Under the equity method, dividend revenue is treated as ________.
A) a debit to revenue from investments
B) dividend revenue
C) a return of capital
D) a credit to current assets
C) a return of capital
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Sir Isaac Newton put England on the gold standard when he
A. set a market price for gold, the British pound and the U.S. dollar. B. declared, as master of the English mint, that he would sell gold for 1 lb., 1 shilling, 1 pence, under the law of one price. C. established a fixed equivalency between gold and the British currency. D. brought the matter to Queen Anne, who declared Britain would follow the gold standard.
A company has net sales of $1,200,000 and average accounts receivable of $400,000. What is its accounts receivable turnover for the period?
A. 3.0 B. 5.00 C. 20.0 D. 0.33 E. 73.0
Select three criticisms of promotion, and provide defenses to refute them.
What will be an ideal response?
A random sample of 22 employees of a local utility firm showed that their monthly incomes had a sample standard deviation of $110. Provide a 90% confidence interval estimate for the standard deviation of the incomes of all employees of the firm.
What will be an ideal response?