On January 2, 2020, All Good Company purchased 6,000 shares of the stock of Big Bad Company, and DID obtain significant influence. The investment is intended as a long-term investment. The stock was purchased for $10.00 per share, and represents a 30% ownership stake. Big Bad Company made $450,000 of net income in 2020, and paid dividends to All Good Company of $40,000 on December 15, 2020. Big Bad Company's stock was trading on the open market for $15.50 per share at the end of the year. Use this information to determine the book value of the investment that should be reported at year end by All Good Company. Round to nearest whole number (no cents).

Answers

Answer 1

Answer:

$155,000

Explanation:

Calculation to determine the book value of the investment that should be reported at year end by All Good Company

Initial investment (6,000* $10.00 per share) $60,000

Add: Net income ($450,000*30%) $135,000

Less: Dividend ($40,000)

Ending balance of investment $155,000

($60,000+$135,000-$40,000)

Therefore the book value of the investment that should be reported at year end by All Good Company is $155,000

Answer 2

The book value of the investment that should be reported at year-end would be $155,000 by All Good Company.

What is the calculation of the book value of the investment?

The initial investment is derived as;

[tex]6,000* 10.00\\=60,000[/tex]

Now, net income would be;

[tex]450,000*0.30\\=135,000[/tex]

The Dividend is given as $40,000, which would compute the ending balance of investment as;

[tex]60,000+135,000-40,000\\=155,000[/tex]

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Related Questions

Use the drop-down menus to explain how to create a one-to-one relationship using the primary keys of two tables.
1. Open the database.
2. On the Database Tools tab, in the Relationships group, click
3. On the Relationship Tools Design tab, in the Relationships group, click
4. In the dialog box, click one of the tables to add, and click Add
5. Click the other table to add, click Add, and click
6. Click and drag the primary key from a table, and drop it on the primary key of the other table.
7. In the Edit Relationships dialog box, make sure the correct fields are being linked.
8. Click the Enforce Referential Integrity checkbox, and click

Answers

Answer:

2. Relationship

3. Show table

4.

5. Close

6.

7.

8. Create

Explanation: Just did it on edge

Answer:

Relationships, Show Table, Close, Create

Explanation:

Just finished it

PLEASE HELPP!!

Financial Statement Analysis Portfolio

The Income Statement for Pumpkin Co. is shown below:

Pumpkin Co.IncomeStatement
for the Month Ended October 21, 2010

revenues- blank

sales
$120,000.00

operating expenses-blank

salary expense
$10,000.00

supplies expense
$14,000.00

depreciation expense
$4,000.00

net income
$92,000.00

Pumpkin Co. is about to embark on a project that will have a total cost of $300,000.00 over a 10-year period.

1. Calculate the expected annual rate of return on this project.

2.Calculate the cash payback on this project.

Answers

Answer:

Explanation:

what do you need help with', though

The expected rate of return over the project will be 30.67%; whereas, the cash payback for the same will be 3.12 years.

What is rate of return?

A financial ratio used to calculate the returns over monetary engagement during a financial period is generally regarded as the rate of return over such investment.

Using the given information, the expected rate of return will be computed as,

[tex]\rm Rate\ of\ Return= \dfrac{Net\ Income}{Investment}\ x\ 100\\\\\rm Rate\ of\ Return= \dfrac{92000}{300000}\ x\ 100\\\\\rm Rate\ of\ Return= 30.67\%[/tex]

Similarly, when such return is earned, the cash payback will be computed as,

[tex]\rm Cash\ Payback= \dfrac{Investment}{Cash\ Inflow}\\\\\rm Cash\ Payback= \dfrac{300000}{92000}\\\\\rm Cash\ Payback= 3.125[/tex]

Hence, the expected rate of return over the project will be 30.67%; whereas, the cash payback for the same will be 3.12 years.

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What happens when demand for a good increases but its supply decreases?
O A. Government rationing takes place.
B. Competition among producers decreases.
C. The price for the good increases.
O D. The level of profit increases.

Answers

Mmm I’m thinking it’s The price for the good increases.

The price for the good increases, demand for a good increases, but its supply decreases. Thus, option (c) is correct.

A shortage of the product will exist on the market if demand for it rises while supply falls. Because consumers will be prepared to pay more to get the restricted supply, the equilibrium price of the good will rise as a result.

In addition to making producers more willing to offer more of the commodity, the price increase will also assist to reduce the scarcity. Up until a new equilibrium is reached in the market, the quantity provided will still be less than the quantity sought.

Therefore, option (c) is correct.

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Help me please.. there is no option on here for Human Resources principals, so I jus clicked business as the subject..

Answers

Answer:

it should be vision B because the vision contains the reason why the company was formed

PLZZZZ HELPP FASST
In what way is the stock market a minor indicator of the health of the economy?

Answers

Answer:

Because the stock market is usually irrational.

Explanation:

The stock market is a minor indicator of the health of the economy "because the stock market is usually irrational."

Given that before the stock market crashes, there is usually the placement of high value on stocks, which makes it irrational thereby making it difficult to anticipate the stock market crash.

Hence, it does not serve as the main indicator of the health of the economy.

