Alarge manufacturing firm made two significant acquisitions around the close of 20x6 (assume a calendar fiscal year).

the first was to purchase all the outstanding voting stock of pernod, inc. in december 20x6. the second was to purchase 40% of the outstanding voting stock of weynod, inc. in january 20x7. the manufacturing firm's 20x6 financial statements were issued in february 20x7.

choose the correct statement regarding the accounting for these acquisitions in the 20x6 financial statements of the manufacturing firm.
a. pernod weynod
b. consolidated described in the footnotes only
c. described in the footnotes only described in the footnotes only
d. consolidated apply equity method
e. apply equity method apply equity method

Your uncle borrows $53,000 from the bank at 11 percent interest over the nine-year life of the loan. use appendix d for an approximate answer but calculate your final answer using the formula and financial calculator methods. what equal annual payments must be made to discharge the loan, plus pay the bank its required rate of interest

Yolo windows, a manufacturer of windows for commercial buildings, reports the following account information for last year (all costs are in thousands of dollars): information on january 1 (beginning): direct materials inventory $ 89 work-in-process inventory 111 finished goods inventory 1,620 information for the year: administrative costs $ 3,610 direct labor 12,900 direct materials purchases 8,210 factory and machine depreciation 11,720 factory supervision 774 factory utilities 940 indirect factory labor 2,880 indirect materials and supplies 688 marketing costs 1,480 property taxes on factory 282 sales revenue 45,800 information on december 31 (ending): direct materials inventory $ 94 work-in-process inventory 138 finished goods inventory 1,430 required: prepare an income statement with a supporting cost of goods sold statement. (enter your answers in thousands of dollars (i. e., 234,000 should be entered as

What effect does a rise in income have on demand? increases demand for normal goods decreases demand for normal goods increased prices on goods decreased prices on goods