Parent Company purchased 100 percent of Son Inc. on January 1, 20X2 for $420,000. Son reported earnings of $82,000 and declared dividends of $4,000 during 20X2. Based on the preceding information and assuming Parent uses the equity method to account for its investment in Son, what is the balance in Parent’s Investment in Son account on December 31, 20X2, prior to consolidation?
When a parent company creates a subsidiary through internal…
When a parent company creates a subsidiary through internal expansion, the parent’s journal entry to transfer assets to the newly created entity will include a debit to:
You are working in an outpatient clinic and a patient calls…
You are working in an outpatient clinic and a patient calls to verify they are taking their medication correctly. The patient states that they only have a teaspoon at home and the medication directions are in tablespoons. You look up the patient’s medication order and note they should be taking 3 tablespoons. How many teaspoons do you instruct the patient to take with each administration?
Compare and contrast an action potential and graded potentia…
Compare and contrast an action potential and graded potential (be thorough!) ACTION POTENTIAL GRADED POTENTIAL
What is the outermost meningeal covering of the brain called…
What is the outermost meningeal covering of the brain called?
Which of the following is typically reported as feeling “som…
Which of the following is typically reported as feeling “something in the eye”?
What do black specks on the sclera indicate?
What do black specks on the sclera indicate?
Identify at least three factors a therapist should take into…
Identify at least three factors a therapist should take into account when integrating aerobic conditioning into a patient’s treatment session. (Ex: Recommendations, benefits, frequency, intensity, pt education)
Marfan syndrome manifestations include ocular changes (e.g.,…
Marfan syndrome manifestations include ocular changes (e.g., lens displacement), musculoskeletal abnormalities (e.g., pectus excavatum, hypotonia), and cardiovascular changes (e.g., aortic dilation, aortic coarctation). These manifestations occur because:
Athletes with a history of multiple concussions can show sig…
Athletes with a history of multiple concussions can show signs and symptoms of a concussion in the absence of a recent concussion.