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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  

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The following information is related to Alpha Company:
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Answer:

c. $5.1 per hour.

Explanation:

Estimated Manufacturing overhead = $249,000

Estimated direct labour hours = 50,000

Predetermined overhead Rate = Estimated Manufacturing overhead / Estimate direct labor hours

Predetermined overhead Rate = $249,000 / 50,000

Predetermined overhead Rate = $4.98

The given is inconsistent with the options given in this question. A similar question is attached with this answer. The following answer is made according to the attached question. please find that.

Estimated Manufacturing overhead = $254,000

Estimated direct labour hours = 50,000

Predetermined overhead Rate = Estimated Manufacturing overhead / Estimate direct labor hours

Predetermined overhead Rate = $254,000 / 50,000

Predetermined overhead Rate = $5.08 = $5.1 per hour

3 0
3 years ago
The _____ market is a market in which the demand for and supply of money determine an interest rate or opportunity cost of holdi
jek_recluse [69]

Answer:

Money

Explanation:

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3 years ago
Casey Communications recently issued new common stock and used the proceeds to pay off some of its short-term notes payable. Thi
SVEN [57.7K]

Answer:

The company's current ratio increased.

Explanation:

What would happen to this company is that the company's current ratio would increase. The current ratio refers to a ratio that measures the company's capacity to fulfill its short-term obligations, usually within a year. Therefore, this can also be considered a liquidity ratio. The way in which it does it is by comparing the company's current assets to its current liabilities. The current ration in this case would increase due to the fact that the company used the money to pay off some of its short-term notes payable.

8 0
3 years ago
Matthew manages the sales team at an information technology (IT) firm. His focus is to conduct business in accordance with his f
Romashka-Z-Leto [24]

Answer: utilitarian

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Utilitarianism: this is one of the oldest, best known and most influential moral theories.

Like other forms of moral theories, its core principles is that whether an action is morally right or wrong depends on the final outcome or effects of such actions.

To be more specific, the only effects of actions that are relevant here are the good and bad results that they produce that such action produces nothing else matters.

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At the completion of a long project, aileen gives her assistant a day off with pay to acknowledge all of his hard work. This is an example of reward power.

<h3>What is reward?</h3>

The reward system is a collection of brain structures that are responsible for incentive salience, associative learning, and positively-valenced emotions, particularly those that have pleasure as a key component.

When it comes to benefits and incentives, rewarding employees is one of the most effective strategies to increase retention and employee happiness. According to Think Smart research, firms that use incentive programs achieve their goals with a 79 percent success rate when the right reward is presented.

78 percent of employees said recognition stimulates them in their job, while a combined 68 percent of respondents in REBA's The Rewards Report 2016 indicated recognition with a reward helped them feel valued or motivated at work.

To know more about reward follow the link:

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