In His Movies for RKO, This Innovative Dancer, Singer, and Actor

question 23

Multiple Choice

In his movies for RKO, this innovative dancer, singer, and actor revolutionized the movie musical by incorporating dance sequences more fully into the plot of the movie.

• A) Gene Kelly
• B) Fred Astaire
• C) Busby Berkeley
• D) David O. Selznick

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Definitions:

Equity Method

An accounting method for recording investments in which the investor recognizes income from the investee in proportion to its share of the investee’s profit or loss.

Investment in Subsidiary

Refers to the holding of shares or interests by one company (the parent company) in another company (the subsidiary).

Goodwill

A non-material asset generated from purchasing another company at a cost exceeding the fair market value of its tangible net assets.

Paid-In-Capital Accounts

Accounts representing the funds contributed by shareholders over and above the nominal value of the shares; it's an equity item on the balance sheet.