On january 10, acme ventures inc. purchased 30% of the outstanding stock of gamma ray manufacturing corp. the purchase has 30,000 shares at $10 per share. acme received dividends from gamma ray in the amount of $15,000 on june 15 and again on december 15. gamma reported net income for the year ended december 31 in the amount of $250,000. what is the journal entry, if any, that acme needs to make dated december 31

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Walmart’s scm system walmart is famous for its low prices, and you may have experienced its low prices first-hand. at least, you have probably seen its motto, “always low prices— always.” one of the biggest reasons walmart is able to sell at prices lower than almost everyone else is that it has a superefficient supply chain. its it-enabled supply chain management system is the envy of the industry because it drives excess time and unnecessary costs out of the supply chain. so, because walmart can buy low, it sells low. as a matter of fact, if your company wants to sell items to walmart for it to sell in its stores, you will have to do business with it electronically. if your company can’t do that, walmart won’t buy anything from you. log on to walmart’s web site (), search for supplier information, and find out what walmart’s requirements are for its suppliers to do business with it electronically. prepare a brief summary of its requirements for presentation in clas

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