An example of authority ranking as a form of relationship would include
A. fraternal organizations.
B. auto salesperson and buyer.
C. soldiers and their commander.
D. college roommates.
Answer: C
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When borrowing from friends and family, the entrepreneur should avoid putting agreements in writing to avoid future disagreements.
Answer the following statement true (T) or false (F)
The four types of innovation are
a. invention, extension, synthesis, and duplication. b. extension, retention, analysis, and duplication. c. synthesis, extension, retention, and analysis. d. analysis, synthesis, duplication, and retention.
When using 95% confidence intervals for a population mean ________
A) from 100 sample-based intervals, there would be 95 different sample means B) 95% of any number of sample-based intervals will contain the population mean C) not more than 5% of the confidence intervals should be sampled D) of 100 sample-based intervals, 95 would contain the true population mean
How much is the non-controlling interest in A Inc.'s Consolidated Net Income for 2018?
A Inc.:
A Inc. owns 75% of J Inc. and 60% of G Inc.
J Inc.:
J Inc. owns 60% of D Inc. and 20% of G Inc.
G Inc.:
G Inc. owns 10% of D Inc. and 80% of Y Inc.
All intercompany investments are accounted for using the equity method.
The Net Incomes for these companies for the year ended December 31, 2018 were as follows:
Unrealized intercompany profits (pre-tax) earned by the various companies for the year ended December 31, 2018 are shown below:
All companies are subject to a 25% tax rate.
A) $382,500. B) Nil. C) $400,000. D) $373,875.