Answer:
A) a reduction of the carrying value of the investment
Explanation:
Under the equity method, the investor company cannot record dividends as revenue, it must record them as a reduction of the carrying value of their investment. Under the equity method, the value of the investment decreases with cash dividends. This transaction involves only a change between assets, investment decreases while cash increases, no additional revenue is recorded.
Answer:
The answer is:
A - direct materials cost
B - factory overhead cost
C- factory overhead cost
D - factory overhead cost
E - direct labor cost
F - factory overhead cost
G - direct material cost
H - factory overhead cost
I - material cost
J- direct labor cost
Explanation:
Material cost is the cost of materials used to produce a firm's product.
Labor cost is the total cost of all wages paid to employees
Overhead cost is the cost not directly attributed to creating a product
A - direct materials cost
B - factory overhead cost
C- factory overhead cost
D - factory overhead cost
E - direct labor cost
F - factory overhead cost
G - direct material cost
H - factory overhead cost
I - material cost
J- direct labor cost
Answer: See explanation
Explanation:
The necessary closing entries from the available information at December 31 will be calculated thus:
1. Dec 31
Dr Services Revenue $13000
Cr Income Summary $13000
2. Dec 31
Dr Income Summary $10000
Cr Wages expense $8400
Cr Rent expense $1600
3. Dec 31
Dr Income Summary = $13000 - $10000 = $3000
Cr D. Mai, Capital $3000
4. Dec 31
Dr D. Mai, Capital $800
Cr D. Mai, Withdrawals $800
Answer:
$56818.38
Explanation:
To Calculate the Out of Pocket Expenses --
Outflows = Inflows
Let assume out of pocket exps will be x $.
Let Loan taken today in 2020 & to be repaid in 2028 , for 8 years .
Loan Amount with Interest = (Savings of fuel due to plant + Out of Pocket Expenses) discounted at 3%
50,000 * (1.05)^8 = (1500+x)^(1.03)8
73872 = 1900.155+1.2667x
73872-1900.155 = 1.2667x
71971.845 = 1.2667x
x = $ 56818.38
Therefore the Out of Pocket expense is $56818.38
Answer:
Zero or $0
Explanation:
Distribution is the company payment to its stockholders in the form of cash , stock, physical product. It is further defined as the allocation of income and capital in a specific time period.
Beginning Accumulated E&P = $100,000
E&P in the year = ($200,000)
By adding the beginning & current year E&P we will have the accumulated E&P in the year.
Accumulated E&P = $100,000 + ($200,000) = ($100,000)
As the accumulated E&P is negative so, the Wildcat distribution will not be classified as dividend payment.
Zero distribution is treated as a dividend in 20x3.
