On January 2, 2014, Nora Co acquired 2,000 shares of Stonewall Co common stock for $8,000 and classified these shares as available-for-sale securities. During 2014, Nora received $6,000 of cash dividends. Nora's share of Stonewall's 2014 earnings (net income) was $5,000 . The fair value of Stonewall's stock on December 31 . 2014, was $7 per share. Nora should report what amount in 2014 related to

Stonewall Co?
a. Revenue of $6,000
b. Revenue of $12,000
c. A $1,000 decrease in the investment account
d. A $1,000 increase in the investment account

A

Business

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There is only one day per month on which a listed option on any stock can expire

Indicate whether this statement is true or false.

Business

Which of the following is not one of the unique features of Deming's philosophy?

a. Intrinsic motivation is more powerful than extrinsic motivation b. Interacting parts of a system must be treated individually, not as a whole c. Variation is the primary source of quality nonconformance d. Predictions must be grounded in theory that helps to understand cause-and-effect relationships e. Although quality is everyone's responsibility, senior management has the ultimate responsibility for quality improvement

Business