Angela, Inc., holds a 90 percent interest in Corby Company. During 2020, Corby sold inventory costing $84,750 to Angela for $113,000. Of this inventory, $56,400 worth was not sold to outsiders until 2021. During 2021, Corby sold inventory costing $79,300 to Angela for $122,000. A total of $53,800 of this inventory was not sold to outsiders until 2022. In 2021, Angela reported separate net income of $239,000 while Corby's net income was $121,000 after excess amortizations. What is the noncontrolling interest in the 2021 income of the subsidiary
Answers: 3
Business, 22.06.2019 10:00
Suppose an economy has only two sectors: goods and services. each year, goods sells 80% of its outputs to services and keeps the rest, while services sells 62% of its output to goods and retains the rest. find equilibrium prices for the annual outputs of the goods and services sectors that make each sector's income match its expenditures.
Answers: 2
Business, 22.06.2019 12:50
Demand increases by less than supply increases. as a result, (a) equilibrium price will decline and equilibrium quantity will rise. (b) both equilibrium price and quantity will decline. (c) both equilibrium price and quantity will rise
Answers: 3
Business, 22.06.2019 19:10
Robin hood has hired you as his new strategic consultant to him successfully transform his social change enterprise. robin has told you that he counting on your strategic management knowledge to him and his merrymen achieve their goals. discuss in detail what you think should be robin’s two primary strategic goals and continue by also explaining your analytical reasons that support your recommendations.
Answers: 3
Angela, Inc., holds a 90 percent interest in Corby Company. During 2020, Corby sold inventory costin...
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