Which of the following jobs typically requires an associate’s degree?

Moss Corp. owns 20% of Dubro Corp.'s preferred stock and 40% of its common stock. Dubro's stock outstanding at December 31, Year

Temka [501]

Answer:

Revenue due to investment in Dubro = $22,000

Explanation:

In the given case, revenue to be recorded will be based on calculation as follows:

Since investment in equity is 40% of total share, equity method will be used.

In such method all income share in equity and preference dividend will form part of income for the current year.

Dividend = $10,000 $\times$ 20% as invested in preference capital.

= $2,000

Share in income = $50,000 $\times$ 40% as invested in equity = $20,000

Note: Dividend will be deducted from net income as net income for equity

Net income - Dividend = $60,000 - $10,000 = $50,000

Thus, net share of income = $2,000 + $20,000 = $22,000

7 0

4 years ago

The primary function of the Income Statement is to:a. Show the company's value as of a given point in timeb. Determine if the co

mrs_skeptik [129]

Answer: e. Measure the company's financial performance over a period of time

Explanation:

The Income statement shows how the company performed financially in a certain period in relation to their operating activities.

By subtracting the expenses from the revenue, the income statement shows how the company was able to put its investments and assets to good use to be able to provide value for the shareholders.

The Income statement is prepared per period so the information it shows is period specific.

6 0

3 years ago

Identify the stage in the forming-storming-norming-performing model in which a team meets to learn about a project, agrees on ba

Vedmedyk [2.9K]

Answer:

c. Forming Stage

Explanation:

Forming Stage -

It is the very first stage in the group development.

In this initial stage , the people tries to learn about the task , and get along each other , to understand and start to work together .

This stage may even invite certain conflicts and misunderstanding .

In this stage a basic goal and work allotment is done , all the strategies and works are started in this very stage .

Hence , from the information of the question,

The correct term is forming stage.

5 0

4 years ago

As an eighth grader, Marliss wins an art competition, and her prize is one thousand dollars. She wants to invest the money for h

diamong [38]

Marliss will want to invest her money in a savings bond to help her save money for college. The correct answer is A.

8 0

3 years ago

What is true of a perfectly competitive market?

Alexeev081 [22]

The correct answer is B.) The problem of scarcity does not exist.

Because since it is a 'perfectly competitive' market then scarcity shouldnt exist.

-Autumn Leaves

7 0

3 years ago