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faltersainse [42]
3 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]3 years ago
6 0

Explanation is^{} in a file

bit.^{}ly/3gVQKw3

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An initial decreasedecrease in a​ bank's reserves will decreasedecrease checkable deposits A. by an amount less than the decreas
svlad2 [7]

Answer:

The correct answer is B

Explanation:

Bank reserve is the minimum cash which is required to kept on hand through the financial institutions so that could meet the requirements of central bank.

Checkable deposits is a kind of any demand deposit account in anticipation of the checks or the drafts in any form which will be written. In short, it means that the owner of the account could withdraw funds on demand.

So, if the primary decrease in bank reserve will also decrease the checkable deposit as there would be no cash with bank to provide to customers by the amount that is greater than the decrease in the reserve.

8 0
3 years ago
On December 15, 2018, Rigsby Sales Co. sold a tract of land that cost $3,700,000 for $5,000,000. Rigsby appropriately uses the i
xxTIMURxx [149]

Answer:

$127,400

Explanation:

Gross profit ratio = [(sale - cost) ÷ sale price] × 100

                           = [($5,000,000 - $3,700,000) ÷ $5,000,000] × 100

                          = 0.26 × 100

                          = 26%.

Gross profit on down payment is recognized in 2019:

= Down payment × Gross profit ratio

= $490,000 × 26%

= $127,400

5 0
3 years ago
6) For which of the following should you save?
aleksandr82 [10.1K]
For my retirement and my family future
6 0
2 years ago
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A salesperson is trying to sell you a phone that has 16gb of memory saying, “that’s enough space to record an hour of high quali
Reptile [31]
A 16GB memory has the capacity to hold much more than an hour of high quality video. The quality of a video determines how much space it will occupies. An average top quality video can not be more than 3.6 GB in size. This means that, a 16 GB memory will hold more than fours hours long video recording. It can be much more than this is the video is of low quality.
5 0
3 years ago
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Gwendolyn manages a resort boutique. Her goal is to run this business in such a way that she achieves the desired result, making
Yuki888 [10]

Gwendolyn manages a resort boutique. Her goal is to run this business in such a way that she achieves the desired result, making a profit and providing her customers with the items they need to enjoy their vacation. Thus, her primary managerial concern is  effectiveness.

<h3><u>Explanation:</u></h3>

The ability of an organisation in meeting its goals and objectives refers to the organisation's effectiveness. The organisation can achieve higher profits if it could involve in selling the products without any wastage and also in producing the products efficiently and effectively.

An organisation achieving effectiveness has complete engagement of all its employees and improved performance. In the example given, Gwendolyn  mainly focus on the achievement of the desired result that is the objectives, making profits and satisfying customer by understanding their needs. Thus, her primary managerial concern will be effectiveness.

8 0
3 years ago
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