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Zeta corporation and its subsidiary reported consolidated net income of $320,000 for the year ended december 31, 20x8. zeta owns 80 percent of the common shares of its subsidiary, acquired at book value. noncontrolling interest was assigned income of $30,000 in the consolidated income statement for 20x8. What is the amount of separate operating income reported by zeta for the year?
in this era of rapidly changing technology research and development rampd expenditures represent one of the most
the setting of standards is critical to the effective use of standards in evaluating performance.explain the following
How do the tax consequences differ for employees and self-employed persons? Indicate the sources of your opinion.
romano corporation allocates administrative costs on the basis of staff hours. short-run monthly usage and anticipated
norman companys income statement for the year ended december 31 2012 contained the following condensed
prepare a cost of production report for the cutting department of tanner carpet company for december 2012. use the
Use the accounting equation to show how Enron abused good accounting. Use a separate accounting equation to demonstrate WorldCom's error.
Parent Corporation acquired 75 percent of Signature Company's voting stock on January 1, 201X, at underlying book value. The fair value of the noncontrolling interest was equal to 25 percent of the book value of Signature at that date. Parent uses th..
The amount of the purchases would probably be about $10,000 per month, and the terms would require National to make payment in full within 30 days. Would you recommend that your company grant credit to National under these terms? Explain the reaso..
explosion company produces one type of product. total fixed costs are 100000. unit variable costs are 6.00. the
Classify the cash flows from these transactions as operating activities (OA), investing activities (IA), or financing activities (FA). Use NA for transactions that do not affect the statement of cash flows.
What are the rational of recognising costs as expenses at the time of project sale? Which are the accounting factors that sometimes keep reported operating results from reflecting the change in the value of a company?
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