P Corporation acquired 80% of the outstanding voting stock of S Corporation when the fair values equaled the book values.

P Corporation acquired 80% of the outstanding voting stock of S Corporation when the fair values equaled the book values.
On July 1, 2020, P sold land to S for $300,000. The land originally cost P $200,000. S recently resold the land on October 30, 2021 for $350,000.
On October 1, 2021, S Corporation sold equipment to P Corporation for $80,000. S originally paid $100,000 for this equipment and had accumulated depreciation of $40,000 thus far. The equipment has a five-year remaining lifeA. Complete the consolidated income statement for P Corporation and subsidiary for the year ended December 31, 2021.

  P S Elimination Entries

Dr. Cr.

Noncontrolling Interest Consolidated Balances
Sales 1,200,000 600,000        
Dividend Income from S 80,000          
Gain on Sale of

Equipment

  20,000        
Gain on Sale of Land   50,000        
Cost of Sales (800,000) (300,000)        
Depreciation Expense (160,000) (80,000)        
Other Expenses (200,000) (160,000)        
Noncontrolling Interest

in Income

           
Net Income 120,000 130,000        
find the cost of your paper

Advertisers use different kinds of “profiles” in the decision to display ads to customers. Identify the different kinds of profiles described in this case, and explain why they are relevant to online display advertising.

Answer the following case questions about Programmatic Advertising: Real-Ice Marketingin detail, think critically: 1. Pay a visit to your favorite portal and count the total ads on the opening page…..

What will be your recommendation to Elite Furniture, if you are a consultant to the company?

Elite Furniture Jan Smith had planned on spending six months at home before returning to work after the birth of her first child. However, she and her husband had recently….

Perform a market environment analysis for an existing brand of your choice and outline the marketing strengths, opportunities, weaknesses and threats resulting from the analysis.

Write an essay based on ONE of the following topics (worth 50% of your grade for this module): Perform a market environment analysis for an existing brand of your choice and outline the marketing….