1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
katen-ka-za [31]
2 years ago
7

Assume that Seiden Company gains control of Rimco, its subsidiary, with the purchase of a 40% interest paid in cash. The Equity

Investment account reports a balance of $75,000 on the acquisition date and represents a 30% interest in Rimco. The total value of Rimco on the acquisition date is $300,000 (assume no premium for control). The journal entry to record the acquisition includes:
a. Cash, credit, $300,000
b. Gain on revaluation of Rimco, credit, $15,000
c. Loss on revaluation of Rimco, debit, $15,000
d. None of the above
Business
1 answer:
Bingel [31]2 years ago
7 0

Answer:

the judge and jury duty and UN duty and correct and correct the spelling

You might be interested in
Paper Clip Company sells office supplies. The following information summarizes the​ company's operating activities for the​ year
nydimaria [60]

Answer:ummarizes the​ company's operating activities for the​ year: Utilities for the store ​$ 10 comma 300 Sales commissions 10 comma

Paper Clip Company sells office supplies. The following information summarizes the​ company's o

Explanation:ies for the store ​$ 10 comma 300 Sales commissions 10 comma 300 Sa

ies. The following information summarizes the​ company's operating activities for the​ year: Utilities for the store ​$ 10 comma 300 Sales commissions 10 comma 300 Sales revenue 164 comma 100 Purchases of merchandise 89 comma 000 January 1 inventory 27 comma 400 Rent for st

4 0
3 years ago
All of the following are the goals of a self-organizing team, EXCEPT 1. Increase knowledge on a continuous basis. 2. Strive to d
Wewaii [24]

Answer:

The correct answer is 3

Explanation:

Self-organizing team is the team which takes the responsibility to manage or handle their own tasks or work and do not rely on the manager to guide them. The team opt or select on how to best achieve the work or task instead of being directed by the managers who are outside the team.

The goals of the self-organizing team are upgrade or increase the knowledge as well as the skills on a continuous or regular basis, create as well manage the tasks independently, deliver tangible results within the time frame and understand the project vision.

3 0
3 years ago
With seven other homeowners, Marty was invited to a(n) _____ where the researcher asked the group general questions about how th
alisha [4.7K]

Answer:

The answer is:

focus group

Explanation:

a focus group is a small group of a population, made up of the different categories of the members of the larger population (demographic diversity, whose reactions on particular research are studied using a guided or open discussions, to reflect reliably the reactions that can be expected from the larger population. Use of focus groups is for data collection. In this example, the intended research is on "how homeowners do yard work" and " their views on hiring lawn care services". The group to be focused on (focus group) is the homeowners, so anyone who does not own is home is not part of this group and in order for this group to accurately reflect all the homeowners population, it should include men and women, with different types of homes.

6 0
3 years ago
Cull Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The
Nina [5.8K]

Answer:

The selling price for a unit in Job X455 is closest to a. $379.92

Explanation:

stimated total manufacturing overhead cost = Estimated total fixed manufacturing overhead cost + (Estimated variable overhead cost per unit of the allocation base × Estimated total amount of the allocation base)

= $358,400 + ($2.30 per machine-hour × 56,000 machine-hours)

= $358,400 + $128,800 = $487,200.

Predetermined overhead rate = Estimated total manufacturing overhead cost ÷ Estimated total amount of the allocation base

= $487,200 ÷ 56,000 machine-hours = $8.7 per machine-hour.

Overhead applied to a particular job

= Predetermined overhead rate × Amount of the allocation base incurred by the job

= $8.7 per machine-hour × 80 machine-hours = $696

Direct materials                                                          $810

Direct labor cost                                                       $1,620

Manufacturing overhead applied                             $696

Total cost of Job X455   (a)                                      $3,126

Number of units              (b)                                          10

Unit product cost                   (a) ÷ (b)                       $312.6

Markup (20% × $312.6)                                            $62.52

Selling price                                                             $375.12

6 0
3 years ago
In the context of agency law, outside accountants and subcontractors hired to perform construction projects are examples of ____
Y_Kistochka [10]

The answer is Independent Contractors.

According to the law, An independent contractor is a person who contracts with another to do something for him (or her) but who is not controlled by the other nor subject to the other's right to control with respect to his (or her) physical conduct in the performance of the undertaking. He (or she) may or may not be an agent.

Some examples of independent contractors include:

  • Subcontractors and building contractors both work independently. The way a contractor and subcontractors carry out their work is not under the authority of the property owner who engages them to finish a project.
  • Independent contractors are those who own their own trucks and hire them out on a job-by-job basis; however, those who regularly drive business trucks are typically employees.

Hence, In the context of agency law, outside accountants and subcontractors hired to perform construction projects are examples of Independent contractors.

Learn more about contract:

brainly.com/question/984979

#SPJ4

3 0
2 years ago
Other questions:
  • At December 31, Folgeys Coffee Company reports the following results for its calendar year. Cash sales $ 901,000 Credit sales 30
    9·1 answer
  • Suppose the economy is currently in long-run equilibrium. The government has just decided to lower income taxes. The long-run im
    7·1 answer
  • On july 1 of the current calendar year, plum co. paid $7,500 cash for management services to be performed over a two-year period
    13·2 answers
  • Suppose that $2000 is loaned at a rate of 11.5% , compounded semiannually. assuming that no payments are made, find the amount o
    8·1 answer
  • Subjective performance evaluations are subject to several rater errors, which makes objective measures seem a better alternative
    12·1 answer
  • any constituent who has a claim in some aspect of a company's products, operations, markets, industry, or outcomes is known as w
    10·1 answer
  • Investing in a money market mutual fund is a higher risk than investing in a certificate of deposit because unlike cds, money ma
    11·2 answers
  • an invesment adviser i slooking to offer advisory services to new clients. which statement is true regarding delivery of form ad
    12·1 answer
  • What is an insurance premium?
    9·1 answer
  • It was a meat-eating dinosaur. It was about 30 feet long. It had
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!