Question completa Company Aty where perd 270mm At them of the theory and the town coche determined the teacher Themefore che poste du code Palit that pad tot 120 million Under the Company A thouddin STO OS 59 ron QUESTION 12 Company Awatery for the $10 A thuat 2001. cebook vahi afer S210 Dutcome. The Commune determined to be copied for the fatory. There and www to be set for sale and they faire pour des millimetinde. Com A tools cal Si milli 579 million Soon QUESTION In 2008, Compuy Ay Becorded goodwill 5310 million As of 1351200, Camp Bago 1,410 value 51.100 mithe Company's totally have the questa book of which a $1.000 million What to par ou la Company Automobiller 10 11 3300 M Ce serando che allo 500 million $310 million QUESTION 14 Assume a company has a bond with a fair value of $714,943 and 5715,000 as of December 31, 2021 and 2022, respectively. The bond has an amortized cost (or, carrying value) of $671,297 and $681,628 as of December 31, 2021 and 2022, respectively. The bond is listed as available for sale How will the bonds' FV adjustment affects its Net Income in 20222 No effect Increase the net income by $43,646 Increase the net income by $10.274 he o Decrease the net income by $10,274 QUESTION 15 FLC Ine purchased 31% of LYF Co.'s common stock for $31 million. LYF Co. reported a net income of $1 million at year end. How will FLC Inc, journalize LYF Co.'s net income? No journal entry is required o Dr. Cash $1 million Cr. Investment Revenue $1 million Dr. Investment is affiliate $310,000 Ct Investment Revenue Dr. Investment in affiliate $310,000 $1 million Cr. Investment Revenue $1 million QUESTION 16 FLC Inc. purchased 11% of LYF Co.'s common stock for $31 million. LYF Co. paid $110,000 of cash dividend at year end Which of the following statement is true? The cash dividend will decrease FLC Inc.'s investment in affiliate by 5110,000 The cash dividend will decrease FLC Inc.'s cash by $110,000 The cash dividend will increase FLC Inc.'s dividend revenue by $110,000 FLC Inc. has nothing to do on this dividend payment Question completa Company Aty where perd 270mm At them of the theory and the town coche determined the teacher Themefore che poste du code Palit that pad tot 120 million Under the Company A thouddin STO OS 59 ron QUESTION 12 Company Awatery for the $10 A thuat 2001. cebook vahi afer S210 Dutcome. The Commune determined to be copied for the fatory. There and www to be set for sale and they faire pour des millimetinde. Com A tools cal Si milli 579 million Soon QUESTION In 2008, Compuy Ay Becorded goodwill 5310 million As of 1351200, Camp Bago 1,410 value 51.100 mithe Company's totally have the questa book of which a $1.000 million What to par ou la Company Automobiller 10 11 3300 M Ce serando che allo 500 million $310 million QUESTION 14 Assume a company has a bond with a fair value of $714,943 and 5715,000 as of December 31, 2021 and 2022, respectively. The bond has an amortized cost (or, carrying value) of $671,297 and $681,628 as of December 31, 2021 and 2022, respectively. The bond is listed as available for sale How will the bonds' FV adjustment affects its Net Income in 20222 No effect Increase the net income by $43,646 Increase the net income by $10.274 he o Decrease the net income by $10,274 QUESTION 15 FLC Ine purchased 31% of LYF Co.'s common stock for $31 million. LYF Co. reported a net income of $1 million at year end. How will FLC Inc, journalize LYF Co.'s net income? No journal entry is required o Dr. Cash $1 million Cr. Investment Revenue $1 million Dr. Investment is affiliate $310,000 Ct Investment Revenue Dr. Investment in affiliate $310,000 $1 million Cr. Investment Revenue $1 million QUESTION 16 FLC Inc. purchased 11% of LYF Co.'s common stock for $31 million. LYF Co. paid $110,000 of cash dividend at year end Which of the following statement is true? The cash dividend will decrease FLC Inc.'s investment in affiliate by 5110,000 The cash dividend will decrease FLC Inc.'s cash by $110,000 The cash dividend will increase FLC Inc.'s dividend revenue by $110,000 FLC Inc. has nothing to do on this dividend payment
