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Question - Under the equity method, the investment account always reflects only the:
• Historical cost of the investment• Dividends paid by the investee corporation• Investor's interest in the net assets of the investee• Investor's share of net income
Winner Corporation reported accrual basis sales of $300,000, cost of goods sold of $120,000, and operating expenses, taxes, and interest summing to $45,000. In evaluating Winner's comparative balance sheets, it is determined that accounts receivable increased $15,000, inventory increased $7,500, and accounts payable decreased $10,500. There were no changes in prepaid expenses nor were there any interest or taxes payable at the beginning or end of the year. How much was cash basis income for Winner Corporation for the year?
a. $68,000
b. $82,000
c. $105,000
d. $112,000
corio corporation reports that at an activity level of 2600 units its total variable cost is 117390 and its total fixed
Construction of a building and the purchase of necessary equipment is estimated to cost $810,300, Determine the net present value of the investment in the paint
For Woolworths Ltd using the 2012 year compute the ROE, profit margin ratio, asset turnover ratio, current ratio, debt to equity ratio, interest coverage ratio, NTAB, EPS, DPS and the PER
The company credits the lockbox fees of customers who pay in advance to the Unearned Lockbox Fees account. Of the amount credited to this account during the year, $5,630 had been earned by August 31.
1. why are budgets useful in the planning process2. a common starting point in the budgeting process is3.
create a cost-benefit analysis to evaluate the projectthe state of massachusetts would like to replace a national guard
An 8-year corporate bond has a yield of 8.3 percent, which includes a liquidity premium of 0.75 percent. What is its default risk premium
Compute what is the weighted average unit contribution margin? At the break-even point, how many units of Product A must be sold?
The County Commission of Brook County adopted its General Fund budget for the year ending June 30, comprising estimated revenues of $3,200,000 and appropriations of $2,900,000. Brook County utilizes the budgetary accounts required by GASB stan..
Break into teams and complete the following requirements related to effective interest amortization for a premium bond.
As a group, imagine you are the team of fund managers in a fund management company. You are holding a briefing meeting at which each person explains to the others some feature of the companies in which your fund invests. Today's subject is liabili..
Submit three or four sentences describing what you plan to cover in your paper. Under your given topic ERP software.
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