Answer:
Dr. Investments in Associates 250,000
Cr. Cash 500,000
Dr. Cash 10,000
Cr. Investments in Associates 10,000
Dr. Investments in Associates 50,000
Cr. Investment revenue 50,000
Explanation:
The equity method is a type of accounting used to incorporate investments. It is used when the investor holds significant influence over the investee but does not exercise full control over it.
An investor is deemed to have significant influence over an investee if it owns between 20% to 50% of the investee’s shares or voting rights.
- Jolley receives dividends of $10,000, which is 25% of $40,000, and records a reduction in their investment account. The reason for this is that they have received money from their investee.
- Jolley records the net income from Tige Co. as an increase to its Investment account.
If a research topic is amendable to a scientific study, you are able to make appropriate and necessary changes to a topic to make sure the resaerch you are finding follows the topic and is giving you useful information. When you amend a research topic you are just adjusting it to fit your updated wants and needs.
Answer:
The opportunity cost = $2.5
Explanation:
Given:
You own a building that has four possible uses: a cafe, a craft store, a hardware store, and a bookstore. The value of the building in each use is $2,000; $3,000; $4,000; and $5,000, respectively.You decide to open a hardware store.
<u>Question asked:</u>
The <u>opportunity cost of using this </u><u>building for a hardware store</u> ?
<u>Solution:</u>
As we know:
What you sacrifice = Value of a cafe + Value of a craft store + Value of a bookstore
= $2000 + $3000 + $5000 = $10,000
What you gain = Value of a hardware store
= $4000
Thus, the opportunity cost of using this building for a hardware store is $2.5
Answer:
Buying Center.
Explanation:
A Buying Center is a group if individuals within an organization that are responsible for making purchase decisions.
The Buying Center is also called the Decision Making Unit (DMU), and it includes personnel from various departments.
Answer:
C. Staff functions, line functions, and coordination functions
Explanation:
Human resource management functions may be classed into : line functions which involves the segment charged with the transition of an organization directly into its daily operational activities such as production, selling marketing and other customer service activities. The Staff functions of the human resource Management refers to advisory support on various activities of the organization which has to do with staffing, recruitment.
Coordination function involves the implementation of strategies which ensures synergy between various departments ensuring the adopting of best strategy to ensure maximum output.
