Following are several figures reported for Allister and Barone as of December 31, 2018: Allister Barone Inventory $ 520,000 $ 320,000 Sales 1,040,000 840,000 Investment income not given Cost of goods sold 520,000 420,000 Operating expenses 240,000 310,000 Allister acquired 80 percent of Barone in January 2017. In allocating the newly acquired subsidiary's fair value at the acquisition date, Allister noted that Barone had developed a customer list worth $60,000 that was unrecorded on its accounting records and had a 6-year remaining life. Any remaining excess fair value over Barone's book value was attributed to goodwill. During 2018, Barone sells inventory costing $132,000 to Allister for $184,000. Of this amount, 20 percent remains unsold in Allister's warehouse at year-end. Determine balances for the following items that would appear on Allister's consolidated financial statements for 2018: Amounts Inventory Sales Cost of goods sold Operating expenses Net income attributable to noncontrolling interest

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Answer 1

Answer:

Explanation:

Is their any answers?


Related Questions

Scenario 1
A family on a five-day cruise to the Bahamas books a snorkeling trip during one of the days the ship is docked at the island of Nassau. But the day of their excursion, the weather is pretty bad. The company running the excursion—which is endorsed by the cruise line—won’t give them a refund, though, and says the trip goes “rain or shine.” Feeling that the trip would not be safe for their children, the family decides not to go but heads immediately to the cruise guest services department to complain.

What are the facts?

How does the guest feel?

How would you acknowledge the guest’s feelings?

What would be your solution?

How would you follow up with the guest?

Answers

What are the facts?

The family paid for a trip, the policy states that the trip goes no matter the weather, the family does not find the conditions to satisfy their safety requirement, they are complaining and would like a refund on that excursion.

How does the guest feel?

They are upset, and hope to receive re-compensation for their failed excursion.

How would you acknowledge the guest’s feelings?

State that you understand what they are going through, that you are trying to accommodate for the current situation, and are looking to resolve the problem with all parties in a reasonable matter.

What would be your solution?

The solution would be to provide a service on the cruise that they had previously not opted for of similar price. Due to the fact that the company running the excursion is not part of the cruise line, but has been endorsed by us, our responsibility is not to refund but to offer alternatives to the unfortunate event.

How would you follow up with the guest?

I would check-on on the guests and see how they are enjoying their stay, offering complimentary items to relax them and prevent further escalation.

Using the Porter model, which generic business-level strategy is Nordstrom pursuing? What evidence supports your answer?

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Not enough info to fully answer

Section 11 of the 1933 Act provides civil liabilities for damages when a 1933 Act registration statement on its effective date misstates or omits a material fact. True False

Answers

Answer:

false

Explanation:

because A provision of the Securities Act that imposes civil liability on any person who violates the provisions of Section 5 of the act.

Heavy Metal Corporation is expected to generate the following free cash flows over the next five​ years: LOADING.... ​Thereafter, the free cash flows are expected to grow at the industry average of per year. Using the discounted free cash flow model and a weighted average cost of capital of ​: a. Estimate the enterprise value of Heavy Metal. b. If Heavy Metal has no excess​ cash, debt of ​million, and million shares​ outstanding, estimate its share price.

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Answer:

Heavy Metal Corporation is expected to generate the following free cash flows over the next five years: (Click on the following icon in order to copy its contents into a spreadsheet.) 2 3 Year FCF (5 million) 53. 6 66.2 78. 6 4 75. 3 . 5 82.5 After that, the free cash flows are expected to grow at the industry average of 4.4% per year. Using the discounted free cash flow model and a weighted average cost of capital of 13.6% a. Estimate the enterprise value of Heavy Metal. b. If Heavy Metal has no excess cash, debt of $288 million, and 42 million shares outstanding, estimate its share price. a. Estimate the enterprise value of Heavy Metal The enterprise value will be $ million. (Round to two decimal places.) b. If Heavy Metal has no excess cash, debt of $288 million, and 42 million shares outstanding, estimate its share price. price. The stock price per share will be $ (Round to two decimal places.)

Explanation:

Suppose you invested $93 in the Ishares High Yield Fund (HYG) a month ago. It paid a dividend of $0.53 today and then you sold it for $94. What was your dividend yield and capital gains yield on the investment

Answers

The dividend yield and capital gains yield on the investment are: 0.57%, 1.08%.

a. Dividend yield

Dividend yield = Dividend/Amount invested

Dividend yield =$0.53 / $94

Dividend yield= 0.57%

b. Capital gain yield

First step is to calculate the capital gain

Capital gain= $94 - $93

Capital gain= $1

Second step is to calculate the capital gains yield

Capital gains yield=Capital gain/Amount invested

Capital gains yield=$1 / $93

Capital gains yield= 1.08%

Inconclusion the dividend yield and capital gains yield on the investment are: 0.57%, 1.08%.

