Answer:
$2,593,000
Explanation:
The computation of consolidated net income is shown below:-
cancellation of excess of Interest expenses over Income = Interest expense - Interest income
= $80,000 - $37,000
= $43,000
Consolidated net income = Parent company Income + Subsidiary Income + cancellation of excess of Interest expenses over Income
= $1,850,000 + $700,000 + $43,000
= $2,593,000
So, for computing the consolidated net income we simply applied the above formula.
Answer:
1. b. $3,400 in a mutual fund, $3,300 in bonds, and $3,300 in a land purchase
This is the most diversified because it involves equal or almost equal amounts put into separate instruments which means that a loss will be less likely to affect this portfolio because a loss affecting one instrument might not affect the rest
2. a. $10,000 in a mutual fund
This is the second most classified because Mutual funds invest in a variety of instruments so investing in Mutual funds is akin to investing in a variety of instruments.
3. c. $5,000 in one stock and $5,000 in another stock
This is the third most diversified because even though it involves investing in separate stocks, stock still generally move together in terms of performance so if one stock suffers a loss, there is a high chance the other will too.
4. d. $10,000 in one stock
This is not diversified at all because all the funds are on one instrument.
The correct answer should be a fatalist decision maker
Of all the items relating to collaboration, Independent practice is the odd one out as it is not one of the methods of collaboration.
See the explanation bellow
<h3>What is collaboration?</h3>
In simple terms, collaboration is a way of working with one or more persons on a project or a task, in essence, it reflects team work and team spirit encourages efficiency and good work output.
When a team consists of team members who collaborate effectively, one member can cover up for the shortcoming or the other.
Learn more about the collaboration here:
brainly.com/question/24345164
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Answer:
A career is like a "building block" and a job is like "castle or a tower"
