The balance assigned to the noncontrolling interest in the consolidated balance sheet would be $18,480.
a. If no goodwill or gain on bargain purchase is reported, Parade Corporation paid for 60% ownership of Summer Company based on the fair value of the identifiable net assets. The fair value of the identifiable net assets can be calculated as follows:
Fair value of identifiable net assets = Fair value of assets - Fair value of liabilities
Fair value of identifiable net assets = $120,000 - $25,000 = $95,000
Parade Corporation paid 60% of the fair value of the identifiable net assets:
Amount paid by Parade Corporation = 60% x $95,000 = $57,000
b. If the fair value of the noncontrolling interest at acquisition is $54,000 and goodwill of $40,000 is reported, the calculation is as follows:
Amount paid by Parade Corporation = Fair value of identifiable net assets + Fair value of noncontrolling interest - Goodwill
Amount paid by Parade Corporation = $95,000 + $54,000 - $40,000 = $109,000
c. If Parade Corporation pays $73,200 to acquire its ownership and goodwill of $27,000 is reported, the calculation is as follows:
Fair value of identifiable net assets = Amount paid by Parade Corporation - Goodwill
Fair value of identifiable net assets = $73,200 - $27,000 = $46,200
Noncontrolling interest is the portion of the ownership not acquired by Parade Corporation, which is 40% in this case:
Noncontrolling interest = 40% x $46,200 = $18,480
Therefore, the balance assigned to the noncontrolling interest in the consolidated balance sheet would be $18,480.
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What did New Deal farm programs want to accomplish?
The major goals of the New Deal were relief, recovery, and reform.
What is New Deal farm program?The Agricultural Adjustment Act (AAA) was enacted as part of President Franklin D. Roosevelt's New Deal in 1933. Farmers were offered subsidies in exchange for limiting their production of certain crops under the law. Subsidies were intended to limit overproduction, allowing crop prices to rise.A major New Deal program to restore agricultural prosperity during the Great Depression by reducing farm output, reducing export surpluses, and raising prices.Because President Roosevelt's advisors believed that the economic depression was caused by a slowdown in agriculture, much of the New Deal was designed to assist farmers.Agricultural Adjustment Administration was established (AAA). Measures were implemented to reduce crop supply, stabilize prices, and support farm income.To learn more about New Deal program refer to :
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which conditional formatting rule is best suited to highlight sales value greater than $5,000?
The conditional formatting rule that can be used in highlighting sales value than more than $5000 as regards this question is greater than.
Conditional formatting can be regarded as feature in spreadsheet applications , which helps when there is a need to apply specific formatting to cells that meet certain criteria. In the case, of formatting rule for figures greater than $5,000, the the Greater Than sign is used to achieve this.The greater-than sign is helps in denoting an inequality between two valuesOther uses of formatting rule are to :highlightEmphasizedifferentiate among data as well as information stored in a spreadsheet
Therefore, conditional format helps in changing the appearance of cells
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How many customers does walmart serve globally in one week.
Walmart serves approximately 265 million customers globally in one week.
Walmart is one of the largest retailers in the world with a massive global presence. According to Walmart's 2021 annual report, the company operates over 10,500 stores in 24 countries, serving millions of customers each day.
Based on the same report, Walmart reported serving approximately 265 million customers globally in one week. This means that across its numerous locations, Walmart serves a staggering number of customers each week. This number highlights the significant scale and impact of Walmart's business operations, making it one of the largest retail companies in the world.
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nearness to raw materials would be most important to a multiple choice grocery store. a steel mill. a coffee shop post office. hospital.
Raw materials would be most important to a grocery store because it needs raw materials to make the products it sells. Without raw materials, a grocery store would not have any products to sell.
The nearness to raw materials would be most important to a grocery store. The raw materials used in a grocery store are foods and other household goods.
What is a grocery store?
A grocery store is a retail store that sells primarily food. Grocery stores offer non-perishable food items, such as canned goods, dried grains and pasta, frozen foods, dairy products, and fresh produce. In addition to food, some grocery stores also sell household goods, including cleaning supplies, medicines, and personal care products.Raw materials are essential to the functioning of any business. Raw materials are transformed into finished products, which are then sold in a retail environment. In the case of a grocery store, raw materials are the food products that are sold.
