Clark company had the following transactions with affiliated parties during 20x2: sales of $60,000 to dean inc., with $20,000 gross profit. dean had $15,000 of this inventory on hand at year-end. clark owns a 15 percent interest in dean and does not exert significant influence. purchases of raw materials totaling $240,000 from kent corporation, a wholly owned subsidiary. kent’s gross profit on the sales was $48,000. clark had $60,000 of this inventory remaining on december 31, 20x2. before consolidation entries, clark had consolidated current assets of $320,000. what amount should clark report in its december 31, 20x2, consolidated balance sheet for current assets?
a. $320,000.
b. $317,000.
c. $308,000.
d. $303,000.

What other aspects of ecuadorian culture, other than its predominant religion and language, might affect that country’s culture?

Richardson hired j.c. flood company, a plumbing contractor, to correct a stoppage in the sewer line of her house. the plumbing company's 'snake' device, used to clear the line leading to the main sewer, became caught in the underground line. to release it, the company excavated a portion of the sewer line in richardson's backyard. in the process, the company discovered numerous leaks in a rusty, defective water pipe that ran parallel with the sewer line. to meet public regulations, the water pipe, of a type no longer approved for such service, had to be replaced either then or later, when the yard would have to be excavated again. the plumbing company proceeded to repair the water pipe. though richardson inspected the company's work daily and did not express any objection to the extra work involved in replacing the water pipe, she refused to pay any part of the total bill after the company completed the entire operation. j.c. flood company then sued richardson for the costs of labor and material it had furnished. (c) for what, if anything, should richardson be liable? explain."

Bdj co. wants to issue new 22-year bonds for some much-needed expansion projects. the company currently has 9.2 percent coupon bonds on the market that sell for $1,132, make semiannual payments, have a $1,000 par value, and mature in 22 years. what coupon rate should the company set on its new bonds if it wants them to sell at par?