subject
Business, 03.05.2021 14:30 2019jbash

g On January 2, 2020, United Health Group Inc. purchased 14% of Lionbridge's common stock for $53,000. During 2020, Lionbridge declared and paid a dividend of $66,500. Lionbridge's net income for the year ended December 31, 2020 was $17,000. On December 31, 2020, the fair value of the Lionbridge stock owned by United Health Group Inc. had increased to $69,000. How much should United Health Group Inc. show in the 2020 income statement (as part of Net Income) as income from this investment

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 16:10, ilovemymodelinglife
Martinez manufacturing applies overhead based on direct labor hours. the company estimates that their overhead for the year will be $180,000, and that they will use 72,000 direct labor hours. during the year, martinez manufacturing actually used 75,000 direct labor hours and actual overhead costs were $190,000. at the end of the year, manufacturing overhead was: overapplied by $2,500. overapplied by $10,000. underapplied by $2,500. underapplied by $10,000.
Answers: 2
image
Business, 22.06.2019 01:00, hannahv10
The law says your employer is responsible for providing you with a safe and healthy workplace. true or false?
Answers: 1
image
Business, 22.06.2019 13:10, kell22wolf
Lin corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. the company’s monthly fixed expense is $32,400. required: 1. calculate the unit sales needed to attain a target profit of $5,000. (do not round intermediate calculations.) 2. calculate the dollar sales needed to attain a target profit of $8,400.
Answers: 3
image
Business, 22.06.2019 22:30, nevejames07
Experts are particularly concerned about four strategic metal resources that are important for the u. s. economy and military strength, and that must be imported. what percentage does the u. s. import? *
Answers: 2
You know the right answer?
g On January 2, 2020, United Health Group Inc. purchased 14% of Lionbridge's common stock for $53,00...

Questions in other subjects: