Segmental Manufacturing Owns 35% of Glesson Corp

question 174

Multiple Choice

Segmental Manufacturing owns 35% of Glesson Corp. stock. Glesson pays a total of $47,000 in cash dividends for the period. Segmental's entry to record the dividend transaction would include a:

• A) Credit to Investment Revenue for $47,000.
• B) Credit to Long-Term Investments for $16,450.
• C) Credit to Cash for $16,450.
• D) Debit to Long-Term Investments for $16,450.
• E) Debit to Cash for $47,000.

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Definitions:

Intensity

The degree of strength, force, or concentration of a particular element, condition, or emotion.

Feedback

refers to the process of providing constructive information or reactions to someone else's actions or behavior as a basis for improvement.

Distort Communication

The act of misrepresenting or altering information during the communication process, often to mislead or influence the recipient's understanding.

Negotiation Outcomes

The results or consequences deriving from the negotiation process, which can include agreements, resolutions, or failure to reach a resolution.