Firms that outsource must take precautions to protect_____, regardless of where it is stored or processed or who handles it
Fill in the blank(s) with correct word
private data
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On April 1, 2018, GMR Company purchased 30% of the outstanding voting stock of the Victory Corporation for $960,000. Victory's net assets on April 1, 2018 totaled $2,500,000. Victory's equipment was undervalued by $500,000 and its inventory was undervalued by $200,000 as of the date of purchase. The equipment has a ten-year remaining life as of April 1, 2018; the inventory was sold during 2018. Victory reported $450,000 of net income during 2018 and paid dividends of $75,000. Assume that net income was recognized evenly during 2018 and dividends were declared and paid evenly during 2018. Required:
Prepare a schedule to determine the amount of investment income to be reported by GMR during 2018 assuming that the equity method of accounting is applicable. Prepare a schedule to determine the balance in the investment account as of December 31, 2018 assuming that the equity method is applicable. Describe how the financial accounting and reporting would have differed if the equity method was not applicable. Describe how equity method investments are accounted for if GMR uses the fair value option of accounting for its investment. What will be an ideal response?
Strikes are illegal in most states for which class of workers?
A. members of industrial unions B. members of the AFL-CIO C. union stewards D. federal and state workers E. members of craft unions
Although active voice is usually preferred over passive in business writing, its main advantage is that it is ______.
A. diplomatic B. shorter C. direct D. emphatic
Which court created market share theory in the 1980 case Sindell v. Abbott Laboratories?
A) the U.S. Court of Appeals for the Ninth Circuit B) the U.S. Supreme Court C) the North Carolina Court of Appeals D) the California Supreme Court