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
Marina CMI [18]
3 years ago
7

Sells Company accounts for its investment in OFO, Inc. under the available-for-sale method. How should Sells Company record a ca

sh dividend received from OFO
Business
1 answer:
ohaa [14]3 years ago
7 0

Answer:

the journal entry should be:

Dr Cash X

    Cr Dividend revenue X

When a company holds securities as an investment and classifies them as available for sale (AFS), any dividends received will be recorded as revenue.

Dividend revenue is reported in the income statement.

You might be interested in
Brad buys a tablecloth from a department store. When he gets it home, he finds that the color does not go well in his dining roo
lisabon 2012 [21]
No it did not according to the rights of a consumer
3 0
3 years ago
Live Easy, Inc., specializes in dietary supplements that address the specific needs of women over the age of sixty, such as bone
4vir4ik [10]

Answer:

Focused differentiation.

Explanation:

This strategy usually focuses on narrow segments which tends to achieve either an advantageous cost or differentiation.

Differentiation is also said to involves making your products or services different from and more attractive than those of your competitors. How you do this depends on the exact nature of your industry and of the products and services themselves, but will typically involve features, functionality, durability, support, and also brand image that your customers value.

3 0
3 years ago
The online book review magazine, bookreviewusa, offers free access to all their reviews and author interviews; however, only tho
Sphinxa [80]

Answer:

Inform or entertain the audience

Explanation:

This organization provides readers with information and content about the reviews they perform, but if the audience wants to gain access to book extracts, they have to pay for a premium service. This is a strategy to engage new potential consumers and establish a regular base of customers that enhances the web goal of the organization.

7 0
4 years ago
Marketing-channel management is related to which of the four ps?
Usimov [2.4K]
Marketing channel  management is related to place.
3 0
3 years ago
Nancy is gathering information about different cars in order to decide which car she wants to buy. According to the elaboration
jolli1 [7]

Answer:

c. she is personally motivated to devote time and energy to the information.

Explanation:

central route is when you actively think about and weight information against what you already know; considering arguments carefully.

Nancy will be more likely to process this information through the central route if she is personally motivated to devote time and energy to the information.

8 0
3 years ago
Other questions:
  • A law requiring nutritional information on the outside packaging of food products is what type of force in the external marketin
    9·1 answer
  • Outdoor Gourmet Inc. sells gas grills for $275 each. The contribution margin ratio is 40%. If Outdoor Gourmet needs to sell 12,0
    9·1 answer
  • Which of the following statements are TRUE about credit scores?
    12·2 answers
  • Why does platinum cost more than gold?
    14·1 answer
  • Department J had no work in process at the beginning of the period. 18,000 units were completed during the period, and 2,000 uni
    15·1 answer
  • An asset has an adjusted cost basis of $2,400 with a $600 salvage value at the end of its depreciable life of 8 years. Using str
    11·1 answer
  • You have been hired as a research assistant and are given the following data.
    7·1 answer
  • For each cost item, indicate whether it would be variable or fixed with respect to the number of units produced and sold; and th
    12·1 answer
  • Use library or internet resources to locate an article or a case involving one of the following topics (please only pick one; do
    10·1 answer
  • Total transaction costs, based on the assumptions provided, are expected to be:
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!