Brady Logistics purchased a 30% equity interest in Belichick Delivery for $1,000,000 at the beginning of Year 1. During Year 1, Belichick declared $900,000 in net income and paid $400,000 in dividends. What AMOUNT OF NET INC will Brady report on this investment?
a. $150,000
b. $0
c. $270,000
d. $120,000
c. $270,000
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Employees at KarKare, Inc., believe that the company is fair to all employees, regardless of their age, gender, race, ethnicity, sexual orientation, or disability. It is accurate to say that KarKare has a positive
A. ethnocentric culture. B. diversity climate. C. role conflict. D. employee assistance program. E. transgender population.
[The following information applies to the questions displayed below.]On January 1, Year 1, Pierce Corporation issued $25,000 in 8%, 5-year bonds payable at 102. Interest payments are due each December 31. Pierce uses the straight-line method to amortize bond discounts and premiums.On January 1, Year 2, Pierce Corporation called the bonds payable at a price of $25,450. Which of the following shows the effect of this transaction on the elements of the financial statements? Assets=Liab.+Stk.EquityRev.?Exp.=Net Inc.Stmt. ofCash FlowsA.(25,450)=(25,400)+(50)NA?50=(50)(25,450)FAB.(25,450)=(25,400)+(50)NA?50=(50)(25,400)FA/(50)OAC.(25,450)=(25,450)+NANA?NA=NA(25,450)FAD.(25,450)=NA+(25,450)NA?25,450=(25,450)(25,450)OA
A. Option A B. Option B C. Option C D. Option D
The riskiness inherent in a firm's earnings per share (EPS) depends on both the types of projects the firm takes on and the manner in which the projects are financed.?
Answer the following statement true (T) or false (F)
The Employee Retirement Income Security Act passed in 1974 requires firms to provide a retirement plan for their employees.
Answer the following statement true (T) or false (F)