1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ket [755]
3 years ago
15

Company A accounts for its investment in Company B under the equity method. Company A carried the Company B investment at $150,0

00 and $165,000 at December 31, 2020, and December 31, 2021, respectively. During 2021 Company B recognized $80,000 of net income and paid dividends of $30,000. Assuming that Company A owned the same percentage of Company B throughout 2021, its percentage ownership must have been:
Business
1 answer:
Gnoma [55]3 years ago
3 0

Answer:

30%

Explanation:

Calculation for its percentage ownership

Percentage of ownership=($80,000 - $30,000)/$165,000

Percentage of ownership=$50,000/$165,000

Percentage of ownership = 30%

Therefore Assuming that Company A owned the same percentage of Company B throughout 2021, its percentage ownership must have been:30%

You might be interested in
Adverse selection occurs in the market for used cars because used car buyers ______
umka2103 [35]
Have less information than used car sellers
4 0
3 years ago
Zeto Bank requires its customers to provide their customer identification number, their respective passwords, and a one-time pas
olya-2409 [2.1K]

Answer:

the correct answer is "Mobile Banking".

Explanation:

Mobile banking is doing banking and related financial activities such as money deposits, withdrawals, bill payments, issuing standing orders, checking the balance amount and opening/closing accounts through the internet and the mobile devices.

Mobile banking is more popularized through the launch of new applications in the iOS and Android platforms.

Mobile banking has made it easier for the customers to do banking related activities and it has made it easier for the banks to process more transactions without increasing their number of employees.

7 0
3 years ago
The state of Indiana charges a 6% sales tax on most consumer goods. Grant purchased a generator for $400 and paid an additional
faltersainse [42]

Answer:

the correct answer is

The $400 retail price of the generator.

good luck

8 0
3 years ago
A pay policy line Question 36 options: can be generated using a statistical method called regression analysis. can seldom provid
pentagon [3]

Answer:

A pay policy line <u>reflects the pay structure in the market, which always matches rates in the organization.</u>

Explanation:

A pay policy line is the salary level and organization chooses to pay its employees compared to the standard salary level in the market.

Organizations would prefer not to overpay or underpay their employees. Therefore they consider the standard pay structure of the market and match the amount they pay their employees to this structure.

8 0
3 years ago
Under the sales comparison approach to valuation, a subject property has 3 bedrooms, two bathrooms and is on a golf course. The
kondaur [170]

Answer:

The subject property should be valued at $760,000

Explanation:

Sales comparison approach to valuation in real estate values properties by comparing their similar characteristics, and the features are priced. The total value of a property is thus the addition of all features.

In the instance given, both properties have 3 bedrooms and 2 bathrooms and so using comparison theses features are equally priced at $690,000.

So the property with the golf course will have $690,000 added to the value of the golf course ($70,000).

That is $760,000.

8 0
3 years ago
Other questions:
  • Grey Corporation has $100,000 of accounts receivable on December 31. The unadjusted balance of its Allowance for Doubtful Accoun
    7·1 answer
  • What are three ways you can prevent others from committing check fraud with your check​
    13·1 answer
  • Which of the following statements about minimum payments is incorrect?
    8·2 answers
  • An insured has a primary group health plan and an excess plan, each covering losses up to $10,000. The insured suffered a loss o
    8·1 answer
  • Which of the following statements is correct? A. The Federal funds rate is the rate banks charge their most creditworthy custome
    12·1 answer
  • What must be done if a transaction increases the left side of the accounting equation?
    10·2 answers
  • The reported net incomes for the first 2 years of Sarasota Products, Inc., were as follows: 2020, $155,500; 2021, $188,100. Earl
    5·1 answer
  • Consider a perfectly competitive market in which all firms have the same costs. Choose the statement that is incorrect.
    15·1 answer
  • Companies employing total quality management (TQM) programs know that Multiple Choice quality control should be incorporated onl
    8·1 answer
  • When power or influence within an organization flow to individuals or leaders who have the ability to help an organization or gr
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!