If Goebel Company acquired a 20% interest in Dobbs Company on December 31, 2021 for $290,000 and during 2022 Dobbs Company had net income of $150,000 and paid a cash dividend of $60,000, applying the fair value method would give a debit balance in the Equity Investments (Dobbs) account at the end of 2022 of
Answers: 3
Business, 22.06.2019 03:10
Transactions that affect earnings do not necessarily affect cash. identify the effect, if any, that each of the following transactions would have upon cash and net income. the first transaction has been completed as an example. (if an amount reduces the account balance then enter with negative sign preceding the number e.g. -15,000 or parentheses e.g. (15, cash net income (a) purchased $120 of supplies for cash. –$120 $0 (b) recorded an adjustment to record use of $35 of the above supplies. (c) made sales of $1,370, all on account. (d) received $700 from customers in payment of their accounts. (e) purchased equipment for cash, $2,450. (f) recorded depreciation of building for period used, $740. click if you would like to show work for this question: open show work
Answers: 3
Business, 22.06.2019 03:40
2. the language of price controls consider the market for rental cars. suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day, and employees at car rental companies earn $19.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect there are many teenagers who would like to work at car rental companies, but the minimum-wage law sets the hourly wage at $23.00. the government has instituted a legal minimum price of $87 per day for rental cars. the government prohibits car rental companies from renting out rental cars for more than $87 per day.
Answers: 2
Business, 22.06.2019 05:00
Every 10 years, the federal government sponsors a national survey of health and health practices (nhanes). one question in the survey asks participants to rate their overall health using a 5-point rating scale. what is the scale of measurement used for this question? ratio ordinal interval nominal
Answers: 1
Business, 22.06.2019 11:20
Which stage of group development involves members introducing themselves to each other?
Answers: 3
If Goebel Company acquired a 20% interest in Dobbs Company on December 31, 2021 for $290,000 and dur...
Mathematics, 29.10.2020 02:20
Mathematics, 29.10.2020 02:20
Mathematics, 29.10.2020 02:20
Mathematics, 29.10.2020 02:20
Mathematics, 29.10.2020 02:20
Chemistry, 29.10.2020 02:20
Geography, 29.10.2020 02:20
Mathematics, 29.10.2020 02:20
Mathematics, 29.10.2020 02:20
Computers and Technology, 29.10.2020 02:20
English, 29.10.2020 02:20