Business, 09.12.2021 04:10 alicia186

On January 1, 2020, Cale Corp. paid $1,020,000 to purchase Kaltop Co. Kaltop maintained separate incorporation. Cale used the equity method to account for the investment. The following information is available for Kaltop's assets, liabilities, and stockholders' equity accounts: Picture Kaltop earned net income for 2020 of $126,000 and paid dividends of $48,000 during the year. If Cale Corp. had net income of $444,000, exclusive of the investment, what is the amount of consolidated net income

Answers: 1

Show answers

Another question on Business

Business, 21.06.2019 15:30

Which of the following statements accurately describes how costs and benefits are calculated?

Answers: 1

Answer

Business, 22.06.2019 08:00

Who is not spending wisely? erika goes shopping and saves her receipts. she totals how much she spent and writes it down. mia needs to buy a new pair of shoes because she joined the soccer team. she looks at newspaper ads to find the best price. lauren has been thinking about getting a puppy for a long time. she walks by the pet store at the mall and decides to get a puppy. erin makes a purchase online using a credit card. she knows that she can pay the entire bill when it arrives.

Answers: 2

Answer

Business, 22.06.2019 17:30

You should do all of the following before a job interview except

Answers: 2

Answer

Business, 22.06.2019 19:20

Why is following an unrelated diversification strategy especially advantageous in an emerging economy? a. it allows the conglomerate to overcome institutional weaknesses in emerging economies. b. it allows the conglomerate to form a monopoly in emerging economies. c. it allows the conglomerate to use well-defined legal systems in emerging economies. d. it allows the conglomerate to take advantage of strong capital markets in emerging economies.

Answers: 1

Answer

You know the right answer?

On January 1, 2020, Cale Corp. paid $1,020,000 to purchase Kaltop Co. Kaltop maintained separate inc...

Questions