Business, 21.01.2021 22:30 pineapplefun
Prepare journal entries for the transactions below relating to an Equity Investment accounted for using the equity method. a. An investor purchases 12,000 common shares of an investee at $10 per share; the shares represent 20% ownership in the investee and the investor concludes that it can exert significant influence over the investee. b. The investee reports net income of $100,000. c. The investor receives a cash dividend of $1.00 per common share from the investee. d. The investor sells all 12,000 common shares of the investee for $150,000.
Answers: 2
Business, 22.06.2019 08:10
Bakery has bought 250 pounds of muffin dough. they want to make waffles or muffins in half-dozen packs out of it. half a dozen of muffins requires 1 lb of dough and a pack of waffles uses 3/4 lb of dough. it take bakers 6 minutes to make a half-dozen of waffles and 3 minutes to make a half-dozen of muffins. their profit will be $1.50 on each pack of waffles and $2.00 on each pack of muffins. how many of each should they make to maximize profit, if they have just 20 hours to do everything?
Answers: 3
Business, 22.06.2019 16:30
Which of the following has the largest impact on opportunity cost
Answers: 3
Prepare journal entries for the transactions below relating to an Equity Investment accounted for us...
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