Jade Investments Purchased 40% of the Common Stock of Ivory

question 101

Multiple Choice

Jade Investments purchased 40% of the common stock of Ivory Corporation on March 1, 2014. Ivory Corporation reports a net income of $675,000 for the 2015 year. Based on the information provided, which of the following is true of the balance sheet on December 31, 2015?

• A)Total assets will remain unchanged.
• B)Total liabilities will decrease.
• C)Total equity will increase.
• D)Cash will increase.

Understand the foundational concepts of Unified Modeling Language (UML) and its application in software design.

Comprehend the basics of pseudocode and its role in programming.

Recognize the various UML class diagram sections and their specifications.

Understand UML notation symbols and their access specifiers.

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Definitions:

Incremental Resources

Additional resources or inputs that are gradually incorporated to enhance productivity, efficiency, or output in a process or project.

Management Tools

Instruments, techniques, or software used to improve business efficiency, manage projects, and achieve organizational goals.

Strategic Marketing Process

A methodical approach involving the analysis, planning, implementation, and control of marketing efforts to achieve organizational objectives.

Market-Product Focus

A strategic approach focusing on specific markets and product lines to meet customer needs effectively.