Answer:
$ $
Net Income (137000*30%) (a) 41,100
Add:
Unrealized gains in the beginning inventory 40,000
Unrealized gains at the end of the year 25,000
Difference 15,000
(NCI in Unrealized gain (15,000*30%) (b) 4,500
Non-controlling interest's share of Devin's net income for 2012 ($41,100+$4,500) 45,600
Non-controlling interest's share of Devin's net income for 2012= $45,600
Explanation:
Fitness service
around the time after new year cuz ppl start to getting fat cuz of earing too much during new year holidday l
aroung jan to mar that s when ppl start to be very fire up about getting in shape
Answer: Simple capital structure
Explanation: A company that does not have potentially dilutive or convertible securities in its capital structure, is said to have a simple capital structure. In a simple capital structure, the corporation finance its operation with common stock or non convertible preferred stock.
Hence , from the above we can conclude the right option is C.
Answer:
The compliance officers is to provide an inspection warrant before entering the work site.
Explanation:
OSHA is an abbreviation for Occupational Safety and Health Administration. This are compliance safety and health officers inspectors committed to strong, fair, and effective enforcement of safety and health requirements in the workplace at every time. They are trained, experienced and backed by law to ensure industrial hygienists, safety, compliance with OSHA requirements and help employers and workers reduce on-the-job hazards and prevent injuries, illnesses, and deaths in the workplace.
OSHA conducts inspections without advance notice and employers have the right to ask the compliance officers to provide an inspection warrant before entering the worksite.
Answer:
By following the Accountants Principle and Dicksons policy of debiting Bad debt accounts as Accounts are written off, the Net income would have been impacted negatively (reduced) by the write off from Prior period of $31,330 only
However, by following the % of receivables approach, a total of $31,330 (Write off from prior period) + $9,240 (current period provision for bad debt) will impact the Net Income negatively (reduced) = $40,570
Explanation:
Accounts receivable balance = $77,000
12% projected uncollectible debt = $9,240
Provision for bad debt under the % of receivables approach = $9,240
Amount written off related to prior year = $31,330
