Business
Business, 21.04.2020 19:00, jaylasmith884

Emerald Investments, Inc. purchased 40% of the common stock of Diamond Corporation on March 1, 2018. Diamond Corporation reports a net income of $675,000 for the year 2019. Which of the following is true of the balance sheet on December 31, 2019?
a. Total assets will remain unchanged.
b. Total liabilities will decrease.
c. Total equity will increase.
d. Cash will increase.

answer
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 14:30, makayyafreeman
Aconsumer values a house at $525,000 and a producer values the same house at $485,000. if the transaction is completed at $510,000, what level of tax rate will result in unconsummated transaction?
Answers: 2
image
Business, 22.06.2019 07:00, Maria3737
For the past six years, the price of slippery rock stock has been increasing at a rate of 8.21 percent a year. currently, the stock is priced at $43.40 a share and has a required return of 11.65 percent. what is the dividend yield? 3.20 percent 2.75 percent 3.69 percent
Answers: 3
image
Business, 23.06.2019 01:30, sabrinarasull1pe6s61
Akika corporation started as a small firm and has grown substantially in the past decade. its interests span from electronics to real estate and aviation. akika's board of directors have now decided to create independent business units for and categorize the actions performed under each domain. each business unit will have distinct roles and responsibilities. which of the 14 principles of fayol does this exemplify?
Answers: 3
image
Business, 23.06.2019 02:30, maymaaz
Harmon inc. produces joint products l, m, and n from a joint process. information concerning a batch produced in may at a joint cost of $75,000 was as follows:
Answers: 3
Do you know the correct answer?
Emerald Investments, Inc. purchased 40% of the common stock of Diamond Corporation on March 1, 2018....

Questions in other subjects:

Konu
Arts, 18.05.2021 09:40