in a consolidated statements workpaper for dates after acquisition, which items are carried forward from one section to another?
Answers
The presentation of a consolidated financial statement is accurate in this sense. A financial statement of a business with numerous divisions or subsidiaries is known as a consolidated financial statement.
The reporting of an entity with a parent company and subsidiaries would therefore be combined in this statement. The goodwill's value must not change unless it is impacted by the sale of a business unit that was founded using the goodwill.Jenkins's receivable and Lambert's loan payable are intra-entity accounts.
These reciprocal balances are offset during consolidation. The $100,000 is not reported in consolidation financial statements since it is neither a debt to nor a receivable from an unrelated (or outside) party. Any interest income or expense incurred as a result of this loan is intra-entity in nature and must be erased as well.
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Related Questions
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Amanda submitted her taxes, but someone from the IRS called her because they want to talk more about her tax return. What is Amanda MOST likely experiencing?
estimated payment
tax audit
tax deduction
Answers
Answer
tax detection
Explanation:
just is
Explanation:
What are two ways people can find money to save?
Answers
Answer:
By Increasing the income or by lowering the expenditure.
Explanation:
By increasing income means that the person must invest the money which would result in increase in the annual income. This increase in annual Income would help you to save more.
The second method is by decreasing the expenditure which are not necessary or are associated with luxury lifestyle. If the person has lowered its expenses then he has started saving more and this money he or she can use elsewhere which as per their future planning.
A broker is concerned about the potential for litigation as a result of actions his licensees may take. He's implementing a risk management plan to reduce the level of risk his firm faces. What's the first step he should take
Answers
A broker first step should take, to identify the risk.
What is risk management?
The process of discovering, evaluating, and controlling risks to an organization's resources and profits is known as risk management.
The risk management process is made up of five fundamental processes that are used to control risk. It starts with identify the risk, analyze the risk, prioritize the risk, treat the risk, monitor the risk.
Hence, the significance of the risk management is aforementioned.
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Damerly Company (a Utah employer) wants to give a holiday bonus check of $350 to each employee. Since it wants the check amount to be $350, it will need to gross-up the amount of the bonus. Calculate the withholding taxes and the gross amount of the bonus to be made to John Rolen if his cumulative earnings for the year are $46,910. Besides being subject to social security taxes and federal income tax (supplemental rate), a 5% Utah income tax must be withheld on supplemental payments.
Answers
Answer:
$350
Explanation:
Calculation for the withholding taxes and the gross amount of the bonus to be made to John Rolen if his cumulative
Social Security rate 6.20%
Medicare rate 1.45%
Federal Income tax 22.00%
State income tax 5.00%
Total tax percentage 34.65%
Calculation for the Required gross bonus
Required gross bonus =$350/(1-34.65%)
Required gross bonus=$350/1-0.3465
Required gross bonus=$350/0.6535
Required gross bonus=$535.57
Gross bonus amount $535.57
Federal Income tax withheld (117.82) ($535.57*22%)
OASDI tax withheld (33.20)
($535.57*6.2%)
HI tax withheld (7.76)
($535.57*1.45%)
Utah Income tax withheld (26.77)
($535.57*5%)
Take home bonus check $350.00
Therefore the withholding taxes and the gross amount of the bonus to be made to John Rolen if his cumulative will be $350.00
The computer accessories that Javier is making and selling are bringing in a substantial amount of money for him. Inspired by this success, he decides to hire two people and expand his business.
Answers
Answer:
International competition
Explanation:
International competitions may be defined as when an organization or a business enterprise enters into a competition with the global organizations. It is that driving force which enables an organization to produce more goods and expand their business in a global term.
In the context, Javier making and selling computer accessories decides to expands his business and produce more of his products and hire two employees for his firm. Thus it is an example of international competition.
On April 1, 2020 Everjoy Company purchased $60,000 of Miller Corporation's 8% bonds at a purchase price of 105. At the time of purchase the market rate of interest was 6%. Everjoy Company, whose year end is December 31, expects to hold the bonds until their maturity date 5 years from the date of purchase. Interest on the bonds will be paid every April 1 and October 1 until maturity. What is the carrying value (amortized cost) of the bond that Everjoy Company would report on October 1, 2020? Answer: \$
Answers
The carrying value (amortized cost) of the bond that Everjoy Company would report on October 1, 2020, is $63,000.
