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ABC Inc. is a Canadian public company that owns several soya bean farms across North America. XYZ Inc. is a Canadian private company that, among other things, manufactures and sells several types of food products made from soy beans. Since XYZ was established, ABC Inc. has owned 18% of the voting common shares of XYZ. The other 82% of the voting common shares are held by 12 individuals and companies not related to ABC Inc. The largest shareholding percentage by any of these 12 shareholders is 22%.
Problem 1: Explain whether ABC Inc. should classify its investment in XYZ as a non-strategic or significant influence investment.
Depreciation on buildings, Compute the book value of the campground's buildings to be reported in the current year's December 31 balance sheet.
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Using the least-squares regression method, estimate the variable and fixed elements of the quality control cost. (Round the "variable cost")
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