Provide the name of two business competitors that manufacture and sell the same product. Be sure to name the products.

Answers

Answer:

1. Coke vs Pepsi: product include Cold Beverage

2. Nike vs Reebok: product include sporting goods

Which of the following tips can hurt your cash flow? A. Increase your sales. B. Pay your bills early. C. Keep a cash reserve. D. Offer credit only to low risk borrowers. Please select the best answer from the choices provided A B C D

Answers

B. Pay your bills early.

Answer:

trust the wise one above ;)

Explanation:

What criteria should be met before a data bar can be used in a report? Check all that apply. text fields numerical field drop-down menus all are primary keys all values can be compared length depends on value in field​

Answers

Answer:

2 5 & 6 [numerical fields, all values can be compared, & length depends on value in field] are your answers.

Explanation:

Got it right on EDG21

Answer:2,5, and 6

Explanation:

Question 16 of 20
Which of these is an example of something affected by contract law?
A. A patent
B. A license
C. A trademark
D. Due process

Answers

A license is an example of something affected by contract law. Hence, option C is correct.

What is contract law?

The main goal of contract law is to connect an agreement reached between two or more parties and the realities of the outside world. It will be your responsibility to do everything in your power to protect your clients' best interests.

A contract is an agreement between parties that establishes legal duties for both parties. The fundamental components necessary for the agreement to be a valid offer and acceptance, adequate consideration, capacity, and legality are: mutual assent, expressed through a contract-compliant offer,

A contract must contain several characteristics in order to be legitimate and recognized by the common law, including an offer, acceptance, consideration, the desire to establish legal relations, authority and ability, and certainty. Without these components, a contract is not enforceable by law and cannot be relied upon.

Thus, option C is correct.

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Answer: A license

Explanation:

The answer is B. A license

Help me please.. there is no option on here for Human Resources principals, so I jus clicked business as the subject..

Answers

Answer:

A. Traditional model

Explanation:

The strategic planning model refers to methods used by companies in setting goals, making decisions and implementing them within their organizations. The traditional or basic model is used by companies with no clearly defined methods of operation. They begin by defining the mission and vision of the company and develop ways to achieve these goals.

They monitor the goals they have set overtime to evaluate the progress they have so far made. The organizations adopting this model might have never done extensive projects before.

Jane has a 30% interest in a cash-basis general partnership. Her adjusted basis in the partnership was $50,000 at the beginning of Year 1. There were no distributions to Jane during the year. On August 1, Year 1, the partnership borrowed $200,000 for the following reasons: Purchase depreciable business equipment $ 30,000 Pay balance on existing note in full 170,000 All of the partners are personally liable for all partnership debts. The partnership incurred a $250,000 loss in Year 1. What amount can Jane claim as a loss from the partnership on her Year 1 individual income tax return

Answers

Answer:

30000

Explanation:

because I was a people that wice

Louis purchased $5,000 worth of stock three years ago and sold it today for $7,000. He received no dividends from this investment. Inflation averaged 4% during the three years he owned the stock. What was his annualized real rate of return on this investment?

Answers

Answer:

9.33%

Explanation:

Calculation to determine his annualized real rate of return on this investment

Annualized real rate of return=[($7,000-$5,000/ ($5000*3) *100] -4%

Annualized real rate of return=13.33%-4%

Annualized real rate of return = 9.33%

Therefore his annualized real rate of return on this investment will be 9.33%

Unions Group of answer choices and firms paying wages above equilibrium to improve worker effort both create structural unemployment. creates frictional unemployment, while firms paying wages above equilibrium to improve worker effort creates structural unemployment. and firms paying wages above equilibrium to improve worker effort both create frictional unemployment. creates structural unemployment, while firms paying wages above equilibrium to improve worker effort creates frictional unemployment.

Answers

Answer:

And firms paying wages above equilibrium to improve worker effort both create structural unemployment

Explanation:

In the case when union and firm would pay the wages that are over & above equilibrium in order to improve the effort of the workers so this would happen to develop the structural unemployment as it deals with the change in the technology

So first option is correct

But the other options would be considered incorrect

Choose the behaviors that are exhibited by someone who is using critical thinking.


Tests conclusions against reasonable criteria

Thinks along a narrow track

Gathers relevant information

Assesses information gathered

Jumps to conclusions

Questions ideas and beliefs

Answers

Answer:

b c d f

Explanation:

i just did it <3

Standards for the Code of Ethics for Market Intelligence Professionals includes to manipulate the data as the researcher sees fit. to provide honest and realistic recommendations and conclusions in the execution of one's duties. to comply with enforced laws, allowing for bribery where socially acceptable. to abide by personal guidelines, even if they fall out of line with the company's guidelines. to conceal information, such as one's identity, for the integrity of the results.

Answers

Answer:

to provide honest and realistic recommendations and conclusions in the execution of one's duties

to comply with enforced laws,

Explanation:

Morris Ronaldo runs a small sole proprietorship that has one truck that is used solely in the business. It had a cost of $70,000 but a tax basis of only $19,000. However, it has a fair value of $22,000. It is traded for a similar truck with a list sales price of $80,000. To make the sale, the dealer reduced the price by $24,000 as a trade-in allowance for the old truck. Morris paid the $56,000 difference in cash. This exchange qualifies for section 1031 like-kind nonrecognition of gain treatment. Group of answer choices True False

Answers

Answer:

The answer is "$75,000".