The carrying value of a bond is the purchase price plus any accrued interest and minus any discount or plus any premium amortized over the bond's life. Since the bond was purchased at a premium (105% of face value), the premium needs to be amortized over the bond's life. In this case, the bond has a 5-year life, so each year 1/5th of the premium needs to be amortized. Therefore, on October 1, 2020 (6 months after the purchase date), the amortized cost would be $63,000 ($60,000 + 1/5 * $3,000 premium amortization).
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How has Tesco’s performed against each of the measures of success?
Answers
Answer:
For a long time, we measured our performance using the Steering Wheel. ... We now have just six simple, key business performance measures. It's about alignment and focus: if we give our colleagues more power to choose the right actions, we'll do a better job for customers and achieve greater success for our business.
Answer:
Tesco has been particularly successful because of its powerful brand. It has a reputation for value, low prices and for being customer focused. Its brand equity and associations have helped the company to expand into new sectors and markets. Tesco has also been strong in public relations, advertising and building profile in catchment areas on a local level. This local approach to marketing appears to be a key driver for success.
Susan would like to work on a class project alone, but her teacher asked the class to work in groups. How will Susan benefit from working with a team?
Independence
Increased creativity
Easy class credit
Easy decision making
Answers
Answer:
Easy decision making
Explanation:
Independence would not be it because Susan is in a group and the other two wouldn't be true because easy class credit would mean letting the rest of the group do the work, and increased creativity wouldn't be it because there would be other part of the group would be doing that two.
If a company develops an advertising campaign exclusively for a segment of consumers with a certain income and education, which segmentation variable is the company using?
Answers
answer:
Demographic
(Just got this question)
What is a benefit of power pivot versus standard pivot tables?.
Answers
Power Pivot provides several benefits over standard Pivot Tables. First and foremost, Power Pivot allows users to handle larger data sets with ease. It can process up to millions of rows of data compared to the 1 million row limit in standard Pivot Tables.
Additionally, Power Pivot can handle more complex calculations and create relationships between multiple tables within the workbook. This means that users can create more sophisticated reports and analyses without having to merge data manually. Another benefit of Power Pivot is that it offers more advanced data modeling and data shaping capabilities, including the ability to create custom measures and KPIs.
Finally, Power Pivot offers more advanced data visualization options, including the ability to create charts, maps, and timelines directly within the workbook. Overall, Power Pivot is a powerful tool that enables users to perform more complex data analysis and create more sophisticated reports and visualizations than they could with standard Pivot Tables.
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Kentucky Fried Chicken, with 18,875 stores in 118 countries and territories around the world, changed their recipe (the spiciness) for various regions. Even within China, the spiciness varies from region to region. Their menu changed also; for example, in Shanghai, KFC serves porridge for breakfast and Peking Duck burgers for lunch. This example shows that multinational firms must _______.
Answers
Because KFC changed their recipe (the spiciness) for various regions, this shows that multinational firms must develop every new product for potential worldwide distribution.
What is new product development?A new product development refer to a firm process of bringing in a new product to the marketplace.
In conclusion, the development of new product helps in potential worldwide distribution.
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which target market the Beetle’s makers and promoters were aiming at.
Answers
The target market for the new Beetle are people between 18-34 years old as well as baby boomers.
Who encouraged the Volkswagen Beetle's development?A review of a German success story in this article. The Volkswagen Beetle was created by two individuals, Adolf Hitler and Ferdinand Porsche, and it was a massive undertaking.
Therefore, the Segmentation of the New Beetle People who are "psychologically young," individualistic, self-assured, and nonconformist should be the New Beetle's target market.
According to research, prospective New Beetle drivers exhibited traits including self-assurance, independence, and a desire to command attention. They enjoyed driving and valued German engineering and spirited designs.
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Write an essay titled "My Core Competencies." In it, address the abilities and skills that make you a competent individual, and different from anyone else. Submit your work below.
