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Viefleur [7K]
2 years ago
15

When a country has unfavorable balance of trade, it owes money to others (T/F)

Business
1 answer:
Tcecarenko [31]2 years ago
7 0

Answer:

true

Explanation:

got it right on edge

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Pal Corp.'s 2004 dividend income included only part of the dividend received from its Ima Corp. investment. The balance of the d
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Answer:

Fair Value method, and only a portion of Ima's 2004 dividends represent earnings after Pal's acquisition.

Explanation:

The part of the dividend that reduce the carrying value of the investment can be said to be a liquidating dividend. Liquidating dividend is said to have occurred when the payment made by the investee is higher than the income that was earned in the course of the period in which the shares of the investee was owned by the investor.

On the other hand, the cost method treats liquidating dividends as spend or reduction in the investment account and treats normal dividend as income. Hence it is impossible for the firm to use equity method.

This is because dividend are seen as a reduction in investment account under the equity method. This means that dividends received cannot be taken as income in this method, hence C and D are wrong.

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Which of the following is the most accurate statement regarding the federal budget?
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On July 1, Smith Company borrowed $430,000 cash by signing a 10-year, 8% installment note requiring equal payments each June 30
ehidna [41]
It should be e $64,083
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Should a president be held responsible for an underperforming economy?
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