Bates LtdOwns 60% of the Outstanding Common Shares of Sam Ltd

question 28

Multiple Choice

Bates Ltd.owns 60% of the outstanding common shares of Sam Ltd.During 20X6,sales from Sam to Bates were $200,000.Merchandise was priced to provide Sam with a gross margin of 20%.Bates' inventories contained $40,000 at December 31,20X5 and $15,000 at December 31,20X6 of merchandise purchased from Sam.Cost of goods sold for Bates and Sam for 20X6 on their separate-entity income statements were as follows:

What is the non-controlling interest's share of the consolidation adjustments on the income statement for the year ended December 31,20X6?

• A)$2,000
• B)$3,000
• C)$5,000
• D)$1,250

Identify the steps and best practices in creating digital content, specifically for blogging and podcasting.

Comprehend the importance of adjusting communication strategies based on the medium and audience.

Grasp the value of interactive and user-generated content (UGC) in digital communication.

Acknowledge the role of social media in empowering consumers and impacting company communication strategies.

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Definitions:

Interview Sessions

Structured interactions or meetings where questions are asked to gather information, opinions, or assess qualifications and characteristics of the interviewee.

Dramatic Body Language

The use of exaggerated movements or gestures to convey emotions or intentions.

Histrionic Personality Disorder

A psychological disorder characterized by a pattern of excessive emotionality and attention-seeking behavior.

Emotional Pain

A deeply distressing or disturbing experience of suffering related to psychological, not physical, causes.