Answer:
Perfection records in it's books an Investment in Associate of $486,000
Explanation:
Hi, your question has missing information, i tried to look for the full question online but I could not find it.
However, I have prepared below explanation to the problem.
When a firm has investments into another firm of less than 50% voting rights in stake but greater than 20% we say that firm has significant influent in the investee. The firm is said to have an Investment in an Associate.
Investments in Associates are always recorded using the Equity Method of Accounting.
<u>Entries for Investment in Associate are :</u>
Debit :Investment in Associate ($1,944,000 × 25%) $486,000
Credit : Share of profits of associate $486,000
Conclusion :
Perfection records in it's books an Investment in Associate of $486,000
Answer:
C
Explanation:
The recent global boom in the market price for scrap steel and aluminum<em><u> has led to a sudden rise in the theft of everyday metal objects like manhole covers, guard rails, and empty beer kegs.
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Answer: im also working on my school work and i also need help i tried to work on that question im confused but i know that 22,567-97% is 677.01
Answer:
The new beta of the portfolio 1.17
Explanation:
Portfolio beta is sum of weighted beta of all stocks consisting of it.
Portfolio beta = 1.12
Weight of each portfolio = 5,000
All weight or Amount = 5,000 * 20 = 100,000
Weight of one stock = 5,000 / 100,000 = 0.05
Foregone beta or beta of sold stock = 1
Acquired beta or beta of purchased stock = 2
Weight of both are same = 0.05
New beta = Portfolio beta - (foregone beta * weight) + (Acquired beta * weight)
New beta = 1.12 - (1 * 0.05) + (2 * 0.05)
New beta = 1.12 - 0.05 + 0.1
New beta = 1.17
So New portfolio beta is 1.17
Answer: The Limited Liability Company enjoys this benefit.
Explanation:
A Limited Liability Company is a hybrid organization that combines the features of a corporation with those of a partnership or sole proprietorship.
The credits and deductions of the company are passed through to partners to file on their individual tax returns.
Credits and deductions are divided by the percentage of individual interest each partner has in the company.
Unlike shareholders in a corporation, LLCs are not taxed as a separate business entity. Instead, all profits and losses are “passed through” the business to each member. LLC members report profits and losses on their personal federal tax returns, just like the owners of a partnership would.
