Gibson corp. owned a 90% interest in sparis co. sparis frequently made sales of inventory to gibson. the sales, which include a markup over cost of 25%, were $420,000 in 2017 and $500,000 in 2018. at the end of each year, gibson still owned 30% of the goods. net income for sparis was $912,000 during 2018. assuming there are no excess amortizations associated with the consolidation, and no other intra-entity asset transfers, what was the net income attributable to the noncontrolling interest for 2018?

Assume that a local bank sells two services, checking accounts and atm card services. the bank’s only two customers are mr. donethat and ms. beenthere. mr. donethat is willing to pay $8 a month for the bank to service his checking account and $2 a month for unlimited use of his atm card. ms. beenthere is willing to pay only $5 for a checking account, but is willing to pay $9 for unlimited use of her atm card. assume that the bank can provide each of these services at zero marginal cost.refer to scenario 17-5. if the bank is unable to use tying, what is the profit-maximizing price to charge for a checking account