Briefly describe how to determine and record the gain or loss on the sale of a minority
Question:
Briefly describe how to determine and record the gain or loss on the sale of a minority passive investment in equity securities.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (10 reviews)
Gains and losses on sales of investments in e...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
Intermediate Accounting Reporting and Analysis
ISBN: 978-1337788281
3rd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
Question Posted:
Students also viewed these Business questions
-
Briefly describe how to determine and record any subsequent increases or decreases in the fair value of an investment in available-for-sale securities.
-
How is the gain or loss on the sale of an operating asset calculated? Where would the Gain on Sale of Asset account appear on the financial statements?
-
Briefly describe how to determine and record any subsequent increases or decreases in the fair value of a minority passive investment in equity securities.
-
Sugar (C12H22O11) is a molecular compound that stays together inwater, while NaCl and MgSO4?7H2O are ionic compounds that dissociate into cations andanions as illustrated in the NaCl example below:...
-
The internal energy of a system increases by 400 J while 500 J of work are performed on it. What was the heat flow into or out of the system?
-
What is a using declaration?
-
Be aware of your environment. What do you think this statement means for an organization? What are implications for managing the external environment?
-
Basic, Inc., was a publicly traded company engaged in the business of manufacturing chemical refractories for the steel industry. Beginning in September, Combustion Engineering, Inc., and Basic began...
-
Give an example of ethical leadership. What are the characteristics of ethical leadership? And why do you think ethical leadership is important?
-
1. What are some of the communication problems? 2. What should Cathy do? What should Cathy do? 3. How could Cathy and Joe have handled this situation better? Cathy Buford is the design leader on a...
-
Briefly summarize the accounting for an investment in equity securities.
-
On January 1, 2019, Weaver Company purchased as held-to-maturity debt securities $500,000 face value of Park Corporations 8% bonds for $456,200. The bonds were purchased to yield 10% interest and pay...
-
How can hospitals be characterized as a mixed type of economic agent?
-
What is the single best capital budgeting decision criterion? Explain.
-
Whats the primary difference between the MIRR and the regular IRR?
-
What information does the payback convey that is absent from the other capital budgeting decision methods?
-
Describe in words how an NPV profile is constructed. How are the intercepts of the x- and y-axes determined?
-
Why might DCF techniques not lead to proper capital budgeting decisions?
-
Thirsty Ed drinks only pure spring water, but he can purchase it in two different-sized containers - .75 liter and 2 liter. Because the water itself is identical, he regards these two "goods" as...
-
A horizontal annulus with inside and outside diameters of 8 and 10 cm, respectively, contains liquid water. The inside and outside surfaces are maintained at 40 and 20oC, respectively. Calculate the...
-
The 2014 audit of Lane Company's accounting records discloses the following information: Required: 1. Next Level Reconstruct the journal entries that were made by Lane during 2014 to record changes...
-
Upham Companies June 30, 2013, balance sheet included the following information: During the company's fiscal year ending June 30, 2014, the following transactions occurred: 1. Sales on credit...
-
Blackmon Corporation's December 31, 2012, balance sheet disclosed the following information relating to its receivables: During 2013, credit sales (terms, n/EOM) totaled $2,200,000, and collections...
-
Find the LCM for each group of expressions. 1.2x-8x+8 and 3x+27x-30 2. 4x+12x+ 9 and 4x2-9 3. 2x2 18 and 2 5x330x+45x
-
StellarCraft, a space equipment manufacturer, produces three types of space components: "Plasma Thrusters," "Navigation Systems," and "Solar Panels." StellarCraft needs to determine the optimal...
-
If 103 people attend a concert and tickets for adults cost $2.25 while tickets for children cost $1.5 and total receipts for the concert was $179.25, how many of each went to the concert? adults...
Study smarter with the SolutionInn App