Parrett corp. acquired one hundred percent of jones inc. on january 1, 2016, at a price in excess of the subsidiary's fair value. on that date, parrett's equipment (ten-year life) had a book value of $360,000 but a fair value of $480,000. jones had equipment (ten-year life) with a book value of $240,000 and a fair value of $350,000. parrett used the partial equity method to record its investment in jones. on december 31, 2018, parrett had equipment with a book value of $250,000 and a fair value of $400,000. jones had equipment with a book value of $170,000 and a fair value of $320,000. what is the consolidated balance for the equipment account as of december 31, 2018?

The distinction between a normal and an inferior good is

While studying for the engineering economy final exam, you and two friends find yourselves craving a fresh pizza. you can't spare the time to pick up the pizza and must have it delivered. "pick-up-sticks" offers a 1-1/4-inch-thick (including toppings), 20-inch square pizza with your choice of two toppings for $15 plus 5% sales tax and a $1.50 delivery charge (no sales tax on delivery charge). "fred's" offers the round, deep-dish sasquatch, which is 20 inches in diameter. it is 1-3/4 inches thick, includes two toppings, and costs $17.25 plus 5% sales tax and free delivery. 1. what is the problem in this situation? state it in an explicit and precise manner. 2. systematically apply the seven principles of engineering economy (pp. 3-6) to the problem you have defined in part (a). 3. assuming that your common unit of measure is dollars (i. e., cost), what is the better value for getting a pizza based on the criterion of minimizing cost per unit of volume? 4. what other criteria might be used to select which pizza to purchase?

phillips, inc. had the following financial data for the year ended december 31, 2019. cash $ 41,000 cash equivalents 75,000 long term investments 59,000 total current liabilities 149,000 what is the cash ratio as of december 31, 2019, for phillips, inc.? (round your answer to two decimal places.)