Mom owns 100% of the capital stock of both Daughter Corp. and Son Corp. Daughter purchases merchandise inventory from Son at 140% of Son's cost. During year 1, merchandise that cost Son $40,000 was sold to Daughter. Daughter sold all of this merchandise to unrelated customers for $81,200 during year 1. In preparing combined financial statements for year 1, Mom's bookkeeper disregarded the common ownership of Daugher and Son. By what amount was unadjusted revenue overstated in the combined income statement for year 1

The 2016 financial statements of the new york times company reveal average shareholders’ equity attributable to controlling interest of $837,283 thousand, net operating profit after tax of $48,032 thousand, net income attributable to the new york times company of $29,068 thousand, and average net operating assets of $354,414 thousand. the company's return on net operating assets (rnoa) for the year is: select one: a. 3.5% b. 6.9% c. 13.6% d. 18.7% e. there is not enough information to calculate the ratio.

Select the word from the list that best fits the definition sometimes

Jeanie had always been interested in how individuals and businesses effectively allocate their resources in order to accomplish personal and organizational goals. that’s why she majored in economics and took on an entry-level position at an accounting firm. she is very interested in further advancing her career by looking into a specialization that builds upon her academic background, and her interest in deepening her understanding of how companies adjust their operating results to incorporate the economic impacts of their practices on internal and external stakeholders. which specialization could jeanie follow to get the best of both worlds? jeanie should chose to get the best of both worlds.