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JulsSmile [24]
3 years ago
8

Clocktower Corporation reported net income for the current year of $370,000 and paid cash dividends of $50,000. Slide Company ho

lds 40 percent of the outstanding voting stock of Clocktower. However, another corporation holds the other 60 percent ownership and does not take Slide’s wants and wishes into consideration when making financing and operating decisions for Clocktower. What investment income should Slide recognize for the current year?
Business
1 answer:
oksian1 [2.3K]3 years ago
6 0

Answer:

20,000

Explanation:

To find the net investment income per share of a company, divide the total investment income by the shares outstanding. This amount is what is available to shareholders as dividends. A publicly-traded company must list its net investment income on its balance sheet.

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ICE Princess25 [194]

Answer:

The correct answer is letter "B": person-based.

Explanation:

Schemas are mental constructions that help understanding or classifying certain topics easily. Person-based schemas, then, allow individuals to qualify people. The problem with schemas is that they are limited. Using schemas could represent avoiding information that could be useful to understand one person. Person schemas could include information such as appearance, personality or behavior.

5 0
4 years ago
Lasseter Corporation has provided its contribution format income statement for August. The company produces and sells a single p
Margarita [4]

Answer:

$93,600

Explanation:

The computation of the total contribution margin is shown below:

Given that

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= $91,800 × 5,200 units ÷ 5,100 units

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5 0
4 years ago
True or false?<br><br> 2 best friends are one mind in 2 bodies?
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Answer:

True

Explanation:

because they are I hope its right

4 0
3 years ago
Read 2 more answers
On December 31, 20X1, Deal, Inc. failed to accrue the December 20X1 sales salaries that were payable on January 6, 20X2. What is
Rashid [163]

Overstated No effect

Explanation:

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