Business, 06.05.2020 03:36 aprilpendergrass
Champaign Corporation purchases 45% of the common stock of Rockville, Inc. at a purchase price of $21.6 million cash. During the year, Rockville reports net income of $2,960,000 and pays $544,000 of cash dividends. At the end of the year, the market value of Champaign’s investment is $23.7 million. What is the year-end balance of the equity investment in Rockville? Select one: A. $22,687,200 B. $25,010,000 C. $24,332,500 D. $21,600,000 E. None of the above
Answers: 2
Business, 22.06.2019 10:50
Kimberly has been jonah in preparing his personal income tax forms for a couple of years. jonah's boss recommended kimberly because she had done a good job setting up the company's new accounting system. jonah is very satisfied with kimberly's work and feels that the fees she charges are quite reasonable. kimberly would be classified as a(n) (a) independent auditor (b) private accountant (c) public accountant (d) accounting broker
Answers: 1
Business, 22.06.2019 11:30
Which of the following statements about cash basis accounting is true? a. it is more complicated than accrual basis accounting. b. the irs allows all types of corporations to use it. c. it follows gaap standards. d. it ensures the company always knows how much cash flow it has.
Answers: 2
Business, 22.06.2019 19:20
Advertisers are usually very conscious of their audience. choose an issue of a popular magazine such as time, sports illustrated, vanity fair, rolling stone, or the like. from that issue select three advertisements to analyze. try to determine the audience being appealed to in each advertisement and analyze the appeals used to persuade buyers. how might the appeals differ is the ads were designed to persuade a different audience.
Answers: 2
Champaign Corporation purchases 45% of the common stock of Rockville, Inc. at a purchase price of $2...
English, 19.10.2019 11:10
Health, 19.10.2019 11:10
Mathematics, 19.10.2019 11:10
History, 19.10.2019 11:10
Mathematics, 19.10.2019 11:10
English, 19.10.2019 11:10
Mathematics, 19.10.2019 11:10
History, 19.10.2019 11:10
History, 19.10.2019 11:10