Answer:
do nothing.
Explanation:
Under the equity method, Johnson's investment in Rockford industries will only vary when Rockford distributes dividends (which reduces the investment amount) or when they earnings or losses. Johnson will recognize 30% f Rockford's earnings as income from is investment, and will also recognize 30% of Rockford's losses as a decrease in its investment (loss). The equity method is not based on stock price.
Answer: Option (A) is correct.
Explanation:
Here, it's given that the shareholders believe jets be utilized for purposes which are in accordance with increasing the profits of Company G.
From the given comprehension the following must be true in order to support the reason behind shareholders' objection: <em>Company G executives usually utilize corporate jets for personal travel. </em>
Since utilizing organizations's corporate jet for private use won't increase it's profit. This explains why the shareholders had an objection to executives' use of the corporate jets.
Answer:
$254,100
Explanation:
The computation of the cost of direct materials used in production is shown below:
= Direct materials purchased + Beginning raw materials inventory - Ending raw materials inventory - Indirect materials requisitioned and used
= $254,000 + $12,000 - $7,900 - $4,000
= $254,100
Hence, all the other information is not considered. Therefore, ignored it
