SlideShare a Scribd company logo
During January 2023, Nelson, Inc, acquired 40% of the outstanding common stock of Fuel Co.
for $1 , 800 , 000 . This investment gave Nelson the ability to exercise significant influence over
Fuel. Fuel's assets on that date were recorded at $7 , 000 , 000 with liabilities of $4 , 000 , 000 .
Any excess of cost over book value of Nelson's investment was attributed to unrecorded patents
having a remaining useful life of ten years. In 2023, Fuel reported net income of $500 , 000 and
paid dividends of $20 , 000 . What was the reported balance of Nelson's Investment in Fuel Co.
at December 31, 2023? 3. $1 , 968000 b. $3 , 000 , 000 c. 52 , 100 , 000 d 51 , 900 , 000 c $2224
, 000

More Related Content

More from KevinkahWhitey

e- pyrogenic toxins carried ny a prophage- f- identify this pathogen -.pdf
e- pyrogenic toxins carried ny a prophage- f- identify this pathogen -.pdfe- pyrogenic toxins carried ny a prophage- f- identify this pathogen -.pdf
e- pyrogenic toxins carried ny a prophage- f- identify this pathogen -.pdf
KevinkahWhitey
 
e- A corporation has Mr- and Mrs- A- descendants of Mr- ands- Y corpor.pdf
e- A corporation has Mr- and Mrs- A- descendants of Mr- ands- Y corpor.pdfe- A corporation has Mr- and Mrs- A- descendants of Mr- ands- Y corpor.pdf
e- A corporation has Mr- and Mrs- A- descendants of Mr- ands- Y corpor.pdf
KevinkahWhitey
 
Dylan Michaels is a senior manager of client services at an investment.pdf
Dylan Michaels is a senior manager of client services at an investment.pdfDylan Michaels is a senior manager of client services at an investment.pdf
Dylan Michaels is a senior manager of client services at an investment.pdf
KevinkahWhitey
 
Dridmannt inn a oroptino card rombanv- had the following statements pr.pdf
Dridmannt inn a oroptino card rombanv- had the following statements pr.pdfDridmannt inn a oroptino card rombanv- had the following statements pr.pdf
Dridmannt inn a oroptino card rombanv- had the following statements pr.pdf
KevinkahWhitey
 
Drole Departmeet Stere ls located in midtown Metropolls- During thepas.pdf
Drole Departmeet Stere ls located in midtown Metropolls- During thepas.pdfDrole Departmeet Stere ls located in midtown Metropolls- During thepas.pdf
Drole Departmeet Stere ls located in midtown Metropolls- During thepas.pdf
KevinkahWhitey
 
During the financial crisis of 2007-2009 mortgage-backed securities.pdf
During the financial crisis of 2007-2009   mortgage-backed securities.pdfDuring the financial crisis of 2007-2009   mortgage-backed securities.pdf
During the financial crisis of 2007-2009 mortgage-backed securities.pdf
KevinkahWhitey
 
Eugenia- Sahil- and Rosa are working together on Task 7- 'Determine th.pdf
Eugenia- Sahil- and Rosa are working together on Task 7- 'Determine th.pdfEugenia- Sahil- and Rosa are working together on Task 7- 'Determine th.pdf
Eugenia- Sahil- and Rosa are working together on Task 7- 'Determine th.pdf
KevinkahWhitey
 
Epic Incorporated has 10-100 shares of $2 par value common stock outst.pdf
Epic Incorporated has 10-100 shares of $2 par value common stock outst.pdfEpic Incorporated has 10-100 shares of $2 par value common stock outst.pdf
Epic Incorporated has 10-100 shares of $2 par value common stock outst.pdf
KevinkahWhitey
 
