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
lord [1]
3 years ago
15

Zach Company owns 45% of the voting stock of Tomas Corporation and uses the equity method in recording this investment. Tomas Co

rporation reported a $20,000 net loss. Zach Company's entry would include a _________.a. debit to the investment account for $9,000
b. credit to cash for $9,000

c. credit to a loss account for $9,000

d. credit to the investment account for $9,000
Business
2 answers:
Sunny_sXe [5.5K]3 years ago
6 0

Answer:

d. Credit to the investment account for $9000.

Explanation:

Since Zach company owns 45% of the voting stock in the Tomas corporation and Tomas corporation uses an equity method in recording this investment and it reports a net loss of $20,000.

The Zach company's entry would be Credit to the investment account for $9000.

- Calculations: $20000 * 0.45 = 9000.

Hope this helps.

ThankYou.

andriy [413]3 years ago
3 0

Answer:

The correct answer is option D. credit to the investment account for $9,000

Explanation:

0.45 x $20,000 = $9,000

Hence the answer is D. credit to the investment account for $9,000

You might be interested in
Green Glass recently pays dividends. Future dividends are projected at $2.5, $3.5, and $4.5 over the next three years, respectiv
Evgen [1.6K]

Answer:

The price of one share of such a stock today is $49.86

Explanation:

The stock's price today under the Dividend discount model can be calculated by discounting the expected future dividends to the present value using an appropriate discount rate. When the dividend growth becomes constant, we calculate the terminal value and discount it back too. The appropriate discount rate is the required rate of return. The worth of one of such stock today is,

V0  =  2.5 / (1+0.12)  +  3.5 / (1+0.12)^2  +  4.5 / (1+0.12)^3  +  

[4.5 * (1+0.04) / (0.12 - 0.04)]  /  (1+0.12)^3

V0 = $49.86

4 0
3 years ago
the ongoing responsibilities of the security manager. What other components of security management, as outlined by this model, c
Allushta [10]

Answer: the other components that can be used include risk assessment, quality assurance check, strategic security frameworks and mode of governance.

Explanation:

Security management is simply a process that involve identification of an organisation's assets including the employees, customers, machines, Information assets followed by means to protect these assets. Organizations use these security management procedures and implementation to check risk, quality and threats.

Security manager should be a manager with the following attributes ;

- to implement a decent security/plan

- to lead actively

- to organise and control security function.

-to implement a good quality assurance check.

3 0
3 years ago
Leaders who function primarily by clarifying role and task requirements to accomplish established goals exhibit a(n) ________ st
aksik [14]

Answer: transactional

Explanation:

5 0
3 years ago
What are the biggest obstacles facing walmart and other foreign retailers in india?
ivanzaharov [21]
Walmart and other foreign retailers in India will face problems related to
• Cultural differences.
• Governmental obstacles will also affect foreign companies to do business in India.
• There are lot of small business competitors that can also pose threat to Walmart and foreign companies.
• People in India, would prefer to buy products from smaller store rather than big shopping mall.
5 0
3 years ago
A retail store credited the sales revenue account for the sales price and the amount of sales tax on sales. if the sales tax rat
alexira [117]
We have to calculate the amount of the sales taxes owed to a taxing agency.
The tax rate is 5% ( 0.05 ) and the balance in the sales revenue account amounted to $294,000.
$294,000 * 0.05 = $14,700
Answer:
Amount of the sales taxes is B ) $14,700.
8 0
3 years ago
Other questions:
  • Cujo invested $2,500 in an account earning 3.4% annual interest that is compounded semi-annually. How long will it take the inve
    14·2 answers
  • % of the world's population controls approximately _____% of the world's finances (the sum of gross domestic products)" quizlket
    8·1 answer
  • According to gaetano mosca, every society is stratified by ________ to ensure that society's work gets done.
    10·1 answer
  • Violet negotiates with Urban Credit Corporation to obtain a loan for $85,000 to buy a home. During the negotiations, Urban Credi
    9·1 answer
  • Malcolm faced resistance from the team most likely because he did NOT utilize which of the following influence tactics?
    9·1 answer
  • Good weather in central and south america increases the supply of coffee beans by 25%. This can be expected to cause _______ in
    15·1 answer
  • Qualitative factors are non-financial in nature but are important for management to consider when making decisions. Reflecting o
    14·1 answer
  • Sea Side Enterprises is trying to predict the cost associated with producing its anchors. At a production level of 5 comma 500 ​
    12·1 answer
  • Can anyone please make me the brainest please​
    6·1 answer
  • _____ are the materials and resources as they are transformed by an organization's technology component.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!