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Question - RUP Co. has a 30% ownership interest in ERT Co., a joint venture. During 2005, ERT reported net income of $200,000 and paid a dividend of $150,000. RUP's inventory includes goods purchased from ERT on which ERT had made a profit of $20,000. What is the amount of income RUP should report on its investment in ERT for 2005 under the equity method?
Analyze the importance of production planning and scheduling within an organization. Evaluate a bad experience you have had with an appointment from perspective
Compute the future value in year 8 of a $430 deposit in year 4 and another $230 deposit at the end of year 5 using a 8% interest rate
which of the following is an advantage of corporations relative to partnerships and sole proprietorships?reduced legal
Warren Brown is the founder of Cake Love. Assume that his company currently has $250,000 in equity, and he is considering a $100,000 expansion.
Calculate the price of these bonds, if they paid no coupons to investors. Assume semi-annual compounding for these zero-coupon bonds
Assume that the outside supplier will accept an order of any size for the tubes at a price of $2.30 per box. How many boxes of tubes should Silven make
Calculate Mikes net pay check in the space provided below. Prepare journal entries for Mike's pay and the related payroll expenses. What is the total cost to Baltimore Corp for Mike's services during February
Accounting for a note payable On December 31, 2015, Cimmaron purchased $10,000 of merchandise inventory on a one-year, 10% note payable.
During the month of June the company manufactured 2,800,000 individual Flip Flops. Calculate the Fixed Overhead Budget and Volume Variances
Calculate the ending inventory at cost using the retail method.Ayayai Inc. had beginning inventory of $20,300 at cost and $30,100 at retail
Heritage Parts is undergoing a restructuring, and its free cash flows are expected to be unstable during the next few years
What is a budget? What purposes does it serve?
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