A(n) ____________________ value is considered the same as the absence of data
Fill in the blank(s) with correct word
NULL
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The main purpose for making contracts involving minors voidable at the minor's option is:
A) To reduce the amount of litigation in the courts. B) To protect the minor from unscrupulous adults. C) To punish adults for entering into contracts with minors. D) To support the policy of not enforcing gift promises.
Ted has 10 shares of Grand Company. Based on the company's dividend policy, Ted will receive a total of $450 a year in perpetuity. What is the value of each share if the rate of interest is 8 percent?
What will be an ideal response?
Pint Corporation holds 70 percent of Size Company's voting common stock. On January 1, 20X3, Size paid $500,000 to acquire a building with a 10-year expected economic life. Size uses straight-line depreciation for all depreciable assets. On December 31, 20X8, Pint purchased the building from Size for $180,000. Pint reported income, excluding investment income from Size, of $140,000 and $162,000 for 20X8 and 20X9, respectively. Size reported net income of $30,000 and $45,000 for 20X8 and 20X9, respectively.Based on the preceding information, the amount of income assigned to the controlling shareholders in the consolidated income statement for 20X8 will be:
A. $190,000. B. $150,000. C. $175,000. D. $170,000.
____ is the process of physically placing computer equipment on a site and making it operational.
A. Preparation B. Installation C. Placement D. Changeover