Answer:
$46,350
Explanation:
The Patent is Acquired at the Fair Value at the Acquisition date. They are recognized in consolidated financial statement even when not recorded by the subsidiary for consolidation purposes.
Thus, the patent be reported on Van Buren's consolidated balance sheet at December 31, 2021 is $46,350.
Answer:
Probability = 7/9
Probability = 3/9
Probability = 2/9
Explanation:
Total probability = 2³ = 9
Computation:
A is the event of getting at least one head
Probability = Event of getting at least one head / Total event
Probability = 7/9
B is the event of getting exactly two heads and one tail
Probability = 3/9
C is the event of getting all three coins with the same side
Probability = 2/9
Answer: Understated by $7 million
Explanation:
Cost of goods old is calculated by deducting the closing balance of inventory from the Opening balance and the Purchases for the period in the manner:
Cost of Goods sold = Opening inventory + Purchases - Closing stock.
Going by the formula, if the opening inventory is understated by $7 million, the cost of goods sold will be understated by the same amount because opening inventory adds to Cost of goods sold.
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a. more efficient because polluters that can only reduce pollution at high cost do not and instead buy allowances.