subject
Business, 27.11.2019 03:31 SpittingFatLama

As a long-term investment at the beginning of the 2021 fiscal year, florists international purchased 30% of nursery supplies inc.'s 8 million shares for $56 million. the fair value and book value of the shares were the same at that time. during the year, nursery supplies earned net income of $40 million and distributed cash dividends of $1.25 per share. at the end of the year, the fair value of the shares is $52 million. required: prepare the appropriate journal entries from the purchase through the end of the year. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field. enter your answers in millions, (i. e., 10,000,000 should be entered as

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 15:00
Why entrepreneurs start businesses. a) monopolistic competition b) perfect competition c) sole proprietorship d) profit motive
Answers: 1
question
Business, 22.06.2019 19:30
Alaska king crab fishing in the 1960s and '70s was a dangerous but rich fishery. boats from as far away as california and japan braved the treacherous gulf of alaska crossing to reach the abundant king crab beds in cook inlet and bristol bay. suddenly, in the early 1980s, the fishery crashed due to over fishing. all crabbing in those areas ended. to this day, there is no crabbing in bristol bay or cook inlet. a. how would an economist explain the decline of the alaska king crab fishery
Answers: 3
question
Business, 22.06.2019 20:20
Amanager of a store that sells and installs spas wants to prepare a forecast for january and june of next year. her forecasts are a combination of trend and seasonality. she uses the following equation to estimate the trend component of monthly demand: ft = 30+5t, where t = 1 in january of this year. seasonal relatives are 0.60 for january and 1.50 for june. what demands should she predict for january and june of next year
Answers: 2
question
Business, 22.06.2019 23:30
Sports leave thousands of college athletes with little time for their studies. this is an example of
Answers: 1
You know the right answer?
As a long-term investment at the beginning of the 2021 fiscal year, florists international purchased...
Questions
question
Mathematics, 21.11.2020 14:00
question
English, 21.11.2020 14:00
question
Social Studies, 21.11.2020 14:00
question
Mathematics, 21.11.2020 14:00
question
Mathematics, 21.11.2020 14:00
question
English, 21.11.2020 14:00
question
Biology, 21.11.2020 14:00
Questions on the website: 13722367