Tiberend, inc., sold $143,000 in inventory to schilling company during 2017 for $220,000. schilling resold $94,000 of this merchandise in 2017 with the remainder to be disposed of during 2018. assuming that tiberend owns 24 percent of schilling and applies the equity method, what journal entry is recorded at the end of 2017 to defer the intra-entity gross profit? (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. do not round intermediate calculations.)

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Your father's employer was just acquired, and he was given a severance payment of $375,000, which he invested at a 7.5% annual rate. he now plans to retire, and he wants to withdraw $35,000 at the end of each year, starting at the end of this year. how many years will it take to exhaust his funds, i.e., run the account down to zero? a. 22.50 b. 23.63 c. 24.81 d. 26.05 e. 27.35

Moody corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. at the beginning of the year, the company made the following estimates: machine-hours required to support estimated production 100,000 fixed manufacturing overhead cost $ 650,000 variable manufacturing overhead cost per machine-hour $ 3.00 required: 1. compute the plantwide predetermined overhead rate. 2. during the year, job 400 was started and completed. the following information was available with respect to this job: direct materials $ 450 direct labor cost $ 210 machine-hours used 40