Business, 07.03.2020 06:29 gigioschoch
Prince Co. owned 80% of Kile Corp.'s common stock. During October 2018, Kile sold merchandise to Prince for $140,000. At December 31, 2018, 50% of this merchandise remained in Prince's inventory. For 2018, gross profit percentages were 30% of sales for Prince and 40% of sales for Kile. The amount of intra-entity gross profit remaining in ending inventory at December 31, 2018 that should be eliminated in the consolidation process is:
A. $28,000.B. $42,000.C. $56,000.D. $21,000.E. $22,400.
Answers: 2
Another question on Business
Business, 22.06.2019 18:30
Hilary works at klothes kloset. she quickly the customers, and her cash drawer is always correct at the end of her shift. however, she never tries to "upsell" the customers (for example, by asking if they would like to purchase earrings to go with the shirt they chose or by suggesting a purse that matches the shoes they are buying). give hilary some constructive feedback on her performance.
Answers: 3
Business, 23.06.2019 00:30
Emerson has an associate degree based on the chart below how will his employment opportunities change from 2008 to 2018
Answers: 3
Business, 23.06.2019 02:30
Suppose a starbucks tall latte cost $4.00 in the united states, 5.00 euros in the euro area and $2.50 australian dollars in australia. nominal exchange rates are .80 euros per dollar and 1.4 australian dollars per u.s. dollar. where does purchasing power parity hold? a. both the euro area and australia. b. neither the euro area or australia. c. the euro area but not australia. d. australia but not the euro area.
Answers: 1
Business, 23.06.2019 04:00
Match the different taxes to the levels at which these taxes are levied on consumers and businesses national level/ national and local levels 1.sales tax 2.income tax 3.payroll tax 4.social security tax 4.property tax
Answers: 1
You know the right answer?
Prince Co. owned 80% of Kile Corp.'s common stock. During October 2018, Kile sold merchandise to Pri...
Questions
Business, 15.12.2020 16:20
Mathematics, 15.12.2020 16:20
Geography, 15.12.2020 16:20
Mathematics, 15.12.2020 16:20
History, 15.12.2020 16:20
Mathematics, 15.12.2020 16:20
Business, 15.12.2020 16:20
