Use the Following Information for Questions

question 71

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 30% interest in Fort William on December 31, 2017 for $67,500 and during 2018 Fort William reported net income of $25,000 and paid a total cash dividend of $30,000, applying the equity method would give a debit balance in the Investment in Fort William Corp.account at the end of 2018 of

• A)$67,500.
• B)$66,000.
• C)$62,500.
• D)$58,500.

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Definitions:

Initial Phase Counseling Task

Tasks or objectives focused on at the start of therapy, often including establishing rapport, setting goals, and assessing the client's issues.

Reduce Symptoms

The goal of many therapeutic approaches aimed at lessening the severity or presence of problematic or distressing signs of a condition.

Build Rapport

The process of establishing a connection and a trusting relationship between a therapist and a client, often seen as foundational for effective therapeutic work.

McDonaldization

The process by which the principles of the fast-food industry, such as efficiency and standardization, dominate other sectors of society.