According to my lecture on case history, it is important to ask about the following information

The primary difference in consolidating a less-than-wholly-owned subsidiary relative to a wholly owned subsidiary is:

Parent Company purchases 100 percent of Son Company on January 1, 20X1, when Parent’s retained earnings balance is $520,000 and Son’s is $150,000. During 20X1, Son reports $15,000 of net income. Parent reports $105,000 of separate operating earnings plus $15,000 of equity-method income from its 100 percent interest in Son; Parent declares dividends of $40,000.  Based on the preceding information, what is Parent’s post-closing retained earnings balance on December 31, 20X1?

Find the appropriate word  and  conjugate it accordingly for the blank and choose the correct one.          유행하다            고르다           높다                        요즘 ____________________ 옷이 뭐예요?

Match Group owns many dating apps including Match.com, Tinder, Hinge, and OkCupid. One of Match Group’s apps has low market share in a high-growth market. According to the BCG matrix, the app should be classified as a _________________.

The lecture talked about six main benefits of market research. Which is NOT one of the benefits mentioned in the lecture?

If the fair market value of consideration given exceeds the fair market value of net assets, then the parent will recognize:

On January 3, 20X5, Pleat Company acquired 80 percent of Stitch Corporation’s common stock for $344,000 in cash. At the acquisition date, the book values and fair values of Stitch’s assets and liabilities were equal, and the fair value of the noncontrolling interest was equal to 20 percent of the total book value of Stitch. The stockholders’ equity accounts of the two companies at the acquisition date are:   Pleat Stitch Common Stock ($5 par value) $ 500,000 $ 200,000 Additional Paid-In Capital 300,000 80,000 Retained Earnings 350,000 150,000 Total Stockholders’ Equity $ 1,150,000 $ 430,000 Noncontrolling interest was assigned income of $11,000 in Pleat’s consolidated income statement for 20X5. Based on the preceding information, what is the total stockholders’ equity in the consolidated balance sheet as of January 3, 20X5?  

Toby is launching a new fitness app that uses 3D tech to measure progress. He’s done a 5Cs analysis and has a lot of information that he plans to use to drive the marketing strategy, but he’s trying to identify the insight that he can use to catapult his business. Which of the below statements is most likely an insight instead of a fact or understanding?

If Push Company owned 55 percent of the outstanding common stock of Shove Company, which method would be appropriate for financial reporting purposes?