Business, 06.05.2020 16:01 Mynameismath
Blanton Corporation purchased 15% of the outstanding shares of common stock of Worton Corporation as a long-term investment. Subsequently, Worton Corporation reported net income and declared and paid cash dividends. What journal entry would Blanton Corporation use to record the dividends it receives?
a. debit Investments—Worton Corporation; credit Cash
b. debit Cash; credit Dividend Revenue
c. debit Cash; credit Investments—Worton Corporation
d. debit Investments—Worton Corporation; credit Income of Worton Corporation
Answers: 3
Business, 22.06.2019 21:00
You have $5,300 to deposit. regency bank offers 6 percent per year compounded monthly (.5 percent per month), while king bank offers 6 percent but will only compounded annually. how much will your investment be worth in 17 years at each bank
Answers: 3
Business, 23.06.2019 00:10
The food services division of cedar river amusement park inc. is studying the amount families who visit the amusement park spend per day on food and drink. a sample of 40 families who visited the park yesterday revealed they spent the following amounts: see worksheet 1 for data and answer the following questions: a. organize the data into a frequency distribution, using seven classes and 15 as the lower limit of the first class. what class interval did you select? b. what percent of families spent less than $45? c. what percent of families spent $55 or more? d. how many families spent from $65 to 74.99?
Answers: 3
Business, 24.06.2019 07:00
Sales of quilt covers at bud banis's discount department store in carbondale over the past year are shown below. management prepared a forecast using a combination of exponential smoothing and its collective judgment for the 4 months (march, april, may, and june):
Answers: 1
Blanton Corporation purchased 15% of the outstanding shares of common stock of Worton Corporation as...
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