Perez, Inc., owns 80% of Senior, Inc. During the year just ended, Perez sold goods with a 40% gross profit to Senior. Senior sold all of these goods during the year. In its consolidated financial statements for the year, how should the summation of Perez and Senior income statement items be adjusted

Which of the following statements about the relationship between economic costs and accounting costs is true? multiple choice accounting costs are equal to or greater than economic costs. accounting costs must always equal economic costs. accounting costs are always greater than economic costs. accounting costs are always less than or equal to economic costs.

The group of people most likely to purchase a company's products are referred to as the company's marketing mix. target market. primary audience. advertising audience.

Acompany recently announced that it would be going public. the usual suspects, morgan stanley, jpmorgan chase, and goldman sachs will be the lead underwriters. the value of the company has been estimated to range from a low of $5billion to a high of $100billion, with $45billion being the most likely value. if there is a 20% chance that the price will be at the low end, a 10% chance that the price will be at the high end, and a 70% chance that the price will be in the middle, what value should the owner expect the company to price at?