![subject](/tpl/images/cats/ekonomika.png)
Business, 25.01.2021 20:30 Josediego55
BuyCo, Inc., holds 25 percent of the outstanding shares of Marqueen Company and appropriately applies the equity method of accounting. Excess cost amortization (related to a patent) associated with this investment amounts to $10,800 per year. For 2020, Marqueen reported earnings of $102,000 and declares cash dividends of $30,000. During that year, Marqueen acquired inventory for $54,000, which it then sold to BuyCo for $75,000. At the end of 2020, BuyCo continued to hold merchandise with a transfer price of $29,000.
1. What Equity in Investee Income should BuyCo report for 2017?
2. How will the intra-entity transfer affect BuyCo's reporting in 2018?
3. If BuyCo had sold the inventory to Marqueen, how would the answers to (a) and (b) have changed?
![ansver](/tpl/images/cats/User.png)
Answers: 1
Another question on Business
![question](/tpl/images/cats/ekonomika.png)
Business, 21.06.2019 20:30
Which of the following is an example of formal management controls? answers: a firm's culturethe willingness of employees to monitor each otherbudgeting and reporting activitiesmanagerial motivation
Answers: 3
![question](/tpl/images/cats/ekonomika.png)
Business, 21.06.2019 21:30
He set of companies a product goes through on the way to the consumer is called the a. economic utility b. cottage industry c. market saturation d. distribution chain
Answers: 3
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 10:50
Explain whether each of the following events increases, decreases, or has no effect on the unemployment rate and the labor-force participation rate.a. after a long search, jon finds a job.b. tyrion, a full-time college student, graduates and is immediately employed.c. after an unsuccessful job search, arya gives up looking and retires.d. daenerys quits her job to become a stay-at-home mom.e. sansa has a birthday, becomes an adult, but has no interest in working.f. jaime has a birthday, becomes an adult, and starts looking for a job.g. cersei dies while enjoying retirement.h. jorah dies working long hours at the office.
Answers: 2
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 11:00
Acompany that adapts its product mix to meet the needs of a new market is using which of the following global marketing strategies market development diversification strategy product development undiversified
Answers: 3
You know the right answer?
BuyCo, Inc., holds 25 percent of the outstanding shares of Marqueen Company and appropriately applie...
Questions
![question](/tpl/images/cats/biologiya.png)
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/obshestvoznanie.png)
Social Studies, 22.11.2020 07:50
![question](/tpl/images/cats/pravo.png)
![question](/tpl/images/cats/istoriya.png)
History, 22.11.2020 07:50
![question](/tpl/images/cats/es.png)
Spanish, 22.11.2020 07:50
![question](/tpl/images/cats/mat.png)
Mathematics, 22.11.2020 07:50
![question](/tpl/images/cats/fizika.png)
Physics, 22.11.2020 07:50
![question](/tpl/images/cats/mat.png)
Mathematics, 22.11.2020 07:50
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/istoriya.png)
History, 22.11.2020 07:50
![question](/tpl/images/cats/health.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 22.11.2020 07:50
![question](/tpl/images/cats/informatica.png)
Computers and Technology, 22.11.2020 07:50
![question](/tpl/images/cats/ekonomika.png)
Business, 22.11.2020 07:50
![question](/tpl/images/cats/health.png)
![question](/tpl/images/cats/mir.png)
World Languages, 22.11.2020 07:50
![question](/tpl/images/cats/ekonomika.png)
Business, 22.11.2020 07:50
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/istoriya.png)
History, 22.11.2020 07:50