On January 1, 2021, XXX Company acquired 200,000 shares at $ 100 per share of ZZZ Inc., which represent 30% ownership.
Required
Record the following transactions in the books of XXX Company
(assuming there is significant influence and insignificant influence)
1. The acquisition of shares done by XXX firm on January 1, 2020
2. The ZZZ Inc had reported net income of $ 4,000,000
3. XXX Inc. had announced and paid cash dividends of $ 800,000
4. On December 31, 2020, ZZZ Inc. shares been valued at $ 80 per
share, and XXX Company still owns 200,000 shares
5. On December 31, 2021, ZZZ Inc. shares would be valued at $ 88
per share, and XXX Flowers Company will still own 200,000
shares​

The typical consumer's food basket in the base year 2015 is as follows: 30 chickens at $4 each 10 hams at $5 each 10 steaks at $8 each a chicken feed shortage causes the price of chickens to rise to $5.00 each in the year 2016. hams rise to $7.00 each, and the price of steaks is unchanged. a. calculate the change in the "cost-of-eating" index between 2015 and 2016. year cost of the basket 2015 $ 2016 $ instructions: enter your responses rounded to one decimal place. the official cost-of-eating index has by %. b. suppose that consumers are completely indifferent between two chickens and one ham. for this example, how large is the substitution bias in the official "cost-of-eating" index? the in the cost-of-eating index is %. the of inflation in the cost of eating reflects substitution bias.

When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement

Which of the following is an element of inventory holding costs? a. material handling costs b. investment costs c. housing costs d. pilferage, scrap, and obsolescence e. all of the above are elements of inventory holding costs.