Investment in common stock

Reference no: EM13129305

A change from the cost method to the equity method of accounting for an investment in common stock resulting from an increase in the number of shares help by the investor requires:

A. only footnotes

b. that the cumulative amount of the change be shown as a line item on the income statement.

C. that the change be account for as an unrealized gain included in other comprehensive income.

d. retroactive restatement as if the investor always had used the equity method.

Reference no: EM13129305

Questions Cloud

Letter to floorgraphics requesting information : Letter to Floorgraphics requesting information about underfoot advertising. You work for Alberta Greenwood, owner of Better Bike and Ski Shop

Color of light emitted is characteristic to element : Explain why the colour of the light emitted by an element in the gaseous state is characteristic of the element & explain with a sketch diagram how a hydrogen atom, which has only one electron, has so many spectral lines.

What is the mass of h2o2 (mm = 34.02 g/mole) decomposed : If 6.06 L of O2 gas is collected over water at 250C (vapor pressure = 23.8 torr) and a barometric pressure of 702 torr, what is the mass of H2O2 (MM = 34.02 g/mole) decomposed?

"college campuses are less safe without concealed weapons" : "College Campuses Are Less Safe Without Concealed Weapons"

Investment in common stock : A change from the cost method to the equity method of accounting for an investment in common stock resulting from an increase in the number of shares help by the investor requires:

Identifying and explain dipolar ions : Identifying dipolar ions, There is a question in my textbook that reads P-amino acid is not a dipolar ion, whereas glycine (aminoacetic acid) is not a dipolar ion- how do you account for this?

Calculate the economic rate of return on common stock : Which of the following formulas should be used to calculate the economic rate of return on common stock?

Compute value of the test statistic and the p-value : Determining whether or not the proportion of the population in favor of Candidate A is significantly more than 80%. The value of the test statistic and the p-value respectively are?

Information regarding integration by substitution : Evaluate double integral: (int from 0 to 1). (int from 0 to cos inverse y). [square root (1 + sin x) dx dy.

User Account

All Pages