The ________ Principle states that a dollar today is worth more than a dollar in the future
A) Future value of money
B) Discounted value of money
C) Adjusted value of money
D) Time value of money
E) Annuity value of money
Answer: D
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The Collins Company paid $1,050,000 to acquire 70% of Revsine Company's outstanding common stock on July 1, 2018. Revsine's balance sheet on the acquisition date reported net assets totaling $1,200,000. Revsine's land had a fair value which was $175,000 greater than book value, while the inventory's fair value exceeded its book value by $67,500. Immediately after the acquisition of the Revsine stock, Collins reported net assets of $5,785,000.Required: Determine the consolidated net assets total as of July 1, 2018. Determine the amount of noncontrolling interest to be reported on the July 1, 2018 balance sheet. How is the noncontrolling interest reported within the consolidated balance sheet? Assume that the acquisition method of accounting is applicable.
What will be an ideal response?
Practically every brand of soft drink ever made is available at Mom's Soda Shop; regional beverages from around the world can be purchased at the retailer's Web site
The retailer targets people who have developed a fondness for a particular soft drink and can no longer find it. The retailer's ________ is all types of soft drinks. A) branding strategy B) product objective C) positioning strategy D) marketing mix E) product mix
Which of the following is an estimate made without detailed knowledge of a project?
A) AFFINITY B) QMT C) AHE D) DE
A call feature on bonds allows the issuer to buy back the bonds from investors before the maturity date
Indicate whether the statement is true or false.