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Among the multiple-choice options given, "nearness to raw materials" would be most important to option (a), a steel mill. A steel mill requires raw materials such as coal, iron ore, and limestone in large quantities. Therefore, it is crucial to have a steady and easy supply of raw materials for the successful operation of a steel mill.
In a grocery store, the most important aspect is the availability of a diverse range of products to meet the customers' needs. A coffee shop, on the other hand, would focus on proximity to customers. A post office's most significant concern would be accessibility, and a hospital would emphasize the availability of skilled medical professionals. A steel mill is a place where raw materials such as coal, iron ore, and limestone are used to produce steel. These raw materials are required in large quantities and are often brought from a distance. The cost of transporting raw materials is high, and it increases the final cost of production. Therefore, the nearness to raw materials would be most important to a steel mill. This would ensure a steady supply of raw materials and minimize transportation costs.
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If a consumer who is trying to decide between alternatives believes that a particular brand delivers acceptable product performance and can be shortlisted, she is in the ________ level of the BrandDynamics Pyramid.
A) presence
B) relevance
C) performance
D) advantage
E) bonding
The correct answer is C) performance. In the BrandDynamics Pyramid, the performance level is where a consumer believes that a particular brand delivers acceptable product performance and can be shortlisted.
At this level, the brand has met the basic needs and requirements of the consumer but has not yet developed a strong emotional connection or loyalty.
If a consumer who is trying to decide between alternatives believes that a particular brand delivers acceptable product performance and can be shortlisted, she is in the C) performance level of the BrandDynamics Pyramid.
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what statement best illustrates an example of economic specialist
What's the main reason to use a personal budget?
O A. To keep costs below benefits
O B. To stay out of debt
C. To appropriate discretionary funds
O D. To maximize investment returns
Answer: B, stay out of debt
Explanation: A budget reveals areas where you're spending too much money so you can refocus on your most important goals. A budget can keep you out of debt or help you get out of debt. A budget actually creates extra money for you to do use on things that matter to you.
according to research, there are two explanations for outsider bias in knowledge valuation. the first involves organizational inentives that rewards managers when they learn from outsider; the second best explanation is
According to research, the second best explanation for outsider bias in knowledge valuation is information asymmetry.
Information asymmetry refers to a situation where one party has more or better information than another party. In the context of knowledge valuation, it means that managers within an organization may have more information and understanding about the internal knowledge compared to outsiders. This information advantage can lead to biases in how knowledge from outsiders is evaluated and valued. When managers have limited information about the knowledge and expertise of outsiders, they may underestimate its value or be more cautious in adopting it. This bias can be attributed to the inherent difficulty in accurately assessing the quality and relevance of external knowledge without complete information. Overall, information asymmetry is a significant factor contributing to outsider bias in knowledge valuation, alongside organizational incentives that reward managers for learning from outsiders.
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Kali wants to start her own investment firm from scratch, so she's very focused on understanding the possible drawbacks of taking this
approach. Which item belongs on Kali's list of drawbacks?
O A. withstanding the effects of a macro-level trend
ОВ. not growing quickly enough to tap into adjacent markets
OC. potentially running out of operating funds
OD paying monthly licensing and marketing fees
Answer:
C
Explanation:
because she likes to come up with advertisements which is a part of marketing
Which of the following best helps a company move toward achieving its
vision and mission?
A. Goals and objectives
B. Competitors and stakeholders
C. Activist investors
D. Corporate social responsibility
Answer:
A. Goals and objectives
Explanation:
Setting Goals and objectives sets you in a position to succeed. Doing this makes you organized and ready to face any challenges that you might face in order to achieve thos goals.
14) Twelve years from now, you will be inheriting $60.000 What is this you today if you can earn 6.0 percent interest, compounded annually? A) $58,419.05 B) $53,003.15 C) $29,818.16 D) $61.798.47 E) $
Present value = Future value/(1+i)^n i = interest rate per period n= number of periods => Present value = 60000/(1+6%)^12 =$ 29818.16.
What is compound interest?Compound interest is when you earn interest on both the money you save and the interest you earn. The interest earned on savings is computed using both the initial principle and the interest accrued over time. Any frequency plan, including continuous, daily, and yearly, is possible for interest compounding. The formula for calculating compound interest is as follows:
Compound Interest = Amount – Principal
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According to the data set below, what was the GDP per capita in the United States in 2017? Round your answer to the nearest whole dollar.
