Merckle Corporation owns 40 percent of the voting stock of Grant Corporation and accounts for the investment using the equity method; Grant Corporation reports a net loss of $30,000. Merckle Corporation's entry to record the share of loss is:
A) Loss, Grant Corporation Investment 12,000Investment in Grant Corporation 12,000
B) Investment in Grant Corporation 12,000Loss, Grant Corporation Investment 12,000
C) Investment in Grant Corporation 30,000Cash 30,000
D) Investment in Grant Corporation 12,000Cash 12,000
A
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Demand is forecast for the next five months as 200, 300, 500, 300, 200. The production planner decides to adopt a chase strategy, so over the next five months they should produce
A) 200, 300, 500, 300, 200. B) 500, 400, 300, 200, 100. C) 100, 200, 300, 400, 500. D) 300, 300, 300, 300, 300.
What is a memo? Name two types of situations where you would send a memo rather than an e-mail message?
What will be an ideal response?
The Constitution sets out the authority and the limits of the branches of the government. The term checks and balances means that A) ?Congress writes checks and the other branches balance the budget
B) ?each branch has some power to limit the actions of the others. C) the courts balance their authority to the other branches' checklists.? D) ?the president "checks" the courts, which "balance" the laws.
According to your text, the biggest change in litigation in the last decade has been A) an explosive rise of electronic discovery
B) a decrease in the use of discovery. C) the replacement of interrogatories with depositions. D) the use of juries in appellate courts.