Business
Business, 15.04.2020 01:34, Jazminnexoxo1093

Oriole Company purchased 300 of the 1000 outstanding shares of Skysong Company's common stock for $660000 on January 2, 2021. During 2021, Skysong Company declared dividends of $140000 and reported earnings for the year of $270000. If Oriole Company uses the equity method of accounting for its investment in Skysong Company, its Equity Investments (Skysong) account at December 31, 2021 should be .

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 05:00, mjam85877
What is free trade? a. trade that is not subject to taxes or fees b. trade that governments do not interfere with c. trade with a high level of government regulation d. trade between states in the u. s. b
Answers: 1
image
Business, 22.06.2019 14:40, smithnakayla19
Increases in output and increases in the inflation rate have been linked to
Answers: 2
image
Business, 22.06.2019 21:10, winterblanco
The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be:
Answers: 2
image
Business, 23.06.2019 02:00, nett4386
Acompany sells garden hoses and uses the perpetual inventory system to account for its merchandise. the beginning balance of the inventory and its transactions during september were as follows:
Answers: 2
Do you know the correct answer?
Oriole Company purchased 300 of the 1000 outstanding shares of Skysong Company's common stock for $6...

Questions in other subjects:

Konu
English, 27.10.2020 04:40
Konu
Mathematics, 27.10.2020 04:40