SP: Pilfer Company acquired 90 percent ownership of Scrooge Corporation in 2007, at underlying book value. On that date, the fair value of noncontrolling interest was equal to 10 percent of the book value of Scrooge Corporation. Pilfer purchased inventory from Scrooge for $90,000 on August 20, 2008, and resold 70 percent of the inventory to unaffiliated companies on December 1, 2008, for $100,000. Scrooge produced the inventory sold to Pilfer for $67,000. The companies had no other transactions during 2008. 1. Based on the information given above, what amount of sales will be reported in the 2008 consolidated income statement

i think the answer is a. dependable person

i hope this is right!

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

i'ts proportional. if the inflation rate is 12% for example, the cpi will be 12% less.

hope it ,

bioteacher101