Eliasen, Inc invests its excess cash in Creative Technologies, Inc and acquires 3,300 shares for $32

50 per share. Eliasen, Inc owns less than 2% of Creative's voting stock and plans to hold the stock for two years. Which of the following is the correct journal entry for the transaction?

A)
Long-term Investments-Held-to-Maturity 107,250
Cash 107,250

B)
Cash 107,250
Long-term Investments-Held-to-Maturity 107,250

C)
Cash 107,250
Long-term Investments-Available-for-Sale 107,250

D)
Long-term Investments-Available-for-Sale 107,250
Cash 107,250


D

Business

You might also like to view...

Ordinary repairs usually result in a debit to the appropriate Accumulated Depreciation account

Indicate whether the statement is true or false

Business

Using the previous scenario – You developed a program logic model for an e-learning curriculum to be used by new call center agents as part of their orientation program. Now you are converting your program logic model to a training impact model as described by Brinkerhoff. Insert each of the following items under the appropriate category of the training impact model in the table.

? E-learners’ course test scores
? Call center agents’ successful use of techniques learned from e-learning courses
? Average number of minutes spent per call
? Callers’ satisfaction levels

image

Business

The capacity to build and protect competitive advantage rests on

A. knowledge assets and competencies. B. police surveillance. C. employee unions. D. money.

Business

In which type of group talk might the members discuss how their midterms went, the parking situation on campus, and how the weather has been?

a. problem-solving talk b. decision-making talk c. consciousness-raising talk d. encounter talk

Business