Business, 10.03.2020 02:12, dalechloe5596
Penrose Corporation acquired 80% of the voting stock of Speedy Company several years ago. There were no revaluations of Speedy's identifiable net assets, and the excess of acquisition cost over Speedy's book value was attributed entirely to goodwill.
Some information for 2021:
1. Consolidated depreciation expense was $400, and the goodwill impairment loss was $30.
2. Plant assets with an original cost of $300 were sold for $20.
3. Penrose declared and paid $50 in cash dividends.
4. Speedy declared and paid $10 in cash dividends.
On the consolidated statement of cash flows for 2021, total cash dividends paid is:
A) $50
B) $52
C) $10
D) $40
Answers: 2
Business, 22.06.2019 12:00, ddaaaeeee3503
Which of the following is one of the advantages primarily associated with a performance appraisal? (a) it protects employees against discrimination on the basis of race. (b) it motivates employees to work on their shortcomings. (c) it encourages employees to play the role of the whistle-blower. (d) it accurately measures the resources of the firm.
Answers: 2
Business, 22.06.2019 22:50, esid906
Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.
Answers: 2
Business, 22.06.2019 23:00, aprilleigh102
Ernesto baca is employed by bigg company. he has a family membership in his company's health insurance program. the annual premium is $5,432. ernesto's employer pays 80% of the total cost. ernesto's contribution is deducted from his paycheck. what is his annual contribution? $1,086.40 $1,125.65 $1,527.98 $1,567.20 save and exit
Answers: 3
Penrose Corporation acquired 80% of the voting stock of Speedy Company several years ago. There were...
Social Studies, 15.04.2020 03:28