In general, consolidated financial statements should be prepared
A) when a corporation owns more than 20% of the common stock of another company
B) when a corporation owns more than 50% of the common stock of another company
C) only when a corporation owns 100% of the common stock of another company
D) whenever the market value of the stock investment is significantly lower than its cost
B
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There is no state action where a court orders enforcement of a private agreement among property owners since the property owners were private individuals
a. True b. False Indicate whether the statement is true or false
The specific cutoff points for each monetary value category depend on the type of purchases and products
a. True b. False
Describe John Rigas, the former CEO of Adelphia
Four dollar a gallon gasoline was unimaginable when mechanical gas pumps first appeared in the United States in the 1930s. Their spinning dials cannot register sales beyond $99.99, which will not fill up many SUVs. The pumps can be modernized for about $650, but the company that provides this service has a huge backlog. This is an example of how _____ factors affect small convenience stores and service stations.
A. technological and cultural B. competitive and natural C. economic and technological D. cultural and economic E. demographic and marketing mix