On january 1, 2016, parker acquired 80% of the outstanding stock of calvin for $48,000. the remaining 20% is valued at $12,000. calvin has one recorded asset, a machine with a book value of $10,000 and no liabilities. the fair value of the machine is $50,000 on the acquisition date and has a useful life of 10 years. any remaining excess fair value is attributable to a patent with an estimated useful life of 5 years. during the year calvin reports sales of $100,000 and expenses of $60,000. calvin pays $10,000 in dividends during the year. what is the amount of non-controlling interest that would be reported on a consolidated balance sheet at the end of the year?

Monetary policy in the united states is carried out primarily by which of the following agencies? a. the department of the treasury b. the small business association c. the federal reserve bank d. the u.s. mint 2b2t

Afreelance​ singer-songwriter is planning the restoration of a recently purchased civil​ war-era farmhouse. while he professes an enjoyment​ of, and talent in the construction​ trades, the theory of comparative advantage implies that a. the value of what he imports​ (in this​ case, professional contractor​ services) must equal the value of what he exports​ (songs). b. he should concentrate on the restoration work since his​ out-of-pocket costs will be much lower than if he hires professionals. c. ​self-sufficiency is​ advantageous, hence he should split his time between music and construction. d. the income lost while away from music will likely exceed the savings realized by doing the work​ himself, thus, he should hire professionals to do the restoration work. e. he ought to do as much of the work himself as possible since imports​ (in this​ case, professional contractor​ services) should always be restricted to those things that cannot be done internall

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