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ollegr [7]
3 years ago
9

A parent company received dividends in excess of the parent company’s share of the subsidiary’s earnings subsequent to the date

of the investment. How will the parent company’s investment account be affected by those dividends under each of the following accounting methods?
Business
1 answer:
Zarrin [17]3 years ago
5 0

Answer: Regardless of the method that is applied, the investment account of the parent company will be reduced by the collection of dividends. In other words, if the cost method is applied, the investment account of the parent company will be reduced and if the Partial Equity Method is applied, the investment account of the parent company will be reduced.

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Xyz inc. has total debt ratio of 0.62. calculate the company's equity multiplier.
sergiy2304 [10]
The equity multiplier is obtained by adding one to the debt ratio.

Therefore, the equity multiplier of XYZ inc is given by 1 + 0.62 = 1.62
6 0
3 years ago
Jana has spent the last year traveling to different operations for her company. She visited factories in Mexico and Thailand, a
Elodia [21]

The question is incomplete, in order to complete the sentence, it follows with the description, “Jana noticed that it seemed easy to convince people to work together for the good of the group. How would you characterize this trait?”

 

Based on the question above, Jana can be characterized as a collectivist by which is defined as a practice or principle of where an individual prioritizes other group than any or over any individuals.

4 0
3 years ago
Del is buying a $250,000 home. He has been approved for a 5.75% mortgage. He was required to make a 15% down payment and will be
alukav5142 [94]

Answer:

Del is expected to prepaid to pay $535.62 in prepaid interest at the closing.

Explanation:

The down payment of 15% is $250000*15%=$37500

The balance of mortgage net of down payment=$250000-$37500

                                                                               =$212500

Interest yearly=$212500*5.75%=$12,218.75

A year interest divided by 365days give one day interest.

A day interest=$12218.75/365=$33.48

Total interest  to pay at closing=16days*$33.48

                                                     =$535.62

The number of days was 16 because July has 31days and deal was closed on 15th,hence 31 minus 15 gives 16.

4 0
3 years ago
The earned income credit: a.Must be calculated on earned income as well as adjusted gross income in some cases. b.Cannot exceed
k0ka [10]

Answer:

The correct answer is letter "A": Must be calculated on earned income as well as adjusted gross income in some cases.

Explanation:

The Earned Income Credit is a refund the government issues to taxpayers in case their earned income or Adjusted Gross Income (AGI) is lower than the amount of taxes they need to pay. The maximum earned income to qualify for an earned income credit also depends on the number of children in the household, and if the file return is submitted jointly.

3 0
3 years ago
Ambiguity can arise as to whether receivables have been sold or instead are being used as collateral for a loan whenever certain
victus00 [196]

Answer:

is whether the transferor surrenders control over the receivables

Explanation:

In Sales of Receivables and Collateralized Borrowing,.companies do not want to wait for payments to arrive as they simply quickens cash collection with help of bank or financing company and also factoring and collateralized borrowings are various means to speed up cash collections. In Collateralized borrowing, receivables are simply collateral. Company gets cash from bank and is saddle with the responsibility for repaying loan.

Issues regarding collateralized borrowing are the sales of receivables had the purchaser is called a factor, borrowing using receivables as collateral and accounts receivable is not wipe off from seller's books.

6 0
3 years ago
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