Beige Corporation pays $500,000 to acquire 40% of the equity securities of Olive Technologies, Inc. on May 5, 2017. This investment will be classified as a(n) ________
A) trading investment
B) available-for-sale
C) significant interest investment
D) held-to-maturity
C
You might also like to view...
To facilitate interaction with people whose cultural background or gender differs from your own, you need to do which of the following?
A. open yourselves to and respect the differences that exist B. maintain a rigid outlook C. avoid conversation D. ignore the differences that exist
Why is XBRL needed in the financial community? In your opinion, why did the Securities and Exchange Commission mandate its usage? What does it provide that was not available before XBRL?
What will be an ideal response?
The retail price of a sweater is $75, and the initial markup is 51 percent. Calculate the cost of the product.
A. $25.71 B. $42.85 C. $28.50 D. $36.75 E. $33.75
______ are a total ban on the importing of a product from one or more countries.
a. Embargos b. Quotas c. Subsidies d. Tariffs