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
frosja888 [35]
3 years ago
15

When a parent uses the equity method throughout the year to account for its investment in an acquired subsidiary, which of the f

ollowing statements is false before making adjustments on the consolidated worksheet?
A. Parent company net income equals controlling interest in consolidated net income.
B. Parent company retained earnings equals consolidated retained earnings.
C. Parent company total assets equals consolidated total assets.
D. Parent company dividends equals consolidated dividends.
E. Goodwill will not be recorded on the parent's books.
Business
1 answer:
Roman55 [17]3 years ago
7 0

Answer: The correct answer is "C. Parent company total assets equals consolidated total assets".

Explanation: The statement "C. Parent company total assets equals consolidated total assets" is false before making adjustments on the consolidated worksheet when a parent uses the equity method because the parent company total assets are not equal to consolidated total assets.

You might be interested in
Which explains how revenue is determined?
Shtirlitz [24]
The total amount of money that is brought in by sales
7 0
3 years ago
Read 2 more answers
Byrd Corporation is comparing two different capital structures, an all-equity plan (Plan I) and a levered plan (Plan II). Under
Ann [662]

Answer:

A. EPS for plan 1 is $1.29 and EPS for plan 2 is $1.15

B. EPS for plan 1 is $2.90 and EPS for plan 2 is $3.53

C. Break even EBIT is $247,380 and EPS = $1.60

Explanation:

EPS = Earnings per share = Earnings before tax (EBT) divided by outstanding common stock.

A.

Plan 1

EPS = 200,000 divided by 155,000 = $1.29 per share.

Plan 2

EPS = (EBIT - interest ) all divided by common stock

EPS = ($200,000 - ($1,330,000 x 6%)) / 105,000

= $1.15 per share

B.

Plan 1

EPS = 450,000 divided by 155,000 = $2.90 per share.

Plan 2

EPS = (EBIT - interest ) all divided by common stock

EPS = ($450,000 - ($1,330,000 x 6%)) / 105,000

= $3.53 per share

C.

Break even EBIT is when

EPS (plan 1) = EPS (plan 2)

If we represent the EBIT with ?

? / 155,000 = (? - ($1,330,000 x 6%)) / 105,000

? = $247,380

EPS = $1.60

3 0
3 years ago
Ronald McDonald Houses is an example of A. altruistic corporate social responsibility. B. vertical integration. C. strategic cor
alexgriva [62]

Answer:

A. altruistic corporate social responsibility.

Explanation:

The Ronald McDonald Houses organization is focus in a completely different activity than McDonald's Corporation. There is no competitive advantage that could McDonalds benefit from, actually is a non-profit organization who demand hundreds of volunteers around the world to be able to operate.

Is also true that strategical activities are separated one of each other, unlike the strategic corporate social responsablity, which demands strategical unity to operate in order to leverage competitive advantages.

5 0
3 years ago
Unis Technologies has introduced a new installation program that is the first of its kind and requires a great deal of complex t
Crazy boy [7]

Answer:

Focus heavily on personal selling.

Explanation:

Personal selling is a selling technique in which the salesperson meets the customer face to face, introduces the product, explains its use and characteristics extensively, and tries to close the sell by building rapport.

Because the product that Unis Technologies is promoting is complicated to use, and few people have the required knowledge, the company will have to focus on personal selling, otherwise, the potential customers will likely feel intimitaded and not buy the product.

7 0
3 years ago
The value of deadweight loss for a perfect price discriminator is _____ an imperfect price discriminator.
ivann1987 [24]
The answer is none, it is because there is no dead weight loss for perfect price discriminator, even if there is no surplus that existed in which is different from the imperfect price discriminator as it does not apply the same as the perfect price discriminator.
8 0
3 years ago
Other questions:
  • When an organization evaluates people based on the economic or productive potential of their knowledge, experience, and actions
    6·1 answer
  • Long-run competitive equilibrium requires:_______
    6·1 answer
  • Answer the question on the basis of the following information. Assume that if the interest rate that businesses must pay to borr
    6·1 answer
  • This activity is important because any business that offers multiple product lines to multiple market segments is faced with the
    14·1 answer
  • A stock has a beta of 1.28, the expected return on the market is 12 percent, and the risk-free rate is 4.5 percent. What must th
    10·1 answer
  • Grayson (single) is in the 24 percent tax rate bracket and has sold the following stocks in 2019: (Loss amounts should be indica
    14·1 answer
  • Frey & Felder (F&F) brands touch the lives of people around the world in 180 countries and territories. The F&F comm
    12·1 answer
  • On December 1, Year 1, Childe Company purchased $100,000 of bonds issued by Paperman Company at face value. The bonds mature in
    10·1 answer
  • Cromwell manufactures specialty electronic circuitry through a unique photo-electronic process. One of the primary products, Mod
    6·1 answer
  • International foods corporation insures its real and personal property, as well as the lives of its key employees, to protect it
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!