Answer:
Investment revenue = $91,000
Explanation:
the journal entry to record the dividends received would be:
Dr Cash 31,500
Cr Investment in Tetter Co. 31,500
the journal entry to record the reporting of the net income:
Dr Investment in Tetter Co. 91,000
Cr Investment revenue 91,000
When a company uses the equity method, any dividends received will decrease the carrying value of the investment, while any net income reported will be considered investment revenue.
Answer:
Approximate rate of return will be 9 %
Explanation:
We have given a stock is purchased on January 1 of cost $4.35
And sold at the same year on December 31
We have to find the rate of return
Rate of return will be equal to = 9%
So approximate rate of return will be 9 %
Answer:
Kaori sells her shares in a company because she needs the
canital
hope it helps
Answer:
The correct answer is B
Explanation:
The economic question that recognize the consumers, is for whom to produce. Under this situation, the business need to determine or evaluate that the goods and the services which they are producing, for whom they producing, either for the customers or business so that they could earn the profit by selling those goods and services.
Under the following condition, manny wishes sells the candy bars to the classmates, so they are producing for the classmates (they identifies the Whom they are producing for) in order to earn extra amount of money.