Answer:
Acquisition price for 30% share $3,000,000
($36,000 / $120,000 * 100)
Add: Net income $180,000
($600,000 * 30%)
Less: dividend ($108,000)
($360,000 * 30%)
Less: excess depreciation <u>-($45,000)</u>
($1,200,000 / 8 yrs*30%)
Investment reported in Balance <u>$3,027,000</u>
Sheet 2018
Answer:
Revealed by
Explanation:
The revealed by is the concept that is applied in the case when the classification of the derivatives for the new document is inbuilt and get the authorized source for classification into a new document plus the same is to not seen in the source document
Therefore the concept i.e used to determine the classification of derivatives is revealed by concept
Answer:
a. A cost that is necessary for the overall operation of the business but not directly related to a contract
Explanation:
Option B - Allocable costs cannot be considered if the contractor is doing business with the government.
Option C - If the cost is exempted, it cannot be specifically allowable for a contract, or a cost that is beneficial to both the contract and other work.
Option D - Indirect costs cannot be allowable.
Option A - It is the right answer because allowable cost should be significant for the operations with an indirect relation with the contract. If it is linked with the overall operations, it can be considered as allowable to a contract.
The law of diminishing marginal utility states that as a
person increases consumption of a good while keeping consumption of other
products persistently then there is a drop in the marginal utility<span> that person descends from consuming each extra unit of
that product. So the answer is letter C.</span>
Answer:
manufacturing organization
Explanation:
This is an example of a manufacturing organization. This is an organization that focuses on gathering all of the necessary ingredients, which are then placed in a specific process to which combines them to make a unique product. This product is then sold to other companies or individual customers to generate profit for the company. This is exactly what Black Diamond does in order to produce outdoor equipment.
