Suppose that on January 6, 2018, East Coast Motors paid $ 280,000,000 for its 35 % investment in Boxcar Motors. East Coast has significant influence over Boxcar after the purchase. Assume Boxcar earned net income of $ 90,000,000 and paid cash dividends of $ 45,000,000 to all outstanding stockholders during 2018. (Assume all outstanding stock is voting stock.)
What method should East Cost Motors use to account for the investment in Boxcar Motors?
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Business, 22.06.2019 11:00
Acoase solution to a problem of externality ensures that a socially efficient outcome is to
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Business, 22.06.2019 14:30
United continental holdings, inc., (ual), operates passenger service throughout the world. the following data (in millions) were adapted from a recent financial statement of united. sales (revenue) $38,901 average property, plant, and equipment 17,219 average intangible assets 8,883 1. compute the asset turnover. round your answer to two decimal places.
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Business, 22.06.2019 14:30
Amethod of allocating merchandise cost that assumes the first merchandise bought was the first merchandise sold is called the a. last-in, first-out method. b. first-in, first-out method. c. specific identification method. d. average cost method.
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Business, 22.06.2019 14:30
The state in which the manufacturing company you work for is located regulates the presence of a particular substance in the environment to concentrations ≤ x. recently-released, reliable research endorsed by the responsible federal agency conclusively demonstrates that the substance poses no risks at concentrations up to 5x. your company has asked you to consider designing a new process with a waste discharge stream containing up to 2x of the substance. based on the stated conditions, describe this possible.
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Suppose that on January 6, 2018, East Coast Motors paid $ 280,000,000 for its 35 % investment in Box...
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