subject
Business, 23.07.2019 16:10 JesusisLord2881

Pint corporation holds 70 percent of size company's voting common stock. on january 1, 20x3, size paid $500,000 to acquire a building with a 10-year expected economic life. size uses straight-line depreciation for all depreciable assets. on december 31, 20x8, pint purchased the building from size for $180,000. pint reported income, excluding investment income from size, of $140,000 and $162,000 for 20x8 and 20x9, respectively. size reported net income of $30,000 and $45,000 for 20x8 and 20x9, respectively. based on the preceding information, the amount to be reported as consolidated net income for 20x9 will be:

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 20:30
You are in the market for a new refrigerator for your company’s lounge, and you have narrowed the search down to two models. the energy efficient model sells for $700 and will save you $45 at the end of each of the next five years in electricity costs. the standard model has features similar to the energy efficient model but provides no future saving in electricity costs. it is priced at only $500. assuming your opportunity cost of funds is 6 percent, which refrigerator should you purchase
Answers: 3
question
Business, 22.06.2019 22:30
Which of the following situations is most likely to change a buyer's market into a seller's market? a. a natural disaster that drives away a lot of the population. b. the price of building materials suddenly going up. c. the government buys up a lot of houses to build a new freeway. d. a factory laying off a lot of workers in the area.
Answers: 1
question
Business, 23.06.2019 06:50
How is a federal loan different from a private loan for an education? a federal loan is available for any student who meets the government's lending standards. a private loan is only available for students who show a need. a federal loan is only available for students who show a need. a private loan is available for any student who meets the bank's lending standards. a federal loan can only be used to pay for a student's tuition. a private loan can be used to pay for a student's tuition and any other expenses. a federal loan can be used to pay for a student's tuition and any other expenses. a private loan can only be used to pay for a student's tuition.
Answers: 1
question
Business, 23.06.2019 08:20
Mr. king wants to offer 100 acres of his property for sale. since the property is landlocked, he will have to put in a driveway to the road that will run across his remaining property. what kind of easement will he have to grant
Answers: 1
You know the right answer?
Pint corporation holds 70 percent of size company's voting common stock. on january 1, 20x3, size pa...
Questions
Questions on the website: 13722363