Under the equity method, dividend revenue is treated as ________
A) a debit to revenue from investments
B) dividend revenue
C) a return of capital
D) a credit to current assets
C
Business
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An improvement made to a machine increased its fair value and its production capacity by 25% without extending the machine's useful life. The cost of the improvement should be
a. expensed. b. debited to accumulated depreciation. c. capitalized in the machine account. d. allocated between accumulated depreciation and the machine account.
Business
Which of the following notices could be important to the filing of a mechanic's lien:
A: Notice of non-responsibility; B: Notice of cessation; C: Notice of completion; D: All of the above.
Business