Answer:
c. debit to the investment account for $12,500.
Explanation:
The computation is shown below:
= Net loss reported × owning percentage
= $50,000 × 25%
= $12,500
Simply we multiplied the reported net loss and its owning percentage so that the accurate loss amount can come
Since it is a net loss, so it would be debited to the investment account for $12,500
Hence, all other options are wrong except option c.
Answer:
3) Corporations use acquisition as a substitute for innovation.
Explanation:
The fastest way in which a corporation can enter a new market or develop new products is through buying existing companies that already operate in the new target markets or have developed the new products that the corporation wishes to sell.
Research and development is very costly and time consuming, and on many occasions the results aren't even good or are not as good as expected. By acquiring a smaller company that has already developed the product, then the corporation might even save money.
I think the correct answer is c , hope I helped
Answer:
$25,400
Explanation:
Equity which represents the amount owed to the owners of the business includes retained earnings (which is the accumulation of the net income/loss over the years less dividends paid) and common shares.
The movement in the retained earnings balance may be expressed as
Opening balance + net income - cash dividend paid = closing retained earnings balance
Cash dividend declared - Cash dividend paid = Cash dividend payable
$49,000 - Cash dividend paid = $23,600
Cash dividend paid = $49,000 - $23,600
= $25,400
It take a lot because a house is bigger the a shed
