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3 years ago

Kermit calculated his total asset turnover to be 1.13. this tells kermit that:

1 answer:

3 0

Since Kermit calculated his total asset turnover to be 1.13, this tells Kermit that every dollar of assets generates $1.13 in sales.

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Parent Inc. purchased 30% of the common stock of Affiliate Co. on January 1, YR01 for $5,000 and appropriately accounted for thi

blondinia [14]

Answer:

net cash from investing activities = -$4,940

operating and financing activities are not affected.

Explanation:

the journal entries should be:

January 1, socks purchased

Dr Investment in Affiliate 5,000

Cr Cash 5,000

December 31, dividends received

Dr Cash 60

Cr Investment in Affiliate 60

December 31, Affiliate reports net income

Dr Investment in Affiliate 300

Cr Revenue from investing activities 300

Only the cash flow from investing activities will be affected by Parent's investing in Affiliate. Since the company uses the equity method, the operating and financing cash flows are not affected.

The cash flow from investing activities will:

Decrease by $5,000 due to the purchase of stocks.
Increase by $60 due to the dividends received.
net cash from investing activities = -$4,940

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3 years ago

Simple difinition of organized

svp [43]

Answer:

Make arrangements or preparations for (an event or activity)

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3 years ago

The government should extend the duration of unemployment benefits to those workers who lost their jobs due to outsourcing. This

AlladinOne [14]

Answer:

Option D

Explanation:

A positive or explanatory statement in the humanities and psychology is about what "is," "was" or "will be," and does not involve any impression of acceptance or rejection.

The positive explanation is supported by empirical evidence. For eg, "A rise in taxes would lead to less usage" and "A decrease in fuel production would cause an increase to its value."

Positive assumptions are commonly used to explain the observable, such as the inflation rate in a country. These are primarily used to explain hypotheses and principles.

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3 years ago

owns a Dell laptop computer. She uses the computer in class and her classmates can see the Dell logo when she uses her laptop. O

erastovalidia [21]

Complete question:

Trudy owns a Dell laptop computer. She uses the computer in class and her classmates can see the Dell logo when she uses her laptop. One of her classmates is looking to purchase a new laptop and asks Trudy her opinion of Dell computers. Trudy informs her classmate that she is satisfied with her laptop and recommends that her classmate purchases one, too. For Dell, Trudy is exhibiting some of the benefits of _____.

a. brand recognition

b. brand equity

c. brand insistence

d. brand loyalty

e. brand mark

Answer:

For Dell, Trudy is exhibiting some of the benefits of brand loyalty .

Explanation:

Brand loyalty is described as favorable emotions towards the company and willingness to buy the same product or service consistently from the same company now and in the future, irrespective of the behavior of the rival or adjustments in the world.

Corporations spend large sums of money in customer support and promotions in order to create and retain brand awareness with the existing commodity.

Coca-Cola Corporation is an example of an established company that has culminated in consumers showing brand loyalty in light of Pepsi's beverages and advertisement campaigns over the years.

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3 years ago

Novak Company purchased Machine #201 on May 1, 2020. The following information relating to Machine #201 was gathered at the end

blondinia [14]

Answer:

i am stuck as well

Explanation:

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3 years ago