All of the following are necessary to compute the future value of a single amount except the A. maturity value B. amount of initial payment or receipt O C. length of time between investment and future payment or receipt O D. interest rate Yukon Electrical Company owns all of the stock of Simmons Corporation and 80% of the stock of I-Tek Corporation. In 2020, Yukon earned net income of $45,000, Simmons earned $120,000, and I-Tek earned $180,000. Yukon's consolidated income statement would report consolidated net income of ..... O A. $750,000 OB. $714,000 O C. $570,000 OD. $450,000 The purchase of long-term investments O A. would not appear on a cash flow statement O B. would appear on a cash flow statement in the financing activities section OC. would appear on a cash flow statement in the operating activities section D. would appear on a cash flow statement in the investing activities section On the cash flow statement, the purchase and sale of bonds of other companies to be held for an extended time .. A. are reported as investing activities B. are reported as financing activities O O c. are reported as operating activities D. would not appear on a cash flow statement The sale of a long-term investment would appear on a cash flow statement as a A. cash inflow in the operating activities section B. cash inflow in the investing activities section C. cash inflow in the financing activities section D. cash outflow in the investing activities section The receipt of a cash dividend arising from an investment (5% ownership) held by a company requires a A. credit to Dividend Revenue O B. debit to Retained Earnings C. credit to Cash D. credit to Retained Earnings riding a discount on a longte bond investment will A. causes the cash recaves by the investor to end the interest revenue reported on te income statement B. cause the interest revenue reported on the income statement to cathesh resave by the investor C. cause the interest revenue resorter on the income statement to end the shresved by the investor D. change noting thaus interest revenue repres is not reads to the concrete investor Long-term bond investments are reported on the balance sheet at their A. current market value O B. lower of cost or market O C. amortized cost O D. historical cost Investments accounted for using the equity method are initially recorded at A cost B. the total of the investee's equity accounts multiplied by the percentage of ownership acquired O C. the lower of the cost or fair market value as of the balance sheet date O D. fair market value of the investee company multiplied by the percentage of ownership acquired