Business, 12.03.2021 14:50 andrwisawesome0
On January 1, 2017, Doone Corporation acquired 80 percent of the outstanding voting stock of Rockne Company for $496,000 consideration. At the acquisition date, the fair value of the 20 percent noncontrolling interest was $124,000 and Rockne's assets and liabilities had a collective net fair value of $620,000. Doone uses the equity method in its internal records to account for its investment in Rockne. Rockne reports net income of $200,000 in 2018. Since being acquired, Rockne has regularly supplied inventory to Doone at 25 percent more than cost. Sales to Doone amounted to $260,000 in 2017 and $360,000 in 2018. Approximately 30 percent of the inventory purchased during any one year is not used until the following year. What is the noncontrolling interest's share of Rockne's 2018 income
Answers: 1
Business, 22.06.2019 14:30
The state in which the manufacturing company you work for is located regulates the presence of a particular substance in the environment to concentrations โค x. recently-released, reliable research endorsed by the responsible federal agency conclusively demonstrates that the substance poses no risks at concentrations up to 5x. your company has asked you to consider designing a new process with a waste discharge stream containing up to 2x of the substance. based on the stated conditions, describe this possible.
Answers: 2
Business, 22.06.2019 15:00
(a) what do you think will happen if the price of non-gm crops continues to rise? why? (b) what will happen if the price of non-gm food drops? why?
Answers: 2
Business, 22.06.2019 16:00
In macroeconomics, to study the aggregate means to study blank
Answers: 1
Business, 22.06.2019 21:40
Which of the following comes after a period of recession in the business cycle? a. stagflation b. a drought c. a boom d. recovery
Answers: 1
On January 1, 2017, Doone Corporation acquired 80 percent of the outstanding voting stock of Rockne...
Mathematics, 09.09.2021 01:00
Mathematics, 09.09.2021 01:00
Social Studies, 09.09.2021 01:00
Computers and Technology, 09.09.2021 01:00
Mathematics, 09.09.2021 01:00
Mathematics, 09.09.2021 01:00
History, 09.09.2021 01:00
Chemistry, 09.09.2021 01:00
Mathematics, 09.09.2021 01:00
Chemistry, 09.09.2021 01:00
Mathematics, 09.09.2021 01:00
Biology, 09.09.2021 01:00