Business, 02.10.2019 05:20, 223103

On january 2, 20x3, kean company purchased a 30 percent interest in pod company for $250,000. pod reported net income of $100,000 for 20x3 and declared and paid a dividend of $10,000. kean accounts for this investment using the equity method. in its december 31, 20x3, balance sheet, what amount should kean report as its investment in pod?

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 09:50, winterblanco

phillips, inc. had the following financial data for the year ended december 31, 2019. cash $ 41,000 cash equivalents 75,000 long term investments 59,000 total current liabilities 149,000 what is the cash ratio as of december 31, 2019, for phillips, inc.? (round your answer to two decimal places.)

Answers: 3

continue

Business, 22.06.2019 10:30, SuBzErO24

Which maxim is being neglected in the following conversation? eli: how did you do at the track meet? caleb: i came in second place! eli: congratulations! what was your time? caleb: six minutes, four seconds. the guy who won only beat me by three seconds. eli: really? katie said the winning time was under 6 minutes. caleb: oh, well, he might have beat me by five seconds. a)maxim of quantity b)maxim of quality c)maxim of relevance d)maxim of manner

Answers: 1

continue

Business, 22.06.2019 19:40, Animallover100

Best burger is a major fast food chain. its managers are motivated to grow the firm in order to increase their market power and change the industry structure in their favor. which of the following strategies is most associated with their motive for growth? a. employing celebrity spokespeople b. implementing automated burger-making machinery c. purchasing competitors d. increasing executive salaries

Answers: 3

continue

Business, 22.06.2019 20:20, Hi123the

Garcia industries has sales of $200,000 and accounts receivable of $18,500, and it gives its customers 25 days to pay. the industry average dso is 27 days, based on a 365-day year. if the company changes its credit and collection policy sufficiently to cause its dso to fall to the industry average, and if it earns 8.0% on any cash freed-up by this change, how would that affect its net income, assuming other things are held constant? a. $241.45b. $254.16c. $267.54d. $281.62e. $296.44

Answers: 2

continue

Do you know the correct answer?

On january 2, 20x3, kean company purchased a 30 percent interest in pod company for $250,000. pod re...