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klemol [59]
3 years ago
15

Kylie Co. owns 67% of Jayzee Inc. On their 12/31/2017 pre-consolidation trial balances, Kylie reports $739,972 Liabilities and J

ayzee reports $1,601,119 Liabilities. Jayzee owes Kylie $207,709 on this date. What amount should be reported for Liabilities in Kylie's consolidated financial statements
Business
1 answer:
Studentka2010 [4]3 years ago
4 0

Answer:

the amount that should be reported for Liabilities in Kylie's consolidated financial statements is $2,187,382

Explanation:

The computation of the  amount that should be reported for Liabilities in Kylie's consolidated financial statements is shown below:

= $793,972 + $1,601,119 - $207,709

= $2,187,382

Hence, the amount that should be reported for Liabilities in Kylie's consolidated financial statements is $2,187,382

The same should be considered

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Orlin purchases a refrigerator, on credit, from a door to door salesman. Orlin only has a 5th grade education, and the terms of
mote1985 [20]

Answer: the doctrine of unconscionability

Explanation:

The doctrine of unconscionability is a defense that is against enforcing a contract. From the question, we are informed that Orlin bought a refrigerator, on credit, from a salesman and the salesman want him to pay 10 times the worth of the refrigerator.

In this scenario, the contract is deemed to be unfair and also oppressive to Orlin, thus he a find it unconscionable and therefore he can refuse to enforce it. Therefore, if he wants to challenge the contract’s terms, the doctrine of unconscionability will be used.

6 0
3 years ago
What is the most important thing that a venture capitalist is looking for in a company to invest in? discuss your response.
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Simply said, management is by far the most crucial aspect for astute investors. VCs invest mostly in the management team's capacity to carry out the company plan. You need a solid understanding of your market, a tested business plan, and a well-thought-out strategy for approaching venture investors if you want to distinguish out from other businesses.

In addition to this, VCs value intellectual honesty and self-awareness in founders. He has discovered from his experience as an investor that "those who are very introspective, recognize their strengths and flaws" have a higher likelihood of founding and eventually developing a successful firm.

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8 0
1 year ago
Monopolistic competition means:
rjkz [21]

Answer: Option C

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The number of producers are large but each operate at a relatively smaller level. The products offered in the market are similar but not identical.

Hence, from the above explanation we can conclude that option C is correct.

3 0
3 years ago
Because an organization has limited influence on market growth rate, its main alternative for moving an SBU on the portfolio ana
svetlana [45]

Answer:

The correct answer is inject cash into it.

Explanation:

Every day, central banks lend money to private banks through auctions. The extraordinary thing about these new liquidity injections starring the European Central Bank or the US Federal Reserve is not so much the operation itself, as the situation in which they occur.

In this case, problems arise when, due to distrust, banks do not lend money to each other, operations that are common when the system is working properly.

With extraordinary placements, the central entities replace that lack of funds that private banks have not been able to obtain from their partners and, at the same time, at a cheaper price - at a lower interest rate.

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3 years ago
The objectives of U.S. monetary policy are to achieve​ ______.
SSSSS [86.1K]

Answer:

A. maximum employment and stable prices

Explanation:

The Fed has various roles. Among its key objectives is to monitor the economy to ensure maximum sustainable economic growth. To achieve this growth, the Fed uses different monetary tools to regulate inflation and influence unemployment levels.

The Fed receives economic data from other government agencies that help it determine the appropriate cause of action. For example, if the bureau of labor statistics reports a high level of unemployment, it could mean the economy is slowing down. The Fed then applies expansionary policies to stimulate growth.  If inflation is low or very high, it affects price stability. The Fed has tools to regulate inflation.

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