Answer:
$372,000
Explanation:
The computation of the amount to be reported in the balance sheet is shown below:
= Number of shares of common stock × fair value of the Papa stock on that date per share
= 6,200 shares × $60
= $372,000
Since in the question it is given that the Nana company does not have significant influence over Papa Company which means that the net income, retained earning, dividend is not be considered.
Therefore, the investment should be reported at the fair value
Answer:
Someone already gave the correct answer so look above me
Answer:
The answer to this question is C. Training and Development
Explanation:
Assigning Jack to a virtual mentoring group to learn about the culture of ACME global is an example of how social media helps business.
Before resumption of duties, the New employees alongside Jack would have been familiarized with the environment they will be working in and would have been exposed to some required knowledge they are suppose to have about their jobs and about the organisation itself.
Hence the scenario above is an example of how social media is used in Training and Development
