What does the following statement do?
a) It assigns the TDC control named #Colors to a span element for display purposes.
b) It assigns the TDC control named Colors to a span element for the purpose of controlling the recordset object.
c) It assigns the TDC control named Colors to a span element for display purposes.
d) It assigns the SPAN element to the #Colors TDC in order to access the recordset object.
Ans: (c)
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Mendes Company sells merchandise to customers. Mendes should normally recognize
a. Revenue and the related expenses in the same accounting period as earned whether payment is received or not b. Revenue when the cash is collected and the expenses when Mendes pays its creditor for the merchandise c. Revenue and expenses after all payments are collected d. Expenses in the period the merchandise is sold and defer revenue until the customer pays for the merchandise
Firms that disingenuously market products or services as environmentally friendly, with the goal of gaining public approval and sales rather than actually improving the environment, are engaging in greenwashing.
Answer the following statement true (T) or false (F)
As randomly selected securities are combined to create a portfolio, the ________ risk of the portfolio decreases until 10 to 20 securities are included. The portion of the risk eliminated is ________ risk, while that remaining is ________ risk
A) diversifiable; nondiversifiable; total B) relevant; irrelevant; total C) total; diversifiable; nondiversifiable D) total; nondiversifiable; diversifiable
On January 1, 20X9, A Company acquired 85 percent of B Company's voting common stock for $425,000. At that date, the fair value of the noncontrolling interest of B Company was $75,000. Immediately after A Company acquired its ownership, B Company acquired 75 percent of C Company's stock for $150,000. The fair value of the noncontrolling interest of C Company was $50,000 at that date. At January 1, 20X9, the stockholders' equity sections of the balance sheets of the companies were as follows: A Company B Company C CompanyCommon Stock $400,000 $200,000 $50,000 Additional Paid-In Capital 100,000 120,000 50,000 Retained Earnings 500,000 180,000 100,000 Total Stockholders' Equity $1,000,000 $500,000 $200,000 During 20X9, A Company reported
operating income of $175,000 and paid dividends of $50,000. B Company reported operating income of $125,000 and paid dividends of $40,000. C Company reported net income of $100,000 and paid dividends of $25,000.Based on the information provided, what amount of income will be assigned to the noncontrolling interest in the consolidated income statement for 20X9? A. $25,000 B. $30,000 C. $55,000 D. $43,750