What will 70000 be worth in 20 years?

Question

What will 70000 be worth in 20 years? How do you calculate dividend payout? Can i sell on record date and still get dividend?

Expert · Accepted Answer

Chapter 1 Reporting the Sale of an Equity Investment As an example, assume that Top Company owns 40% of the 100,000 outstanding shares of  Bottom Company. Any excess investment cost over Top's share of Bottom's book value is considered goodwill. Although these 40,000 (100,000 x 40%) shares were acquired some years ago for $200,000, application of the equity method has increased the asset balance to $320,000 as of January 1, 2015. On July 1, 2015, Top elects to sell 10,000 of these shares (one-fourth of its investment) for $110,000 in cash, thereby reducing ownership in Bottom from 40% to 30%. Bottom Company reports net income of $70,000 during the first six months of 2015 and declares and pays cash divid

What will 70000 be worth in 20 years?

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Advanced Accounting ACCT 421 - - ACCT 421

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What will 70000 be worth in 20 years?

What will 70000 be worth in 20 years?

Other study guides from Advanced Accounting ACCT 421 - - ACCT 421

Others also asked

Discussion and review:

Other study guides from
Advanced Accounting ACCT 421 - - ACCT 421