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Murljashka [212]
3 years ago
7

Self-interest is not necessarily selfish, some say. In fact, self-interest likely includes an individual’s consideration for:___

__.
a. humankind as a whole.
b. close friends and family.
c. a strangers.
Business
1 answer:
dolphi86 [110]3 years ago
3 0

Answer:

b. close friends and family.

Explanation:

In the given situation it is mentioned that the self-interest does not significant that it is for selfish it involved the individual consideration for the close friends and family. As if we talk about self-interest so it would be considered for the same i.e. close friends and family but not for the strangers

Therefore as per the given situation the option b is correct

And the rest of the options are incorrect

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At a total cost of $5,600,000, Herrera Corporation acquired 280,000 shares of Tran Corp. common stock as a long-term investment.
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Answer:

1.

Date            Account title                                            Debit                Credit

Dec. 31        Investment in Tran Corp.                     $210,000

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Working:

Herrera owns 280,000 out of 800,000 Tran Corp shares so they will recognize:

= 280,000/800,000 * 600,000

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2.

Date            Account title                                         Debit                  Credit

Dec. 31        Cash                                                   $140,000

                   Investment in Tran Corp.                                               $140,000

Working

Cash received as dividend = 0.5 * 280,000 share

= $140,000

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