Business, 19.05.2020 14:00 Madisonaubrey22
Bloomfield Bakers accounts for its investment in Clor Confectionary under the equity method. Bloomfield carried the Clor investment at $150,350 and $165,950 at December 31, 2020, and December 31, 2021, respectively. During 2021 Clor recognized $75,000 of net income and paid dividends of $20,050.
Required:
a) Assuming that Bloomfield owned the same percentage of Clor throughout 2021, its percentage ownership must have been .
Answers: 1
Business, 22.06.2019 11:50
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Answers: 1
Business, 22.06.2019 13:30
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Business, 23.06.2019 13:30
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Business, 23.06.2019 15:20
when taxes are levied on transactions, irrespective of the party they are levied on, a. the government can absorb some of the surplus, but also creates a social loss since some of the wealth creating transactions are discouraged b. the government can absorb all the producer surplus from the transactions as revenue c. the government can absorb all of the surplus (producer and consumer) d. the government can absorb all the consumer surplus from the transactions as revenue
Answers: 2
Bloomfield Bakers accounts for its investment in Clor Confectionary under the equity method. Bloomfi...
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