for Delight are going to start out with Delighting people.
4 0
3 years ago
Other questions:
  • On February 22, Stewart Corporation acquired 12,000 shares of the 400,000 outstanding shares of Edwards Co. common stock at $50
    7·1 answer
  • Rupesh is mowing grass to save money for a vacation. he charges $12 per yard. rupesh already has $40 and wants to have at least
    15·1 answer
  • Service quality greatly depends on the quality of the buyer-seller interaction during the service encounter. this is known as​ _
    8·1 answer
  • Consumer’s expectations of doing new things with varied kinds of information in ways that create value have resulted in the emer
    10·1 answer
  • Suppose you go to work at a company that pays $0.02 for the first day, $0.04 for the second day, $0.08 for the third day, and so
    15·1 answer
  • Organizational portfolio plan, the final phase of the strategic planning process, involves?
    15·1 answer
  • If speech is merely for amusement, it is a(n) _____ form of speech.
    14·2 answers
  • How do I get more questions?
    10·2 answers
  • RequiredIndicate the effect of each of the following transactions on (1) the current ratio, (2) working capital, (3) stockholder
    15·1 answer
  • Monopolistic competition resembles pure competition because
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!