A Son Did Not Know What to Get His Mother

question 12

Multiple Choice

A son did not know what to get his mother for her birthday.She refused most gifts,saying they were just something more for her to take care of.Assuming the mother did not have these,which would be a very helpful gift? (Select all that apply.)

• A)Purchase a new front door with a large peephole so she can see who is ringing the doorbell
• B)Arrange for Social Security check to be deposited directly into the bank
• C)Add bars on all the house windows for added security
• D)Buy a shredder for the mother to use on all personal documents
• E)Install caller ID on her telephone
• F)Have strong deadbolts installed on all outside doors

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Definitions:

Equity in Subsidiary Earnings

The share of earnings attributed to the parent company from its ownership interest in a subsidiary.

Equity Method

An accounting method used to record investments in associate companies where the investor has significant influence but not full control, typically 20%-50% ownership. The investor's share of the investee's net income or loss is reflected in the investor's financial statements.

Net Income

A company's profit after deducting expenses and taxes from revenue.

Dividends

Payments made by a corporation to its shareholder members. It is the portion of corporate profits paid out to stockholders.