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romanna [79]
3 years ago
6

Under the equity method, dividends declared by a subsidiary are accounted for by the parent as Select one: A. decrease in Equity

Investment, but only if it is a liquidating dividend. B. dividend revenue. C. increase in Equity Income. D. decrease in Equity Investment.
Business
1 answer:
SIZIF [17.4K]3 years ago
6 0

Answer: D. decrease in equity investment

Explanation:

A decrease in the owner's equity occur when a company loses money during the normal course of the business and when the owners need to move equity into normal business operations.

But in this case under the equity method, dividends declared by a subsidiary are accounted for by the parent when there is decrease in equity investment.

Equity also decreases when an owner withdraws money for personal use.

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The following financial information is presented for three different companies. Determine the missing amounts.
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Answer:

Note: <em>The organized question is attached</em>

<em />

d. Net income = Income from operating - Other expenses and losses

Net income = $15,000 - $4,000

Net income = $11.000

f. Gross profit - Sales - Cost of goods sold

$38,000 = $95,000 - Cost of goods sold

Cost of goods sold = $95,000 - $38,000

Cost of goods sold = $57,000

h. Income from operations = Net income - Other expenses and losses

Income from operations = $11,000 + $7,000

Income from operations = $18,000

g. Income from operations = Gross profit - Operating expenses

$18,000 = $38,000 - Operating expenses

Operating expenses = $38,000 - $18,000

Operating expenses = $20,000

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2 years ago
A(n) ________ is defined as a distinct unit within a brand or product line distinguishable by size, price, appearance, or some o
PSYCHO15rus [73]

Answer:

The correct answer is stockkeeping unit.

Explanation:

In the field of inventory management, an inventory maintenance unit or SKU refers to a specific item stored in a certain place. The SKU is considered the most disaggregated level when talking about inventory. It is assumed that the units stored in the same SKU are indistinguishable. The introduction of the SKU concept simplifies most inventory control operations. SKUs are sometimes used to designate intangible items, as guarantees; however, in this article we will focus on SKUs that designate tangible items.

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kvv77 [185]

Answer:

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