On January 1, 2016, Parson Corporation sold equipment to its 70-percent owned subsidiary, Settle Company, for $630,000. The equipment originally was purchased at the beginning of 2013 for $850,000. Settle continued to depreciate the equipment on a straight-line basis over its remaining 7-year life. The equipment's residual value is considered to be zero. Required: a. Provide the workpaper entries related to the sale of the equipment for 2016 and 2017. 2016Equip220,000Gain 35,000Accu. Depr.255,000Accu. Depr. 5,000Dep Exp 5,000*Inv. in S 30,000 Income to S 30,0002017Equip220,000Inv in S 30,000Accu. Depr.250,000Accu. Depr. 5,000Dep Exp 5,000*Income to S 5,000 Inv. in S 5,000b. Provide the 2017 workpaper entries for this transaction assuming Settle sold the equipment to Parson instead of the original scenario.2) If S--> P2017Equip220,000Inv in S 21,000NCI 9,000Accu. Depr.250,000Accu. Depr. 5,000Dep Exp 5,000*Income to S 3,500 Inv. in S 3,500Income to NCI 1,500 NCI in NA 1,500

Sara is a manager at a restaurant with employees from different cultural backgrounds. which action of sara could employees perceive as an act of favoritism?

Richardson hired j.c. flood company, a plumbing contractor, to correct a stoppage in the sewer line of her house. the plumbing company's 'snake' device, used to clear the line leading to the main sewer, became caught in the underground line. to release it, the company excavated a portion of the sewer line in richardson's backyard. in the process, the company discovered numerous leaks in a rusty, defective water pipe that ran parallel with the sewer line. to meet public regulations, the water pipe, of a type no longer approved for such service, had to be replaced either then or later, when the yard would have to be excavated again. the plumbing company proceeded to repair the water pipe. though richardson inspected the company's work daily and did not express any objection to the extra work involved in replacing the water pipe, she refused to pay any part of the total bill after the company completed the entire operation. j.c. flood company then sued richardson for the costs of labor and material it had furnished. (c) for what, if anything, should richardson be liable? explain."

The following information is for alex corp: product x: revenue $12.00 variable cost $4.50 product y: revenue $44.50 variable cost $9.50 total fixed costs $75,000 what is the breakeven point assuming the sales mix consists of two units of product x and one unit of product y?