subject
Business, 01.12.2021 18:20 oseniiyabode123

Record the following transactions involving investments in marketable securities accounted for using the equity method. a. Purchased 12,000 common shares of Bakersfield Co. at $9 per share; the shares represent 30% ownership in Bakersfield.
b. Received a cash dividend of $1.25 per common share from Bakersfield.
c. Bakersfield reported annual net income of $60,000.
d. Sold all 12,000 common shares of Bakersfield for $114,500.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 16:30
Copyright law protects the expression of an idea so blank is protected by copyright
Answers: 1
question
Business, 22.06.2019 08:40
Exercise 18-15 sheffield appliance center is an experienced home appliance dealer. sheffield appliance center also offers a number of services for the home appliances that it sells. assume that sheffield appliance center sells ovens on a standalone basis. sheffield appliance center also sells installation services and maintenance services for ovens. however, sheffield appliance center does not offer installation or maintenance services to customers who buy ovens from other vendors. pricing for ovens is as follows. oven only $790 oven with installation service 850 oven with maintenance services 970 oven with installation and maintenance services 990 in each instance in which maintenance services are provided, the maintenance service is separately priced within the arrangement at $180. additionally, the incremental amount charged by sheffield appliance center for installation approximates the amount charged by independent third parties. ovens are sold subject to a general right of return. if a customer purchases an oven with installation and/or maintenance services, in the event sheffield appliance center does not complete the service satisfactorily, the customer is only entitled to a refund of the portion of the fee that exceeds $790. assume that a customer purchases an oven with both installation and maintenance services for $990. (b) indicate the amount of revenue that should be allocated to the oven, the installation, and to the maintenance contract.
Answers: 3
question
Business, 22.06.2019 21:30
Which of the following is one of the five fundamental questions? which products will be in scarce supply and which in excess supply? who should appoint the head of the central bank? how much should society save? correct what goods and services will be produced?
Answers: 1
question
Business, 23.06.2019 01:30
How is systematic decision making related to being financially responsible
Answers: 1
You know the right answer?
Record the following transactions involving investments in marketable securities accounted for using...
Questions
question
Mathematics, 29.01.2021 06:50
question
Mathematics, 29.01.2021 06:50
question
Mathematics, 29.01.2021 06:50
question
Mathematics, 29.01.2021 06:50
question
Mathematics, 29.01.2021 07:00
question
English, 29.01.2021 07:00
Questions on the website: 13722361