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
Komok [63]
3 years ago
7

Rochester Corp. holds a 15% equity investment in LaCrosse Inc. Reedsburg Investments holds 45% of LaCrosse’s stock. On October 1

, 2017, LaCrosse declares and pays dividends to its stockholders. How will the dividend affect each company’s net income for the year? Listed First Rochester Listed Second Reedsburg
Business
1 answer:
IceJOKER [234]3 years ago
4 0

Answer:

Rochester Corp

Increase

Reedsburg Investments

No effect

Explanation:

Rochester Corp will Increase and Reedsburg Investments will show No effect

Therefore Rochester Corp. should go ahead and use the fair-value method in order to account for its own investment in LaCrosse.

This means the dividend would increase the net income while the Payment of dividends would tend to Increase the investment account on Reedsburg’s balance sheet, but will have or shown no effect on its income statement.

You might be interested in
Rhonda has an adjusted basis and an at-risk amount of $25,600 in a passive activity at the beginning of the year. She also has a
aliya0001 [1]

Answer:

a) Ending adjusted basis and at-risk amount $ 0

(b)The current passive loss is $12,000. Because $7,500 of the loss is used to reduce

the at-risk amount to $0, $4,500 is suspended under the at-risk rules ($12,000 − $7,500 = $4,500).

(c) The $7,500 loss that is not limited by the at-risk rules is subject to the passive loss

rules. Because the taxpayer has not generated any passive income during the year, this $7,500 current-year passive loss is suspended. Therefore, the total suspended passive loss carried forward to subsequent years totals $9,000 ($7,500 current-year suspended loss + $1,500 prior year suspended loss).

Explanation:

5 0
2 years ago
In the integrated supply chain model, integrated enterprise is typically ______.
Alenkinab [10]

In the integrated supply chain model, integrated enterprise is typically manufacturer.

<h3>What is supply chain model?</h3>

Supply chain modeling can be described as the  conscious attempt  that is been utilized in the  proclamation of order as regards the  supply chain to have certain business objectives.

These could be  lowest supply cost as well as , on-time delivery ,however In the integrated supply chain model, integrated enterprise is typically manufacturer.

Learn more about supply chain model at:

brainly.com/question/25160870

#SPJ1

4 0
2 years ago
According to the law of demand consumer demand for a product will decrease if
sveta [45]

Answer:

Chicken wing jkjk

Explanation:

The law of demand is an economic principle that states that consumer demand for a good rises when prices fall while conversely, consumer demand falls when prices rise. Hope this helped!

7 0
3 years ago
Read 2 more answers
Where can you find books when you Tabe To another level of class like level A D M and E
Elodia [21]

check on the internet or something, the internet has a lot of insane things for sale

5 0
3 years ago
is a form of trading arrangement in which part or all of the payment for purchased goods or services is in the form of other goo
Elan Coil [88]

A countertrade is a form of trading arrangement in which part or all of the payment for purchased goods or services is in the form of other goods and services.

Barter transactions can be among non-public events, among a non-public party and a sovereign state,' or between sovereign international locations." The countertrade transaction includes a parallel set of duties in which the parties ever undertake to sell items or era to the other in separate however related transactions.

The not unusual function of counter-change preparations is that export income to a particular market is made conditional upon undertakings to simply accept imports from that marketplace. for instance, an exporter can also promote machinery to USA X in a situation where he accepts agricultural merchandise from X for a fee.

A countertrade approach targets temporary corrections in a trending security fee motion to profit. The method involves buying/promoting security that has skilled an impulsive bearish/bullish flow within the hopes that a corrective move higher/decrease will permit them to sell/buy it back at that better/lower fee.

Learn more about countertrade here brainly.com/question/20164312

#SPJ4

8 0
1 year ago
Other questions:
  • Marigold Corp. provides financial consulting and has collected the following data for the next year’s budgeted activity for a le
    7·1 answer
  • The Sherman Antitrust Act (1890)
    5·1 answer
  • Jill wants to save up for a down payment for her first home to be purchased 8 years from now. If she can earn 8% on her savings
    15·1 answer
  • Where notes can be added?
    14·1 answer
  • Linda is the director of HR at Colette Value Inc., a large tax-preparation firm. The firm faces a dearth of tax preparers every
    14·1 answer
  • Kieu Corporation constructs a new warehouse. It pays $100,000 for materials and $70,000 to the general contractor. Architectural
    6·1 answer
  • What is meant by 4/5 rule
    7·1 answer
  • When standard direct labor hours differ from actual direct labor hours used, the company experienced a(n):
    10·1 answer
  • If you attended a performance in which the only scenery was a single, gnarled pine, you would have good reason to guess that you
    6·1 answer
  • With regard to researching and writing a paper with proper citations which behavior is least risky?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!