Answer:
It is $9,000 (B)
Explanation:
Total paid dividends paid = $60,000
Return on Investment = $60,000 *15%
=$9,000.
Gaw Company investment in Trace Corporation will be treated as Investment Assets. In its book ,it can only recognize its share of dividend paid as return on investment.
Gaw Company cannot recognize its share of entire net income of Trace because it doesn't have controlling interest (i.e subsidiary) in the company neither does it have significant influence (i.e associate).
Answer:
90,000
Explanation:
An intangible asset is an asset that is not physical in nature. Goodwill, brand recognition and intellectual property, such as patents, trademarks, and copyrights, are all intangible assets.
Trademarks = 15,000
Excess of cost over the fair value of net
identifiable assets (Goodwill) = 75,000
Total intangible assets = 90,000
1/ C. Diversification is the riskiest strategic option.
2/ B. Conglomerate Diversification.
Answer:
Chemical Bank
Explanation:
Research shows that in the year 1969, and on the 2nd of September, the first ATM (automated teller machine) of the United States was installed by Chemical Bank. This was done in the Rockville Centre branch of the Bank, in New York. This first ATM machine in the United States, was designed primarily the same way today's ATM machines exist.
Answer:
E. increase by $5,000.
Explanation:
For computing the operating income, first, we have to compute the incremental revenue and then deduct the incremental cost, so that the operating income could find out
The incremental revenue would be
= Number of pounds sold × (Selling price per pound - Split-off sale price per pound)
= 5,000 pounds × ($25 - $20)
= 5,000 pounds × $5
= $25,000
And, the additional cost for processed further is $20,000
Now put these price to the above formula
So, the operating income would equal to
= $25,000 - $20,000
= $5,000 increase
