In SQL Server a Login provides server level permissions

Teams that fail usually represent more diverse membership than those that are successful

Indicate whether the statement is true or false

Company P owns a 30% interest in Company S and accounts for the investment under the sophisticated equity method. The investment was purchased at underlying book value, and there is no excess of cost or book value

Company S sells merchandise to Company P at cost plus 25%. Intercompany sales during 20X1 were $100,000 . There were $20,000 worth of such goods in Company P's beginning inventory and $30,000 worth of such goods in Company P's ending inventory. Company S's reported income for 20X1 is $40,000, and no dividends were paid. What amount will Company P record as investment income in 20X1? a. $12,000 b. $11,400 c. $9,750 d. $4,500