Which of the following best describes cash flow from financing activities?
A) Interest expense, minus dividends paid
B) Increase (or minus decrease) in stock, plus increase (or minus decrease) in debt, minus
interest paid, minus dividends paid
C) Interest income, plus dividend income, minus taxes
D) Interest paid, plus dividends paid, plus increase (or minus decrease) in stock, plus increase
(or minus decrease) in debt
B
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One’s skills, beliefs, and attitudes are likely to be ______ as time (5–10 years) has passed.
a. different b. the same c. stagnant d. identical
Which of the following is the idea trigger for the magnify cue of the SCAMPER tool?
A. The factor that can be used to make a product different from that of competitors' products B. The separate products, services, or whole businesses that can be put together to create another distinct business C. The products or services that can be imitated from other industries or fields D. The opportunities that come as a result of replacing things that already exist
The maximum amount that the insurer agrees to pay in case of a loss is known as the _____
A) face B) insurable risk C) premium D) policy
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 equity method is applied.?Compute the noncontrolling interest in Demers at December 31, 2019.
A. $118,600. B. $100,000. C. $137,000. D. $135,600. E. $112,000.