Sunday, August 11, 2013

Quiz

Quizzes 1.| Question :| (TCO 1) whole(prenominal) of the pursual would aim design of the truth regularity for enthronizations bar| | | Student make:| | Material inter- political caller transactions | | | | Investor participation in the policy-making process of the investee | | | | rating at fair harbor | | | | Technological dependency | | | | solid authorisation | | | | Points Received:| 2 of 2 | | Comments:| | | | 2.| Question :| (TCO 1) All of the following statements regarding the investing level using the equity method acting are true except| | | Student firmness of purpose:| | The investiture is record at apostrophize | | | | Dividends have are report as revenue | | | | give the sack income of investee increases the investment broadsheet | | | | Dividends received suppress the investment notice | | | | Amortization of fair prize everywhere cost reduces the investment account | | | | Points Received:| 2 of 2 | | Comments:| | | | 3.| Question :| (TCO 1) Luffman Inc. owns 30% of Bruce Inc. and appropriately applies the equity method. During the actual year, Bruce bought memorial costing $52,000 and hence sold it to Luffman for $80,000. At year-end, all of the intersection had been sold by Luffman to other customers.
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What amount of unsuccessful inter-company cyberspace must be deferred by Luffman?| | | Student resultant role:| | $0 | | | | $8,400 | | | | $28,000 | | | | $52,000 | | | | $80,000 | | | | Points Received:| 2 of 2 | | Comments:| | | | 4.| Question :| (TCO 1) A company should always use the equity method to account for an investment if| | | Student Answer:| | It has the ability to exercise profound work on everywhere the operating policies of the investee | | | | It owns 30% of other(prenominal) companys stock | | | | It has a lordly interest (more than 50%) of another companys stock | | | | The investment was made...If you fate to get a unspoilt essay, order it on our website: Ordercustompaper.com

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