Modern Shades, a firm that manufactures cosmetic products for women, should have had a market share of 8% in the cosmetics market, but owing to a variety of other factors, its actual market share was only 5%
Furthermore, it was estimated that the business' market share index potential would be 15% if the business achieved the desired level of customer response along the share development path. What is Modern Lip's share development index (SDI)?
A) 20
B) 33.3
C) 53.3
D) 67.5
E) 86.7
C
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The accounting records for Patricia Event Planning Services include the following select unadjusted balances on December 31, 2016: Salaries Expense, $6,000; Service Revenue: $19,000; Unearned Revenue, $400; Supplies Expense, $600; Rent Expense, $300; Dep
A) debit balance of $21,400 B) credit balance of $19,000 C) debit balance of $2,400 D) credit balance of $19,800
If the parent company owns 55% of the subsidiary company's outstanding common stock, the company should generally account for the income of the subsidiary under the:
(a) cost method (b) fair value method (c) consolidation method (d) equity method