United States Real GDP and Population, 2013-2017
Year - Real GDP in US dollars - Population
2013 | $16,691,500,000,000 | 316,234,505
2014 | $17,427,600,000,000 | 318,622,525
2015 | $18,120,700,000,000 | 321,039,839
2016 | $18,624,500,000,000 | 323,405,935
2017 | $19,390,600,000,000 | 325,719,178
The GDP per capita in the United States in 2017 was approximately $59,647.
What was the approximate per capita GDP in the United States in 2017?To calculate the GDP per capita, we divide the real GDP of the United States in 2017 ($19,390,600,000,000) by the population in the same year (325,719,178). This calculation yields a GDP per capita of approximately $59,647.
GDP per capita is a measure that provides insight into the economic well-being of a country's residents on average. It represents the value of goods and services produced per person in a given year.
In the case of the United States in 2017, the GDP per capita indicates that, on average, each resident would have earned approximately $59,647 if the country's GDP were distributed equally among its population.
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The factors that lead to a low-cost position also provide a substantial ____ barriers position with respect to _______ products introduced by new and existing competitors.
A. entry; substitute
B. exit; primary
C. product; substitute
D. entry; primary
A
The factors that lead to a low-cost position also provide a substantial entry barriers position with respect to substitute products introduced by new and existing competitors.
A term used in economics and business to describe variables that can deter or make it difficult for newcomers to enter a market or industry sector and so limit competition is "barriers to entry." These might include prohibitive startup fees, bureaucratic roadblocks, or other barriers that make it difficult for new rivals to enter a market. Existing businesses win from entrance barriers because they preserve their market share and capacity to make money.
Special tax incentives for existing businesses, patent protections, strong brand recognition, devoted consumers, and high switching costs are a few examples of common entrance barriers. The requirement for new businesses to get licenses or regulatory clearance prior to operation is another barrier.
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Explain the function and purpose of the U.S. Federal Reserve System.
Answer:
The Fed provides the country with a safe, flexible, and stable monetary and financial system. The Fed's main duties include conducting national monetary policy, supervising and regulating banks, maintaining financial stability, and providing banking services.
Explanation:
In a snack vending machine, consumers can select one of many choices. These snacks are.
Answer:
In a snack vending machine, consumers can select one of many choices. These snacks are more likely to be price elastic.
Explanation:
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How can I make money on the internet, List some that are easy for multiple people
Answer:
You can use some beermoney websites such as Swagbucks and RewardXP. You do surveys and tasks to earn money. I personally use RewardXP. You can cash out in PayPal, gift cards, and even prepaid gift cards that can be used as debit/credit cards. I have personally made $60 from RewardXP.
the base company has assets that cost $50 million. the current market value of the assets is $75 million. the assets will be recorded and reported as assets at a. $75 million b. $125 million c. $25 million d. $50 million
Assets valued at $50 million will be documented and reported for the assets. Therefore option D is Correct.
According to the cost principle, assets should be valued at their cost while being recorded.The cost concept is one of the universally recognized accounting principles in accounting. Assets should always be documented for the duration of their useful lives at their original cost.What purposes does the cost principle serve?
The cost principle is a well-known accounting technique because it is uncomplicated, unambiguous, and conservative. It enables companies to simply track, confirm, and sustain costs over time without having to change the value of assets on a regular basis.To learn more about cost principle, click the links
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According to the concept of the invisible hand, what emerges due to the self-interested
choices of buyers and sellers in a free market?
Answer: The invisible hand is a metaphor for how, in a free market economy, self-interested individuals can promote the general benefit of society at large.
By signing the Paris agreement, governments pledged on the long-term goal to keep the global temperature rise to below ______ pre-industrial levels Group of answer choices 20° C 10° C 4° C 2° C
The governments that signed the Paris Agreement pledged on the long-term goal to keep the global temperature rise to below- D. 2°C pre-industrial levels.
What is the Paris Agreement?The Paris Agreement is an accord signed by 196 nations in December 2015 to combat climate change and reduce global greenhouse gas emissions.
