subject
Business, 26.03.2020 05:27 nofer

1. A parent sells merchandise to its 90%-owned subsidiary at a markup of 20% on cost. The parent's beginning inventory includes $120,000 purchased from the subsidiary. The parent's ending inventory includes $156,000 purchased from the subsidiary. What is the impact of the above information on noncontrolling interest in net income, reported on the consolidated income statement for the year? A. No effect B. Subtract $3,000 C. Subtract $600 D. Subtract $6,000

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 16:00
Jelly has joined drakes team drake sends kelly an email explaining details of the project that she will be working on which of these is good etiquette
Answers: 3
question
Business, 21.06.2019 20:30
According to the research in strategic human resources management,answers: firms that are able to use human resource practices to develop socially complex human and organizational resources are able to gain competitive advantage over firms that do not engage in these practices.firms that are able to use human resource practices to develop socially simplistic human and organizational resources are able to gain competitive advantage over firms that do not engage in these practices.firms that are able to use human resource practices to develop socially complex human and organizational resources gain little advantage over firms that do not engage in these practices.firms that are able to use human resource practices to develop socially complex human and organizational resources are at a competitive disadvantage when compared to firms that do not engage in these practices.
Answers: 3
question
Business, 22.06.2019 04:10
What is the difference between secure bonds and naked bonds?
Answers: 1
question
Business, 22.06.2019 16:00
Which plan offers a tax-free education?
Answers: 1
You know the right answer?
1. A parent sells merchandise to its 90%-owned subsidiary at a markup of 20% on cost. The parent's b...
Questions
question
Computers and Technology, 12.07.2019 15:00
question
Computers and Technology, 12.07.2019 15:00