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Bird Corporation purchased an 80% interest in Brush Corporation on July 1,2013 at its book value,and on January 1,2014 its Investment in Brush account was $300,000,equal to its book value.Brush's net income for 2014 was $99,000 (earned uniformly) ;no dividends were declared.On March 1,2014,Bird reduced its interest in Brush by selling a 20% interest,one-fourth of its investment,for $84,000.
-If Bird uses a "beginning-of-the-year" sale assumption,its gain on sale and income from Brush for 2014 will be
Advisory Committees
Groups of experts or stakeholders formed to offer guidance and advice on specific topics or issues to organizations or governing bodies.
Quotas
Set limits or targets, often referring to the required or expected production output, sales levels, or representation of certain groups.
Cultural Value Dimension
Frameworks or models that describe the dominant patterns of values, beliefs, and behaviors that characterize different cultures.
Economic Development
The process by which a nation improves the economic, political, and social well-being of its people.
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