Which of the Following Best Describes Changes in Research and Development

question 163

Multiple Choice

Which of the following best describes changes in research and development spending that took place during the last 40 years of the twentieth century?

• A) It remained steady.
• B) It tripled.
• C) It doubled.
• D) It decreased by half.

Differentiate between acceptable and unacceptable methods for sale of subsidiary shares.

Compute consolidated stockholders' equity after acquisition.

Understand the equity method application, including computation of investment balances and equity income.

Understand the concept of business combinations and the process of acquiring a subsidiary company.