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Ludmilka [50]
3 years ago
15

GAAP regarding fair value accounting for investments in equity securities will generally apply to an investment when the percent

age of ownership of another company is:_______a. less than 20%b. 20% to 50%c. over 50%d. exactly 100%
Business
1 answer:
Mice21 [21]3 years ago
4 0

GAAP regarding fair value accounting for investments in equity securities will generally apply to an investment when the percentage of ownership of another company is less than 20%

Explanation:

GAAP represents a mix of normal powers (laid down by strategy committees) and generally accepted methods of footage and investigating accounting data. The objective of GAAP is to make economic information communications clare, coherent and comparable.

GAAP acknowledges that you are likely to have "strong influence" for your enterprise that your firm maintains between 20 and 50% of the assets and may involve that you disclose the expenditure in your overall financial assertions underneath the regulations of the investment procedure.

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stepan [7]

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6 0
1 year ago
Which of the following is true of resumes?
N76 [4]

Answer:

Hello! Your answer would be, BELOW

Explanation:

Job objective should be listed last

Use action words when describing your experience.

These are the statements that are true about resumes. Resumes should include job objectives. However, these should be listed at the end of the resume. A second thing to remember when drafting a resume is that it is important to use action words to describe your experiences. This is because the statements become more interesting, and because this structure will highlight the role that you played in each instance.

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5 0
3 years ago
Crossroad Corporation is trying to decide whether to invest to automate a production line. If the project is accepted, labor cos
Harlamova29_29 [7]

Answer:

The incremental revenue the company gets is:

= Labor cost decrease - Other cash increase

= 753,000 - 216,000

= $537,000

Depreciation = 105,000/ 9

= $11,667

Annual Cashflows (Year 1 - 9)

= (Incremental revenue - Depreciation) * ( 1 - tax) + Depreciation

= (537,000 - 11,667) * (1 - 34%) + 11,667

= $‭358,386.78‬

Cashflow in year 0

= Cost of equipment + Investment in net working capital

= -105,000 - 24,000

= -$129,000

3 0
3 years ago
David paid $975,000 for two beachfront lots in coastal South Carolina, with the intention of building residential homes on each.
Gnoma [55]

Answer:

The correct answer would be, Yes South Carolina would be compensating David as his property is now economically valueless.  

Explanation:  

Under the taking clause, 'The Beachfront Management Act was properly and validly designed to preserve South Carolina's beaches', which means that no one will be allowed to do any development project near beaches in order to save the beaches.  

Though it is already written in the Act, The Beachfront Management Act barred any further development on the coasts of Carolina, which makes the purchased property of David as economically valuless, so South Carolina would be compensating him as the law has passed and they won't allow further development but they need to compensate the people who purchased the property on the beaches for the purpose of future business.

7 0
3 years ago
A.j. is applying for a new job with a large company. as part of the application process,
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