Which advertising strategy emerged because of corporate mergers and public distrust of impersonal and large corporations?

Rowan Co. purchases 200 common shares (40%) of JBI Corp. as a long-term investment for $600,000 cash on July 1. JBI Corp. paid $

aleksley [76]

Answer:

1. Jul-01

Dr Investment in JBI Corp $ 600,000

Cr Cash $ 600,000

2. Nov-01

Dr Cash $ 5,000

Cr Investment in JBI Corp $ 5,000

3. Dec-31

Dr Investment in JBI Corp $ 100,000

Cr Investment revenue $ 100,000

Explanation:

1. Preparation of Rowan's entries to record the purchase of JBI shares

Jul-01

Dr Investment in JBI Corp $ 600,000

Cr Cash $ 600,000

[To record investment in common shares of JBI Corporation]

2. Preparation of Rowan's entries to record the receipt of its share of JBI dividends

Nov-01

Dr Cash [12,500*40%] $ 5,000

Cr Investment in JBI Corp $ 5,000

[To record receipt of dividends]

3. Preparation of Rowan's entries to record the December 31 year-end adjustment for its share of JBI net income

Dec-31

Dr Investment in JBI Corp [$250,000*40%] $ 100,000

Cr Investment revenue $ 100,000

[To record share of net income for the year]

4 0

2 years ago

Use the graph to answer the question that follows.

Flauer [41]

The demand increased due to a large increase in cat adoptions. The market price and quantity increased.

<h3>What is the correct option?</h3>

A demand curve slopes downward from left to right. When there is a movement to the right, it indicates that there has been an increase in demand. When there is an increase in demand, the price and quantity increases.

8 0

1 year ago

A city government is considering raising the local income tax to pay for improvements to government facilities. a private citize

soldi70 [24.7K]

The results of the survey will most likely suffer from wording bias.

Wording bias:

Wording bias, also called question-wording bias or “leading on the reader” (Gerver & Sgroi, 2017) happens in a survey when the wording of a question systematically influences the responses (Hinders, 2019).

Is wording bias a type of response bias?

Wording bias can come into effect here as well

This type of bias influences the entire gamut of responses from individual or multiple participants.

For instance, if the researcher knows the participant personally, even greeting them in a friendly manner can have a subconscious effect on the responses.

Learn more about this here:

brainly.com/question/28178415

#SPJ4

4 0

11 months ago

Read 2 more answers

Dani is a topnotch tax accountant who knows all the tricks. She is paralyzed and unable to use her arms and legs. When using her

kupik [55]

Speech recognition makes the most sense here. The keyboard and firewall would be no use here. Then the audio recorder just records a voice/sound so that wouldn't help her either:) Hope that helps:)

8 0

3 years ago

On January 1, Parson Freight Company issues 7%, 10-year bonds with a par value of $2,000,000. The bonds pay interest semiannuall

Minchanka [31]

Answer:

The correct option is Debit Cash $1,864,097; debit Discount on Bonds Payable $135,903; credit Bonds Payable $2,000,000.

Explanation:

This question is an instance of bonds issued at a discount. This happens when a bond is issued below the face value of the bond and also happens when the coupon rate on the bond payable is less than the market rate.

The face value of the bond payable is $2,000,000 while the market value is $1,864,097, so there is a discount of $2,000,000 - $1,864,097 = $135,903 on the bond payable, which is to be amortized over the life of the bond payable.

So, the appropriate journals to record this transaction is as provided above.

4 0

3 years ago