subject
Business, 04.05.2021 16:30 Fedaca5

On January 1 , 2018, Rusty, Inc. decides to invest in 6,500 shares of Yearling stock when stock is selling for $20 share. On August 1 , 2018, Yearling paid a $0.30 per share cash dividend to stockholders. On December 31 2018, Yearling reports net income of $110,000 for 201B. Assume Yearling has 26,000 shares of voting stock outstanding during 2018 and Rusty has significant influence over Yearling. Required:
Identify what type of investment the Yearling stock for Rusty?

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 05:10, lorrainetakai1738
Suppose that the free states of eldricia, a small nation, has consumption, investment, government purchases, imports, and exports as follows. consumption $140 investment $50 government purchases $45 imports $30 exports $15 calculate the free states of eldricia's gdp
Answers: 2
image
Business, 22.06.2019 22:00, taliyahjhonson1
What legislation increased the ability for federal authorities to tap telephones and wireless devices, tightened the enforcement of money laundering activities, as well as broadened powers toward acts of terrorism and acts such as drug trafficking?
Answers: 2
image
Business, 22.06.2019 23:00, brok3morgan
The quinoa seed is in high demand in wealthier countries such as the u. s. and japan. approximately 97% of all quinoa production comes from small farmers in bolivia and peru who farm at high elevations—8,000 feet or higher. the seed is considered highly nutritious. mostly grown and harvested in bolivia and peru, and sold to markets in other countries, the seed is now considered an important for these nations. the governments of bolivia and peru are hopeful that this product will increase the quality of life of their farmers.
Answers: 3
image
Business, 23.06.2019 02:20, maustin5323
Which one of the following is not a typical current liability? a. interest payable b. current maturities of long-term debt c. salaries payable d. mortgages payable
Answers: 3
You know the right answer?
On January 1 , 2018, Rusty, Inc. decides to invest in 6,500 shares of Yearling stock when stock is s...

Questions in other subjects:

Konu
History, 21.04.2020 19:29