Price discrimination is legal when a ________
A) manufacturer and reseller have agreed upon a specified retail price for a product
B) manufacturer sells to retailers in different markets
C) seller can prove its costs are different when selling to different retailers
D) seller advertises prices that are not actually available to consumers
E) seller has not communicated with competitors before announcing prices
C
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Most banks now make automated teller machines (ATMs) available at all times to depositors for making deposits and withdrawals
Indicate whether the statement is true or false
Which one of the following is NOT a measure that management can use in evaluating and controlling investment center performance?
A) Rate of return on investment B) Negotiated price C) Residual income D) Income from operations
What is the traditional view of conflict?
What will be an ideal response?
Pell Company acquires 80% of Demers Company for $500,000 on January 1, 2019. Demers reported common stock of $300,000 and retained earnings of $210,000 on that date. Equipment was undervalued by $30,000 and buildings were undervalued by $40,000, each having a 10-year remaining life. Any excess consideration transferred over fair value was attributed to goodwill with an indefinite life. Based on an annual review, goodwill has not been impaired.Demers earns income and pays dividends as follows: 2019 2020 2021Net income$100,000 $120,000 $130,000 Dividends 40,000 50,000 60,000 ??Assume the initial value method is applied.?Compute the noncontrolling interest in Demers at December 31, 2020.
A. $126,000. B. $148,200. C. $109,200. D. $149,600. E. $106,000.