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Sage, Inc. bought 40% of Adams Corp.'s outstanding common stock on January 2, 2010, for $400,000. The carrying amount of Adams' net assets at the purchase date totaled $900,000. Fair values and carrying amounts were the same for all items except for plant and inventory, for which fair values exceeded their carrying amounts by $90,000 and $10,000, respectively. The plant has an eighteen-year life. All inventory was sold during 2010. During 2010, Adams reported net income of $120,000 and paid a $20,000 cash dividend. Assume that Sage uses the equity method to account for this investment.
What amount should Sage report in its income statement from its investment in Adams for the year ended December 31, 2010?
Describe the relationship between the state and the federal government in health care policy formulation and implementation.
Which of the following is Not a characteristic of am effective school? Two of the essential features that characterize quality middle school. Which types of schools tend to gear their curricula toward college prep?
At the end of your class presentation on "Protein-Energy Malnutrition," a student asks you to clarify how the rapid onset of protein-energy malnutrition occurs in kwashiorkor. How should you respond?
Identify at least two techniques you can use to honor and work with diversity in the childcare or academic setting. Describe how you will use each technique in the child-care or classroom setting. Lastly, identify how you feel the technique helps ..
Business Law Class- Choose an article from the wall street journal that relates to law and write about the legal topic you chose and how it ties into what is taking place in the article and use three sources
Arterial blood contains a lot of oxygen and nutrients for the body whereas venous blood contains low oxygen level and nutrients: Describe at least three differences between arteries and veins
During each 6-hour period of the day, the Police Department needs at least the following number of policemen: 12am-6am=12, 6am-12pm=12, 12pm-6pm=4, and 6pm-12am=23. Each policeman has to work two consecutive 12 hours.
How does Russia's climate influence its agriculture and economy? Describe the climate in Russia. Would you want to live there? Why or why not?
how can leaders acquire and lose power within their organization? How is position and personal power defined in your current or in a past employment environment?
Interview a person whom you know to learn about stress and coping. For the interview, ask the following two questions: What are your top three stressors (worries)? How do you cope with your stressors
1.you are tasked to help coordinate with the local police department regarding providing hazmat support to their law
Her response may suggest that she did not fully grasp the information you were providing. Discuss your clinical plan to address compliance issues that might arise for Sarah.
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