The agreement's aim is to restrict global warming to "well below" 2 degrees Celsius above pre-industrial levels, and preferably below 1.5 degrees Celsius.
It also aims to raise financing for developing countries to aid in their efforts to reduce their carbon emissions while adjusting to the consequences of a changing climate.
In summary, the governments that signed the Paris Agreement pledged on the long-term goal to keep the global temperature rise to below 2°C pre-industrial levels.
Hence, option d. is correct.
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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
What are 4 reasons why you should print, save, or make a copy of your job application???
Answer:
Be Prepared. Make sure you know the correct names, dates, places and other information you will need
The monetary value of what a firm received for goods sold, services rendered, and other payments such as rents received, is referred to as Multiple Choice sales.
owners' equity gross income. revenue
The monetary value of what a firm received for goods sold, services rendered, and other payments such as rents received, is referred to as revenue.
What is revenue?Revenue is the monetary value of what a firm received for goods sold, services rendered, and other payments such as rents received. Revenue is the sum of money received by a company for providing goods or services.
In terms of financial accounting, revenue is the sales or other income earned by a company during a particular time period, including discounts and deductions for returned merchandise or allowances for missing or damaged goods.
Revenue is also referred to as turnover or sales by some firms.
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As a business owner, you're responsible for making the decisions that pertain to the profitability of your business. This decision-making freedom best reflects the _____ advantage of small business ownership.
Answer: Independence
Explanation: Independence can be explained as a state of existence where one's personal decisions, actions or steps does not hinge on another person's approval or acceptance. It could be seen as a state of autonomy where one can personally decide and actions one feels is best for a certain process at a particular time.
As a business owner, one thinks and acts based on one's personal volition of what is best for his or her business without having to sit and discuss with a group of individual's who may habiur different perceptions or scope. This freedom is usually enjoyed by small business owners rather than large groups of companies or corporations.
Question 8 of 10 Which choice best describes differences in corporate decision-making between the United States and the European Union? O A. Workers in the European Union are usually more involved in corporate decision-making. OB. Workers in the United States are usually more involved in corporate decision-making. OC. Workers in the European Union are involved less in decisions over labor. O D. Workers in the European Union are usually less active in trade unions.
The involvement of employees in corporate decision-making is often higher in the European Union, which highlights the disparities between corporate decision-making in the two regions.
What is meant by corporate decision-making?Corporate decision-makers are experts who select options from a variety of options in order to accomplish an organization's objectives and address problems. After choosing the appropriate course of action for their circumstance, they acquire information, assess the available evidence, and take action.
In most cases, the shareholders of a private corporation with many shareholders will either vote on a resolution during a shareholders' general meeting or by written resolution of the shareholders.
Organizations must choose actions that will maximize short-term results and avoid long-term dangers if they want to be competitive and thrive. Making strategic decisions reveals a company's future prospects and the options that can be put into practice to achieve success.
Therefore, the correct answer is option A. Workers in the European Union are usually more involved in corporate decision-making.
The complete question is:
Which choice best describes differences in corporate decision-making between the United States and the European Union?
A. Workers in the United States are usually more involved in
corporate decision-making.
B. Workers in the European Union are involved less in decisions over labor.
C. Workers in the European Union are usually more involved in
corporate decision-making.
D. Workers in the European Union are usually less active in trade unions.
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A local butcher and a worker at a cereal factory both work in what Agriculture, Food, and Natural Resource pathway?
Agribusiness Systems
Food Products & Processing Systems Animal Systems
Natural Resources Systems
The Food Products & Processing Systems is the department in Agriculture, Food, and Natural Resource where the local butcher and a worker at the cereal factory.
The food products $ processing systems is a department in the Food, and Natural Resource
The department is responsible for tasks including:
Bulk food production Development of ways to process, package or store food etcIn conclusion, the Food Products & Processing Systems is the pathway in Agriculture, Food, and Natural Resource where the local butcher and a worker at the cereal factory.
