Business, 17.08.2019 22:20 tystevens9943
During year 3, gilman co. purchased 5,000 shares of the 500,000 outstanding shares of meteor corp.'s common stock for $35,000. during year 3, gilman received $1,800 of dividends from its investment in meteor's stock. the fair value of gilman's investment on december 31, year 3, is $32,000. gilman has elected the fair value option for this investment. what amount of income or loss that is attributable to the meteor stock investment should be reflected in gilman's earnings for year 3? a. income of $4,800b. income of $1,800c. loss of $1,200d. loss of $3,000
Answers: 1
Business, 22.06.2019 10:50
The uptowner just paid an annual dividend of $4.12. the company has a policy of increasing the dividend by 2.5 percent annually. you would like to purchase shares of stock in this firm but realize that you will not have the funds to do so for another four years. if you require a rate of return of 16.7 percent, how much will you be willing to pay per share when you can afford to make this investment?
Answers: 3
Business, 22.06.2019 18:00
What would not cause duff beer’s production possibilities curve to expand in the short run? a. improved manufacturing technology b. additional resources c. increased demand
Answers: 1
Business, 22.06.2019 20:50
The following accounts are from last year’s books at s manufacturing: raw materials bal 0 (b) 157,400 (a) 172,500 15,100 work in process bal 0 (f) 523,600 (b) 133,700 (c) 171,400 (e) 218,500 0 finished goods bal 0 (g) 477,000 (f) 523,600 46,600 manufacturing overhead (b) 23,700 (e) 218,500 (c) 27,700 (d) 159,400 7,700 cost of goods sold (g) 477,000 s manufacturing uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. what is the amount of cost of goods manufactured for the year
Answers: 3
During year 3, gilman co. purchased 5,000 shares of the 500,000 outstanding shares of meteor corp.'s...
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