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1. Simmons Corporation owns stock of Armstrong, Inc prior to 2010 the investment was accounted for using the equity method. In early 2010, Simmons sold part of its investment in Armstrong, and began using the fair value method. In 2010, Armstrong earned net income of $80,000 and paid dividends of $95,000. Prepare Simmons's entries related to Armstrong's net income and dividends, assuming Simmons now owns 10% of Armstrong's stock.
What is the amount of dividends received by the common stockholders in 2010?
1. prepare a statement of cash flows for the current year using the indirect method.2. using horizontal analysis
The most you would pay for the business is 20 times the monthly net income you could expect to earn from it. Compute this possible price. The least O'Henry will take for the business is his endingcapital. Compute this amount. Under these condition..
selected account balances for matisyahu company at january 1 2010 are presented below.accounts payable 13696accounts
Are the international differences in the formats of financial statements a major obstacle to comparing the statements?
the 2010 income statement of holly enterprises shows operating revenues of 134800 selling expenses of 38310 general and
Each unit requires 4 poundsof material that costs $6 each. Sommer's production budget should be:
Your supervisor thinks that the company where you work should be using batch processing instead of real-time processing. You have been asked to prepare a written paper identifying situations in which batch processing would be preferred over real-t..
Ultimately, people make or break a security posture. People who do things they should not do, whether or not intentional, always trump the best technology.
Companies occasionally sell more than one security for a single price. How is the issue price allocated among the separate securities?
1) What are the tax advantages and disadvantages of the C corporation form of doing business . List at least 2advantages and 2 disadvantages. Explain each item on your list with an example.
what are the financial techniques used to evaluate capital projects in an organization? with respect to the
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