【单选题】7 Included within the financial assets of Zinet Co at 31 March 20X9 are the following two recently purchased investments in publically-traded equity shares: Investment 1 – 10% of the issued share capi...
A.
In profit or loss for both investments
B.
In other comprehensive income for both investment
C.
In profit or loss for investment 1 and in other comprehensive income for investment 2
D.
In other comprehensive income for investment 1 and in profit or loss for investment 2
【单选题】Femur Co. acquired 70% of the voting common stock of Harbor Corp. on January 1, 2019. During 2019, Harbor had revenues of $2,500,000 and expenses of $2,000,000. The amortization of fair value allocati...
【单选题】Racer Corp. acquired all of the common stock of Tangiers Co. in 2016. Tangiers maintained its incorporation. Which of Racer's account balances would vary between the equity method and the initial valu...
A.
Goodwill, Investment in Tangiers Co., and Retained Earnings.
B.
Expenses, Investment in Tangiers Co., and Equity in Subsidiary Earnings.
C.
Investment in Tangiers Co., Equity in Subsidiary Earnings, and Retained Earnings.
D.
Common Stock, Goodwill, and Investment in Tangiers Co.
E.
Expenses, Goodwill, and Investment in Tangiers Co.