REFERENCE: Ref.01_14 Acker Inc.bought 40% of Howell Co.on January 1,2008 for $576,000.The

question 89

Multiple Choice

REFERENCE: Ref.01_14
Acker Inc.bought 40% of Howell Co.on January 1,2008 for $576,000.The equity method of accounting was used.The book value and fair value of the net assets of Howell on that date were $1,440,000.Acker began supplying inventory to Howell as follows:
Howell reported net income of $100,000 in 2008 and $120,000 in 2009 while paying $40,000 in dividends each year.
-What is the Equity in Howell Income that should be reported by Acker in 2008?

• A)$10,000.
• B)$24,000.
• C)$36,000.
• D)$38,400.
• E)$40,000.

Grasp the overall effectiveness of REBT compared to other treatments as evidenced by comprehensive meta-analyses.

Understand the development and target population for cognitive processing therapy.

Recognize the significance of homework assignments in enhancing the outcomes of CBT treatment.

Understand the physiological mechanisms of hearing.

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Definitions:

Consumptions

The action or process of using goods and services to satisfy human needs or desires.

Apples

A type of fruit known for its sweet taste and crisp texture, widely consumed fresh, juiced, or used in various culinary dishes.

Oranges

A citrus fruit known for its sweet or slightly acidic flavor, commonly consumed fresh or as juice.

Consumptions

The act of using goods and services for personal use, including the spending on such goods and services in an economy.