Wendell Company owns 28% of the common stock of Porter Company and accounts for the investment using the equity method. Assuming that Wendell Company purchased the stock several years ago, the balance in the investment account would be equal to the cost of the
a. investment only
b. investment plus Wendell's share of Porter's net income earned since the investment was purchased
c. investment plus the total amount of dividends Wendell has received from Porter since the investment was purchased
d. investment plus Wendell's share of Porter's net income earned since the investment was purchased minus the total amount of dividends Wendell has received from Porter since the investment was purchased
d
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Norwood, Inc purchased a crane at a cost of $80,000 . The crane has an estimated residual value of $5,000 and an estimated life of 8 years, or 12,500 hours of operation. The crane was purchased on January 1, 2015 and was used 2,700 hours in 2015 and 2,600 hours in 2016. Refer to the information for Norwood, Inc Based on this information, what method of depreciation will produce the maximum
depreciation expense in 2015? a. Straight-line b. Double-declining-balance c. Units-of-production d. All methods produce the same expense in 2015.
In meiosis, the reduction from 2n to n is accomplished by sister chromatids splitting apart and migrating to opposite daughter cells.
Answer the following statement true (T) or false (F)
________ is one of the three organizational factors that influence a salesperson's performance.
A. Sales aptitude B. Career stage C. Company marketing budget D. Job experience E. Education
In addition to extensive online and outdoor advertising, Under Armour has intensified its ________ efforts by signing Washington Nationals baseball star Bryce Harper to the biggest endorsement deal for an MLB player.
A. branding B. differentiation C. value D. social media E. logo