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.

Why there has to be two lines in a plane

Amanager of a store that sells and installs spas wants to prepare a forecast for january and june of next year. her forecasts are a combination of trend and seasonality. she uses the following equation to estimate the trend component of monthly demand: ft = 30+5t, where t = 1 in january of this year. seasonal relatives are 0.60 for january and 1.50 for june. what demands should she predict for january and june of next year

The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be: