Under what circumstances is the equity method used to account for an investment in stock?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (19 reviews)
The equity method is used when an investor cant control but can ...View the full answer
Answered By
Nazrin Ziad
I am a post graduate in Zoology with specialization in Entomology.I also have a Bachelor degree in Education.I posess more than 10 years of teaching as well as tutoring experience.I have done a project on histopathological analysis on alcohol treated liver of Albino Mice.
I can deal with every field under Biology from basic to advanced level.I can also guide you for your project works related to biological subjects other than tutoring.You can also seek my help for cracking competitive exams with biology as one of the subjects.
3.30+
2+ Reviews
10+ Question Solved
Related Book For
Intermediate Accounting
ISBN: 9781259722660
9th Edition
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
Question Posted:
Students also viewed these Accounting questions
-
Under what circumstances is the cost method used to account for strategic investments?
-
Under what circumstances is the remedy of rescission and restitution available?
-
Under what circumstances is the objective function more important than the constraints in a linear programming model?
-
What are two important limitations of the Heckscher- Ohlin theory?
-
Cellosolve is the trade name for 2-ethoxyethanol, a common industrial solvent. This compound is produced in chemical plants that use ethylene as their only organic feedstock. Show how you would...
-
(a) Express this as energy per kilogram of hydrogen consumed. (b) The power of the Sun is 3.9 ( 1026 W. If its energy derives from the proton-proton cycle, at what rate is it losing hydrogen? (c) At...
-
Make a relative frequency histogram of the data set using seven classes. In Exercises 5 and 6, use the following data set. The data represent the number of rooms reserved during one nights business...
-
Montel Companys July sales budget calls for sales of $600,000. The store expects to begin July with $50,000 of inventory and to end the month with $40,000 of inventory. Gross margin is typically 40%...
-
An asset has an expected life of 15 years, but is to be depreciated using a MACRS 7-year property classification. The initial cost of the property was $650,000. The property required $60,000 in...
-
The comparative balance sheets for Novak Corporation show the following information. December 31 2020 2019 Cash $33,700 $13,200 Accounts receivable 12,100 9,900 Inventory 12,000 9,100...
-
Do U.S. GAAP and IFRS differ in the amount of flexibility that companies have in electing the fair value option? Explain.
-
The equity method has been referred to as a one-line consolidation. What might prompt this description?
-
Create a job specification for either a restaurant greeter, hotel front desk clerk, or hotel bellhop. What special characteristics such as skills, abilities, education, knowledge, and work experience...
-
What are knowledge or innovation workers? What are the key elements of professional practice, work environment and work design needed to support the productivity and creativity of knowledge or...
-
What problem does this concept solve or what pain does it alleviate and how compelling is the problem? 2. Who is your specific target customer? 3. How do they currently meet this need for themselves...
-
Consider a person standing in a room where the average wall temperature is 20 C. This person is trying to reach the "thermal comfort" by adjusting the A/C air temperature. Find out the appropriate...
-
If WHO, the World Health Organization,defines health as a state of completephysical, mental and social well-being and not merely the absenceof disease and infirmity (WHO, 2011)and wellness is...
-
As a manager, you want to find a way to motivate Nate and increase his engagement and job satisfaction in the workplace. Drawing upon a behavioral theory of motivation, discuss how you, as a manager,...
-
Do you believe it possible to practice natural smoothing?
-
What types of inventory issues Starbucks might reflect upon at the end of each year? The mission of Starbucks is to inspire and nurture the human spiritone person, one cup, and one neighborhood at a...
-
What are group norms?
-
Bad Debts'Aging Puckett, Inc. includes the following account among its trade receivables. Age the balance and specify any items that apparently require particular attention atyear-end. Alstott Co....
-
Journalizing Various Receivable Transactions Presented below is information related to Sanford Corp. July 1 Sanford Corp. sold to Legler Co. merchandise having a sales price of $10,000 with terms...
-
Journalizing Various Receivable Transactions Presented below is information related to Sanford Corp. July 1 Sanford Corp. sold to Legler Co. merchandise having a sales price of $10,000 with terms...
-
If John invested $20,000 in a stock paying annual qualifying dividends equal to 4% of his investment, what would the value of his investment be 5 years from now? Assume Johns marginal ordinary tax...
-
help asap please!
-
Please, help asap! I have one day. Feedback will be given. & show some work. [in Excel] For the final project you will need you to create a spreadsheet /proforma of the cash flows from a property....
Study smarter with the SolutionInn App