Dividends are profits that corporations keep.

Patten Company purchased an 80% interest in Salty Inc on January 1, 2016, for $500,000 when the stockholders' equity of Salty was $500,000 . Any excess of cost was attributed to a building with a 20-year life

On July 1, 2019, Patten sold part of its investment and reduced its ownership interest to 60%. Salty earned $62,000, evenly, during 2019 . The NCI share of 2019 consolidated income is a. $10,000 b. $12,400 c. $16,725 d. $43,400

As the number of degrees of freedom for a t distribution increases, the difference between the t distribution and the standard normal distribution

a. becomes larger b. becomes smaller c. stays the same d. None of these alternatives is correct.