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Helen [10]
2 years ago
8

If Pop Company exercises significant influence over Son Company and owns 40% of its common stock, then Pop Company: a. Would rec

ord 40% of the net income of Son Company as investment income each year. b. Would increase its investment account when Son Company declares dividends. c. Would record dividends received from Son Company as investment revenue. All of these answer choices are correct.
Business
1 answer:
PolarNik [594]2 years ago
4 0

Answer:

If Pop Company exercises significant influence over Son Company and owns 40% of its common stock, then Pop Company would record 40% of the net income of Son Company as investment income each year - option A is the most correct answer.

Explanation:

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Answer:

The correct answer is option C.

Explanation:

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The points above the curve show those bundles that are unattainable. This is because these bundles need more resources to be achieved.

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2 years ago
Shakira has a balance of $202. 86 in her checking account on Saturday morning. She uses her debit card to pay her cell phone bil
Nataly [62]

Overdraft is a facility provided by bank to make expenses more than that of the balance present in the account of customers. This facility is provided to certain specified customers with high credibility.

Given

Balance is $202.86

Note: Payments will be recognized in descending order because it is the policy of bank to record the highest transaction first.

Payments made are :

$113.92

$80.73

$35.24

$16.89

<h3>Calculations</h3>

\begin{aligned}\rm Overdraft&= Balance - Payments \\\\&#10;\rm Overdraft&= \$202.86-\$113.92-\$80.73-\$35.24-\$16.89\\&#10;\\\rm Overdraft&= \$ -43.92\end

Therefore Shakira will be allowed to overdraw from the account as the amount of overdraft is less than $50.

Elaborating further, When we deduct the payments from the balance in descending order we reach on a conclusion that there will be 2 overdrafts made because after deducting $113.92 and $80.73 from the balance amount of $202.86 there will be 2 payments pending amounting $35.24 and $16.89 from the left balance of $ 8.21.

Therefore the correct option will be OPTION B i.e. 2 overdrafts.

Learn more about overdrafts here:

brainly.com/question/14182019

7 0
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Reading market news by non-U.S.-based publications will help:
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Explanation:

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