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MatroZZZ [7]
3 years ago
12

Encore Industries owned investment securities with a book value of $45 million on August 12. At that time, Encore’s board of dir

ectors declared a property dividend consisting of these securities. The fair value of the securities was as follows:
Declaration – August 12$58million
Record date – September 1 62million
Distribution date – September 20 60million
What amount of gain should Encore recognize in earnings in connection with this property dividend?
Business
1 answer:
Aleks04 [339]3 years ago
4 0

Answer$13m

Explanation:

It's the declared dividend on the date declared, that is obligatory for payment by a company. What happens there after are normal trading activities.

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In a tenancy contract, a family worked a small part of a large farm in exchange for part of the crop.

<h3>What is a tenancy contract?</h3>

Tenancy agreement or rental contract is a legally enforceable agreement that grants the renter use of a property for a specific usage and time period. The agreement outlines every aspect of the lease as well as the standards and expectations that were mutually agreed upon by the parties.

A lease, which is more common for a fixed time, is different from a rental agreement, which is a contract of the rental between the owner of a property and a renter who wants to have temporary possession of the property. Rental agreements are typically written.

An arrangement between you and a landlord is known as a tenancy agreement. As long as you pay rent and abide by the rules, you are permitted to occupy a property. It also outlines the tenancy's legal terms and restrictions.

A tenancy agreement is regarded as a periodic lease in the business world, with a one-month notice period for termination available to either the landlord or the tenant.

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2 years ago
During 2004 Elway Corporation transferred inventory to Howell Corporation and agreed to repurchase the merchandise early in 2005
Svet_ta [14]

Answer:

d. Product financing arrangement.

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A business transaction in which an organization sells and agrees to repurchase inventory with the repurchase price equal to the initial or original sales price plus the carrying and financing costs is known as the Product financing arrangement.

A product financing arrangement is more likely to exist when the seller commits to having a third party client purchase the item and then agrees to repurchase the item from the third party client.

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(for a job ). Everybody makes sexual remarks now and then.
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