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Answer:
a very nice qualification a very nice both song
Answer:
2) Debit to Cash (for dividends received from the investee), and a Credit to Dividend Revenue.
Explanation:
Whenever the investment is made in shares of a company where the investor can exercise significant influence, then equity method is used.
Under equity method, it is that all incomes of investee company are incomes of investor company.
And any amount of income received as a distribution is deducted from the carrying value of investment, as reduces the cost of investment.
Thus, any dividend received is debited and investment account is credited.
Dividend is never treated as dividend revenue.
Thus, option 2 is not correct.
Answer:
C. Sell 28,000,000 rubles
Explanation:
By doing so, the company will <u>immediately receive</u> the amount equivalent in Canadian Dollars by selling 28 million rubles in forward and after 90 days when the invoice amount (28 million rubbles) is received from building the pipeline, will be used to netting of the forward contract.
In this way, company can hedge the currency exposure, and reduce the risk which can be generated from currency volatility.
Answer: A deferred call provision prohibits the bond issuer from redeeming callable bonds prior to a specified date.
Explanation:
A deferred call provision refers to the provision whereby the calling of a bond before a particular date is prohibited. The bond is known to be call protected during this period.
Therefore, a deferred call provision prohibits the bond issuer from redeeming callable bonds prior to a specified date.
