Tuesday
March 31, 2015

Homework Help: fundamental accounting principle II

Posted by Sharon on Sunday, February 17, 2013 at 7:11pm.

How do I explain to a customer about the $6000. loss reported on the sale of its investment of common stock that the customer has 40% interest. When the 2010 income statement reported earning form all investments were $126,000. On January 2011 the company sold the investment stock for $575,000 and was purchase for $500,000. The investment did not pay dividends during 2010?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

tax - For 2011, Jorge, a single father, reported the following amounts relating ...
accounting - Pike Corporation paid $100,000 for a 10% interest in Salmon Corp. ...
accounting for investments - Can someone check my answers. -For each of the ...
accounting - Ziegler Corporation purchased 25,000 shares of common stock of the ...
Accounting - The equity method of accounting for investments a. requires a year-...
income tax - For 2011, Jorge, a single father, reported the following amounts ...
Accounting - started the accounting period with $30000 in cash assets, $18000 of...
Accounting - I have the following items listed on a balance sheet and income ...
accounting - A bond sinking fund investment is started on January 5, 2010, by ...
programming logic - The No Interest Credit Company provides zero-interest loans ...

Members