Which of the following is NOT a change in reporting entity?
a. A company acquires a subsidiary that is to be accounted for as a purchase.
b. A company presents consolidated or combined statements in place of statements of individual companies.
c. A company changes the companies included in combined financial statements.
d. A company changes the subsidiaries for which consolidated statements are presented.
A
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Dealer's spread refers to the _____.?
A. ?the sum of the bid and asked prices of a security and represents the dealer's revenue from the transaction B. ?the sum of the bid and asked prices of a security and represents the dealer's markup, or profit C. ?the difference between the bid and asked prices of a security and represents the dealer's markup, or profit D. ?the difference between the bid and asked prices of a security and represents the dealer's revenue from the transaction E. ?the ratio of the bid price of a security to its asked price and represents the dealer's markup, or profit
Purchase of Assets. MRS Manufacturing, Inc, manufactured tractors, which it sold to Glades Equipment, Inc Glades Equipment sold one of the tractors to the U.S. Sugar Corp Later, Glade and Grove Supply, Inc, bought the Glades Equipment dealership under a contract that stated the sale covered only such property "as