REFERENCE: Ref.05_11 Pepe,Incorporated Acquired 60% of Devin Company on January 1,2009.On That

question 33

Multiple Choice

REFERENCE: Ref.05_11
Pepe,Incorporated acquired 60% of Devin Company on January 1,2009.On that date Devin sold equipment to Pepe for $45,000.The equipment had a cost of $120,000 and accumulated depreciation of $66,000 with a remaining life of 9 years.Devin reported net income of $300,000 and $325,000 for 2009 and 2010,respectively.Pepe uses the equity method to account for its investment in Devin.
-Compute the noncontrolling interest in the net income of Devin for 2009.

• A)$116,400.
• B)$120,400.
• C)$120,000.
• D)$123,200.
• E)$112,000.

Grasp the precautionary principle approach and its implications for chemical safety.

Recognize the processes involved in screening chemicals for commercial use and their toxicity.

Identify the three most pervasive viral diseases and their implications for public health.

Comprehend the impact of lifestyle choices, poverty, and gender on health risks.

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Definitions:

Wholesaler-sponsored Voluntary Chain

A partnership where independent retailers join together to bulk-buy from wholesalers to get better prices, while maintaining their store individuality.

Administered Vertical Marketing System

A coordinated marketing strategy in which manufacturers and retailers work closely together to promote the sale of products without formal ownership or contractual relationships.

Tall Poppies

Individuals who stand out from others due to their high achievements or qualities but may face criticism or envy as a result.

Cultural Dimension

Aspects of cultures that are measurable and can be compared across different societies, often used in social sciences to understand cultural variability.