Enter this in the data fatto tepisw- Resutts of insheie anm- C- Anatys.pdf
Enter this in the data fatto tepisw- Resutts of insheie anm- C- Anatys.pdfEnter this in the data fatto tepisw- Resutts of insheie anm- C- Anatys.pdf
Enter this in the data fatto tepisw- Resutts of insheie anm- C- Anatys.pdf
KevinkahWhitey
 
enter correct integers- give them error messages and make them do it a.pdf
enter correct integers- give them error messages and make them do it a.pdfenter correct integers- give them error messages and make them do it a.pdf
enter correct integers- give them error messages and make them do it a.pdf
KevinkahWhitey
 
Entrepreneurship Module Project Model (2) Entrepreneurship refers to t.pdf
Entrepreneurship Module Project Model (2) Entrepreneurship refers to t.pdfEntrepreneurship Module Project Model (2) Entrepreneurship refers to t.pdf
Entrepreneurship Module Project Model (2) Entrepreneurship refers to t.pdf
KevinkahWhitey
 
Endmembers- PPI- Image Cube- MNF Transform- Hughes effect- Dimension C.pdf
Endmembers- PPI- Image Cube- MNF Transform- Hughes effect- Dimension C.pdfEndmembers- PPI- Image Cube- MNF Transform- Hughes effect- Dimension C.pdf
Endmembers- PPI- Image Cube- MNF Transform- Hughes effect- Dimension C.pdf
KevinkahWhitey
 
egg-com Create the following two separate series- Use pd-concat() to c.pdf
egg-com Create the following two separate series- Use pd-concat() to c.pdfegg-com Create the following two separate series- Use pd-concat() to c.pdf
egg-com Create the following two separate series- Use pd-concat() to c.pdf
KevinkahWhitey
 
Effects of Inventory Costing Methods Beston- Inc- has the following in.pdf
Effects of Inventory Costing Methods Beston- Inc- has the following in.pdfEffects of Inventory Costing Methods Beston- Inc- has the following in.pdf
Effects of Inventory Costing Methods Beston- Inc- has the following in.pdf
KevinkahWhitey
 
Encryption is required under the New York Department of Financial Serv.pdf
Encryption is required under the New York Department of Financial Serv.pdfEncryption is required under the New York Department of Financial Serv.pdf
Encryption is required under the New York Department of Financial Serv.pdf
KevinkahWhitey
 
Engaging stakeholders is a critical part of policy development- What.pdf
Engaging stakeholders is a critical part of policy development-  What.pdfEngaging stakeholders is a critical part of policy development-  What.pdf
Engaging stakeholders is a critical part of policy development- What.pdf
KevinkahWhitey
 
Emotional intelligence helps the nurse improve communication in which.pdf
Emotional intelligence helps the nurse improve communication in which.pdfEmotional intelligence helps the nurse improve communication in which.pdf
Emotional intelligence helps the nurse improve communication in which.pdf
KevinkahWhitey
 
Eight months after an attack of acute glomerulonephritis a 38year old.pdf
Eight months after an attack of acute glomerulonephritis a 38year old.pdfEight months after an attack of acute glomerulonephritis a 38year old.pdf
Eight months after an attack of acute glomerulonephritis a 38year old.pdf
KevinkahWhitey
 
Elossom Company had the followins adjusted tnal balanosTrac close inen.pdf
Elossom Company had the followins adjusted tnal balanosTrac close inen.pdfElossom Company had the followins adjusted tnal balanosTrac close inen.pdf
Elossom Company had the followins adjusted tnal balanosTrac close inen.pdf
KevinkahWhitey
 
Emma and Vince are baseball pitchers- They are practicing by throwing.pdf
Emma and Vince are baseball pitchers- They are practicing by throwing.pdfEmma and Vince are baseball pitchers- They are practicing by throwing.pdf
Emma and Vince are baseball pitchers- They are practicing by throwing.pdf
KevinkahWhitey
 

