One of the steps in solving this problem is this one:
As we know as shown above, the joournal entry for 2014 and 2015 will include the investment balance, increases and decreases to equity and intra-entity profits realized and deferred. Also the balance of the acquisition needs to be calculated.
Calculation of the book value of the purchase made as the book value of Company K times percent purchased:
400,000 * 0.40 = 160,000
Then, calculate the difference in the acquisition and the book value of the purchase:
210,000 - 160,000 = 50,000
The answer to fill in the blank would be C) Self-evaluation.
Answer:
<em>B. she is confusing between price elasticity of demand and income elasticity of demand.</em>
Explanation:
Envy miscalcualte the price elasticy whhich from 1,000 to 1,100 was 12% not the 7% forecasted
The increase in income is a different factor. An increase in income will make the people in the country to consume and/or save more
but they will decide on each product market considering the price/elasticity
In this case, it was -0.12
Answer:
According to the text, morality related to the reasons for economic inequality is acceptable
Explanation:
According to the text, morality related to the reasons for economic inequality is acceptable, since the government ensures the integrity for all citizens in an equitable manner so that everyone can build their wealth. The text explains how, it is fair for everyone to pay their taxes on equal terms and percentages since it would be inappropriate and unfair for people who have less income to pay less taxes than those with a higher social status. In my opinion, this theory applied to the context of real life does not turn out to be so appropriate, since it is possible to see the great economic breach between some social strata and their living conditions that often lack even the most basic rights for survival.
