If a new partner is given a 20% interest in the firm, the new partner will receive a 20% interest in earnings
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following is true regarding credibility and culture?
a. Every culture values an emotional speaker. b. All cultures value an expressive speaker. c. Age is respected regardless of culture. d. Being of the same cultural background as your audience gives you an advantage.
The actual location of a new system needs to be prepared in a process called ____ preparation.
A. site B. locale C. situation D. area
Independent demand:
a. can be calculated. b. is related to other stock-keeping units (SKUs). c. is also called finished-goods inventory. d. needs to be forecasted.
The amount of non-controlling interest in Jay's 2019 Consolidated Net Income would be:
Jay Inc. owns 80% of Tesla Inc. and uses the cost method to account for its investment. The 2019 income statements of both companies are shown below.
On January 1, 2019, Tesla sold equipment to Jay at a profit of $3,000. The equipment had a remaining useful life of twenty years on that date. Both companies are subject to an effective tax rate of 40%.
A) Nil. B) $1,458. C) $1,818. D) $1,800.