Brady Logistics purchased a 30% equity interest in Belichick Delivery for $1,000,000 at the beginning of Year 1. During Year 1, Belichick declared $900,000 in net income and paid $400,000 in dividends. At what amount will Brady report the INVESTMENT in Belichick at the end of Year 1?
a. $1,150,000
b. $1,270,000
c. $1,120,000
d. $1,000,000
a. $1,150,000
Business
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Issues addressed in an LLC operating agreement include all but which of the following?
A) member responsibilities B) voting rights C) management D) articles of incorporation
Business
While you're interviewing for employment, record ________ in a notebook or simple database about each company
A) contact information for each interviewer B) the status of follow-up communication C) upcoming interview appointments D) all of the above.
Business