On january 1, 20x8, parent company acquired 90 percent ownership of subsidiary corporation, at underlying book value. the fair value of the noncontrolling interest at the date of acquisition was equal to 10 percent of the book value of subsidiary corporation. on mar 17, 20x8, subsidiary purchased inventory from parent for $90,000. subsidiary sold the entire inventory to an unaffiliated company for $120,000 on november 21, 20x8. parent had produced the inventory sold to subsidiary for $62,000. the companies had no other transactions during 20x8.required informationbased on the information given above, what amount of sales will be reported in the 20x8 consolidated income statement? $62,000$120,000$90,000$58,000

In return for their with optimizing his painting project, the castle servant informed poly and digit that he saw someone dressed as the king leaving behind a trail of crumbs as he walked into the jester's room late last night. poly and digit have finally found the crisp-collecting culprit — it turns out the jester's shoe size and hair color match the clues that were found! in gratitude, poly and digit agree to the servant with his current task of replacing all of the tables and chairs in the castle. his goal is to determine which furniture company should produce the new furniture. he receives information from a company that customizes elegant furniture, and he wants to analyze the company's production process in order to calculate some problems about cost and availability. read the following scenario, and assist poly and digit as they the servant with his calculations. the fit for a king furniture company requires 2020 hours of labor to produce a standard table, and a chair requires 1212 hours of labor. the labor available is 565565 hours per week. the company can produce at most 3535 chairs per week.

Sam and diane are completing their federal income taxes for the year and have identified the amounts listed here. how much can they rightfully deduct? • agi: $80,000 • medical and dental expenses: $9,000 • state income taxes: $3,500 • mortgage interest: $9,500 • charitable contributions: $1,000.

Utilization will always be lower than efficiency because: a. effective capacity is greater than design capacityb. expected output is less than actual output. c. effective capacity equals design capacity. d. effective capacity is less than design capacity. e. expected output is less than rated capacity.