If a subsidiary re-acquires its outstanding shares from outside ownership for more than the noncontrolling interest valuation basis at the date of buying such treasury stock, which of the following statements is true?
A. Treasury stock on the parent's books will increase.
B. No adjustment is necessary.
C. Treasury stock on the parent's books will decrease.
D. Additional paid-in capital on the parent company's books will decrease.
E. Investment in subsidiary will increase.
Answer: D
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In May of 2018, Jones went to C & C Bank to apply for a loan on a home he wanted to purchase. C & C Bank loaned the money to Jones because he had excellent credit. C & C never inspected the property Jones was purchasing. Two weeks later, five rusty and leaking 55-gallon drums of a toxic substance were found buried in a creekbed in Jones' backyard. Jones and the Bank's position with regard to
liability for cleanup on the property would be: A) liability would be imposed by CERCLA as strict liability for owners of contaminated property even if they acquired the property without knowledge of contamination. B) they would not be liable because they were innocent landowners as provided for in SARA, and they would have an automatic defense. C) that, if the Bank and Jones made an appropriate inquiry into the previous ownership and uses of the property before purchase, they may not be liable. D) if it could be proven that neither Jones nor the bank unlawfully disposed of the toxic waste, they could not be found liable under CERCLA.
Factoring is the process of selling accounts receivable to another firm at
A) the prime lending rate. B) a premium above the original sales price. C) a price equal to the sales price. D) a discount off of the original sales price.
When products differ in batch size and complexity, they usually consume different amounts of ________.
What will be an ideal response?
Answer the following statement(s) true (T) or false (F)
1. Generalist jobs have HR people working in specific disciplines in HR. 2. Strategy and strategic planning are more important today than ever, due to increased competition. 3. A vision statement is plenty. Most organizations don't need a mission statement because it is redundant. 4. A Broad Differentiation strategy attempts to create an impression of difference for a company's products or services in the mind of their customers. 5. If an organization follows a Cost Leadership strategy, they will likely have broad job classifications and use incentive programs to reward innovation and creativity.