Answer:
The correct option is C,the investment decreases by $418,950.
Explanation:
The equity method of accounting for stock investment requires that the investor should increase its investment value by the share of net income in a year and decrease same by the amount of cash dividends received from the investee company.
However,the opposite would be the case of net loss recorded in the year under review(share of net loss would be deducted from investment value) as shown below:
Share of net loss ($1,602,000*25%) ($400,500)
share of cash dividends($73,800*25%)($18,450)
total reduction in investment value ($418,950
)
Answer:
The answer would be D
Explanation:
Advertising that promotes a business, organization, institution or similar unit. In institutional advertising, the business promotes itself rather than its product.
Answer:
1.The parties involved can ask the government to raise the allocation of funds to the student community service organization
2. Volunteers will be available to help out in the project
3. About $10000 will be the project cost(The cost of starting and finishing the project to meet the objectives and demands at hand)
Explanation:
Planning of a large party or an event is called a project. This is because, it was a specific party for a specific purpose and It was held on a specific date and time(beginning and end).
A project must have an objective . It must have stakeholders. This whose decision will greatly affect the outcome of the project
The following are the assumption made by the stakeholders of the project:
1.The parties involved can ask the government to raise the allocation of funds to the student community service organization
2. Volunteers will be available to help out in the project
3. About $10000 will be the project cost(The cost of starting and finishing the project to meet the objectives and demands at hand)
The needs identified are:
-Money to support food purchasing.
-Grow the volunteer force.
-Food donations.
-To teamwork and synergy with a common goal.
Based on the discount offered by Next furniture, the discounted price of a sofa would be $669.33
<h3>What is the discounted price of the sofa?</h3>
This can be found as:
= Original price x (1 - discount rate)
Solving gives:
= 999 x (1 - 33%)
= 999 x 0.67
= $669.33
Find out more on discount rates at brainly.com/question/1385340.
#SPJ1
Answer:
$87,000
Explanation:
Calculation of the conversion cost for November.
Conversion cost can be defined as the combination of both direct labor costs and manufacturing overhead costs that are vital to help convert raw materials into product.
Using this formula
Total Conversion cost = Direct labor cost + Manufacturing overhead cost
Hence,
Direct labor cost $25,000
Add Manufacturing overhead cost $62,000
Total Conversion cost $87,000
Therefore the conversion cost for November is $87,000
