For 2010,2011,and 2012,Squid Corporation Earned Net Incomes of $40,000,$70,000,and $100,000,respectively,and

question 4

Essay

For 2010,2011,and 2012,Squid Corporation earned net incomes of $40,000,$70,000,and $100,000,respectively,and paid dividends of $24,000,$32,000,and $44,000,respectively.On January 1,2010,Squid had $500,000 of $10 par value common stock outstanding and $100,000 of retained earnings.
On January 1 of each of these years,Albatross Corporation bought 5% of the outstanding common stock of Squid paying $37,000 per 5% block on January 1,2010,2011,and 2012.All payments made by Albatross in excess of book value were attributable to equipment,which is depreciated over five years on a straight-line basis.
Required:
1.Assuming that Albatross uses the cost method of accounting for its investment in Squid,how much dividend income will Albatross recognize for each of the three years and what will be the balance in the investment account at the end of each year?
2.Assuming that Albatross has significant influence and uses the equity method of accounting (even though its ownership percentage is less than 20%),how much net investee income will Albatross recognize for each of the three years?

Associate developmental milestones with specific ages according to Piaget’s theory.

Explain the transition from sensorimotor to preoperational stage.

Understand the research methods and findings that both support and challenge Piaget’s theory.

Recognize the significance of cognitive development in understanding self and environment.

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Definitions:

Initiating

The first phase in the project management lifecycle, involving the development of a project charter and the identification of stakeholders.

Gatekeeping

The control over the flow of information, often practiced by media professionals or organizations deciding what information is published or broadcasted.

Leading Questions

Questions formulated in such a way that suggests the desired answer, often used to influence the respondent's response.

Reality Check

An assessment to bring someone back to the understanding of the actual situation rather than an imagined one, often used to dispel illusions or misconceptions.