Business, 19.11.2019 05:31, jonathanrgarcia

Frankfort corporation purchases an investment in bradley, inc. at a purchase price of $9.8 million cash, representing 40% (at book value) of bradley. during the year, bradley reports net income of $1,680,000 and pays $413,000 of cash dividends. at the end of the year, the market value of frankfort’s investment is $11.9 million. what amount of equity earnings would be reported by frankfort corporation? select one: a. $165,000b. $672,000c. $507,000d. $1,267,000e. none of the above

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 02:50, isbella29

Wren pork company uses the value basis of allocating joint costs in its production of pork products. relevant information for the current period follows: product pounds price/lb. loin chops 3,000 $ 5.00 ground 10,000 2.00 ribs 4,000 4.75 bacon 6,000 3.50 the total joint cost for the current period was $43,000. how much of this cost should wren pork allocate to loin chops?

Answers: 1

continue

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

continue

Business, 22.06.2019 09:50, shanedawson19

Is exploiting a distinctive competence or improving efficiency for competitive advantage. (a) cooptation (b) coalition (c) competitive intelligence (d) competitive aggression (e) smoothing

Answers: 1

continue

Business, 22.06.2019 10:20, mia7955

Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.

Answers: 3

continue

Do you know the correct answer?

Frankfort corporation purchases an investment in bradley, inc. at a purchase price of $9.8 million c...