Answer:
B. Consolidated cost of goods sold is $500,000.
Explanation:
Option B is correct because as subsidiary sells merchandise to its parent at a markup of 25% on cost, the Consolidated cost of goods sold is $500,000 ÷ (1 + markup)
The consolidated cost of goods sold = $500,000 ÷ (1 + 25%)
The consolidated cost of goods sold = $500,000 ÷ 1.25
The consolidated cost of goods sold = 400,000
Therefore option B is a false statement.
Answer:
The correct answer is (B)
Explanation:
A Tax-cut has many benefits on the overall economic performance of a country. When consumers see a tax-cut, it increases their demand for goods so a tax-cut is beneficial to the equilibrium GDP if the marginal propensity to save decrease due to a tax-cut. If the marginal propensity of save decreases it ultimately benefits the production sector of a country. More production means a better gross domestic product.
Answer:
Information extortion
Explanation:
This is a manipulative attempt by which an individual seeks to take advantage of what he is rightfully not entitled to.
Answer:
(b) submit the $247,000, but disclose that the buyer may pay more.
Explanation:
A transaction broker is defined as a broker who provides limited representation to a buyer, a seller or both, in a real estate transaction, but does not represent either in a fiduciary capacity or as a single agent.
Explanation:
Typically, there are two main types of FDI: horizontal and vertical FDI. Horizontal: a business expands its domestic operations to a foreign country. In this case, the business conducts the same activities but in a foreign country. For example, McDonald's opening restaurants in Japan would be considered horizontal FDI.