Answer the following statements true (T) or false (F)
1. When an investor company owns more than 25% of the voting stock of an investee company,
it has a controlling influence.
2. The equity method with consolidation is used to account for long-term investments in equity
securities with controlling influence.
3. When the cost of a short-term held-to-maturity debt security is different from the maturity
value, the difference is amortized over the remaining life of the security.
4. Investments in trading securities are accounted for using the equity method with
consolidation.
5. Comprehensive income refers to all changes in equity during a period except those from
owners' investments and dividends.
1. FALSE
2. TRUE
3. FALSE
4. FALSE
5. TRUE
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______________________________ convey authority for the manufacture of a specified product or subassembly in specified quantity and describe the material, labor, and machine requirements for the job
Fill in the blank(s) with correct word
?Discuss the evolution of the marketing concept through the various types of orientation.
What will be an ideal response?
Every morning, Sycamore Dairy picks up milk that farmers have "milked" that morning. The dairy processes the milk and separates the cream from the milk. Some of the cream is then made into butter and packaged in various sizes of containers. The milk and remaining cream are blended into various products; sealed in pint, quart, and half-gallon containers; and then delivered to supermarkets in the quantities and assortments ordered. Sycamore Dairy is engaged in which regrouping activity?
A. accumulating B. bulk-breaking C. assorting D. sorting E. All these answers are correct.
Loans on which the interest is paid in advance are often called ________
A) premium loans B) long-term loans C) term deposits D) discount loans