Business
Business, 23.09.2020 14:01, kailinaguilar2187

Eton Corporation acquires 30% of the voting stock of Fairfield Company for $60,000,000 on January 1, 2019, and classifies the investment as an equity method investment. At the time, the book value of the company was $200,000,000. During 2019, Fairfield reported net income of $2,400,000 and declared and paid dividends of $1,000,000. Both companies have December 31 year-ends. At what amount will Eton report its investment in Fairfield on its December 31, 2019 balance sheet

answer
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 06:50, kat2788
Suppose the marginal damage and marginal benefit curves in a polluted neighborhood are md = p/3 and mb = 4 – p. also, suppose that transactions costs are low, so that the consumers and the firm can bargain. we saw that in this case, the socially-optimal level of pollution is achieved. start by computing the socially-optimal p. then, for each of the following cases, compute the amount of money transferred through the bargaining process, and indicate who pays whom (i. e., whether consumers pay the firm, or vice versa). also, compute the gains to each party relative to the status quo (i. e., the starting point of the bargaining process).a)consumers have the right to clean air; firm is dominant in the bargaining process. b)consumers have the right to clean air; consumers are dominant in the bargaining process. c)firm has the right to pollute; firm is dominant in the bargaining process. d)firm has the right to pollute; consumers are dominant in the bargaining proces
Answers: 1
image
Business, 22.06.2019 16:30, nculberson6
Who got instagram! ? if you do give it to me
Answers: 1
image
Business, 22.06.2019 22:00, toxsicity
Which of the following statements about nonverbal communication is most accurate? a. the meanings of some gestures can vary among cultures b. the way an e-mail, letter, memo, or report looks can have either a positive or a negative effect on a receiver c. the manner in which we structure and use time can reveal our personalities and attitudes d. all statements are accurate
Answers: 1
image
Business, 23.06.2019 10:30, alyssatamayo641
This pie chart shows a sample weekly budget. in this budget, how much money is going toward optional expenses? $70 $75 $10 $35
Answers: 1
Do you know the correct answer?
Eton Corporation acquires 30% of the voting stock of Fairfield Company for $60,000,000 on January 1,...

Questions in other subjects:

Konu
Biology, 29.06.2019 01:30