Pare, inc. purchased 10% of tot co.'s 100,000 outstanding shares of common stock on january 2, 1992, for $50,000. on december 31, 1992, pare purchased an additional 20,000 shares of tot for $150,000. there was no goodwill as a result of either acquisition, and tot had not issued any additional stock during 1992. tot reported earnings of $300,000 for 1992. what amount should pare report in its december 31, 1992, balance sheet as investment in tot?

Diversified semiconductors sells perishable electronic components. some must be shipped and stored in reusable protective containers. customers pay a deposit for each container received. the deposit is equal to the container’s cost. they receive a refund when the container is returned. during 2018, deposits collected on containers shipped were $856,000. deposits are forfeited if containers are not returned within 18 months. containers held by customers at january 1, 2018, represented deposits of $587,000. in 2018, $811,000 was refunded and deposits forfeited were $41,000. required: 1. prepare the appropriate journal entries for the deposits received and returned during 2018. 2. determine the liability for refundable deposits to be reported on the december 31, 2018, balance sheet.

Most states have licensing registration requirements for child care centers and family daycare homes. these usually include minimum standard for operation. which of the following would you most likely find required in a statement of state licensing standards for child care centers?

Which feature is a characteristic of a corporation?