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Papichulo3806
28.07.2019 •
History
What was one characteristic of indian cultural influence in southeast asia? it began with the travels of the buddha to this region toward the end of his life. it spread through the voluntary adoption and adaptation of indian ideas. it resulted in the region rejecting the influence of islam. it resulted from the political conquest of the region by emperor ashoka?
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Ответ:
Ответ:
$18,000
Explanation:
Required:
Find the amount of income Perimeter recognizes in 20X1 as a result of the investment.
Amount of income to be recognized should be calculated as:
Share of net income - Amortization of equipment in excess of book value
Where,
Share of net income = 30% of net income
= 30% × $80,000
= $24,000
Less: Amortization of equipment in excess of book value =
Therefore, amount of income to be recognized =
$24,000 - $6,000
= $18,000
Amount of income Perimeter recognizes in 20X1 as a result of this investment is $18,000