Question
Long-term Equity Investments The annual report of The Larnaca Company discloses the following amounts on its consolidated statement of income: 2020 2019 2018 Equity in
Long-term Equity Investments The annual report of The Larnaca Company discloses the following amounts on its consolidated statement of income:
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Equity in earnings of unconsolidated affiliates | $881 | $644 | $563 |
Further, on Larnacas consolidated balance sheet, it reports the following amounts for its investment in its unconsolidated affiliates:
| 2020 | 2019 | 2018 | |
|---|---|---|---|
| Investment in unconsolidated affiliates | $13,650 | $12,885 | $12,400 |
Calculate the amount of cash dividends received by The Larnaca Company from its unconsolidated affiliates in 2019 and 2020.
| 2020 | |
| 2019 |
Calculate the adjustment to net income that appears on Larnacas statement of cash flow in 2019 and 2020 for undistributed earnings of unconsolidated affiliates.
| 2020 | |
| 2019 |
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How To Secure And Audit Oracle 10g And 11g
Authors: Ron Ben-Natan, Brian E. White, Paul R. Garvey
1st Edition
1420084127, 978-1420084122
