subject
Business, 06.03.2020 02:55 itzandrea456

Plack Co. purchased 10,000 shares (2% ownership) of Ty Corp. on February 14 and did not elect the fair value option. Plack received a stock dividend of 2,000 shares on April 30, when the market value per share was $35. Ty paid a cash dividend of $2 per share on December 15. In its income statement for the year, what amount should Plack report as dividend income?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 09:40
You plan to invest some money in a bank account. which of the following banks provides you with the highest effective rate of interest? hint: perhaps this problem requires some calculations. bank 1; 6.1% with annual compounding. bank 2; 6.0% with monthly compounding. bank 3; 6.0% with annual compounding. bank 4; 6.0% with quarterly compounding. bank 5; 6.0% with daily (365-day) compounding.
Answers: 3
question
Business, 22.06.2019 20:00
Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact thatmr=mc at the optimal quantity for each firm. furthermore, a monopolistically competitive firm's average total cost in long-run equilibrium isless than the minimum average total cost. true or false: this indicates that there is a markup on marginal cost in the market for engines. true false monopolistic competition may also be socially inefficient because there are too many or too few firms in the market. the presence of the externality implies that there is too little entry of new firms in the market.
Answers: 3
question
Business, 23.06.2019 11:00
What is considered to be a significant disadvantage of owning
Answers: 3
question
Business, 23.06.2019 13:30
Financial statement: maisie taft started her own
Answers: 1
You know the right answer?
Plack Co. purchased 10,000 shares (2% ownership) of Ty Corp. on February 14 and did not elect the fa...
Questions
question
Mathematics, 06.05.2020 03:21
question
History, 06.05.2020 03:21
question
Mathematics, 06.05.2020 03:21
question
English, 06.05.2020 03:21
question
Mathematics, 06.05.2020 03:21
Questions on the website: 13722361