subject
Business, 13.08.2019 00:30 elizabethajih99

Angela, inc., holds a 90 percent interest in corby company. during 2017, corby sold inventory costing $77,000 to angela for $110,000. of this inventory, $40,000 worth was not sold to outsiders until 2018. during 2018, corby sold inventory costing $72,000 to angela for $120,000. a total of $50,000 of this inventory was not sold to outsiders until 2019. in 2018, angela reported separate net income of $150,000 while corby's net income was $90,000 after excess amortizations. what is the noncontrolling interest in the 2018 income of the subsidiary

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 16:00, christian2510
Match each feature with the savings account type
Answers: 3
image
Business, 21.06.2019 18:30, raquelwilliams6912
What’s the best type of healthcare plan
Answers: 1
image
Business, 22.06.2019 08:20, ethannila
Which change is illustrated by the shift taking place on this graph? a decrease in supply an increase in supply o an increase in demand o a decrease in demand
Answers: 3
image
Business, 22.06.2019 08:40, Sk8terkaylee
Calculate the cost of each capital component—in other words, the after-tax cost of debt, the cost of preferred stock (including flotation costs), and the cost of equity (ignoring flotation costs). use both the capm method and the dividend growth approach to find the cost of equity. calculate the cost of new stock using the dividend growth approach. what is the cost of new common stock based on the capm? (hint: find the difference between re and rs as determined by the dividend growth approach and then add that difference to the capm value for rs.)assuming that gao will not issue new equity and will continue to use the same target capital structure, what is the company’s wacc? e. suppose gao is evaluating three projects with the following characteristics. each project has a cost of $1 million. they will all be financed using the target mix of long-term debt, preferred stock, and common equity. the cost of the common equity for each project should be based on the beta estimated for the project. all equity will come from reinvested earnings. equity invested in project a would have a beta of 0.5 and an expected return of 9.0%.equity invested in project b would have a beta of 1.0 and an expected return of 10.0%.equity invested in project c would have a beta of 2.0 and an expected return of 11.0%.analyze the company’s situation, and explain why each project should be accepted or rejected g
Answers: 1
You know the right answer?
Angela, inc., holds a 90 percent interest in corby company. during 2017, corby sold inventory costin...

Questions in other subjects:

Konu
English, 16.04.2021 14:00
Konu
Mathematics, 16.04.2021 14:00