Answer:
TRUE
Explanation:
It is true that when an intercompany inventory profit resulting from a sale by a less than 100% owned subsidiary to its parent is eliminated, the full amount (100%) of the decrease in profit is deducted from consolidated net income available to the parent shareholders.
Unrealized profits are the profit element not earned because they were not sold to third parties, it was basically a transfer between one company in a group (for example subsidiary) and another company in the same group (for example to the parent company).
At the year-end, if the goods are still in inventory, any profit thereon cannot be recognized but eliminated. Therefore for consolidation purposes, this unrealized profit element is taken out of inventory value in order to reduce the inventory value back down to the lower of cost or net realizable value.
This is done by crediting the inventory amount and debiting consolidated retained earnings.
Answer:P(x) = -3000
(x) + 57000
Explanation:
Let the demand function be given by p(x)
Let P(x) be the demand for the match at price x
P(x) = a(x) + b
27000 = a(10) + b
33000 = a(8) + b
Solving we get a = -3000 and b = 57000
Thus P(x) = -3000(x) + 57000
Answer:
the bond worth today is $651.60
Explanation:
The computation of the amount of bond worth today i.e. present value is to be shown below:
Present value = Amount ÷ (1 + interest rate)^number of years
where,
Amount = $1,000
Interest rate = 5.5%
And, the number of years is 8
Now placing these values to the above formula
So, the worth of the bond today is
= $1,000 ÷ (1 + 0.55)^8
= $651.60
hence, the bond worth today is $651.60
The answer is: D) The Federal Reserve affects monetary policy.
Federal reserve had the power to create monetary policies in order to regulate inflation rate in the country.
These monetary policies are being made to control either the amount of money supply or the amount of money circulated in the market. (If the amount of money held by people reduced, the inflation rate tend to go down. This is how they make the control)
Answer:
extrinsic rewards
Explanation:
Extrinsic rewards are tangible, material and visible rewards. Money, promotions or trophies are examples of extrinsic rewards. For a reward to be considered extrinsic, it must be visible and made public.
For example, during a special ceremony, a golden watch is given to all the employees that have been working for the company during the last 30 years.
