Power Corporation acquires 30% of the outstanding voting common shares of the Inroad Corporation for $600,000 . Power Corporation acquires the investment in Inroad Corporation by buying previously issued shares of Inroad Corporation from other investors. Power Corporation records income earned by Inroad Corporation as a(n) _____, while the dividend _____, and _____ account
a. increase in investment; returns part of the investment; decreases the Investment in Stock of Inroad Corporation
b. increase investment revenue; returns part of the investment; decreases the Investment in Stock of Inroad Corporation
c. increase investment revenue; decreases investment revenue; increases the Investment in Stock of Inroad Corporation
d. decrease in investment; returns part of the investment; increases the Investment in Stock of Inroad Corporation
e. decrease in investment; decreases investment revenue; increases the Investment in Stock of Inroad Corporation
A
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When eliminating filters and biases to understand what a speaker is saying requires what type of listening skill?
A) Content B) Critical C) Empathic D) Active E) Effective
Data on Shin Inc for last year are shown below, along with the inventory conversion period (ICP) of the firms against which it benchmarks. The firm's new CFO believes that the company could reduce its inventory enough to reduce its ICP to the benchmarks' average. If this were done, by how much would inventories decline? Use a 365-day year. Do not round your intermediate calculations. Cost of goods sold =$71,000Inventory =$20,000Inventory Conversion Period (ICP) =102.82Benchmark Inventory Conversion Period (ICP) =38.00?
A. $12,608 B. $14,752 C. $11,221 D. $11,347 E. $12,482
According to Peter Drucker, what are managers who do things right addressing?
A. Efficiency. B. Effectiveness. C. Both efficiency and effectiveness. D. Customer metrics.
Megan was employed by a large company. Her supervisor told her to falsify government reports. She refused and was fired. She sued for wrongful discharge. Her employer claimed that, since Megan was an at-will employee, she had no legal right to claim the company was liable for damages. Is the employer right?
A. Yes. An at-will employee does not have a legal right to claim wrongful discharge of employment. B. Yes. As an employee, Megan owes a duty of loyalty to her employer. If the company was found to have acted illegally by falsifying the reports, it (not Megan) would be liable. C. No. Even though Megan was an at-will employee, such employees may not be fired without just cause. D. No. Though at-will employees do not have extensive rights relative to job security, they may not be legally fired for refusing to perform an illegal act.