1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MissTica
4 years ago
9

Adkins Appliances buys 10,000 shares of stock in Charlie Company for $10 per share on January 2 of the current year. Adkins owns

35% of Charlie Companyâs voting stock, has significant influence in decision making, and intends to hold on to it for several years. On March 31, a $2.50 per share dividend is paid. What is the journal entry to record the dividend received?
Business
1 answer:
marta [7]4 years ago
6 0

Answer:

cash         25,000 debit

 Charlie investment      25,000 credit

Explanation:

10,000 sahres x 2.5 = 25,000

Because the company has significant influence the dividend are not treated as gains.

Under equity-method is moving an asset (cash) from one place (charlie) to another (parent company) So no gain is recognize.

cash         25,000 debit

 Charlie investment      25,000 credit

You might be interested in
An online retailer monitors customer complaints through social media. There are seventeen categories associated with these compl
Gnom [1K]

Answer: Pareto Chart

Explanation:

A Pareto Chart is a type of chart that mixes both the line and bar graphs.

It works by putting the Frequency of the complaint categories on the vertical axis and the category on the horizontal axis.

The frequency bars are arranged from the most frequent to the least frequent and then there is a line that shows the cumulative frequencies of the complaint categories.

The benefit of this graph is that one can see the most frequent complaint as soon as they look at the graph which is why it is most useful to this question.

I have attached an example to better explain.

5 0
4 years ago
Ishowspeeed wager me for a brainlist
Lunna [17]

Answer:

lets go

Explanation:

8 0
3 years ago
Read 2 more answers
An australian manufacturer of surfboards wants to increase awareness of its brand in the u.s. market. a ____ plan to accomplish
NikAS [45]

Answer:

tactical

Explanation:

According to my research on different types of business approaches, I can say that based on the information provided within the question this would be considered a tactical plan. This is when a company sets into motion specifically designed short term actions to accomplish a certain goal. Which is what the surfboard manufacturer is doing by hosting a series of surfboard competitions to increase it's brand awareness.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
4 years ago
2. When the latest music album is available to certain fans before it's officially released, the music industry is facing a ____
S_A_V [24]

2. When the latest music album is available to certain fans before it's officially released, the music industry is facing a _______ risk.

D. piracy

Jose makes sure all transactions are accurate and authorized by his manager. He's using _______ controls

A. operational

Which law applies to business contracts?

A. Written

Regarding business contracts, which of the following are direct and actual damages that can be paid to an injured claimant, plaintiff, or victim?

B. Compensatory

3 0
3 years ago
Further research by the car wax manufacturer indicated that the proposed product would yield a 10 percent return on the firm’s i
never [62]

Answer:

The correct answer is Business analysis.

Explanation:

Business analysis is the set of methods and techniques used to work as a link between the stackeholders, in order to understand the structure, policies and operations of an organization and recommend solutions that allow the organization to achieve its objectives (IIBA: International Institute of Business Analysis).

Business analysis involves understanding how organizations work to carry out their purposes, and defining the capabilities that an organization requires to provide products and services to external stakeholders. It includes the definition of the objectives of the organization, how those objectives are connected to specific objectives, which determine the lines of action that an organization has to take to achieve those goals and objectives, and define how the different organizational units and stakeholders inside and outside that organization interacts.

5 0
4 years ago
Other questions:
  • Using the interest formula, compute the interest and maturity values for each of the following notes: Principal Interest Term Ra
    5·1 answer
  • The Tasty Sub Shop Case:
    5·1 answer
  • From the perspective of _______ theory, people are expected to commit crime and delinquency unless they are prevented from doing
    7·2 answers
  • Tresnan Brothers is expected to pay a $2.95 dividend on its common stock at at the end of this year. This company's dividends ar
    12·1 answer
  • In dbms, data are kept separate from the applications' programming code. this means that ________. an application cannot be chan
    12·2 answers
  • 1. Tucker Company paid $326,000 for property that included land, land improvements, and a building. The land was appraised at $1
    10·2 answers
  • Use the following information available as of December 31 to prepare an income statement for the year and a balance sheet for Go
    9·1 answer
  • A(n) ________ is a legal agreement signed by a stockholder allowing someone else to vote on his or her behalf at the corporation
    12·1 answer
  • With which type of amortization does the amount applied toward the principal remain the same each month, with the interest amoun
    13·1 answer
  • one of the monetary policy goals of the federal reserve is lower budget deficits. group of answer choices true false
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!