More from KevinkahWhitey (20)

e- pyrogenic toxins carried ny a prophage- f- identify this pathogen -.pdf
e- pyrogenic toxins carried ny a prophage- f- identify this pathogen -.pdfe- pyrogenic toxins carried ny a prophage- f- identify this pathogen -.pdf
e- pyrogenic toxins carried ny a prophage- f- identify this pathogen -.pdf
 
e- A corporation has Mr- and Mrs- A- descendants of Mr- ands- Y corpor.pdf
e- A corporation has Mr- and Mrs- A- descendants of Mr- ands- Y corpor.pdfe- A corporation has Mr- and Mrs- A- descendants of Mr- ands- Y corpor.pdf
e- A corporation has Mr- and Mrs- A- descendants of Mr- ands- Y corpor.pdf
 
Dylan Michaels is a senior manager of client services at an investment.pdf
Dylan Michaels is a senior manager of client services at an investment.pdfDylan Michaels is a senior manager of client services at an investment.pdf
Dylan Michaels is a senior manager of client services at an investment.pdf
 
Dridmannt inn a oroptino card rombanv- had the following statements pr.pdf
Dridmannt inn a oroptino card rombanv- had the following statements pr.pdfDridmannt inn a oroptino card rombanv- had the following statements pr.pdf
Dridmannt inn a oroptino card rombanv- had the following statements pr.pdf
 
Drole Departmeet Stere ls located in midtown Metropolls- During thepas.pdf
Drole Departmeet Stere ls located in midtown Metropolls- During thepas.pdfDrole Departmeet Stere ls located in midtown Metropolls- During thepas.pdf
Drole Departmeet Stere ls located in midtown Metropolls- During thepas.pdf
 
During the financial crisis of 2007-2009 mortgage-backed securities.pdf
During the financial crisis of 2007-2009   mortgage-backed securities.pdfDuring the financial crisis of 2007-2009   mortgage-backed securities.pdf
During the financial crisis of 2007-2009 mortgage-backed securities.pdf
 
Eugenia- Sahil- and Rosa are working together on Task 7- 'Determine th.pdf
Eugenia- Sahil- and Rosa are working together on Task 7- 'Determine th.pdfEugenia- Sahil- and Rosa are working together on Task 7- 'Determine th.pdf
Eugenia- Sahil- and Rosa are working together on Task 7- 'Determine th.pdf
 
Epic Incorporated has 10-100 shares of $2 par value common stock outst.pdf
Epic Incorporated has 10-100 shares of $2 par value common stock outst.pdfEpic Incorporated has 10-100 shares of $2 par value common stock outst.pdf
Epic Incorporated has 10-100 shares of $2 par value common stock outst.pdf
 
Enter this in the data fatto tepisw- Resutts of insheie anm- C- Anatys.pdf
Enter this in the data fatto tepisw- Resutts of insheie anm- C- Anatys.pdfEnter this in the data fatto tepisw- Resutts of insheie anm- C- Anatys.pdf
Enter this in the data fatto tepisw- Resutts of insheie anm- C- Anatys.pdf
 
enter correct integers- give them error messages and make them do it a.pdf
enter correct integers- give them error messages and make them do it a.pdfenter correct integers- give them error messages and make them do it a.pdf
enter correct integers- give them error messages and make them do it a.pdf
 
Entrepreneurship Module Project Model (2) Entrepreneurship refers to t.pdf
Entrepreneurship Module Project Model (2) Entrepreneurship refers to t.pdfEntrepreneurship Module Project Model (2) Entrepreneurship refers to t.pdf
Entrepreneurship Module Project Model (2) Entrepreneurship refers to t.pdf
 
Endmembers- PPI- Image Cube- MNF Transform- Hughes effect- Dimension C.pdf
Endmembers- PPI- Image Cube- MNF Transform- Hughes effect- Dimension C.pdfEndmembers- PPI- Image Cube- MNF Transform- Hughes effect- Dimension C.pdf
Endmembers- PPI- Image Cube- MNF Transform- Hughes effect- Dimension C.pdf
 
egg-com Create the following two separate series- Use pd-concat() to c.pdf
egg-com Create the following two separate series- Use pd-concat() to c.pdfegg-com Create the following two separate series- Use pd-concat() to c.pdf
egg-com Create the following two separate series- Use pd-concat() to c.pdf
 
