MYLAB EXCELLENCE IN BUSSI COMM ETEXT
MYLAB EXCELLENCE IN BUSSI COMM ETEXT
12th Edition
ISBN: 9780135854907
Author: BOVEE
Publisher: PEARSON
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Chapter 1, Problem 9LOC
Summary Introduction

To determine:

What is the pair of attributes that best describes the social communication model?

Introduction:

As a deviation from the traditional business communication defined by publishing or broadcasting mindset where the upper management always issue directives for the lower supervisors to follow, the new social communication model is more interactive and conversational. This model has positive attributes such as being more aligned to conversation than publication, discussion than lecture, permission than intrusion, bi/multidirectional than unidirectional, etc.

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Gale Corporation owns 15% of the common stock of Troy Enterprises and uses the fair-value method to account for this investment. Troy reported net income of $140,000 for 2022 and paid dividends of $80,000 on November 1, 2022. How much income should Gale recognize on this investment in 2022? a. $21,000 b. $12,000 c. $33,000 d. $9,500 e. $60,000Answer this question
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