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DochEvi [55]
3 years ago
5

At the start of the current year, Company A purchased 30% of Company B for $45 million. At the time of purchase, the carrying va

lue of Company B's net assets was $75 million. The fair value of Company B's depreciable assets was $15 million in excess of their book value. For this year, Company B reported a net income of $75 million and declared and paid $15 million in dividends.
The total amount of additional depreciation to be recognized by SBC over the remaining life of the assets is: _________

a. $4.5 million.
b. $15 million.
c. $27 million
d. None of these answer choices are correct.
Business
1 answer:
brilliants [131]3 years ago
5 0

Answer: a. $4.5 million

Explanation:

The depreciation to be recognized is;

= Value of Depreciable assets * Percent of company owned

= 15,000,000 * 30%

= $4,500,000

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Indicate whether each of the following actions represents foreign direct investment or foreign portfolio investment. Foreign Dir
Fudgin [204]

Answer:

Foreign Direct Investment - Opening a retail store in a foreign country

Foreign Portfolio Investment  - Buying bonds issued by a foreign government

false

Explanation:

Foreign direct investment can be described as when a firm or an individual in one country makes an investment in a business interest in another country.

Foreign direct investment usually takes two form :

  1. the investor sets up a business in the foreign country
  2. the investor acquires foreign assets in the foreign country.

An example is when a US firm establishes a new business in another country.

foreign direct investment usually requires a lot of active management. As a result, an individual might not have the capacity or resources to effectively manage an FDI when compared with a corporation

Foreign Portfolio Investment is when an investor in one country purchases financial assets in another country.

For example, a resident of the US purchases bonds in Ghana

7 0
3 years ago
The norm of reciprocity select one:
viktelen [127]

Answer: a. suggests that when we receive something from another person we should respond in the future with a favor for them. 

The norm of reciprocity<span> is repaying in kind what another person has done for us. It is a favorable response given to each other for benefits received by returning it with benefits also. Responding to harms with either indifference or hostility, also. </span>

4 0
3 years ago
Apakah maksud perniagaan berskala domestik​
dimulka [17.4K]

Answer:

what??????

Explanation:

8 0
3 years ago
List two reasons why someone looking at a career in the Energy cluster might want to focus on new technology, such as energy-eff
borishaifa [10]

Answer:

Explanation: two reasons for why someone looking at a career in the Energy cluster might want to focus on new technology, such as energy-efficient products or sustainable energy; Energy efficient technologies are now found in most energy conversion chains.Mar 9, 2020

7 0
3 years ago
Claremont Company specializes in selling refurbished copiers. During the month, the company sold 205 copiers at an average price
dimaraw [331]

Answer:

Expected total sales= $758,500

Explanation:

<u>To calculate the expected total sales, we need to multiply the actual sales by the standard selling price:</u>

Expected total sales= actual sales in units*standard selling price per unit

Expected total sales= 205*3,700

Expected total sales= $758,500

3 0
3 years ago
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