subject
Business, 03.05.2021 23:20 caleelwittmann31

On January 2, 2020, Motorola Solutions Inc. purchased 12% of Civitas Solutions's common stock for $57,000. During 2020, Civitas Solutions declared and paid a dividend of $65,500. Civitas Solutions's net income for the year ended December 31, 2020 was $13,000. On December 31, 2020, the fair value of the Civitas Solutions stock owned by Motorola Solutions Inc. had increased to $74,000. How much should Motorola Solutions Inc. show in the 2020 income statement (as part of Net Income) as income from this investment

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 05:00
Personal financial planning is the process of creating and achieving financial goals? true or false
Answers: 1
question
Business, 22.06.2019 12:50
Afirm’s production function is represented by q(m,r) = 4m 3/4r1/3, where q denotes output, m raw materials, and r robots. the firm is currently using 6 units of raw materials and 12 robots. according to the mrts, in order to maintain its output level the firm would need to give up 2 robots if it adds 9 units of raw materials. (a) true (b) false
Answers: 3
question
Business, 22.06.2019 15:20
Kelso electric is debating between a leveraged and an unleveraged capital structure. the all equity capital structure would consist of 40,000 shares of stock. the debt and equity option would consist of 25,000 shares of stock plus $280,000 of debt with an interest rate of 7 percent. what is the break-even level of earnings before interest and taxes between these two options?
Answers: 2
question
Business, 22.06.2019 15:30
Uknow what i love about i ask a dumb question it is immediately answered but when i ask a real question it take like an hour to get answered
Answers: 2
You know the right answer?
On January 2, 2020, Motorola Solutions Inc. purchased 12% of Civitas Solutions's common stock for $5...
Questions
question
Arts, 26.10.2020 22:30
question
Medicine, 26.10.2020 22:30
question
Mathematics, 26.10.2020 22:30
question
Mathematics, 26.10.2020 22:30
Questions on the website: 13722365