One type of vertical integration system that develops by acquiring firms at different levels of channel activity is called
A. technical.
B. administered.
C. corporate.
D. traditional.
E. contractual.
Answer: C
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A purchase of foreign goods from the U.S. (requiring importing) will be recorded in the BOP as
A. a debit in the current account. B. a liability in the foreign transfer account. C. an asset in the current account. D. no record, because the purchase is made in the U.S.
In the context of the portfolio matrix, a _____ has low growth potential and a small market share
a. question mark b. problem child c. star d. dog
What does trade dress mean?
What will be an ideal response?
Pell Company acquires 80% of Demers Company for $500,000 on January 1, 2019. Demers reported common stock of $300,000 and retained earnings of $210,000 on that date. Equipment was undervalued by $30,000 and buildings were undervalued by $40,000, each having a 10-year remaining life. Any excess consideration transferred over fair value was attributed to goodwill with an indefinite life. Based on an annual review, goodwill has not been impaired.Demers earns income and pays dividends as follows: 2019 2020 2021Net income$100,000 $120,000 $130,000 Dividends 40,000 50,000 60,000 ??Assume the initial value method is applied.?How much does Pell record as Income from Demers for the year ended December 31, 2019?
A. $74,400. B. $32,000. C. $73,000. D. $42,400. E. $41,000.