Effects of Inventory Costing Methods Beston- Inc- has the following in.pdf
Effects of Inventory Costing Methods Beston- Inc- has the following in.pdfEffects of Inventory Costing Methods Beston- Inc- has the following in.pdf
Effects of Inventory Costing Methods Beston- Inc- has the following in.pdf
 
Encryption is required under the New York Department of Financial Serv.pdf
Encryption is required under the New York Department of Financial Serv.pdfEncryption is required under the New York Department of Financial Serv.pdf
Encryption is required under the New York Department of Financial Serv.pdf
 
Engaging stakeholders is a critical part of policy development- What.pdf
Engaging stakeholders is a critical part of policy development-  What.pdfEngaging stakeholders is a critical part of policy development-  What.pdf
Engaging stakeholders is a critical part of policy development- What.pdf
 
Emotional intelligence helps the nurse improve communication in which.pdf
Emotional intelligence helps the nurse improve communication in which.pdfEmotional intelligence helps the nurse improve communication in which.pdf
Emotional intelligence helps the nurse improve communication in which.pdf
 
Eight months after an attack of acute glomerulonephritis a 38year old.pdf
Eight months after an attack of acute glomerulonephritis a 38year old.pdfEight months after an attack of acute glomerulonephritis a 38year old.pdf
Eight months after an attack of acute glomerulonephritis a 38year old.pdf
 
Elossom Company had the followins adjusted tnal balanosTrac close inen.pdf
Elossom Company had the followins adjusted tnal balanosTrac close inen.pdfElossom Company had the followins adjusted tnal balanosTrac close inen.pdf
Elossom Company had the followins adjusted tnal balanosTrac close inen.pdf
 
Emma and Vince are baseball pitchers- They are practicing by throwing.pdf
Emma and Vince are baseball pitchers- They are practicing by throwing.pdfEmma and Vince are baseball pitchers- They are practicing by throwing.pdf
Emma and Vince are baseball pitchers- They are practicing by throwing.pdf
 

Recently uploaded

How to deliver Powerpoint Presentations.pptx
How to deliver Powerpoint  Presentations.pptxHow to deliver Powerpoint  Presentations.pptx
How to deliver Powerpoint Presentations.pptx
HajraNaeem15
 
How to Make a Field Mandatory in Odoo 17
How to Make a Field Mandatory in Odoo 17How to Make a Field Mandatory in Odoo 17
How to Make a Field Mandatory in Odoo 17
Celine George
 
Reimagining Your Library Space: How to Increase the Vibes in Your Library No ...
Reimagining Your Library Space: How to Increase the Vibes in Your Library No ...Reimagining Your Library Space: How to Increase the Vibes in Your Library No ...
Reimagining Your Library Space: How to Increase the Vibes in Your Library No ...
Diana Rendina
 
Your Skill Boost Masterclass: Strategies for Effective Upskilling
Your Skill Boost Masterclass: Strategies for Effective UpskillingYour Skill Boost Masterclass: Strategies for Effective Upskilling
Your Skill Boost Masterclass: Strategies for Effective Upskilling
Excellence Foundation for South Sudan
 
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
PECB
 
BÀI TẬP DẠY THÊM TIẾNG ANH LỚP 7 CẢ NĂM FRIENDS PLUS SÁCH CHÂN TRỜI SÁNG TẠO ...
BÀI TẬP DẠY THÊM TIẾNG ANH LỚP 7 CẢ NĂM FRIENDS PLUS SÁCH CHÂN TRỜI SÁNG TẠO ...BÀI TẬP DẠY THÊM TIẾNG ANH LỚP 7 CẢ NĂM FRIENDS PLUS SÁCH CHÂN TRỜI SÁNG TẠO ...
BÀI TẬP DẠY THÊM TIẾNG ANH LỚP 7 CẢ NĂM FRIENDS PLUS SÁCH CHÂN TRỜI SÁNG TẠO ...
Nguyen Thanh Tu Collection
 