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The Gantt chart , which is a type of bar chart that illustrates a project schedule , as developed around the years

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Are you asking or are you making a statement? I’m trying to figure this out as well

Nvidia Where could your company achieve cost reductions in disposal of scrap, surplus, and/or obsolete materials? Give an example

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Answer:

None of your business, you're just a peasant who buys my products and you will keep buying 'cause I have monopoly. Peasants have no saying in multi-milion dollar business cost decisions or anything for that matter.

Explanation:

don't take it seriously and I'm not from nvidia just in case they try to sue me

In order to be successful, P&G relies on its relationship with Walmart to stock its products and Walmart relies on its relationship with P&G to increase sales. This best exemplifies which factor of successful strategic relationships?

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Strategic relationship is very important in any partnership. This best exemplifies the interdependence factor of successful strategic relationships.

The strategic relationship between Walmart and Procter & Gamble is based on interdependence because both firms knows that investments in supply chain management will bring about more savings for consumers.

The  factors that is affecting alliance success are known to be a good relationship with the partner, mutual trust, a minimum commitment between the parties, and having a clear objectives and strategy.

Interdependence is simply known as a balance of self and others within the relationship, known fully well that both partners are working to be present and meet each other's physical and emotional needs in the right ways.

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________ are information systems designed to support the planning and the implementation process across the entire organization.

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The information systems that is been designed so that it can offer support to planning as well as the implementation process as regards an organization is Business Management Systems.

Business Management Systems can be regarded as a system that is very crucial in an organizational settings, especially in the planning and implementation stage.

It help to improve the efficiency as well as performance of the organization.

Therefore, Business Management Systems is the correct.

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Although Alexander Hamilton developed policies to promote industry at the beginning of the American republic's history, it was not until _______________, that the federal government began playing a central role in promoting economic growth.

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It was not until twentieth century that the that the federal government began playing a central role in promoting economic growth.

Alexander Hamilton is regarded as one of U.S. Founding Father, author of the Federalist papers and first secretary of the U.S. treasury.

Some of Alexander Hamilton ideas created the National Bank, founded the U.S. Mint and created a system to levy taxes on luxury products.

Alexander Hamilton developed economic policies to promote industry at the beginning of the American republic's history but it was not until twentieth century that the that the federal government began playing a central role in promoting economic growth.

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☆free answer☆

A tax added to the cost of an item bought at a store is a(n).

A. income tax
B. sales tax
C. credit tax
D. property tax

Answer: B. sales tax

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B sales tax (thanks for the free answer)

Answer:

sales tax thank you for free anwser

Aliyah made a payment in the amount of $47. 93. She’ll use the check register to record her transaction. What will be her new balance?.

Answers

Getting points so I don’t know

Answer: 1295.02

:)

Explanation:

The employees at a nonprofit are always looking for ways to improve facilities and benefits for the impoverished children they care for. They then implement those ideas to improve performance. This is an example of

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The situation described about a non-profit foundation is an example of continuous learning.

Continuous learning is a term that refers to an organizational strategy that consists of providing the opportunity to improve the skills and talents of the members of an organization to improve aspects related to the organization.

According to the above, the situation of the non-profit foundation is an example of continuous learning because the employees are constantly investigating to improve the facilities and the benefits that can be provided to the children they care for.

Note: This question is incomplete because the options are missing. Here are the options.

Brand alignmentContinuous learningEmployee engagementPerformance managementExpert systems

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Mediating trade disputes among nations and overseeing cross-border trade issues and global business practices are functions of:

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The body that has been tasked with the roles described above is none other than the World Trade Organization.

The World Trade Organization:

Works to increase the ease of international trade Oversees international trade and negotiates amongst countries over trade disputes Pushes for the reduction of trade barriers

The World Trade Organization has done a lot of work to try to improve international trade because they believe it is beneficial to humanity.

In conclusion, the roles described are that of the World Trade Organization.

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what term is used to describe the outsourcing of logistics?

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Answer:

Third-party Logistics is the term used to describe outsourcing of logistics.

Explanation:

True or false: In order to avoid price wars, firms sometimes adjust their prices only when firms that offer similar products or services do the same.

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Answer:True

Explanation: when firms make price changes carefully and only if others follow their lead, it can help prevent a price war.

Which elements of retail strategy would be most important for a company that has just decided to construct a brick-and-mortar storefront

Answers

The elements of retail strategy which would be most important for a company that has just decided to construct a brick-and-mortar storefront is the:

Place

According to the given question, we are asked to state the elements of retail strategy which would be most important for a company that has just decided to construct a brick-and-mortar storefront.

As a result of this, we can see that the retail strategy which is the most important for the company is to make use of Place because the brick and mortar storefront has to do with the physical presence of a business and would be important for visibility of the store.

Therefore, the correct answer is Price

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donna is a hotel revenue manager preparing next year’s rooms forecast. donna knows that in november of next year a new hotel is opening near her own. as a result, she is considering reducing her rooms forecast for that month. if she does so, what data type will she be primarily using to make her decision?

