Answer:
(C) Unaffected.
Explanation:
This is a change in estimate. No prior period adjustment is needed.
Answer:
See below
Explanation:
a. At the end of the year, before distribution, each shareholder's basis
= $400,000 + $100,000 + $50,000
= $550,000
b. After the distribution, each shareholder's basis is
= $300,000 + $200,000
= $500,000
c. Therefore, each shareholder has
$250,000 worth of dividend income.
Answer: B. promote responsible drinking and curb underage drinking before it starts.
Explanation:
Anheuser-Busch Companies, LLC is simply a brewery company as it produces alcoholic drinks.
Corporate Social Responsibility is when companies contribute a positive impact to the economy. This can be in form of giving scholarships to students, construction of infrastructure etc.
Anheuser-Busch established its Corporate Social Responsibility (CSR) Department to promote responsible drinking and curb underage drinking before it starts.
