subject
Business, 08.07.2019 16:20 kimberlynassar1962

On january 1, puckett company paid $1.6 million for 50,000 shares of harrison's voting common stock, which represents a 40 percent investment. no allocation to goodwill or other specific account was made. significant influence over harrison is achieved by this acquisition and so puckett applies the equity method. harrison distributed a dividend of $2 per share during the year and reported net income of $560,000. what is the balance in the investment in harrison account found in puckett's financial records as of december 31?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 06:00
If you miss two payments on a credit card what is generally the penalty
Answers: 1
question
Business, 22.06.2019 07:30
Hours to produce one unit worker hours to produce yarn country a 8 hours country b 4 hours worker hours to produce fabric counrty a 12 hours country b 13 hours additional worker hours to produce fabric instead of yarn country a ? country b? which of the follow is true of the trade relationship between country a and country b? country a has an absolute advantage in producing yarn and fabric country b has an absolute advantage in producing yarn and fabric country b has a comparative advantage to country a in producing fabric country a has a comparative advantage to country b in producing fabric
Answers: 2
question
Business, 22.06.2019 10:00
Scenario: you have advised the owner of bond's gym that the best thing to do would be to raise the price of a monthly membership. the owner wants to know what may happen once this price increase goes into effect. what will most likely occur after the price of a monthly membership increases? check all that apply. current members will pay more per month. the quantity demanded for memberships will decrease. the number of available memberships will increase. the owner will make more money. bond's gym will receive more membership applications.
Answers: 1
question
Business, 22.06.2019 11:30
1.     regarding general guidelines for the preparation of successful soups, which of the following statements is true? a. thick soups made with starchy vegetables may thin during storage. b. soups should be seasoned throughout the cooking process. c. finish a cream soup well before serving it to moderate the flavor. d. consommés take quite a long time to cool. student c   incorrect
Answers: 2
You know the right answer?
On january 1, puckett company paid $1.6 million for 50,000 shares of harrison's voting common stock,...
Questions
question
Spanish, 12.04.2020 02:16
question
Mathematics, 12.04.2020 02:16
question
Mathematics, 12.04.2020 02:16
question
History, 12.04.2020 02:16
Questions on the website: 13722363