Business, 03.07.2019 02:30 lydiapoetz5330
Rich, inc. acquired 30% of doane corp.'s voting stock on january 1, 2012 for $600,000. during 2012, doane earned $240,000 and paid dividends of $150,000. rich's 30% interest in doane gives rich the ability to exercise significant influence over doane's operating and financial policies. during 2013, doane earned $300,000 and paid dividends of $90,000 on april 1 and $90,000 on october 1. on july 1, 2013, rich sold half of its stock in doane for $396,000 cash. before income taxes, what amount should rich include in its 2012 income statement as a result of the investment? question 24 options: $240,000. $150,000. $72,000. $45,000.
Answers: 1
Business, 21.06.2019 14:40, aliviafrancois2000
Castillo corporation, a manufacturer, reports costs for the year as follows: direct materials used $735,000 wages to line workers 510,000 office rent 26,000 indirect materials used 700,000how much is the total period costs for castillo? $735,000 $510,000 $26,000 $700,000
Answers: 3
Business, 22.06.2019 11:00, hadwell34
You are attending college in the fall and you need to purchase a computer. you must finance the purchase because your parents will not purchase it for you, and you do not have the cash on hand to purchase it. in blank #1 determine which type of credit would you use to finance your purchase (installment, non-installment, or revolving credit). (2 points) in blank #2 defend your credit choice by explaining why your financing option is the best option for you. (2 points) in blank #3 explain why you selected that credit option over the other two options available. (2 points)
Answers: 3
Rich, inc. acquired 30% of doane corp.'s voting stock on january 1, 2012 for $600,000. during 2012,...
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