Assume a Parent company acquires bonds directly from a Subsidiary that issued the bonds. Describe in plain language the consolidation adjustments the Parent must make in preparing its consolidated financial statements in the year of the purchase of the Subsidiary’s bonds. Describe in plain language the consolidation adjustments the Parent must make in preparing its consolidated financial statements in the years after the purchase of the Subsidiary’s bonds.

Minneapolis federal reserve bank economist edward prescott estimates the elasticity of the u.s. labor supply to be 3. given this elasticity, what would be the impact of funding the social security program with tax increases on the number of hours worked and on the amount of taxes collected to fund social security?

Margaret company reported the following information for the current year: net sales $3,000,000 purchases $1,957,000 beginning inventory $245,000 ending inventory $115,000 cost of goods sold 65% of sales industry averages available are: inventory turnover 5.29 gross profit percentage 28% how do the inventory turnover and gross profit percentage for margaret company compare to the industry averages for the same ratios? (round inventory turnover to two decimal places. round gross profit percentage to the nearest percent.)

Which of the following would classify as a general education requirement