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?

The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out

Used cars usually have options: higher depreciation rate than new cars lower financing costs than new cars lower insurance premiums than new cars lower maintenance costs than new cars

Is exploiting a distinctive competence or improving efficiency for competitive advantage. (a) cooptation (b) coalition (c) competitive intelligence (d) competitive aggression (e) smoothing