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
nordsb [41]
3 years ago
12

Slide Corporation reported net income for the current year of $370,000 and paid cash dividends of $50,000. Power Company holds 4

0 percent of the outstanding voting stock of Slide. However, another corporation holds the other 60 percent ownership and does not take Power’s input into consideration when making financing and operating decisions for Slide. What investment income should Power recognize for the current year?
Business
1 answer:
expeople1 [14]3 years ago
7 0

Answer:

$20,000

Explanation:

Since Slide Company does not have any controlling interest which is ability to influence the decision making.

In Power Company, it should recognize the amount of below as dividend income in the current year,

50,000 * 40% = $20,000  

You might be interested in
How to become a firefighter. I want to become one.
ladessa [460]

Answer:

-valid driver's license

- 18 years old or more (for  younger than 18 you can look into limited involvement as a junior firefighter.)

- At least a high school diploma or GED.

- pass the physical ability test.

- Pass the written exam

- pass the interview

-You’ll still need to attend a department’s academy once hired

(may be differnt depending on your state, country, etc)

<3

5 0
3 years ago
You and a rival are engaged in a game in which there are three possible outcomes: you win, your rival wins (you lose), or the tw
kherson [118]

Answer:

A) There is a 50% chance the game ends in a tie, 10% chance you win (and therefore a 40%  chance you lose).

expected value = (50% x 20) + (10% x 50) + (40% x 0) = 10 + 5 + 0 = 15

B) There is a 50-50 chance of winning and there are no ties.

expected value = (50% x 50) + (50% x 0) + = 25 + 0 = 25

C) There is an 80% chance you lose and a 10% chance you win or tie.

expected value = (10% x 20) + (10% x 50) + (80% x 0) = 2 + 5 + 0 = 7

The expected value of an event is determined by adding up all the possible outcomes multiplied by their respective value.

6 0
3 years ago
Globalization increases the interdependency of the world's countries. Inflation in one country would most likely
Lina20 [59]
The correct answer for the question that is being presented above is this one: "D. relate to inflation in other countries." Globalization increases the interdependency of the world's countries. Inflation in one country would most likely <span>relate to inflation in other countries.</span>
Here are the following choices:
<span>A. not impact inflation in other countries
B. cause deflation in other countries
c. result in stagflation in other countries
D. relate to inflation in other countries</span>
7 0
3 years ago
Angelina has again found herself frustrated at work. Her manager, for whatever reason, never makes a decision. If anything is to
hichkok12 [17]

Answer:

The correct option is E , laissez-faire

Explanation:

Option A,autocratic is not correct since the scenario painted an opposite scenario and autocratic approach to management means the manager tells the subordinates what to do.

Bureaucratic is when decision making is slow because many stakeholders are expected to jointly decide.

However,laissez-faire is an approach where subordinates are allowed to think out of the box and get tasks accomplished without manager's interference.

8 0
3 years ago
7. A decrease in supply will result in which of the following?
Inga [223]

Explanation:

C. Both demand and supply change

8 0
2 years ago
Read 2 more answers
Other questions:
  • Last year, Tinklenberg Corporation's variable costing net operating income was $52,400 and its inventory decreased by 1,400 unit
    6·2 answers
  • What actions could employers and government take to encourage saving in society?
    12·1 answer
  • Matt purchases 4 boxes of spinach and 3 pounds of tomatoes per month when the price of spinach is $1.50 per box. He purchases 5
    14·2 answers
  • Individuals are said to be collaborating when:_________.A) they have reciprocal faith in others' intentions and behaviors.B) the
    12·1 answer
  • Calculate the predetermined overhead rate per direct labor hour if the average direct labor rate is $12.21 per hour. 2. Determin
    10·1 answer
  • Juan finished the special report for the vice president of marketing. He spent many extra hours compiling this report and knows
    12·1 answer
  • On January 1, 2021, Gillock Climbing Academy instituted a defined benefit pension plan for its employees. The annual service cos
    5·1 answer
  • Lindon Company is the exclusive distributor for an automotive product that sells for $54.00 per unit and has a CM ratio of 30%.
    14·1 answer
  • Which economic system has no formal government ​
    5·1 answer
  • What is a determinant of demand that would cause demand to increase?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!