Empresa Gama and Empresa Sigma have investments in common shares. Gama's investment gave him the ability to
Fantastic news! We've Found the answer you've been seeking!
Question:
Empresa Gama and Empresa Sigma have investments in common shares. Gama's investment gave him the ability to exert significant influence, but Sigma's did not. Suppose conditions changed for both companies in 2021. Now, Gama does not it has the capacity to exert significant influence, while Sigma does. Which of the two companies should retroactively adjust the investment balance?
a. Spectrum
b. Sigma
c. Both
d. None
Expert Answer:
Answer rating: 100% (QA)
Ans c both two companies should retroactively adjust the investment balan... View the full answer
Posted Date:
Students also viewed these mechanical engineering questions
-
Now suppose this project has an investment timing option, since it can be delayed for a year. The cost will still be $70 million at the end of the year, and the cash flows for the scenarios will...
-
The lid of a roof scuttle weighs 75 lb. It is hinged at corners A and B and maintained in the desired position by a rod CD pivoted at C; a pin at end D of the rod fits into one of several holes...
-
Spectrum Corporation has 600,000 shares of $75 par common stock outstanding. On February 13, Spectrum Corporation declared a 4% stock dividend to be issued April 30 to stockholders of record on March...
-
Let a 0. Solve |x| = 3.
-
Ozarks Camping Equipment, Inc., has established the following direct-material standards for its two products. During May, the company purchased 4,200 yards of tent fabric for its standard model at a...
-
You hedged your banks exposure to declining interest rates by buying one June Treasury bond futures contract at the opening price on April 10, as presented in Exhibit 8-2. It is now Tuesday, June 10,...
-
On January 2, 2006, the S. H. Park company installed a brand new $87,000 special moulding machine for producing a new product. The product and the machine have an expected life of three years. The...
-
Alomar Company manufactures four products from a joint production process: barlon, selene, plicene, and corsol. The joint costs for one batch are as follows: Direct materials.... $67,900 Direct labor...
-
What is the position of F on the number line below? Write your answer as a fraction or mixed number. 0 F 2
-
5 I . 1 2 im 4 5 5 7 B SCENARIO & REQUIREMENTS SCENARIO: You have invented the first maintenance-free jet wax called "Jetwax 100." Jetwax 100 can last up to 1 year on any plane surface. In order to...
-
1. Assuming Proper Company acquired 70% of the outstanding ordinary share of Stopper Company for P105,000 and non-controlling interest is measured at fair value of P61,000, how much is goodwill (gain...
-
If your company, which uses the perpetual method, purchases inventory for $10,000 at 2/10 net 30, records the purchase as shown below, and pays in full after the discount period, what should you do?...
-
How will your communication research help other fields? Please provide credible sources. 2. What does "offering a legacy" look like with your research? Please provide credible sources. 3. What...
-
Scott finances a Jet Ski for $4,600 by taking out an installment loan for 48 months. The payments are $153.33 per month and the total finance charge is $2,759.84. After 36 months, Scott decided to...
-
In testing a certain kind of missile, target accuracy is measured by the average distance X (from the target) at which the missile explodes. The distance X is measured in miles and the sampling...
-
Fernando (age 53) established Embolden Financial Services 25 years ago. Five years ago he brought Nadine (age 49) into the partnership. They are both owners and principals and together hold the...
-
In each of the following independent cases, indicate the amount (1) deductible for AGI, (2) deductible from AGI, and (3) deductible neither for nor from AGI before considering income limitations or...
-
Imagine you are the HR manager at a company, and a female employee came to you upset because she felt a male coworker was creating a hostile work environment by repeatedly asking her out on dates...
-
Saldajeno Company is considering the purchase of a new machine. The invoice price of the machine is \($125,000\), freight charges are estimated to be \($4,000\), and installation costs are expected...
-
Many companies today choose to outsource even key elements of product de- sign and development. PEP designs is a leading supplier of outsourced engineering and manufacturing product development for...
-
Electronix Plus manufactures private-label small electronic products, such as alarm clocks, calculators, kitchen timers, stopwatches, and automatic pencil sharpeners. Some of the products are sold as...
Study smarter with the SolutionInn App