Answer: total revenues from intercompany sales.
Explanation:
From the question, we are informed that during the year a parent makes sales of inventory at a profit to its 75 percent owned subsidiary and that the subsidiary also makes sales of inventory at a profit to its parent during the same year.
We are further told that both the parent and the subsidiary have on hand at the end of the year 20 percent of the inventory acquired from one another.
In this case, the consolidated revenues for the year should exclude total revenues from intercompany sales
<span>The
national do not call registry was created to give americans a tool for
maintaining their privacy on home telephone lines. More than 60 percent of all households are registered.</span>
Answer: Market allocates goods effectively.
Explanation: Effective market allocation is the economic market interaction discussed in this case study. As there was a storm and the power lines got down it was obvious that the demand for the batteries and flashlights will increase and the stock became insufficient but the market forces came into action leading to increase in supply and restoring demand and supply to equilibrium level .
sorry i do not speak spanish but if you translate then i can help
Answer:
Explanation:
The computation of expense amount is shown below:
= Expenses - adjusted prepaid expense + adjusted accrued expense
= $35,200 - $500 - $450
= $34,250
The adjusted prepaid expense is computed by
= Ending balance of prepaid expense - beginning balance of prepaid expense
= $1,800 - $1,300
= $500
And, the The adjusted accrued expense is computed by
= Ending balance of accrued expense - beginning balance of accrued expense
= $1,200 - $1,650
= -$450
