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TiliK225 [7]
3 years ago
5

When comparing the difference between an upstream and downstream transfer of inventory, and using the initial value method, whic

h of the following statements is true?
a. Income from subsidiary will be lower by the amount of the ending inventory profit multiplied by the noncontolling interest percentage for downstream transfers.
b. Income from subsidiary will be higher by the amount of the ending inventory profit multiplied by the noncontrolling interest percentage for downstream transfers.
c. Incrom from subsidiary will be reduced for downstream ending inventory profit but not for upstream profit, before the effect of the noncontrolling interest.
d. Income from the subsidiary will be reduced for upstream ending inventory profit but not for downstream profit, before the effect of the nonconrolling interest.
e. Income from subsidiary will be the same for upstream and downstream profit.
Business
1 answer:
scZoUnD [109]3 years ago
6 0

Answer:

a. Income from subsidiary will be lower by the amount of the ending inventory profit multiplied by the noncontolling interest percentage for downstream transfers.

Explanation:

When we transfer inventory from subsidiary to holding there will be some profit element included in cost. so when we consolidate the account of subsidiary to its holding at the time of reporting we should removed that unrealised profit included in the inventory.

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You and your twin sister, both 18 years of age, were in a car accident. She had a clean break across the humerus and the upper a
tigry1 [53]

Answer:

B) You will be given antibiotics to reduce bacterial infection, whereas your sister will not.

Explanation:

Since you required pins to be inserted (your skin was injured), the possibility of an infection exists. In order to try to prevent or control any bacterial infection, you need to take antibiotics.

On the other hand, your sister doesn't need to take antibiotics because her skin wasn't hurt.

7 0
3 years ago
Maud, a calendar year taxpayer, is the owner of a sole proprietorship that uses the cash method. On February 1, 2019, she leases
gtnhenbr [62]

Answer:

She can deduct the full $120,000. the answer is $120,000.

Explanation:

Therefore, M is following cash basis of accounting , She can deduct the full $120,000 amount. Under cash system, expenses are recorded when cash is paid irrespective of whether it is accrued or not.

5 0
3 years ago
A company needs 550,000 items per year. It costs the company $330 to prepare a production run of these items and $5 to produce e
Svetlanka [38]

Answer:

Company A

The number of items that should be produced in each run to minimize total costs of production and storage is:

= 22,000 units

Explanation:

a) Data and Calculations:

Total annual demand = 550,000 units

Cost per production run = $330

Cost per unit = $5

Storage (holding) cost per item = $0.75

The number of items that should be produced in each run to minimize total costs of production and storage is given by Economic Order Quantity (EOQ) formula

= square root of (2 * 550,000 * $330)/$0.75

= square root of $363,000,000/$0.75

= square root of 484,000,000

= 22,000 units

6 0
2 years ago
Which of the following queries can have a Fully Meets result?
ANEK [815]

Answer:

The right answer for the question that is being asked and shown above is that: "true/false [adobe]; English (US) True/false [new york times online]; English (US) True/false [hawaiian phototographers]." These are the following queries that can have fully meet resulT

MARK ME BRAINLIEST!

Explanation:

3 0
3 years ago
Gerald received a one-third capital and profit (loss) interest in XYZ Limited Partnership (LP). In exchange for this interest, G
olchik [2.2K]

Answer:

The appropriate answer is "$9,300".

Explanation:

The given values are:

FMV,

= $31,000

Adjusted basis,

= $15,500

Encumbered mortgage,

= $9,300

Now,

The Gerald's outside basis will be:

= Adjusted \ basis-Encumbered \ mortgage+Share \ of \ mortgage

On substituting the given values, we get

= 15,500 - 9,300+(\frac{9,300}{3})

= 15,500 - 9,300 + 3,100

= 18,600-9,300

= 9,300 ($)

7 0
2 years ago
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