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please answer all the questions immediately thankyou 2. Under equity method, which of the following increases the balance of the investment in associate account? (1
please answer all the questions immediately thankyou
2. Under equity method, which of the following increases the balance of the investment in associate account? (1 Point) Share in profit of investor from the associate Investor's share in loss from the investee O Dividend received by the investor from the associate Dividends paid by the investor to its shareholders 3. In the analysis of the firm's Working capital which must be excided? - (1 Point) Factory building Short-term investments interest receivable Raw materials inventory 4. How often should and asset be reviewed for impairment? * (1 Point) Every three years Every year or annually after applying the appropriate depreciation method and carrying value is computed When the asset already at the half of its economic life When there is an indication that carrying amount of the asset is not recoverable 5. All of the following are element of financial position, except (1 Point) Outflow of a resource or incurrence of obligation from delivering goods or rendering services As resulting from past events there is a probable future qutilow of economic resources ansing from present obligation The residual interest in the resources of an entitlener deducting its liabilities Probable future economic benesteentrolled by the film as a result of past events 6. Which of the following is considered as an outflow under financing activity? * (1 Point) Cash received from the approved bank loan Cash paid to suppliers to satisfy outstanding obligations Dividend payment to various shareholders Dividends received from a subsidiaryStep by Step Solution
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