On January 1, 2020, Pine Inc. acquired 100% of Scree Company. Scree Company reports net income of $12 million in 2021. Scree's net assets were reported at amounts approximating fair value, except for plant assets with fair value $30 million higher than book value. Revalued plant assets have a remaining life of 10 years. Straight-line depreciation and amortization are used. What is Pine Inc.'s equity in net income of Scree Company for 2021

Danielle enjoys working as a certified public accountant (cpa) and assisting small businesses and individuals with managing their finances and taxes. which general area of accounting is her specialty? danielle specialized in

You are the owner of a local honda dealership. unlike other dealerships in the area, you take pride in your “no haggle” sales policy. last year, your dealership earned record profits of $1.5 million. however, according to the local chamber of commerce, your earnings were 10 percent less than either of your competitors. in your market, the price elasticity of demand for midsized honda automobiles is 4.5. in each of the last five years, your dealership has sold more midsized automobiles than any other honda dealership in the nation. this entitled your dealership to an additional 30 percent off the manufacturer’s suggested retail price (msrp) in each year. taking this into account, your marginal cost of a midsized automobile is $11,000. what price should you charge for a midsized automobile if you expect to maintain your record sales?

Zendor company wants to have $200,000 available in august 2021 to make an equipment purchase. to be able to have this amount available, zendor will make equal annual deposits in an investment account earning 12% annually in june 2017, 2018, 2019, 2020, and 2021. what is the dollar amount that must be deposited each of those years to achieve this objective?