Hiram Co. uses the equity method to account for investments in common stock. What accounting should be
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (14 reviews)
If company using equity method to account for investments in common ...View the full answer
Answered By
Atuga Nichasius
I am a Highly skilled Online Tutor has a Bachelor’s Degree in Engineering as well as seven years of experience tutoring students in high school, bachelors and post graduate levels. I have a solid understanding of all learning styles as well as using asynchronous online platforms for tutoring needs. I individualise tutoring for students according to content tutoring needs assessments.
My strengths include good understanding of all teaching methods and learning styles and I am able to convey material to students in an easy to understand manner. I can also assists students with homework questions and test preparation strategies and I am able to help students in math, gre, business , and statistics
I consider myself to have excellent interpersonal and assessment skills with strong teaching presentation verbal and written communication
I love tutoring. I love doing it. I find it intrinsically satisfying to see the light come on in a student's eyes.
My first math lesson that I taught was when I was 5. My neighbor, still in diapers, kept skipping 4 when counting from 1 to 10. I worked with him until he could get all 10 numbers in a row, and match them up with his fingers.
My students drastically improve under my tutelage, generally seeing a two grade level improvement (F to C, C to A, for example), and all of them get a much clearer understanding!
I am committed to helping my students get the top grades no matter the cost. I will take extra hours with you, repeat myself a thousand times if I have to and guide you to the best of my ability until you understand the concept that I'm teaching you.
5.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
Suppose that a market consists of 100 buyers who are each willing to buy at most one unit of a good. Willingness to pay is equal to: $20 for the first 20 buyers $18 for the following 10 buyers $12...
-
Hatch Co. uses the equity method to account for investments in common stock. What accounting should be made for dividends received in excess of Hatchs share of investees earnings subsequent to the...
-
Mainmont Industries uses the equity method to account for its long-term equity investments from affiliates. The following information from the financial statements of Mainmont refers to an investment...
-
To some U.S. manufacturers and labor unions, a cheap yuan value gives China's advantage in the global economy. bankers exports importers subsidies an unfair
-
Return to the facts of problem 66. If the stock is subject to substantial restrictions, what are the tax consequences for both Louise and Somerton on the date Louise is granted the stock option and...
-
To get an idea of how empty deep space is on the average, perform the following calculations: (a) Find the volume our Sun would occupy if it had an average density equal to the critical density of 10...
-
In interface design, what role do patterns play (or what role should they play)? Provide an example for patterns when you use an ATM to withdraw cash.
-
Tiffany Goren started her own consulting firm, Goren Consulting, on May 1, 2010. The trial balance at May 31 is as shown below. In addition to those accounts listed on the trial balance, the chart of...
-
Selected current year-end financial statements of Cabot Corporation follow. (All sales were on credit; selected balance sheet amounts at December 31 of the prior year were inventory, $50,900; total...
-
Allie has bought a new apple orchard. The orchard has a single file of trees, numbered from 1 to N. Each tree has a certail number of ripe apples. Allie has a rule she wants to follow. She wants to...
-
Kalin Corporation had 2012 net income of $1,000,000. During 2012, Kalin paid a dividend of $2 per share on 100,000 shares of preferred stock. During 2012, Kalin had outstanding 250,000 shares of...
-
Describe the two criteria for determining the valuation of financial assets.
-
Research the Blue Coat Systems incident and write a report of your findings. Did the company illegally sell surveillance products to Syria? Which element of the marketing mix is most related to this...
-
Why is word of mouth more powerful than an advertised message?
-
Mobile has a diverse array of advertising options. What are some of the most popular, and how can each help visually and verbally express the key consumer benefit?
-
What are the pros and cons of Internet and social media marketing?
-
Why is customer service considered a must for an IMC campaign?
-
Why are more brands incorporating alternative media into their promotional mix?
-
Famas Llamas has a weighted average cost of capital of 11.5 per cent. The companys cost of equity is 16 per cent, and its cost of debt is 8.5 per cent. The tax rate is 35 per cent. What is Famas...
-
Identify the Critical Infrastructure Physical Protection System Plan.
-
A single card is drawn from a standard 52-card deck. Test the following events for independence: (A) E = the drawn card is a red card F = the drawn cards number is divisible by 5 (face cards are not...
-
Explain the difference between the nature-of-expense and function-of-expense classifications. Discuss.
-
Roley Corporation uses a periodic inventory system and the gross method of accounting for purchase discounts. On July 1, Roley purchased $60,000 of inventory, terms 2/10, n/30, f.o.b. shipping point....
-
Roley Corporation uses a periodic inventory system and the gross method of accounting for purchase discounts. On July 1, Roley purchased $60,000 of inventory, terms 2/10, n/30, f.o.b. shipping point....
-
A corporation issues 13 %, 15-year bonds with a par value of $570,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 11%, which implies a selling price...
-
A production department reports the following conversion costs. Equivalent units of production for conversion total 436,000 units this period. Calculate the cost per equivalent unit of production for...
-
If you were asked whether a large university such as Tennessee or Michigan with a large seating capacity for their football stadiums should build a new football stadium, how would you respond and...
Study smarter with the SolutionInn App