subject
Business, 02.10.2019 05:20 223103

On january 2, 20x3, kean company purchased a 30 percent interest in pod company for $250,000. pod reported net income of $100,000 for 20x3 and declared and paid a dividend of $10,000. kean accounts for this investment using the equity method. in its december 31, 20x3, balance sheet, what amount should kean report as its investment in pod?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 17:10
Suppose you have just been hired as the chief diversity officer of a large company. previous mentoring programs at this company have not been successful. after inquiring about previous efforts, you discover that most mentor pairs met just a few times, but very few lasting or meaningful mentoring relationships were created. there were also a significant number of employees that did not even attempt to seek out a mentor relationship. which of the following may be a reason why prior mentoring programs at your company failed? check all that apply.a) minorities and women are much less likely to develop mentoring relationships than white malesb) mentoring is not an effective way for organizations to develop female and minority employeesc) due to specific laws governing appropriate workplace behavior, senior-level male executives were reluctant to cultivate mentoring relationships with female employees, fearing negative repercussionsd) fear of creating a future competitor within the company, senior-level female executives were hesitant to mentor other female employees
Answers: 3
question
Business, 21.06.2019 20:30
Max fischer is a beekeeper. his annual group insurance costs 11,700. his employer pays 60% of the cost. how much does max pay semimonthly for it?
Answers: 1
question
Business, 21.06.2019 22:40
The vaska company buys a patent on january 1, year one, and agrees to pay $100,000 per year for the next five years. the first payment is made immediately, and the payments are made on each january 1 thereafter. if a reasonable annual interest rate is 8 percent, what is the recorded value of the patent? 1. $378,4252. $431,2133. $468,9504. $500,000
Answers: 3
question
Business, 22.06.2019 11:30
Which of the following statements about cash basis accounting is true? a. it is more complicated than accrual basis accounting. b. the irs allows all types of corporations to use it. c. it follows gaap standards. d. it ensures the company always knows how much cash flow it has.
Answers: 2
You know the right answer?
On january 2, 20x3, kean company purchased a 30 percent interest in pod company for $250,000. pod re...
Questions
question
Mathematics, 18.10.2020 02:01
question
Physics, 18.10.2020 02:01
question
English, 18.10.2020 02:01
question
Mathematics, 18.10.2020 02:01
question
History, 18.10.2020 02:01
question
History, 18.10.2020 02:01
Questions on the website: 13722360