Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 31, 2024

Cost method consolidation entries (controlling investment in affiliate, fair value differs from book value) net income of $48,640 and paid dividends of $20,480. year ended

Cost method consolidation entries (controlling investment in affiliate, fair value differs from book value) net income of $48,640 and paid dividends of $20,480. year ended December 31, 2022? Select one: a. $48,640 b. $39,040 C. $28,160 d. $20,480

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting In An Economic Context

Authors: Jamie Pratt

7th Edition

0470128828, 978-0470128824

More Books

Students also viewed these Accounting questions

Question

★★★★★

In performing an audit in accordance with Generally Accepted Government Auditing Standards, the auditors are required to issue an additional combined report on compliance with laws and regulations...

Answered: 1 week ago

Question

★★★★★

Looking at the case study: ;Under the skin': campaign aimed at hardened smokers What techniques were used for message framing? The case study (Gold winner 2004 IPA Effectiveness Award) The campaign...

Answered: 1 week ago

Question

★★★★★

Name three healthy eating habits and three healthy exercise habits.

Answered: 1 week ago

Question

★★★★★

One of the operations in the United States Postal Service is a mechanical mail sorting operation. In this operation, letter mail is sorted at a rate of one letter per second. The letter is...

Answered: 1 week ago

Question

★★★★★

At a 4 0 % Utilization Rate At a 9 0 % Utilization Rate Cost A: Total $ 4 5 8 , 0 0 0 $ 4 5 8 , 0 0 0 Per hour $ 7 . 3 0 ? Question mark Cost B: Total ? Question mark $ 1 , 9 6 2 , 0 0 0 Per hour $ 1...

Answered: 1 week ago

Question

★★★★★

i need answers The balance sheet of the Park, Quid, and Reggie partnership on November 1, 2019 (before commencement of partnership liquidation) was as follows: Cash $ 60,000 Accounts Receivable...

Answered: 1 week ago

Question

★★★★★

On January 1, 2025, a new Board of Directors was elected for Cullumber Hospital. The new board switched to a different accountant. After reviewing the hospital's books, the accountant decided that...

Answered: 1 week ago

Question

★★★★★

Mark this question Find all asymptotes and/or holes in the graph of f(x)= 3 4x-9x 2x-x-3

Answered: 1 week ago

Question

★★★★★

Problem 3 (24 Points; 12 points each for (a)-(b)) Consider a material which has yielded according to the von Mises yield criterion with y = 40 ksi. The dilatational strain is 0.001, the Young's...

Answered: 1 week ago

Question

★★★★★

A restaurant manager who arranges to have all of the restaurants leftovers, plus 50 prepared meals, donated to a food bank each week probably exhibited ________ power to coordinate the extra work...

Answered: 1 week ago

Question

★★★★★

How would you express "Juan needs to take an Economics class" in Spanish? Juan tiene tomar una clase de economa. Juan tener estudia una clase de economa. Juan tiene que tomar una clase de economa....

Answered: 1 week ago

Question

★★★★★

OUTCOME 5 Discuss the current issues of equal pay for work of equal value and pay compression.

Answered: 1 week ago

Question

★★★★★

6. The Pay Equity Commission proposes three methods to make pay equity comparisons: The job-to-job comparison method The proportional value comparison method The proxy comparison method Read about...

Answered: 1 week ago

Question

★★★★★

OUTCOME 6 Describe the main types of employee stock ownership plans and discuss their advantages to employers and employees.

Answered: 1 week ago

Previous Question Next Question