6. In the case of an investment in equity securities where the investor does not have significant influence and the investment is carried at fair value, a dividend from the investee is: a. A reduction of the carrying amount of the investment. b. Income to the investor in the period of declaration. c. An expense to the investor in the period of declaration. d. A direct increase to retained earnings of the investor to offset the direct decrease to retained earnings of the investee.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “6. In the case of an investment in equity securities where the investor does not have significant influence and the investment is carried ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
The independent cases are listed below that includes all items relevant to operating activities: Case A Case B Case C Sales revenue $ 70,000 $ 60,000 $ 101,000 Cost of goods sold 37,500 28,500 67,500 Depreciation expense 10,500 2,500 26,500 Salaries
Answers (1)
If actual overhead is greater than applied manufacturing overhead, then manufacturing overhead is: Select one: a. underapplied. b. overapplied. c. a loss on the income statement under "Other Expenses and Losses." d.
Answers (1)
The tools for conducting a risk analysis can include the documents that define, categorize, and rank risks.
Answers (1)
Perez, Inc., applies the equity method for its 25 percent investment in Senior, Inc. During 2018, Perez sold goods with a 40 percent gross profit to Senior, which sold all of these goods in 2018.
Answers (1)
How involved should governments be in regulating foreign trade? are free markets better than regulated markets, or vice versa?
Answers (1)
New Questions in Business
Yum! Brands just paid an annual dividend of $2.20 a share and is expected to increase that amount by 2.2 percent per year.
Answers (1)
Exercise 21-11 Atlanta Company is preparing its manufacturing overhead budget for 2017. Relevant data consist of the following. Units to be produced (by quarters) : 10,400, 12,400, 14,200, 16,600. Direct labor: Time is 1.7 hours per unit.
Answers (1)
Bonner Collision has shareholders' equity of $141,800. The firm owes a total of $126,000 of which 60 percent is payable within the next year. The firm net fixed assets of $161,900. What is the amount of the net working capital
Answers (1)
Sunland Company had 1570000 shares of common stock issued and outstanding at December 31, 2020. On July 1, 2021 an additional 1259000 shares were issued for cash.
Answers (1)
The new oven in Mr. Browns bakery allows him to produce bread more efficiently and more cheaply.
Answers (1)