Business, 26.08.2019 18:20, ashleybashaam6821
On january 1, 20x4, pony company acquired 25% of stallion company's common stock at underlying book value of $200,000. stallion has 80,000 shares of $10 par value, 6 percent cumulative preferred stock outstanding. no dividends are in arrears. stallion reported net income of $270,000 for 20x4 and paid total dividends of $140,000. pony uses the equity method to account for this investment. based on the preceding information, what amount would pony company receive as dividends from stallion for the year?
Answers: 1
Business, 22.06.2019 10:00, Randomkid0973
University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.
Answers: 1
Business, 22.06.2019 10:30, kingyogii
The rybczynski theorem describes: (a) how commodity price changes influence real factor rewards (b) how commodity price changes influence relative factor rewards. (c) how changes in factor endowments cause changes in commodity outputs. (d) how trade leads to factor price equalization.
Answers: 1
On january 1, 20x4, pony company acquired 25% of stallion company's common stock at underlying book...
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