Use the Following Information to Answer the Question(s) Below

question 17

Multiple Choice

Use the following information to answer the question(s) below.

Paggle Corporation owns 80% of Spillway Inc.'s common stock that was purchased at its underlying book value. At the time of purchase, the book value and fair value of Spillway's net assets were equal. The two companies report the following information for 2014 and 2015.

During 2014, one company sold inventory to the other company for $50,000 which cost the transferor $40,000. As of the end of 2014, 30% of the inventory was unsold. In 2015, the remaining inventory was resold outside the consolidated entity.

-If the intercompany sale mentioned above was an upstream sale,what will be the reported amount of total consolidated sales revenue for 2015?

• A)$1,025,000
• B)$1,900,000
• C)$1,950,000
• D)$2,000,000

Assess statistical significance using appropriate critical values in ANOVA.

Identify and explain the requirements for a balanced and a complete factorial experiment.

Understand the principles of the Diels-Alder reaction, including its regiochemistry and the endo rule.

Identify and explain the role of orbitals in organic reactions, particularly the Highest Occupied Molecular Orbital (HOMO) and Lowest Unoccupied Molecular Orbital (LUMO).

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Definitions:

Capital Balance

The amount of money that a person or entity has invested in a business, which may change over time due to profits, losses, and withdrawals.

Independent Appraisal

An objective evaluation of an asset's value, performed by a professional and unbiased third party, often used in financial reporting, transactions, and for legal matters.

Retires

The act of withdrawing from one's occupation or profession, often upon reaching a certain age.