Chapter wise All Notes of First year Basic Civil Engineering.pptx
Chapter wise All Notes of First year Basic Civil Engineering.pptxChapter wise All Notes of First year Basic Civil Engineering.pptx
Chapter wise All Notes of First year Basic Civil Engineering.pptx
Denish Jangid
 
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...
GeorgeMilliken2
 
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptxChapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Mohd Adib Abd Muin, Senior Lecturer at Universiti Utara Malaysia
 
Film vocab for eal 3 students: Australia the movie
Film vocab for eal 3 students: Australia the movieFilm vocab for eal 3 students: Australia the movie
Film vocab for eal 3 students: Australia the movie
Nicholas Montgomery
 
Cognitive Development Adolescence Psychology
Cognitive Development Adolescence PsychologyCognitive Development Adolescence Psychology
Cognitive Development Adolescence Psychology
paigestewart1632
 
UGC NET Exam Paper 1- Unit 1:Teaching Aptitude
UGC NET Exam Paper 1- Unit 1:Teaching AptitudeUGC NET Exam Paper 1- Unit 1:Teaching Aptitude
UGC NET Exam Paper 1- Unit 1:Teaching Aptitude
S. Raj Kumar
 
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
Nguyen Thanh Tu Collection
 
Présentationvvvvvvvvvvvvvvvvvvvvvvvvvvvv2.pptx
Présentationvvvvvvvvvvvvvvvvvvvvvvvvvvvv2.pptxPrésentationvvvvvvvvvvvvvvvvvvvvvvvvvvvv2.pptx
Présentationvvvvvvvvvvvvvvvvvvvvvvvvvvvv2.pptx
siemaillard
 
PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.
Dr. Shivangi Singh Parihar
 
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UP
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UPLAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UP
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UP
RAHUL
 
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdfANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
Priyankaranawat4
 
RHEOLOGY Physical pharmaceutics-II notes for B.pharm 4th sem students
RHEOLOGY Physical pharmaceutics-II notes for B.pharm 4th sem studentsRHEOLOGY Physical pharmaceutics-II notes for B.pharm 4th sem students
RHEOLOGY Physical pharmaceutics-II notes for B.pharm 4th sem students
Himanshu Rai
 
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptxC1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
mulvey2
 
The basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptxThe basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptx
heathfieldcps1
 

Recently uploaded (20)

How to deliver Powerpoint Presentations.pptx
How to deliver Powerpoint  Presentations.pptxHow to deliver Powerpoint  Presentations.pptx
How to deliver Powerpoint Presentations.pptx
 
How to Make a Field Mandatory in Odoo 17
How to Make a Field Mandatory in Odoo 17How to Make a Field Mandatory in Odoo 17
How to Make a Field Mandatory in Odoo 17
 
Reimagining Your Library Space: How to Increase the Vibes in Your Library No ...
Reimagining Your Library Space: How to Increase the Vibes in Your Library No ...Reimagining Your Library Space: How to Increase the Vibes in Your Library No ...
Reimagining Your Library Space: How to Increase the Vibes in Your Library No ...
 
Your Skill Boost Masterclass: Strategies for Effective Upskilling
Your Skill Boost Masterclass: Strategies for Effective UpskillingYour Skill Boost Masterclass: Strategies for Effective Upskilling
Your Skill Boost Masterclass: Strategies for Effective Upskilling
 
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
ISO/IEC 27001, ISO/IEC 42001, and GDPR: Best Practices for Implementation and...
 
