Business
Business, 19.05.2020 18:09, braphi5609

Blossom, Inc. acquired 40% of Splish Corporation's voting stock on January 1, 2021 for $1100000. During 2021, Splish earned $430000 and paid dividends of $270000. Blossom's 40% interest in Splish gives Blossom the ability to exercise significant influence over Splish's operating and financial policies. During 2022, Splish earned $530000 and paid cash dividends of $170000 on April 1 and $170000 on October 1. On July 1, 2022, Blossom sold half of its stock in Splish for $690000 cash. The carrying amount of this investment in Blossom's December 31, 2021 balance sheet should be

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 12:30, bcarri4073
M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.
Answers: 1
image
Business, 22.06.2019 17:00, HourlongNine342
Serious question, which is preferred in a business? pp or poopoo?
Answers: 1
image
Business, 22.06.2019 20:30, destinyd10189
Before the tools that have come from computational psychiatry are ready to be used in everyday practice by psychiatrics, what is needed
Answers: 1
image
Business, 22.06.2019 20:40, chelsea73
Owns a machine that can produce two specialized products. production time for product tlx is two units per hour and for product mtv is four units per hour. the machine’s capacity is 2,100 hours per year. both products are sold to a single customer who has agreed to buy all of the company’s output up to a maximum of 3,570 units of product tlx and 1,610 units of product mtv. selling prices and variable costs per unit to produce the products follow. product tlx product mtv selling price per unit $ 11.50 $ 6.90 variable costs per unit 3.45 4.14 determine the company's most profitable sales mix and the contribution margin that results from that sales mix.
Answers: 3
Do you know the correct answer?
Blossom, Inc. acquired 40% of Splish Corporation's voting stock on January 1, 2021 for $1100000. Dur...

Questions in other subjects:

Konu
Mathematics, 28.05.2021 03:00