Answers
Answer:
Abilities and skill are the capabilities of an individual which makes a person different from others.
Explanation:
My Core Competencies
Competency may be defined as the ability of a person to do something efficiently or successfully. It is a set of skills or characteristics of a person that enables to do a task or a job.
I am an automobile engineer with a high skill sets and ability to work in high pressure environment. I am competent to work with multi functional teams and can handle projects on my own. I have a vast experience in the car manufacturing industries from conceptualization to designing to manufacturing process.
I have done a certification course on 'Advance materials' which will help me identify and used new materials in the products to make them more efficient as well as less costly.
I have also hands on experience on different CAD and CAE software and programming language such as C++, Java, Matlab and many more.
I also have command over other foreign languages such as German, Japanese and French.
All this skill sets and competencies of mine makes me a suitable candidates than others and I am capable of working more efficiently and deliver my best in my job.
Toyota marketed its RAV4 hybrid model to a distinct segment of consumers as an adventurous, sporty hybrid that stands out as being uniquely different from other hybrid models. This is an example of
Answers
Answer:
the marketing mix variable—place
Explanation: this easy bc u just see what the variablie to the mix is times that
Toyota marketed its RAV4 hybrid model to a distinct segment of consumers as an adventurous, sporty hybrid that stands out as being uniquely different from other hybrid models. This is an example of market positioning.
What is Consumer?A consumer is referred to as an end user of any product. He is the person who utilized or consumes the goods. For example, when parents purchase baby food, they will be considered customers, not consumers the consumer will be a kid.
Market positioning is referred to as a technique in which the perception of the customer is influenced towards the product or brand by making attractive advertisements and promotions.
This market positioning helps in capturing the market and attracting target customers. This will also help in promoting business goodwill and meeting the expectations of the Buyer.
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Pablo gets his dog’s hair cut every month. He pays $10 a cut, once a month. The salon is offering a new sale. The sale offers 1 cut per month, for 3 months for $25. Should Pablo get this new sale price?
Answers
Answer:
Yes , Pablo should get the new sale price
Explanation:
Before the new offer, Pablo spends a total of $30 for three months.
( $10 x 3 months).
With the new offer, It will cost Pablo $25 in hair cuts for three months.
The new price is cheaper by $5.
Pablo will save $5 with the new sale price.
Equilibrium in the market for goods and services determines the ______ interest rate and the expected rate of inflation determines the ______ interest rate.
ex ante real; ex ante nominal
Answers
Equilibrium in the market for goods and services determines the ex ante real interest rate and the expected rate of inflation determines the ex ante nominal interest rate.
In an economy, the real interest rate represents the return on investment after adjusting for inflation, while the nominal interest rate represents the return on investment before adjusting for inflation. The equilibrium in the market for goods and services is determined by the interaction of supply and demand for goods and services in the economy, which affects the real interest rate. On the other hand, the expected rate of inflation, which is influenced by various factors such as government policies, affects the nominal interest rate.
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can u give me an example of destructive and constructive? don't mind the subject by the way.
Answers
i believe constructive is like building something up (constructive criticism)
destructive is the opposite
OJT is best for large groups.
True
False
Answers
I think this is right
Henry recently set up a retail store in his hometown. He studied the pattern that other storeowners followed in obtaining new customers. All their current customers had referred the store to their friends and family. Their awareness basically spread through word-of-mouth. Henry knew that his store offered the same quality as the other stores did. His store was also on the same street as the other retail stores. Given the setting, the other storeowners were already charging their customers the bare minimum in order to remain competitive. Which P of marketing should Henry concentrate on to distinguish his retail store?
Answers
Answer :
Promotion is the P of marketing Henry may focus on to differentiate his retail shop.
Explanation :
In marketing, there are seven (7) P's that make up the marketing mix. The four (4) most important P's in the marketing mix are P-product, P-price, and P-place. P-promotion According to the text, Henry cannot utilize the first P, which stands for product, because he is aware that his store offers the same quality as the others.
