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
The government should extend the duration of unemployment benefits to those workers who lost their jobs due to outsourcing. This
kvv77 [185]

This is a value assessment in the form of a subjective statement. According to this viewpoint, the period of jobless benefits should be increased. It cannot be verified by the evidence at hand. Therefore, it is a declaration of norm. In the case of a positive assertion, the statement is factual and can be put to the test using the information at hand. However, this claim is subjective and dependent on opinion.

<h3>What is unemployment?</h3>

When someone actively searches for work but is unsuccessful, they are said to be unemployed. It is regarded as one of the important indicators of the health of the economy. The most popular technique for calculating a nation's unemployment rate is the unemployment rate. This may be calculated by simply dividing the entire population that makes up a country's work force by the number of unemployed persons. Governments at the federal, state, and municipal levels frequently work to provide job opportunities to those who fit the requirements they have established. Typically, work is made available to groups of people for a set minimum wage that is sufficient for basic survival and gives them more opportunities to find permanent jobs.

To know more about unemployment, visit;

brainly.com/question/14227610

#SPJ4

7 0
10 months ago
The U.S. unemployment rate moves up and down as the economy moves in and out of recessions. But over time, the unemployment rate
crimeas [40]

Answer:

c.4%

Explanation:

Based on the information provided within the question it can be said that the unemployment rate fluctuates but over time, always returns to a range of around 4%. Throughout history in the United States of America the unemployment rate has gone up and down with the times but always returns to normal. This normality is usually 3.9% with the lowest lately having been 3.6% in September of 2019.

7 0
3 years ago
What does SME stand for
boyakko [2]

Answer:

Subject Matter Expert and Small and Medium Enterprise

Explanation:

the abbreviation for "Subject Matter Expert"

and "Small and Medium Enterprise"

5 0
3 years ago
Read 2 more answers
When preparing a merchandise purchases budget, the required purchases in units equals: Select one: a. budgeted unit sales + begi
miskamm [114]

Answer:

b. Budgeted unit sales - beginning merchandise inventory + desired merchandise ending inventory.

Explanation:

Since, the total purchases in units means the number of units that the company needs to buy after maintaining the necessary closing inventory to meet the budgeted sales. The total units required should therefore be equal to the total of the budgeted sales units and the units for the closing of inventory.

Also, if the opening inventory exists out of the total units required, then that number of merchandise does not need to be purchased as it already exists.

Therefore to reach the required purchase unit we need to add budgeted unit sales and desired merchandise ending inventory and deduct the beginning merchandise inventory.

So, the correct option is b.

8 0
3 years ago
Neon Electronics Inc. sourced touch screens required for its tablet computers, cell phones, and televisions from a manufacturer
Nataly_w [17]

Answer:

C. backward vertical integration

Explanation:

Vertical integration is one in which the supply chain of a clothe producing company is owned by the

Backward integration is a type of vertical integration in which a firms starts to fill in the role it once designated to another in the manufacturing of its product. Backward vertical integration would see a company buying another to fulfill its needs as regarding production.

From the above question, it can be seen that due to the inability of the china firm to meet up with Neon Electronics Inc; it started to produce the touchscreens needed for the tablet computers.

Cheers.

3 0
3 years ago
Other questions:
  • A call center has a total of 12 telephone lines coming into its customer service department, which is staffed by 5 customer serv
    7·1 answer
  • What is the principle of comparative cost advantage​
    12·1 answer
  • RAM stands for _____.
    8·1 answer
  • Collin buys a fixed deferred annuity. Upon annuitization, he chooses the life annuity with period certain payout option. Collin
    12·2 answers
  • Because of the open-air configuration of upscale specialty stores, coupled with entertainment and restaurants, ________ are very
    6·1 answer
  • Bramble sells softball equipment. On November 14, they shipped $3120 worth of softball uniforms to Palos Middle School, terms 2/
    9·1 answer
  • Sound Financials Corporation sends daily e-mail ads to its previous customers and those who have opted to receive the notices. I
    11·1 answer
  • Peggy is the revenue manager at a 1500 room hotel. For next Friday Peggy's PMs shows 300 check-outs, 900 stayovers, 250 transien
    14·1 answer
  • Coates Inc. experienced the following events in 2014, in its first year of operation: (1) Received $20,000 cash from the issue o
    6·1 answer
  • You can buy a $50savings bond today for $25 and redeem the bond in 10 years for its full facevalue of $50. You could also put yo
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!