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Anna007 [38]
3 years ago
12

Blue Company owns 80 percent of the common stock of White Corporation. During the year, Blue reported sales of $1,000,000, and W

hite reported sales of $500,000, including sales to Blue of $80,000. The amount of sales that should be reported in the consolidated income statement for the year is:
A. $500,000.
B. $1,300,000.
C. $1,420,000.
D. $1,500,000.
Business
1 answer:
Serggg [28]3 years ago
4 0

Answer:

C. $1,420,000

Explanation:

Blue Company sales consolidated income statement for the year

Blue Sales of $1,000,000

White sales $500,000

Less sales to blue by white ($80,000)

Amount of sales to be reported $1,420,000

Therefore the amount of sales that should be reported in the consolidated income statement for the year is: $1,420,000

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Which information would most likely cause a company's stock price to go
Mice21 [21]

The information that would cause a company's stock price to go

down is a company abandons development of a new technology.

<h3>What is a stock?</h3>

A stock is a means used to raise capital by public companies. Stocks give holders the right to become owners of the company. Stockholders receive dividends.

When a company abandons the development of new technology, it is a negative signal that indicates to the public that all is not well. This reduces the confidence of the public in the company. As a result, stock prices begin to fall.

To learn more about stocks, please check: brainly.com/question/9970004

8 0
2 years ago
Westchester Corp. is considering two equally risky, mutually exclusive projects, both of which have normal cash flows. Project A
inn [45]

Answer:

d. If the WACC is 9%, Project B's NPV will be higher than Project A's.

Explanation:

The internal rate of return is the return in which the NPV is zero i.e cash inflows equal to the initial investment

While the WACC refers to the cost of capital by considering the capital structure i.e cost of equity, cost of preferred stock and cost of debt by taking their weightage

Now if the WACC is 9% so project B NPV would be higher as compared to project A as we can see that project B IRR is greater than the project A IRR

Therefore option d is correct

5 0
2 years ago
The narrowest definition of the money supply (M1) includes:
fenix001 [56]

Answer:

c. cash, checking account balances, and travelers' checks.

Explanation:

Money Supply is the concept that means the amount of the liquid financial products and total currency in the market or economy. It is regulated the macro-economically by the monetary policy. So, there are types of measures of money supply or stock:

-M0: narrowly, it means the hard currency in circulation

-MB: it equals M0+ the hard currency which are not technically in circulation and in bank reserves.

-M1: it is the most common one and equals M0 plus checking accounts plus travelers’ checks and other checkable deposits.

-M2: covers M1 and saving accounts and CDs.

-M3: it surrounds the larger deposits.

-MZM: finally, this indicates the money market deposits.

That’s why we could notice that M1 narrowly means the cash, checking account and travelers’ checks.

5 0
3 years ago
Provide some examples of items that would be adjusted directly against equity, rather than being included as part of profit or l
Hunter-Best [27]

Answer:

1.Common Stocks Issues and Repurchases

2.Preference Stocks Issues and Repurchases

3.Dividends Declared

Explanation:

Common Stocks Issues and Repurchases

Common Stockholders have voting rights. The movement in the Stocks must be presented separately in the Statement of Changes in Equity.

Preference Stocks Issues and Repurchases

Preference Stockholders do not have voting rights. The movement in the Stocks must be presented separately in the Statement of Changes in Equity.

Dividends Declared

Dividends Paid are not included in Profit and Loss but in Statement of Changes in Equity.

Payment of Dividends adjusts the Retained Earnings Amount in Statement of Changes in Equity.

5 0
3 years ago
What are the rules of a male and a female at home?​
ad-work [718]

Answer:

male is the protector female is a light for their house male is the foundation of there house they provide everything thats a male work female helping dou house hold things comport there husband understand.

4 0
2 years ago
Read 2 more answers
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