Henry can't utilize the second P, Price, as a marketing technique since he knows that other business owners are already charging the bare minimum to stay competitive. Henry can't utilize the third P, which stands for Place, because his business is on the same street as the other retail stores, and he can't improve on that. Henry's lone marketing tool for beating the competition is the fourth P, which stands for Promotion.
This is because word-of-mouth knowledge established by other business owners is insufficient to create widespread awareness; word-of-mouth can only reach friends and relatives. As a result, the P in marketing that Henry may use is Promotion. He may achieve this by creating global awareness through advertisements on television, radio, social media, printing handbills, and sales promotions such as lottery draws, festive sales, clearance discounts, and offering consumers bonuses such as the buy three, get one free promotion.
Which is a good rule to follow when sending business emails? (1 point)
Answers
Answer:
Avoid forwarding spam and unnecessary messages such as chain letters.
Explanation: did the test
The good rule that must follow at the time of sending business emails is to avoid forwarding spam and unwanted texts like chain letters.
What is email?An email, is also called as the electronic mail. It is one of the most extensively employed features of the Internet, that is mostly used in the formal business organizations.
It allows a person to transport and acquire messages from nay person in the globe that has an email account. Within the TCP/IP suite, email uses a variety of protocols.
When sending business emails, a good tip to follow is to avoid forwarding spam and undesirable texts like chain letters.
Therefore, the use of formal languages and proper formats made the emails more accurate.
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Please help with this question
Answers
Answer:
Number 1: from
Number 2: place
Number 3: information utility
Number 4: Possession
Explanation:
I want to start my own brand & build a fashion empire. Should I go to a fashion college or to a business school?
Answers
Answer:
Honestly, business would be much better for you. Learning business will give you many more opportunities and learn how to sell your products. Business will help you with marketing, pricing, discounting, and know how to "not get effed over." I believe that would be much better for you THEN go to fashion college.
A company is considering a 5.year project to expand production with the purchase of a new automated machine using the latest technology. The new machine would cost 5190,000 FOB 5 t. Louis, with a shipping cost of $5,000 to the plant location, installation expenses of 510,000 would also be required. This new machine would be classified as 7-year property for MACRS depreciation purposes. The project engineers anticipate that this equipment could be sold for salvage for $38,000 at the end of the project. If the corporate tax rate is 25%. what is the after tax salvage cash flow for this new machine at the end of the project? (Answer to the nearest dollar.) MACRS percentages for depreciation each year are as follows:
Answers
The salvage value of the machine is $38,000. To determine the tax implications, we need to calculate the depreciation expense for each year using the MACRS percentages.
Year 1 depreciation expense: $195,000 * 20.00% = $39,000
Year 2 depreciation expense: $195,000 * 32.00% = $62,400
Year 3 depreciation expense: $195,000 * 19.20% = $37,440
Year 4 depreciation expense: $195,000 * 11.52% = $21,264
Year 5 depreciation expense: $195,000 * 11.52% = $21,264
Year 6 depreciation expense: $195,000 * 5.76% = $11,232
To calculate the tax savings from depreciation, we multiply each year's depreciation expense by the tax rate of 25%:
Year 1 tax savings: $39,000 * 25% = $9,750
Year 2 tax savings: $62,400 * 25% = $15,600
Year 3 tax savings: $37,440 * 25% = $9,360
Year 4 tax savings: $21,264 * 25% = $5,316
Year 5 tax savings: $21,264 * 25% = $5,316
Year 6 tax savings: $11,232 * 25% = $2,808
The after-tax salvage cash flow is calculated by adding the salvage value to the total tax savings:
After-tax salvage cash flow = Salvage value + Total tax savings
After-tax salvage cash flow = $38,000 + ($9,750 + $15,600 + $9,360 + $5,316 + $5,316 + $2,808)
After-tax salvage cash flow = $38,000 + $48,150
After-tax salvage cash flow = $86,150
Therefore, the after-tax salvage cash flow for the new machine at the end of the project is $86,150.
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The annual percentage rate (APR) is equivalent to the stated rate of interest when the _____ is used to calculate finance charges.a. dollar cost of credit methodb. discount methodc. average loan balance methodd. double declining balance methode. simple interest method
Answers
The annual percentage rate (APR) is equivalent to the stated rate of interest when the "dollar cost of credit method" is used to calculate finance charges. So, the correct answer is: e. simple interest method.
