A Parent Company owns 100% of its Subsidiary. During 2018, the Parent company reports net income (by itself, without any investment income from its Subsidiary) of $1,850,000 and the subsidiary reports net income of $700,000. The Parent had a bond payable outstanding on July 1, 2018, with a carrying value equal to $930,000. The Subsidiary acquired the bond on July 1, 2018 for $860,000. During 2018, the Parent reported interest expense (related to the bond) of $80,000 while the Subsidiary reported interest income (related to the bond) of $37,000.

What is consolidated net income for the year ended December 31, 2018?

Maker-bot corporation has 10,000 shares of 10%, $90 par value, cumulative preferred stock outstanding since its inception. no dividends were declared in the first two years. if the company pays $400,000 of dividends in the third year, how much will common stockholders receive?

Max fischer is a beekeeper. his annual group insurance costs 11,700. his employer pays 60% of the cost. how much does max pay semimonthly for it?

Nellie lumpkin, who suffered from dementia, was admitted to the picayune convalescent center, a nursing home. because of her mental condition, her daughter, beverly mcdaniel, signed the admissions agreement. it included a clause requiring the par- ties to submit any dispute to arbitration. after lumpkin left the center two years later, she filed a suit against picayune to recover damages for mistreatment and malpractice. [covenant health & rehabilitation of picayune, lp v. lumpkin, 23 so.2d 1092 (miss. app. 2009)] (see page 91.) 1. is it ethical for this dispute—involving negligent medical care, not a breach of a commercial contract—to be forced into arbitration? why or why not? discuss whether medical facilities should be able to impose arbitration when there is generally no bargaining over such terms.