Pinta company acquired an 80% interest in strummer company on january 1, 2013, for $270,000 cash when strummer company had common stock of $150,000 and retained earnings of $150,000.
all excess was attributable to plant assets with a 10-year life. strummer company made $30,000 in 2013 and paid no dividends. pinta company's separate income in 2013 was $375,000.

controlling interest in consolidated net income for 2013 is:

a. $405,000.

b. $399,000.

c. $396,000.

d. $375,000.

George wants to collect funds to open his own bakery from his family.  he needs an accurate estimate of how much money he would require to run the bakery for at least six months.  he has to buy a shop  (costing $3,500)  and buy an oven  (costing $600).  his  start-up  costs, including various utility costs, would be  $300.  he has calculated his monthly expenses as  $250.  how much money would george require to start his business and run it for at least six months? a.  $3500b.  $5,900c.  $7,200d.  $7,400e.  $8,200its not c.7200 tried it