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Ksenya-84 [330]
2 years ago
15

Blanco Company purchased 200 of the 1,000 outstanding shares of Darby Company's common stock for $600,000 on January 2, 2018. Du

ring 2018, Darby Company declared dividends of $100,000 and reported earnings for the year of $400,000.If Blanco Company uses the equity method of accounting for its investment in Darby Company, its Equity Investments (Darby) account at December 31, 2018 should be1. $580,000.2. $600,000.3. $660,000.4. $680,000.
Business
1 answer:
Kruka [31]2 years ago
5 0

Answer:

$660,000

Explanation:

The computation of the equity investment is shown below:

= (Common stock balance) + (Earnings × purchased shares ÷ Total outstanding shares) - (dividend × purchased shares ÷ Total outstanding shares)

= ($600,000) + ($400,000 × 200 shares ÷ 1,000 shares) - ($1,00,000 × 200 shares ÷ 1,000 shares)

= $600,000 + $8,0000 - $20,000

=$660,000

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Answer:

Invisible Hand Concept

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An assistant to the mayor, who claims to understand statistics, complains about your confidence interval calculation. She assert
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Answer:

29

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This holds true usually if the population size is n is equal or greater than 30 (that is greater than 29). It does not matter if the population is skewed or normal.

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The attributes that Bob says he has no problems with are PRIMARY in nature but he seems to have problems with the weight and educational backgrounds of some employees and insinuates that they are less efficient at doing what he does.

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