The Following Information Pertains to Questions

question 38

Multiple Choice

The following information pertains to questions
Find Corp.is a joint venture in which Seek Inc.has a 20% interest.Seek uses the equity method to account for its investment but has yet to make any journal entries for 2010.The financial statements of both companies are shown below on December 31,2010. During 2010,Seek sold merchandise totaling $120,000 to Find and recorded a gross profit of 50% on these sales.At the end of 2010,Find's inventory contained $30,000 worth of merchandise purchased from Seek.Find also owed $50,000 to find at the end of 2010.
Seek shall use the proportionate consolidation method (current Canadian GAAP) to report its investment in Find Corp.for 2010.Both companies are subject to 40% tax rate.
-What is the total amount of miscellaneous assets that would appear on Seek's Consolidated Balance Sheet as at December 31,2010?

• A)$640,000
• B)$660,000
• C)$900,000
• D)$840,000

Comprehend the significance of organizational initiatives such as outplacement programs in supporting displaced workers.

Analyze the trends and outcomes of downsizing across different time periods.

Understand the role of HR programs in enhancing employee embeddedness amidst downsizing.

Acknowledge the importance of protecting employee rights and maintaining a positive labor-management climate during downsizing.

---

Definitions:

High-fat Meal

A meal consisting of foods that are rich in fats, which can affect the body's metabolism and heart health.

Compromised Human Dignity

A state or situation in which an individual's respect, self-worth, and privacy are diminished or violated.

Alcohol-induced

Conditions or effects directly caused by the consumption of alcohol.

Sexually Transmitted Infection

An infection transmitted through sexual contact, caused by bacteria, viruses, or parasites.