subject
Business, 07.04.2020 20:31 teddylove2643

"X-Beams Inc. owned 70% of the voting common stock of Kent Corp. During 2018, Kent made several sales of inventory to X-Beams. The total selling price was $180,000 and the cost was $100,000. At the end of the year, 20% of the goods were still in X-Beams' inventory. Kent's reported net income was $300,000. Assuming there are no excess amortizations associated with the consolidation, and no other intra-entity asset transfers, what was the net income attributable to the noncontrolling interest in Kent

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 01:30
Ben collins plans to buy a house for $166,000. if the real estate in his area is expected to increase in value by 2 percent each year, what will its approximate value be five years from now?
Answers: 1
question
Business, 22.06.2019 04:30
Georgia's gross pay was 35,600 this year she is to pay a federal income tax of 16% how much should georgia pay in federal income ax this year
Answers: 1
question
Business, 22.06.2019 18:00
What would not cause duff beer’s production possibilities curve to expand in the short run? a. improved manufacturing technology b. additional resources c. increased demand
Answers: 1
question
Business, 22.06.2019 22:10
Asupermarket has been experiencing long lines during peak periods of the day. the problem is noticeably worse on certain days of the week, and the peak periods are sometimes different according to the day of the week. there are usually enough workers on the job to open all cash registers. the problem is knowing when to call some of the workers stocking shelves up to the front to work the checkout counters. how might decision models the supermarket? what data would be needed to develop these models?
Answers: 2
You know the right answer?
"X-Beams Inc. owned 70% of the voting common stock of Kent Corp. During 2018, Kent made several sale...
Questions
question
Mathematics, 03.12.2021 20:20
question
Mathematics, 03.12.2021 20:20
question
Social Studies, 03.12.2021 20:20
question
Social Studies, 03.12.2021 20:20