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
The Atlantic Division of Stark Productions Company reported the following results for 2016:
stepladder [879]

Answer: so just reduce the numbers by 10%.  Don't calculate tax.  Then Increase by 500,000.

Explanation:

8 0
3 years ago
What are the types of information salespeople need to prepare for sales dialogue?
Novosadov [1.4K]

Answer:

The answer is:

The more a salesperson knows about their potential buyers, the better he (or she) will perform and the more he (or she) will sell.

They should gather relevant information about the potential buyer (e.g. needs, demographics or preferences) to help them prepare their sales presentation.

 

8 0
3 years ago
Profit on sale of fixed assets is used to creat
Nadya [2.5K]

Answer:

profit and loss account

Explanation:

The turnover ratio of total working capital shows the success of working capital management. It is in fact a ratio that expresses how many times on average, during one year, working capital was used to pay the total expenses of the company.

A combination of data from the balance sheet and income statement is obtained, more specifically, it is the ratio of total business spread and average working capital of the company

4 0
3 years ago
In a spreadsheet, what is a line of data organized vertically, from top to bottom? A. A row B. A column C. A table D. A cell
inna [77]
The answer to this question is b
8 0
3 years ago
Read 2 more answers
The federal government or private associations might fund________to help an entrepreneur finance a new business.
Mice21 [21]
I’m positive it’s a loan
3 0
3 years ago
Read 2 more answers
Other questions:
  • Lens Care Inc. (LCI) manufactures specialized equipment for polishing optical lenses. There are two models - one mainly used for
    7·1 answer
  • What is corporate image or corporate identity
    13·1 answer
  • Institutional review boards help to ensure the safety of subjects of review. who sits on such a board?
    6·1 answer
  • Honey Bell Corporation Eclipse Product Expected Sales 10,000 units Direct material and labor costs $ 150 per unit Variable manuf
    9·2 answers
  • Discuss five ways negotiators can get along in order for their cultural background not to affect their bargaining process?
    5·1 answer
  • What the fraction of 0.10 ;)<br><br><br> Anyone live in ny (only answer if you live in ny)
    8·1 answer
  • Assume that you are nearing graduation and have applied for a job with a local bank. As part of the bank's evaluation process, y
    15·1 answer
  • Companies that have preferred stock outstanding promise to pay a stated dividend for an infinite period. Preferred stock is trea
    11·1 answer
  • What type of decision making will a person use in purchasing a<br> microwave?
    13·1 answer
  • e-business is the exchange of goods and services among individuals, typically facilitated by a third party.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!