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Gary purchased a $200,000 life insurance policy on his own life. The temporary insurance agreement (TIA) was not issued since Gary opted to pay the initial premium on delivery of the policy. His agent delivered the pollcy on june 15t, 2017. Gary gave him a cheque for the initial premium dated for june 15th,2017. Unfortunately Gary had a scuba diving accident and died on June 10 th,2017. Will the insurer pay the death benefit to his beneficiary? Select one: a. Yes, because the day the application was signed is the day the policy was in force b. No, because scuba diving is not covered in a life insurance policy c. No, because the policy is not in effect until the initial premium is paid d. Yes, because the policy was delivered June 1,2017 with no conditions attached
The correct statement is, "c. No, because the policy is not in effect until the initial premium is paid".
Gary purchased a $200,000 life insurance policy on his own life. The temporary insurance agreement (TIA) was not issued since Gary opted to pay the initial premium on delivery of the policy. His agent delivered the policy on June 15th, 2017. Gary gave him a cheque for the initial premium dated for June 15th,2017. Unfortunately, Gary had a scuba diving accident and died on June 10th, 2017. The insurer will not pay the death benefit to his beneficiary because no Temporary Insurance Agreement (TIA) was issued.
A TIA can be issued if the insured is required to pay the initial premium when they submit their application. When the TIA is in effect, the coverage begins on the day the application was signed or, in some cases, on the date of the medical exam.The Temporary Insurance Agreement (TIA) was not issued because Gary chose to pay the initial premium upon delivery of the policy. Therefore, the policy did not come into force until the initial premium was paid. Unfortunately, Gary passed away before he could pay the initial premium. As a result, the policy was never in effect. So, the insurer will not pay the death benefit to his beneficiary because the policy is not in effect until the initial premium is paid.
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Question:What is the main causes of a change in quantity demanded?Demand:Competition and technology can revolutionize the way a product or service is delivered and can cause the price for a product to fall as it becomes profitable at lower prices to make the product. The change is supply can rise in the event of a natural disaster or a government trade war can make the prices rise to reflect a greater scarcity in supply than beforehand.
A change in the exact quantity of a product that customers are willing and able to purchase is referred to as a shift in the quantity demanded. A change in pricing is what led to this shift in the quantity demanded.
What is the main cause of a change in quantity demanded?Demand: A product's price may drop when it becomes more profitable to produce the product at lower prices as a result of competition and technology, which may also alter the way a good or service is delivered.
In the event of a natural disaster or a government trade war, supply may increase, causing prices to increase to reflect a higher shortage in supply than before.
An entire demand curve might shift right or left due to changes in variables like average income and preferences. As a result, the quantity demanded at a given price can be larger or lower. The prevailing view presumption. Assuming no other parameters change, demand curves link the prices and quantities required.
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can someone who owns a successful business give me inspiration on achieving to be a successful business owner
Answer: Have a sellable plan, be innovative & consistent
Explanation:
There are some things to consider that would guide you on a successful part in any venture you going into.
1) Have a plan, a sellable one; people would only buy what they need, so going into business, are you selling what they need or what you feel like doing?
2) Be innovative; innovation is one item that keeps you in market above others for a long time, if you can't be innovative, you'll leave the market earlier than you would ever imagined.
3) Be consistent; doing business is really hard, especially when you intend succeeding. You have to be consistent both in good and bad days, the result of these speaks over time.
Help me with the question
Answer:
See below
Explanation:
Gordon corporation produced 10,000 digital watches in the current year. variable costs are $8 per watch. overhead assigned is $2.25 per watch. a supplier offers the watches for $9.50 each. gordon's production manager reports the incremental overhead is $1.25 per watch. gordon should:_____.
Gordon analyze the decision under relevant cost management concept of make or buy decision the product. Gordon should make the product at $10.25 per unit.
What is Make or Buy Decision?When production manager or cost manager analyze the situation considering the facts of relevant cost concepts for making the product or procure from external suppliers is decision known as Make or Buy Decision.
The result shall be obtained by making proper statement of cost sheet of relevant cost only i.e. variable cost. In the given case Gordon want to produce 10000 digital watches in current year. The variable costs are $8 per watch and the overhead is $2.25 per unit. The inhouse cost of producing the watch is $ 10.25 per watch.
However if Gordon purchase the watch from supplier and the incremental cost of overhead (relevant cost) and cost of acquisition is $1.25 and $9.50 respectively. The total cost of Buy Decision is $10.75.
Thus it is clearly evident from the Make or Buy decision, Gordon shall opt to make the product because it is cost efficient by $0.50 per watch than buy it.
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