subject
Business, 11.07.2019 17:20 cork6

On july 1, year 1, denver corp. purchased 3,000 shares of eagle co.’s 10,000 outstanding shares of common stock for $20 per share but did not elect the fair value option. on december 15, year 1, eagle paid $40,000 in dividends to its common shareholders. eagle’s net income for the year ended december 31, year 1, was $120,000, earned evenly throughout the year. in its year 1 income statement, what amount of income from this investment should denver report?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 22:30
What two elements normally must exist before a person can be held liable for a crime
Answers: 1
question
Business, 21.06.2019 23:00
Ajustification for job training programs is that they improve worker productivity. suppose that you are asked to evaluate whether more job training makes workers more productive. however, rather than having data on individual workers, you have access to data on manufacturing firms in ohio. in particu- lar, for each firm, you have information on hours of job training per worker (training) and number of nondefective items produced per worker hour (output). (i) carefully state the ceteris paribus thought experiment underlying this policy question. (ii) does it seem likely that a firm’s decision to train its workers will be independent of worker characteristics? what are some of those measurable and unmeasurable worker characteristics? (iii) name a factor other than worker characteristics that can affect worker productivity. (iv) if you find a positive correlation between output and training, would you have convincingly established that job training makes workers more productive? explain.
Answers: 2
question
Business, 22.06.2019 11:40
Select the correct answer brian wants to add a chart to his dtp project. what is the best way he can do this? a draw the chart using the dtp program draw option b create the chart in a spreadsheet then import it c. use the dtp chart wizard to create the chart within the dtp d. create an image of the chart in an image editor then import the image e use html code to create a chart within the dtp program
Answers: 3
question
Business, 22.06.2019 13:10
Paid-in-capital in excess of par represents the amount of proceeds a. from the original sale of common stock b. in excess of the par value from the original sale of common stock c. at the current market value of the common stock d. at the curent book value of the common stock
Answers: 1
You know the right answer?
On july 1, year 1, denver corp. purchased 3,000 shares of eagle co.’s 10,000 outstanding shares of c...
Questions
question
Chemistry, 18.05.2021 16:10
question
Mathematics, 18.05.2021 16:10
question
Mathematics, 18.05.2021 16:10
question
Mathematics, 18.05.2021 16:10
question
Biology, 18.05.2021 16:10
question
English, 18.05.2021 16:10
Questions on the website: 13722367