Cups of Coffee Are Sold at the Skool Café in Three

question 14

Multiple Choice

Cups of coffee are sold at the Skool Café in three sizes (S,M,L) ,and customers fall into three categories (academics,administrators,students) .The numbers of cups sold in a working day are as follows. Small Medium Large
Academics 12 25 27
Administrators 19 26 4
Students 30 10 11
Selecting one cup sold at random,the probability that it will be a large cup is?

• A).256
• B).333
• C).500
• D).111

Understand the necessity of eliminating intercompany profits in consolidations.

Comprehend the reporting requirements for subsidiaries under IFRS 3.

Calculate the amount of goodwill using the entity method.

Calculate the amount of goodwill using the parent-company extension method.

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Definitions:

Budget Surplus

A situation where income or revenues exceed expenditures over a specific period of time, typically a fiscal year.

Budget Deficit

A budget deficit happens when a government's expenditures surpass its revenues within a given fiscal period.

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded by consumers at those prices.

Net Capital Outflow

Refers to the difference between the purchase of foreign assets by domestic residents and the purchase of domestic assets by foreigners. A positive net capital outflow means a country is investing more abroad than others are investing in it.