1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
aleksklad [387]
3 years ago
15

Parent Inc. purchased 30% of the common stock of Affiliate Co. on January 1, YR01 for $5,000 and appropriately accounted for thi

s investment using the Equity Method. For the year ended December 31, YR01, Affiliate Co. reported net income of $1,000. Also, during YR01 the company declared and paid cash dividends totaling $200 to holders of its common stock. Given these facts, how will the Operating, Investing, and Financing sections of the statement of cash flows for Parent Inc. be affected (assume use of the indirect method of presentation)
Business
1 answer:
blondinia [14]3 years ago
4 0

Answer:

net cash from investing activities = -$4,940

operating and financing activities are not affected.

Explanation:

the journal entries should be:

January 1, socks purchased

Dr Investment in Affiliate 5,000

    <u>Cr Cash 5,000</u>

December 31, dividends received

<u>Dr Cash 60</u>

    Cr Investment in Affiliate 60

December 31, Affiliate reports net income

Dr Investment in Affiliate 300

    Cr Revenue from investing activities 300

Only the cash flow from investing activities will be affected by Parent's investing in Affiliate. Since the company uses the equity method, the operating and financing cash flows are not affected.

The cash flow from investing activities will:

  • Decrease by $5,000 due to the purchase of stocks.
  • Increase by $60 due to the dividends received.
  • net cash from investing activities = -$4,940

You might be interested in
In your own words, define Linear Regression. Describe an example of how
S_A_V [24]

Answer:

linear regression

Explanation:

Linear regression quantifies the relationship between one or more predictor variable(s) and one outcome variable. Linear regression is commonly used for predictive analysis and modeling. For example, it can be used to quantify the relative impacts of age, gender, and diet (the predictor variables) on height (the outcome variable). Linear regression is also known as multiple regression, multivariate regression, ordinary least squares (OLS), and regression. This post will show you examples of linear regression, including an example of simple linear regression and an example of multiple linear regression.

HOPE IT'S HEIP YOU

6 0
3 years ago
Kilian Health Foods has 19 comma 000 shares of $ 3 par common stock​ outstanding, which were issued at $ 14 per share. Kilian al
Marta_Voda [28]

Answer:

$178,000

Explanation:

The computation of the total​ stockholders' equity is shown below:

= Share capital + additional paid in capital - deficit balance in retained earnings

where,

Share capital = 19,000 shares × $3 = $57,000

Additional paid in capital = 19,000 shares × $11 = $209,000

And, the  deficit balance in Retained Earnings is $88,000

Now put these values to the above formula

So, the value would be equal to

= $57,000 + $209,000 - $88,000

= $178,000

3 0
3 years ago
Which of the following statements about minimum payments is incorrect?
Marysya12 [62]

The incorrect statement about the minimum payment is "if you send the minimum payment, you will be charged a late fee." The minimum payment is all that is needed on a credit card or other loan. There will never be a late fee added if the minimum payment is sent in unless it is late.  

Further Explanation:

minimum payment:

The minimum payment is the most minimal measure of cash that you are required to pay on your financial record every month. See your Visa "terms and conditions" record to perceive how your charge card's base installment is determined.  

you ascertain minimum payment:  

They utilize the equalization toward the part of the bargain cycle to figure the base installment due. For instance, your base installment is 2% of your parity and you have a $1,000 balance. Your base installment is determined as: 1000 X .02 = $20.  

minimum payment on charge cards:  

Most charge cards just expect you to make a minimum installment every month, which is commonly a fixed sum, regularly $20 to $25, or a level of your parity, typically 1 to 3 percent. Paying the minimum is enticing, particularly if your spending limit is tight. Be that as it may, the less you pay now, the more you'll pay later.

Subject: business

Level: High School

Keywords: minimum payment, you ascertain minimum payment, minimum payment on charge cards.  

Learn more about evolution on:

brainly.com/question/2192919

brainly.com/question/1309609

8 0
3 years ago
Read 2 more answers
How do quits and layoffs help improve labor market efficiency?
xxTIMURxx [149]
They help with people being able to get rid of the weakest links
7 0
3 years ago
TYR just announced yesterday that its fourth-quarter earnings will be 35% lower than last year's fourth quarter. You observe tha
makkiz [27]

Answer: Investors expected the earnings increase to be smaller than what was actually announced.

Explanation:

Abnormal return on an asset such as stock refers to the difference between actual returns and expected returns. As such, if it is positive, that would mean that the actual returns are/ will be higher than the expected/anticipated returns.

TYR had an abnormal return of 3.7% which would mean that the the 35% lower fourth-quarter earnings was higher than investors expected from TYR.

4 0
3 years ago
Other questions:
  • In an informationally efficient capital market: Group of answer choices security prices quickly reflect new information. investo
    9·2 answers
  • Which two careers would have a stage as a workplace? A/V technology and the performing arts the visual arts and telecommunicatio
    11·2 answers
  • A bank account has an initial balance of $450. The account holder deposits $125 every week. How many weeks (excluding any intere
    15·2 answers
  • Generally, perfectly competitive industries such as paper and steel (commodities) are deemed to be ________ in profits to more d
    10·1 answer
  • 7. Family child care is typically located in A. a YMCA. B. a church or other faith-based institution. C. the provider's residenc
    13·2 answers
  • The government of Granita is thinking about imposing a very small tax on one or more of the following goods: anvils, books, and
    9·1 answer
  • Juanita heard an argument in favor of increasing taxes in her local municipality. at the end of the presentation, she learned th
    10·1 answer
  • GAWAIN 2
    7·1 answer
  • On June 1, 2021, Emmet Property Management entered into a 2-year contract to oversee leasing and maintenance for an apartment bu
    11·1 answer
  • Which category of inventory holding costs has a much higher percentage than average for rapid-change industries such as PCs and
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!