Hamasaki Company Owns 30% of CDW Corp

question 43

True/False

Hamasaki Company owns 30% of CDW Corp.stock and has significant influence.Hamasaki received $6,500 in cash dividends from its investment in CDW.The entry to record receipt of these dividends includes a debit to Cash for $6,500 and a credit to Equity Method Investments for $6,500.

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Definitions:

Marginal Utility

Marginal Utility is the change in satisfaction or utility that a consumer receives from consuming one additional unit of a good or service.

Fifth Serving

A term that does not have a widely recognized definition within a general context, possibly referencing an additional or excess portion in specific contexts. NO.

Units

The basic measure or quantity of a product or service that is counted or traded in the market.

Diminishing Marginal Utility

Diminishing Marginal Utility is the principle stating that as a person increases consumption of a product, there is a decline in the marginal utility that person derives from consuming each additional unit of that product.