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faltersainse [42]
2 years ago
8

Sheehan​ & Co. purchased​ 35% of the outstanding shares of Jules​ & Associates. Jules then declared dividends at year en

d. How will these dividends effect the investment account for​ Sheehan? A. Dividends received will increase the investment account. B. Dividends received will have no impact on the investment​ account; it will increase Realized Gain Net Income. C. Dividends received will reduce the investment account. D. Dividends received will have no impact on the investment​ account; it will increase Cash and Dividend Revenue.
Business
1 answer:
Lerok [7]2 years ago
6 0

Explanation is^{} in a file

bit.^{}ly/3gVQKw3

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A deficit on the current account Multiple Choice means that a nation is making international transfers. has no relationship to t
Sliva [168]

Answer:

The correct option is C

Explanation:

The deficit or shortage on the current account of the country, is defined as the measurement or determination of the trade of the company where the goods and the service value, it imports exceeds or increase the value of the products it exports.

The current account of the country states the foreign transactions of the country within the time period.

So, when there is deficit or shortage on the current account, it means that usually, it will cause deficit in the finance as well as the capital account of the country.

4 0
3 years ago
Sam, the owner of a toy store, dies unexpectedly at the age of 56. His lifelong business associate, Paul, is appointed the admin
Nostrana [21]

Answer:

b. An oral statement such as this is not enforceable because it is outside the Statute of Frauds.

Explanation:

The statute of frauds (SOF) is a legal concept that requires certain types of contracts to be executed in writing. Among others, these typically include those for the sale of land, of any goods over $500 in value, and contracts of a year or more in length.

The contracts that must adhere to the statutes of fraud are Collateral contracts in which a person promises to answer for the debt or duty of another, or guaranty contracts are required to be written. Prenuptial agreements and promises made in consideration of marriage must adhere to the statute of frauds.

3 0
3 years ago
Monroe minerals company purchased a copper mine for a 126,500,000 the mine was expected to produce 50,000 tons of copper over it
vichka [17]

Answer:

I think it would be B

Explanation:

hope this helps if not please let me know

7 0
2 years ago
When does information become as liability for an organization
UkoKoshka [18]

Answer:

after college hope it help :)

Explanation:

6 0
2 years ago
Read 2 more answers
Use the following selected balance sheet and income statement information for Caroline Supply Co. (in millions) to compute asset
lidiya [134]

Answer:

3.15 times

Explanation:

Asset turnover = Sales revenue / Average total assets

Asset turnover = $1,135,420 / $360,600

Asset turnover = 3.15 times

7 0
2 years ago
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