Peel co. received a cash dividend from a common stock investment. should peel report an increase in the investment account if it uses the cost method or the equity method of accounting? cost equityon july 1, year 1, denver corp. purchased 3,000 shares of eagle co.'s 10,000 outstanding shares ofcommon stock for $20 per share. on december 15, year 1, eagle paid $40,000 in dividends to its commonstockholders. eagle's net income for the year ended december 31, year 1, was $120,000, earned evenlythroughout the year. in its year 1 income statement, what amount of income from this investment shoulddenver report? a. $36,000b. $18,000c. $12,000d. $6,000
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Business, 22.06.2019 01:00
Suppose that hubert, an economist from an am talk radio program, and kate, an economist from a nonprofit organization on the west coast, are arguing over government bailouts. the following dialogue shows an excerpt from their debate: kate: to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days. hubert: indeed, it’s gotten crazy! a government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets. kate: i don’t know about that. without a bailout of severely distressed financial firms, the economy will experience a deep recession. the disagreement between these economists is most likely due todifferences in scientific judgments . despite their differences, with which proposition are two economists chosen at random most likely to agree? business managers can raise profit more easily by reducing costs than by raising revenue. central banks should focus more on maintaining low unemployment than on maintaining low inflation. employers should not be restricted from outsourcing work to foreign nations
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Business, 22.06.2019 09:00
According to this excerpt, a key part of our national security strategy is
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Business, 22.06.2019 11:30
Which of the following is not an example of one of the four mail advantages of prices on a free market economy
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Business, 22.06.2019 19:00
Describe how to write a main idea expressed as a bottom-line statement
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Peel co. received a cash dividend from a common stock investment. should peel report an increase in...
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