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klemol [59]
2 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]2 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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Dyed-Denim Corporation is seeking to lower the costs of value creation and achieve a low-cost position. As a result, it plans to
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Answer:

The correct answer is location economies

Explanation:

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In determining this location,companies usually consider cultural,economic and legal perspectives,in that they are able to locate their manufacturing outfits where the combination of these factors is most favorable.

The ease of transporting output and trade barriers are also examined such that the goods produced can be transported to consuming nations all around the world without logistics headache or trade sanctions.

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2 years ago
It’s up to you to do some research on a company before an interview. Recruiters will expect that you’ve done your homework, and
Inga [223]

Answer: what to expect in an interview session

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4 0
2 years ago
Gina changes the amount of milk she purchases depending on whether it costs $1,$1.50, or $1.75 a pound. What other information d
Illusion [34]

Answer: how much butter she buys at each price point.

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3 0
3 years ago
Mijka Company was started on January 1, Year 1. During Year 1, the company experienced the following three accounting events: (1
yaroslaw [1]

Answer:

Mijka Company

a. Journal Entries

Debit Cash $30,400

Credit Service Revenue $30,400

To record the proceeds for services provided.

Debit Expenses $13,800

Credit Cash $13,800

To record the payment of cash for services.

Debit Dividend $2,100

Credit Cash $2,100

To record the payment of cash dividend.

b. Income Statement for the year ended December 31, 2018:

Service Revenue     $30,400

Expenses                   13,800

Net Income             $16,600

Dividends                   (2,100)

Retained earnings $14,500

Statement of Changes in Stockholders' Equity as of December 31, 2018:

Retained Earnings    $14,500

Balance Sheet as of December 31, 2018:

Assets:

Cash                       $14,500

Equity:

Retained Earnings $14,500

Explanation:

a) Data and Calculations:

Cash revenue $30,400

Cash expense  (13,800)

Cash dividend    (2,100)

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5 0
2 years ago
Which of the following is true of​ cartels?
djyliett [7]

Answer:

option c is correct

Explanation:

option c is correct

cartel member are having an advantage to withraw or cheat  from contract at any time.

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