subject
Business, 29.03.2021 17:30 ChronicGamingRB

Matt accounts for its investment in Dallas Corporation under the equity method. Matt carried the Dallas investment at $150,650 and $165,150 at December 31, 2020, and December 31, 2021, respectively. During 2021 Dallas recognized $75,450 of net income and paid dividends of $20,600. Assuming that Matt owned the same percentage of Dallas throughout 2021, its percentage ownership must have been: (Round your answer to the nearest whole percent):

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 06:30
"in my opinion, we ought to stop making our own drums and accept that outside supplier's offer," said wim niewindt, managing director of antilles refining, n.v., of aruba. "at a price of $21 per drum, we would be paying $4.70 less than it costs us to manufacture the drums in our own plant. since we use 70,000 drums a year, that would be an annual cost savings of $329,000." antilles refining's current cost to manufacture one drum is given below (based on 70,000 drums per year):
Answers: 1
question
Business, 22.06.2019 07:30
Net income and owner's equity for four businesses four different proprietorships, jupiter, mars, saturn, and venus, show the same balance sheet data at the beginning and end of a year. these data, exclusive of the amount of owner's equity, are summarized as follows: total assets total liabilities beginning of the year $550,000 $215,000 end of the year 844,000 320,000 on the basis of the preceding data and the following additional information for the year, determine the net income (or loss) of each company for the year. (hint: first determine the amount of increase or decrease in owner's equity during the year.) jupiter: the owner had made no additional investments in the business and had made no withdrawals from the business. mars: the owner had made no additional investments in the business but had withdrawn $36,000. saturn: the owner had made an additional investment of $60,000 but had made no withdrawals. venus: the owner had made an additional investment of $60,000 and had withdrawn $36,000. jupiter net income $ mars net income $ saturn net income $ venus net income $
Answers: 3
question
Business, 22.06.2019 16:10
From what part of income should someone take savings?
Answers: 2
question
Business, 22.06.2019 20:00
An arithmetic progression involves the addition of the same quantity to each number.which might represent the arithmetic growth of agricultural production
Answers: 3
You know the right answer?
Matt accounts for its investment in Dallas Corporation under the equity method. Matt carried the Dal...
Questions
question
Mathematics, 20.03.2021 04:10
question
Mathematics, 20.03.2021 04:10
question
Mathematics, 20.03.2021 04:10
question
Mathematics, 20.03.2021 04:10
Questions on the website: 13722367