CHAPTER 3 AN INTRODUCTION TO CONSOLIDATED FINANCIAL STATEMENTS Answers to Questions 1 A corporation becomes a subsidiary when another corporation either directly or indirectly acquires a majority (over 50 percent) of its outstanding voting stock. 2 Amounts allocated to identifiable assets and liabilities in excess of their recorded amounts on the books of the subsidiary are not recorded separately by the parent. Instead‚ the parent company records the purchase price of the interest acquired
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City is expected to be a best place where everyone can reach such better living conditions. Many people have been moving from their hometown in the countryside to start finding a chance in a big city. One of its advantages is that the city gives out many good conditions and environment for education‚ especially for youth. Moreover‚ there are great numbers of employment offered widely to everybody. However‚ pollution in big cities is such a big concern for many people. People can receive a good
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worldwide. It is allowing access to technology in developing countries. It promotes world peace. It has benefited women and children’s rights. It raises life expectancy. Advantages of Globalization Globalization has several advantages on the economic‚ cultural‚ technological‚ social and some other fronts Advantages of Globalization Goods and people are transported with more easiness and speed the possibility of war between the developed countries decreases free trade between countries
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Handphone also known as mobile phone or cell phone or smart phone‚ and is an electronic device used for mobile telecommunications (mobile telephony‚ text messaging or data transmission) over a cellular network of specialized base stations known as cell sites. Martin Cooper invented the handphone. He is a Motorola researcher and executive. Martin made the first call on a handheld mobile phone on April 3‚ 1973. Cells for handphone base stations were invented in 1947 by Bell Labs engineers. Handphones
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Why we advertise our products If we want our products to be well-known we should advertise them. Advertisements play an important role in the modern economy. They are useful to both consumers and producers. They help the consumers by giving them information about various products available on the market. Many readers appreciate advertising because it lets the vendor speak directly to the consumer about the product. Where we can see advertisements We find advertisements everywhere. Most of the
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move away work from their private lives because when they finish their job and get home‚ most of the times‚ they continue working‚ they never disconnect! In conclusion‚ I would say that we have to learn how to manage computers‚ we have to take advantage of the facilities that they provide us‚ avoiding becoming their slaves‚ which means being able to live without them‚ not being dependents.
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impatient care in a hospital. Medical Insurance that pays for the doctor services and medical supplies that are not covered by hospital insurance. Medicare advantage is for people who have hospital insurance and medical insurance have the options to receive all your health care services through provider organization that’s coverage under Medicare advantage‚ and prescription drug coverage help pays for medications doctor prescribe for treatment. Medicare is an essential means of paying for health care for
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NLP has been widely used in different sectors and the proponents of the system believe it can have life-changing benefits for most people. Some of the most common advantages of the system are mentioned below. Reduce anxiety and stress Most therapeutic approaches are naturally effective in helping people with anxiety and NLP is no different. There has even been a study‚ which showed NLP helped people suffering from claustrophobia during MRI scans to alleviate the feeling of anxiety. Part of the
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Trading has been a skill known to humans since the ancient times dated back to 9000 BC. As the years pass by‚ our trading skills have evolved to benefit us financially and continue to differentiate every day through the advancement of technology and common knowledge. Now we are living in a world where everything revolves around using money as currencies‚ but the trade doesn’t stop here. Our society is slowly accepting Cryptocurrency and using them as a way to trade items instead of using their old
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are not of the same meaning. The original meaning of democracy is the rule by the poor or by the rabble. Aristotle had a clear argument stating that a rich majority would not be able to govern fairly (Arblater‚ 2002). This essay aims to identify advantages of modern democracy-based governments‚ such as equality for men and women‚ free press and media and totalitarianism as well as provide criticism in terms of the two systems. Democracy has become the subject of various debates‚ with the supporters
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