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Aneli [31]
3 years ago
13

E2-6 Investment Income LO 2-2, 2-3 What net income would Ravine Corporation have reported for each of the years, assuming Ravine

accounts for the intercorporate investment either by carrying the investment at fair value, or by using the equity method?
Business
1 answer:
zheka24 [161]3 years ago
4 0

Answer: investment Income

Explanation: By Carrying  the Investment at fair Value or by using equity method would ensure that the investment income is spread adequately across the Corporation over the years be it two years or three years. This would also help the corporation to make proper planning around their budget and finances as regards to units in the corporation.

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In 2009, Modern Electronics, Inc. produced 60,000 calculators, employing 80 workers, each of whom worked 8 hours per day. In 201
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a.  Production decreased by 4 percent

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3 years ago
Karen Wilson and Katie Smith are looking at the company's health care options and trying to determine how much their net pay wil
Rufina [12.5K]

Answer:

Without cafeteria plan Karen taxable income is 2250 dollars and with cafeteria plan the taxable income is $2135.

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A married women Karen earns = $2250

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If the Karen accept to participate in the cafeteria then her taxable income is $2250 - $115 (contribution) = $2135

If Katie declined to participate in the cafeteria then her taxable income is $2075 (wages).

If Katie accept to participate in the cafeteria then her taxable income is $2075 - $115 (contribution) = $1960

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