Messages
Proposals
Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.
Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support
1. Intercompany profit elimination entries in consolidation workpapers are prepared in order to:
a. Nullify the effect of intercompany transactions on consolidated statements
b. Defer intercompany profit until realized
c. Allocate unrealized profits between controlling and noncontrolling interests
d. Reduce consolidated income
2. The direction of intercompany sales (upstream or downstream) does not affect consolidation workpaper procedures when the intercompany sales between affiliates are made:
a. At fair value
b. Above market value
c. At book value
d. To a 100 percent-owned subsidiary
3. Pet Corporation sells inventory items for $500,000 to Sen Corporation, its 80 percent-owned subsidiary. The consolidated workpaper entry to eliminate the effect of this intercompany sale will include a debit to sales for:
a. $500,000
b. $400,000
c. The amount remaining in Sen’s ending inventory
d. 80 percent of the amount remaining in Sen’s ending inventory
4. Sar Corporation,
a 90 percent-owned subsidiary of Pan Corporation, buys half of its raw materials from Pan. The transfer price is exactly the same price as Sar pays to buy identical raw materials from outside suppliers and the same price as Pan sells the materials to unrelated customers. In preparing consolidated statements for Pan Corporation and Subsidiary:
| Writer | Writer Name | Amount | Client Comments & Rating |
|---|---|---|---|
ONLINE |
Instant Homework Helper |
$36 |
She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up! |
Custom Original Solution And Get A+ Grades
Custom Original Solution And Get A+ Grades
Custom Original Solution And Get A+ Grades
| Writer | Writer Name | Offer | Chat |
|---|---|---|---|
ONLINE |
Smart Homework HelperYou can award me any time as I am ready to start your project curiously. Waiting for your positive response. Thank you! |
$23 | Chat With Writer |
ONLINE |
George M.Hello, I an ranked top 10 freelancers in academic and contents writing. I can write and updated your personal statement with great quality and free of plagiarism |
$51 | Chat With Writer |
ONLINE |
Top Academic TutorI am known as Unrivaled Quality, Written to Standard, providing Plagiarism-free woork, and Always on Time |
$96 | Chat With Writer |
ONLINE |
Helping EngineerI will cover all the points which you have mentioned in your project details. |
$84 | Chat With Writer |
ONLINE |
Academic MasterI will cover all the points which you have mentioned in your project details. |
$42 | Chat With Writer |
ONLINE |
Solutions StoreI am known as Unrivaled Quality, Written to Standard, providing Plagiarism-free woork, and Always on Time |
$80 | Chat With Writer |
Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.