![subject](/tpl/images/cats/ekonomika.png)
Perimeter, Inc. acquired 30 percent of South Co.’s (South) voting stock for $200,000 on January 1, 20X1. Perimeter’s 30 percent interest in South gave Perimeter the ability to exercise significant influence over South’s operating and financial policies. On that date, South reported assets of $500,000 and liabilities of $100,000. South had equipment with a book value of $60,000 that was actually worth $160,000. The equipment had a remaining useful life of five years. During 20X1, South reported net income of $80,000 and paid dividends of $50,000. What amount of income should Perimeter recognize in 20X1 as a result of this investment?
![ansver](/tpl/images/cats/User.png)
Answers: 2
![](/tpl/images/ask_question.png)
![](/tpl/images/ask_question_mob.png)
Another question on Business
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 00:00
Which statement is true of both presidential and parliamentary systems of government? a. the executive branch operates independently from the legislative branch. b. the members of the legislative branch are directly elected by the people. c. the head of government is chosen by members of his or her political party. d. the head of government is directly elected by the people
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 06:00
Suppose that a monopolistically competitive restaurant is currently serving 260 meals per day (the output where mr
Answers: 2
![question](/tpl/images/cats/ekonomika.png)
Business, 22.06.2019 10:30
Perez, inc., applies the equity method for its 25 percent investment in senior, inc. during 2018, perez sold goods with a 40 percent gross profit to senior, which sold all of these goods in 2018. how should perez report the effect of the intra-entity sale on its 2018 income statement?
Answers: 2
You know the right answer?
Perimeter, Inc. acquired 30 percent of South Co.’s (South) voting stock for $200,000 on January 1, 2...
Questions
![question](/tpl/images/cats/mat.png)
Mathematics, 04.02.2021 18:50
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 04.02.2021 18:50
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/himiya.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 04.02.2021 18:50
![question](/tpl/images/cats/fizika.png)
![question](/tpl/images/cats/en.png)
![question](/tpl/images/cats/en.png)
English, 04.02.2021 18:50
![question](/tpl/images/cats/mat.png)
Mathematics, 04.02.2021 18:50
![question](/tpl/images/cats/istoriya.png)
History, 04.02.2021 18:50
![question](/tpl/images/cats/istoriya.png)
History, 04.02.2021 18:50
![question](/tpl/images/cats/istoriya.png)
History, 04.02.2021 18:50
![question](/tpl/images/cats/informatica.png)
Computers and Technology, 04.02.2021 18:50
![question](/tpl/images/cats/health.png)
Health, 04.02.2021 18:50
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 04.02.2021 18:50
![question](/tpl/images/cats/mat.png)
Mathematics, 04.02.2021 18:50