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Novay_Z [31]
2 years ago
7

When an investor uses the equity method to account for investments in common stock, the investor’s share of cash dividends from

the investee should be recorded as:.
Business
1 answer:
Black_prince [1.1K]2 years ago
5 0

It should be noted that When an investor uses the equity method to account for investments in common stock, cash dividends received by the investor from the investee should be recorded as deduction from the investor's share of the investee's profits.

<h3>What is an Equity method?</h3>

Equity method  can be regarded as a process of treating investments when dealing with associate companies.

In this method, cash dividends received by the investor from the investee should be recorded as A deduction from the investor's share.

Learn more about Equity method at;

brainly.com/question/14591988

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Net income reported on the income statement for the current year was $350,000. Depreciation recorded on plant assets was $26,000
Sonbull [250]

Answer:

$357,500

Explanation:

Cash flow from operating activities on the statement of cash flows:

= Net income + Depreciation Expense - Increase in accounts receivable - Increase in inventory + Decrease in prepaid expense - Decrease in accounts payable

= $350,000 + $26,000 - $3,000 - $5,000 + $2,500 - $13,000

= $357,500

Therefore, the net cash flow from operating activities is $357,500.

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4 years ago
Hunter Company reported a net loss of $12,000 for the year ended December 31, 2017. During the year, accounts receivable decreas
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Answer:

$50,000

Explanation:

The preparation of the operating activities under the indirect method is shown below:

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The options are incorrect. The right answer is shown above

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C. Tab

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