Business

Business, 20.07.2019 14:10, 321596

The equity method with consolidation is used to account for long-term investments in equity securities with controlling influence. a. true b. false

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Business, 13.08.2019 04:30, benoitjaylewe

At year-end, rim co. held several investments with the intent of selling them in the near term. the investments consisted of $100,000, 8%, five-year bonds, purchased for $92,000, and equity securities purchased for $35,000. at year-end, the bonds were selling on the open market for $105,000 and the equity securities had a market value of $50,000. what amount should rim report as trading securities in its year-end balance sheet?

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Business, 23.08.2019 03:10, querline87

Equity securities in which the investor owns less than 20% ownership in the voting stock of the investee generally can be classified as equity investments. a. significant influence b. controlling interest c. held-to-maturity d. no significant influence

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Business, 19.09.2019 17:30, aiken11192006

Coca-cola invests in securities of other companies and categorizes them as trading, afs, and equity method investments. which statement is true concerning impairment testing of these investments? a. impairment testing only occurs for investments with an active market. b. impairment is always reported if the book value of the investment significantly exceeds its market value. c. impairment testing only occurs for investments carried at fair value. d. only coca-cola’s afs and equity method investments are tested for impairment.

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Business, 01.11.2019 06:31, kathrynway2715

Prior to gaap for equity method investments, firms often used the cost method to account for their unconsolidated investments in common stock regardless of the presence of significant influence. the cost method employed the cash basis of income recognition. when the investee declared a dividend, the investor recorded "dividend income." the investment account typically remained at its original cost—hence the term cost method. many firms' compensation plans reward managers based on reported annual income. how might the use of the cost method of accounting for significant influence investments have resulted in unintended wealth transfers from owners to managers? do the equity or fair-value methods provide similar incentives?

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