The declaration and payment of a dividend by a corporation causes: select one:
a. a d...
Business, 17.01.2020 22:31 JessicaSontay8841
The declaration and payment of a dividend by a corporation causes: select one:
a. a decrease in assets and a decrease in common stock
b. a decrease in assets and an increase in retained earnings
c. a decrease in assets and a decrease in retained earnings
d. a decrease in assets and a decrease in liabilities.
Answers: 1
Business, 21.06.2019 23:00
Which of the following statements about the relationship between economic costs and accounting costs is true? multiple choice accounting costs are equal to or greater than economic costs. accounting costs must always equal economic costs. accounting costs are always greater than economic costs. accounting costs are always less than or equal to economic costs.
Answers: 2
Business, 22.06.2019 13:30
On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?
Answers: 3
Business, 22.06.2019 15:10
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Answers: 1
Business, 22.06.2019 17:00
Serious question, which is preferred in a business? pp or poopoo?
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