Use the Following Information for Questions

question 37

Multiple Choice

Use the following information for questions.
The summarized balance sheets of Thunder Bay Corp.and Fort William Corp.at December 31, 2017 are as follows:
-If Thunder Bay acquired a 30% interest in Fort William on December 31, 2017 for $75,000 and the equity method of accounting for the investment were used, the amount of the debit to Investment in Fort William Corp.would have been

• A)$90,000.
• B)$75,000.
• C)$67,500.
• D)$60,000.

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Definitions:

Sexual Behavior

Actions or practices related to the expression of sexuality or sexual activity between individuals.

Conflict Theorists

Scholars who view social life as a competition, and are especially interested in how inequality within society leads to conflict and causes change.

Sexual Identity

An individual's identification with a particular sexual orientation or gender, often reflecting deeper aspects of self-perception and social identity.

Desirable Behavior

Represents actions or conducts that are considered preferable, appropriate, or beneficial within a given societal, cultural, or organizational context.