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3 years ago

Question 4 of 10

Business

1 answer:

Anon25 [30]3 years ago

5 0

Answer:

Explanation:

A court-ordered action that directs parties to do or not to do something

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Equity Method for Stock Investment On January 4, Year 1, Ferguson Company purchased 108,000 shares of Silva Company directly fro

r-ruslan [8.4K]

Answer:

January 4, year 1, investment in Silva Company (36% of outstanding stocks)

Dr Investment in Silva Company 5,184,000

Cr Cash 5,184,000

July 2, year 1, distributed dividends ( $292,000 x 36%)

Dr Cash 104,400

Cr Investment in Silva Company 104,400

December 31, year 1, net income reported by Silva Company ($971,000 x 36%)

Dr Investment in Silva Company 349,560

Cr Revenue from investment in Silva Company 349,560

Balance of Investment in Silva Company = $5,184,000 - $104,400 + $349,560 = $5,429,160

Explanation:

Since Ferguson exercises significant influence over Silva Company, they must record the investment using the equity method.

7 0

3 years ago

Answer this question based on the following information about a company: Revenues, $20 million; costs, $15 million; assets, $30

andrezito [222]

Answer:

$60,000,000

Explanation:

Market value is simply defined as the price an asset would fetch in the marketplace, or the value that the investment community gives to a particular equity or business.

Formula for market value is given as

Company's Share × Current Market price per share.

Therefore, given that

Numbet of shares = 3,000,000

Price of share = $20

Then, MV = 3,000,000 × 20

= $60,000,000

8 0

3 years ago

Read 2 more answers

A commercial bank buys a $50,000 government security from a securities dealer. the bank pays the dealer by increasing the dealer

stealth61 [152]

Answer:

Increased by $50,000

Explanation:

When the Federal Reserve or a any private bank buys government securities from another private company or investor, they "create" money in the same way as a loan creates money.

Therefore, when the commercial bank bought government securities worth $50,000 from a private securities dealer, the money supply increased by $50,000.

3 0

3 years ago

The information systems of several firms have been compromised by insiders that can include contract employees, cleaning staff,

ch4aika [34]

Answer:

True

<h3>What is an Information system?</h3>

An Information System (IS) is a set of interrelated components that work together to collect, process, store, and disseminate information to support decision-making.
They also support the coordination, supervision, analysis, and visualization of an organization.

To learn more about it, refer

to brainly.com/question/25689052

#SPJ4

7 0

1 year ago

When you borrowed $50 from your rich cousin, and then had to pay her back $60, what is the original $50 called? a) Bribery b) In

alexira [117]

The correct answer is C. 100%. Please mark as brainliest! :) Have a blessed day!

7 0

3 years ago