Which of the following is the most logical example of complementary products?
A. Honda cars and Toyota cars
B. VCRs and DVD players
C. hot dogs and hamburgers
D. hot dogs and hot dog buns
E. a university and a corporation
Answer: D
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Explain the Golden Mean.
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a. True b. False
Which of the below is NOT a major component of interest rates?
A) Real rate B) Inflation premium C) Historical interest rates D) Default premium
Stark Company, a 90% owned subsidiary of Parker, Inc., sold land to Parker on May 1, 2017, for $80,000. The land originally cost Stark $85,000. Stark reported net income of $200,000, $180,000, and $220,000 for 2017, 2018, and 2019, respectively. Parker sold the land purchased from Stark in 2017 for $92,000 in 2019. Both companies use the equity method of accounting.Assuming there are no excess amortizations or other intra-entity transactions, compute income from Stark reported on Parker's books for 2017.
A. $175,500. B. $200,000. C. $184,500. D. $180,000. E. $205,000.