Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 20, 2024

URGENT PLS Parent owns 80% of subsidiary. In 2023, parent paid dividends of $300,000 and subsidiary paid dividends of $100,000. How much is consolidated dividends.

URGENT PLS image text in transcribed

Parent owns 80% of subsidiary. In 2023, parent paid dividends of $300,000 and subsidiary paid dividends of $100,000. How much is consolidated dividends. $380,000 5300,000 $320,000 $240,000

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

Proplan Weekly Financial Goal Planner Keep Track Of Your Financial Goals

Authors: Joaquin Contreras

1st Edition

B0CKNHMKK4

More Books

Students also viewed these Accounting questions

Question

★★★★★

The Cleveland Foodbank is a nonprofit organization that receives donations of food and distributes this food to appropriate charitable organizations. Many times, large quantities of food need to be...

Answered: 1 week ago

Question

★★★★★

The given data represent the percentage, y, of the population that is divorced for various ages, x, in the United States in 2010 based on sample data obtained from the United States Statistical...

Answered: 1 week ago

Question

★★★★★

=+e) What is the equation of the regression line?

Answered: 1 week ago

Question

★★★★★

Product cost flow and financial statements Joiner Manufacturing Company was started on January 1, 2011. The company was affected by the following events during its first year of operation. 1....

Answered: 1 week ago

Question

★★★★★

PART B As KR is new to international trade, Mr . Azman is concerned with the potential impact of exchange rate fluctuations on KR s financial performance. En . Azman is not familiar with various...

Answered: 1 week ago

Question

★★★★★

4. Compute the gross profit (sales minus cost of goods sold) and the gross profit ratio for 2014 assuming that Cast Iron purchased 44,000 units (as per part 1) and 23,000 units (as per part 2) during...

Answered: 1 week ago

Question

★★★★★

The most recent financial statements for Mandy Company are shown here: Income Statement Balance Sheet $ Sales Current assets 20,200 Costs 13,900 Fixed assets $ 11,960 Debt 31,950 Equity $ 16,480...

Answered: 1 week ago

Question

★★★★★

The ledger of Sunland Company contains the following balances: Owner s Capital $ 2 8 , 9 0 0 , Owner s Drawings $ 2 , 1 0 0 , Service Revenue $ 5 1 , 0 0 0 , Salaries and Wages Expense $ 2 6 , 4 0...

Answered: 1 week ago

Question

★★★★★

When patients do not pay their bills, and the practice is forced to write off the account, the amount owed is classified as __________ in accounting terms." Group of answer choices Bad Debt Accounts...

Answered: 1 week ago

Question

★★★★★

Sue's product mix problem. Sue's Crackpot Pottery Company is a one-person operation (headed by Sue) set up to make small handcrafted pottery items. Sue has designed two products, a turned flowerpot...

Answered: 1 week ago

Question

★★★★★

Evaluate own performance and adjust own performance if required to align with organisational values eg: do you make expectations clear do you lead by example do you provide appropriate coaching,...

Answered: 1 week ago

Question

★★★★★

1. Think back to a memorable speech youve witnessed, either in person or through the media. What kind of speech was it? Was the speaker trying to inform, persuade, or celebrate? Was he or she...

Answered: 1 week ago

Question

★★★★★

3. Take a look at your schools policy on plagiarism. Does your school clearly define what acts constitute plagiarism? How harsh are the punishments? Who is responsible for reporting plagiarism? How...

Answered: 1 week ago

Question

★★★★★

2. Are my sources up to date?

Answered: 1 week ago

Previous Question Next Question