subject
Social Studies, 03.12.2019 17:31 nick607

Bendi corp. purchased 1,000 shares of kala corp. for $16 per share. the investment represents 5% ownership, and bendi does not have significant influence. the fair value at year-end is $15 per share. assuming no other transactions occurred, where would the $1 per share difference be reported on the year-end financial statements?

a. other income and (expense).
b. other comprehensive income.
c. operating income.
d. none of the above.

ansver
Answers: 1

Another question on Social Studies

question
Social Studies, 21.06.2019 15:30
Hye-seung is giving a speech on turtles, specifically on the need to protect the turtle population in the pacific ocean due to rising ocean temperatures. the general purpose of her speech is likely:
Answers: 3
question
Social Studies, 22.06.2019 19:30
What was one step that charlemagne took to unite his kingdom? a. he chose a single strong heir to inherit his throne. b. he drove muslim forces out of europe. c. he created and supported schools. d. he declared himself head of the catholic church.
Answers: 2
question
Social Studies, 23.06.2019 06:40
Hurricane katrina is arguably an effect : a. an increase of living creatures and crowded habitats b. environmentalism c. global climate change d. unforseen factors
Answers: 2
question
Social Studies, 23.06.2019 16:30
This graph shows the marginal cost of producing each additional pair of running shoe inserts .whoih pair of shoes had a marginal cost of $3.00?
Answers: 1
You know the right answer?
Bendi corp. purchased 1,000 shares of kala corp. for $16 per share. the investment represents 5% own...
Questions
question
English, 28.12.2019 19:31
question
Social Studies, 28.12.2019 19:31
question
Mathematics, 28.12.2019 19:31
Questions on the website: 13722367