Credit Card APR means that the credit card Annual Percent Rate, it is grounded APR on the prime rate which means the variable interest rate is the one which changes grounded on the another rate of interest. For example, APR on the credit card could be the prime rate plus 13%, this is the interest rate on the issuer credit card charges on top of the prime rate. And the APR also based on the credit history of the person.
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Assume the marginal propensity to consume is 0.75. What will happen if government spending increases by $100 billion
Answers
What will happen if government spending increases by $100 billion is:
Real output will increase by a maximum of $400 billion.
Using this formula
Multiplier=1/(1-MPC)
Where:
MPC=Marginal propensity to consume =0.75
Let plug in the formula
Multiplier=1/(1-0.75)
Multiplier=1/0.25
Multiplier=4
Increase in GDP= Government spending ×4
Increase in GDP=$400
Inconclusion what will happen if government spending increases by $100 billion is: Real output will increase by a maximum of $400 billion.
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How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
How do you write a business pitch???
Answers
Answer:
A business pitch is a presentation by one or more people to an investor or group of investors.
Explanation:
have a nice day! hope this helps!
The best business pitch gets to the heart of the matter quickly in order to keep investors from losing interest or worse yet, thinking there's no point to the presentation. Get to the meat of the pitch as soon as possible; if investors don't understand the idea right away, they'll think customers won’t understand it either.
You may want to consider starting with an elevator pitch, so named because it should be short enough to deliver during a brief elevator ride. It can introduce your business pitch and is handy if you stumble across a brief opportunity to sell your idea to a potential investor (for instance, if you find yourself riding to the tenth floor with the likes of Bill Gates). An elevator pitch is a concise and carefully planned description of your company or idea that can be quickly and easily understood. In a longer business pitch, the elevator pitch can be used as the hook: a line or two in your business writing that captures the attention of potential investors.
Once you've started off your business pitch with a brief overview of your business idea, it’s time to flesh out the details. You want to get across the reasons investors should to buy in; for example, what benefits will investors receive if they provide the necessary capital? Your business pitch might include the following:
It is important to do your research. You must know your product, audience, and competitors well and should be prepared to answer any questions potential investors may have. It is important to ensure you are pitching your idea to the right people. Research potential investors and ensure your pitch idea is well-matched to their interests.
While your overall idea is the most important part of your business pitch, make sure to polish the details: be sure your numbers are correct and have evidence to validate any claims you make. Use powerful, convincing words and avoid using superlatives or hyperbole; and, of course, edit your pitch to ensure you have used proper grammar, spelling, and punctuation! You want potential investors to judge your business pitch based on merit rather than surface errors..l
How do you solve economic equations when they add percentages like 200% & add another # with it?
Answers
Answer:
Sorry if this is unclear btw!
Explanation:
A percentage is a number multiplied by 100. So, 200 ÷ 100 = 2. So, if you are adding 200% to a number, you only add 2. When multipliying by 200%, you multiply by 2. Same for subtraction and division!
Your new health insurance has a $4000 deductible. What does that mean?
Answers
the principle purpose of project milestones is to: . a. keep the project on track b. assure management that the project team is busy c. accumulate information for the final report d. reward the team with a management presentation
Answers
The correct option is (A)
The principal purpose of project milestones is to keep the project on track.
What are project milestones?A milestone is a precise time within the life cycle of a project that is used to gauge its advancement toward its end objective. In project management, milestones serve as signposts for a project's start and completion dates, external evaluations and input, financial audits, the submission of a key deliverable, etc.
Here are a few typical project milestone illustrations:
completing crucial project deliverables, including the initial iteration of your software. When a crucial project phase, such as the "planning phase" or "designs phase," begins or ends. a critical occurrence, such as project sponsor approval, that gives the project the go-ahead.
Project milestones are specific times in your calendar that indicate a significant accomplishment or the end of a crucial stage in the project. Project milestones are crucial for guaranteeing efficient administration and guiding the team.
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