BÀI TẬP DẠY THÊM TIẾNG ANH LỚP 7 CẢ NĂM FRIENDS PLUS SÁCH CHÂN TRỜI SÁNG TẠO ...
BÀI TẬP DẠY THÊM TIẾNG ANH LỚP 7 CẢ NĂM FRIENDS PLUS SÁCH CHÂN TRỜI SÁNG TẠO ...BÀI TẬP DẠY THÊM TIẾNG ANH LỚP 7 CẢ NĂM FRIENDS PLUS SÁCH CHÂN TRỜI SÁNG TẠO ...
BÀI TẬP DẠY THÊM TIẾNG ANH LỚP 7 CẢ NĂM FRIENDS PLUS SÁCH CHÂN TRỜI SÁNG TẠO ...
 
Chapter wise All Notes of First year Basic Civil Engineering.pptx
Chapter wise All Notes of First year Basic Civil Engineering.pptxChapter wise All Notes of First year Basic Civil Engineering.pptx
Chapter wise All Notes of First year Basic Civil Engineering.pptx
 
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...
What is Digital Literacy? A guest blog from Andy McLaughlin, University of Ab...
 
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptxChapter 4 - Islamic Financial Institutions in Malaysia.pptx
Chapter 4 - Islamic Financial Institutions in Malaysia.pptx
 
Film vocab for eal 3 students: Australia the movie
Film vocab for eal 3 students: Australia the movieFilm vocab for eal 3 students: Australia the movie
Film vocab for eal 3 students: Australia the movie
 
Cognitive Development Adolescence Psychology
Cognitive Development Adolescence PsychologyCognitive Development Adolescence Psychology
Cognitive Development Adolescence Psychology
 
UGC NET Exam Paper 1- Unit 1:Teaching Aptitude
UGC NET Exam Paper 1- Unit 1:Teaching AptitudeUGC NET Exam Paper 1- Unit 1:Teaching Aptitude
UGC NET Exam Paper 1- Unit 1:Teaching Aptitude
 
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
BÀI TẬP BỔ TRỢ TIẾNG ANH 8 CẢ NĂM - GLOBAL SUCCESS - NĂM HỌC 2023-2024 (CÓ FI...
 
Présentationvvvvvvvvvvvvvvvvvvvvvvvvvvvv2.pptx
Présentationvvvvvvvvvvvvvvvvvvvvvvvvvvvv2.pptxPrésentationvvvvvvvvvvvvvvvvvvvvvvvvvvvv2.pptx
Présentationvvvvvvvvvvvvvvvvvvvvvvvvvvvv2.pptx
 
PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.PCOS corelations and management through Ayurveda.
PCOS corelations and management through Ayurveda.
 
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UP
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UPLAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UP
LAND USE LAND COVER AND NDVI OF MIRZAPUR DISTRICT, UP
 
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdfANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
ANATOMY AND BIOMECHANICS OF HIP JOINT.pdf
 
RHEOLOGY Physical pharmaceutics-II notes for B.pharm 4th sem students
RHEOLOGY Physical pharmaceutics-II notes for B.pharm 4th sem studentsRHEOLOGY Physical pharmaceutics-II notes for B.pharm 4th sem students
RHEOLOGY Physical pharmaceutics-II notes for B.pharm 4th sem students
 
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptxC1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
C1 Rubenstein AP HuG xxxxxxxxxxxxxx.pptx
 
The basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptxThe basics of sentences session 6pptx.pptx
The basics of sentences session 6pptx.pptx
 

During January 2023- Nelson- Inc- acquired 40- of the outstanding comm.pdf

  • 1. During January 2023, Nelson, Inc, acquired 40% of the outstanding common stock of Fuel Co. for $1 , 800 , 000 . This investment gave Nelson the ability to exercise significant influence over Fuel. Fuel's assets on that date were recorded at $7 , 000 , 000 with liabilities of $4 , 000 , 000 . Any excess of cost over book value of Nelson's investment was attributed to unrecorded patents having a remaining useful life of ten years. In 2023, Fuel reported net income of $500 , 000 and paid dividends of $20 , 000 . What was the reported balance of Nelson's Investment in Fuel Co. at December 31, 2023? 3. $1 , 968000 b. $3 , 000 , 000 c. 52 , 100 , 000 d 51 , 900 , 000 c $2224 , 000