Answers

Donna will definitely need Future data to facilitate her decision making.

Future data does not connote its name, but rather, it is a kind of data which seems to predict something that might or not affect one in future.

Future data allows for predictive analysis, forecasting and enables companies to drive innovation.

Therefore, the type of data that will need to facilitate her decision making is called Future data.

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__________ companies, though they operate online today, originated as brick-and-mortar stores in the traditional marketplace.

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Based on the historical perspective of business, it is believed that Legacy companies, though they operate online today, originated as brick-and-mortar stores in the traditional marketplace.

This is because a Legacy company is characterized by its establishment time, which is from the previous generation, and is currently using inherited components, instruments, policies, and assets of earlier periods.

Some of the examples of Legacy Companies include the likes of Banking firms that still use legacy systems.

Or IBM who still operates on old closed source systems.

Hence, in this case, it is concluded that the correct answer is Legacy.

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A ________ is an individual who pays a lump sum plus a royalty on all sales to a specific company in return for the right to operate a business in a specific location.

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A Franchisee is an individual who pays a lump sum plus a royalty on all

sales to a specific company in return for the right to operate a business in a

specific location.

A franchisee is an individual who is giving the right to sell its products under

particular company name . The franchisee pays the company a certain

percentage of sales as royalty.

The targeted companies are usually those who have a very high brand

equity and customer base .They have been able to sustain and thrive in the

economy over a long period of  years

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Because chains are so important in the lodging sector, there's little room for smaller companies like bed-and-breakfasts. true false

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Answer:

True

Explanation:

in which theory do managers set goals for employees?

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“SMART” theory is (specific) (measurable ) (aggressive) (realistic) and (time bound)

Which of the following statements best explains why the Racketeer Influenced and
Corrupt Organization (RICO) Act (Title IX of the Organized Crime Control Act) is the
most effective measure against any type of organized crime?

Answers

The Racketeer Influenced and Corrupt Organization (RICO) Act is a Federal law in the United States that provides extended criminal penalties for the acts that were performed as being part of an ongoing criminal organization.

The question is incomplete as you didn't provide the options. Therefore, an overview of Racketeer Influenced and Corrupt Organization (RICO) Act will be given. The Racketeer Influenced and Corrupt Organization (RICO) Act was a statute of the organized crime control act of 1970.

The main aim of the organization was to prohibit the use of proceeds that were gotten from criminal operations to be used to acquire legitimate operations.

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Lemuel applies for a job at a local construction company that is located in a state that does not have right-to-work laws. He is told that he must join the employee union at the company before he can be hired. This employer has a(n) _____.

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The name which is given to the situation where Lemuel has to  join the employee union at the company before he can be hired in a state that does not have right-to-work laws is:

Closed shop

According to the given question, we are asked to state the name which is given to the situation where Lemuel has to  join the employee union at the company before he can be hired in a state that does not have right-to-work laws.

As a result of this, we can see that Lemuel has to join an employee union before he can be hired, even though he s qualified, this is because the employer has a closed shop which employs only union members

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Explain why financial management is an important aspect of a successful business .

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Helps in improving the profitability of organisations; Increases the overall value of the firms or organisations; Provides economic stability; Encourages employees to save money, which helps them in personal financial planning.:

Can I get a free account

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Dudbebdbdbdn indeed de

When using the direct method, why is a decrease in Accounts Receivable added to Sales Revenue when computing cash collected from customers

Answers

The work in the accounts receivable and sales accounts is often used to know the cash collections from customers. When using the direct method, Accounts receivable often decreases when the company received more cash from its customers than credit sales made by the company.

Accounts receivable change is simply known as the increase in accounts receivable as it affects cash flow while a decrease helps cash flow.

The accounts receivable asset tells how much money customers who bought some products on credit still owe the business.

The direct method for preparing the statement of cash flows reports  is the cash received and cash paid from operating activities.

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Evaluating a website's _____________ involves determining the date the article was placed on the web or revised.

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Determination of the date that particular article is been placed on a particular website can be termed website Objectivity.

Objectivity can be regarded as a way to check or determine an information is presented in a fair and balanced way or it is not.

For someone to determine the objectivity of a website the purpose of the website must be known first.

Therefore, website objectivity is the correct term.

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what adjustment is required for bad debt expense when the estime of uncollectible receivables is 4948 and the allowance for doubtful accounts has a credit balance of 842

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Answer:

Bad Debts Expense is an income statement account while the latter is a balance sheet account.

Explanation: that's what i believe the answer is.

a ________ leader is one who focuses on providing increased service to others.

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According to leadership management, a servant leader focuses on providing increased service to others.

This is because a servant leader is someone who ensures there is available provision for his followers.

He ensures and assists his team in meeting their target that will benefit both the group and organization as a whole.

Hence, in this case, it is concluded that the correct answer is "Servant leader."

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