Use the Following Information for Questions

question 55

Multiple Choice

Use the following information for questions.
The summarized balance sheets of Thunder Bay Corp.and Fort William Corp.at December 31, 2017 are as follows:
-If Thunder Bay acquired a 20% interest in Fort William on December 31, 2017 for $45,000, and during 2018 Fort William reported net income of $25,000 and paid a total cash dividend of $10,000, applying the equity method would give a debit balance in the Investment in Fort William Corp.account at the end of 2018 of

• A)$37,000.
• B)$45,000.
• C)$48,000.
• D)$50,000.

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Definitions:

Stress Disorders

Mental health conditions that arise as direct consequences of acute or chronic stress, including post-traumatic stress disorder (PTSD) and adjustment disorders.

Anxious

A feeling of worry, nervousness, or unease, typically about an imminent event or something with an uncertain outcome.

Control

In psychological research, the power to influence or directly manage variables or behaviors.

Exposure To Stress

The condition of being subjected to stressful stimuli or circumstances, which can have significant impacts on physical and mental health.