Explanation:

Please find the complete and correct question in the attached file.

This is a swap of assets of the same. Its basis of the new building for tax purposes is equal to a base granted. There is indeed a $19,000 tax structure on the old tractor. That business only pays 56 000 dollars in cash. That's the price of 80,000 dollars less than the exchange allowance of 14,000 dollars. This government is offering up $19,000 and $56,000 in cash. That amount is the gross yielded tax basis or $75,000, that's the basis of the commercial new property.

essay on trade unions and labor restrictions​

Answers

Answer:

A trade union is an association of workers from certain professions for the purpose of promoting common interests related to their work. The work of trade unions is thus usually about work-related issues such as wages, job security, leisure time, but also about things like education and job titles where applicable. Trade unions negotiate wages and conditions with employers in wage agreements they make on behalf of their unions. Thus, these unions seek to maximize the rights of workers in their work spaces, trying to ensure that employers respect the rights of their employees without restriction of any kind.

Suppose the government wanted to regulate this market using a price-based instrument. What is the efficient level of a tax on emissions?

Answers

Answer:

Tax = Marginal External Damage

Explanation:

When a negative externality distorts market outcome, we often see that a government intervention is needed. We must incorporate the negative externality into the private decision of the producer. That is to say that we add marginal damage caused by the externality to the marginal private cost of production. The social outcome will be at the point where marginal social cost (MSC) is equal to Marginal private benefit (MPB).

Thus, the efficient level of tax on emission is set equal to the marginal external damage.

Tax = t  = MED

MSC = MPC + MED

        = MPC + t

should I rko my handicap grandma

Answers

Answer:

no u shloud not rko her ,.

Explanation:

Answer:

How would i know?

Explanation:

POINTS

On June 30, 2021, the Esquire Company sold merchandise to a customer and accepted a noninterest-bearing note in exchange. The note requires payment of $41,000 on March 31, 2022. The fair value of the merchandise exchanged is $39,155. Esquire views the financing component of this contract as significant. Required: 1. Prepare journal entries to record the sale of merchandise (omit any entry that might be required for the cost of the goods sold), any December 31, 2021 interest accrual, and the March 31, 2022 collection. 2. What is the effective interest rate on the note

Answers

Answer and Explanation:

1. The journal entries are shown below:

On 30-Jun-21

Note receivables Dr $41,000

     To Sales revenue $39,155  

     To Discount on note receivables $1,845

(Being sales revenue is recorded)  

On 31-Dec-21

Discount on note receivables ($1,845 × 6 ÷ 9) $1,230

     To Interest revenue $1,230

(Being interest accrual is recorded)  

On 31-Mar-22

Discount on note receivables  ($1,845 × 3 ÷ 9) $615

     To Interest revenue $615

(Being interest accrual is recorded)  

On 31-Mar-22

Cash Dr $41,000

     To Note receivables $41,000

(being note collection at maturity is recorded)  

2.  

Effective interest rate on note is

= $1,845 ÷ $39,155 × 12 ÷ 9

= 6.28%

An employee who has a shorter work schedule with either fewer hours each day or fewer days each week.

Answers

Answer:

Someone Who does that gets. paid differently depending on their Job Type

Explanation:


1. Which of the following questions would be permissible to ask during an interview with a candidate who
is in a wheelchair?
1.Does your disability affect you in any other way besides being unable to walk?
2.This job involves making photocopies. How would you perform that task?
3.Did you become disabled on the job?
4.We like 90 percent or better attendance. Do you have to visit the doctor a lot because of your disability?

Answers

Answer:

I would say the first one

Explanation:

beacuse you do need to know if there is anything that could be hard for them to do and make it where they cant do there job it also might depnd on the job of what you would ask them but I would say the fist one so it gets to the point and isent rude hope this helps :)

1 point
Wal-Mart relies on the thousands of miles or roads and their massive
trucks in order to ship their goods all over the country. Which factor of
production are roads and trucks considered?
Capital
Human / Labor
Natural / Land
Entrepreneur

Answers

Capital

Have a good day

In the Capacity Allocation problem with two classes, companies have to determine Group of answer choices How many discount customers should be allowed to book reservations How many full-fare customers should be postpone for later reservations How many full-fare customers are allowed to book reservations How many customers they should allow to book reservations

Answers

Answer:

The answer is "First Choice".

Explanation:

The capacity allocation implies assets within each instance; the instance is system activation. That location of resources that are subject to several optimization algorithm restrictions involves an extensive debris field whenever the status of each process is role transition, that's why the Firms must decide how often discount customers must be permitted to reserve for capacity distribution with 2 groups.

Can ah budget include donations to charities

Answers

Answer:

A common rule of thumb for budgeting for charitable donations uses the concept of the 50/30/20 split for your budget. The other portion is for your wants: About 30 percent of your budget goes into this category, which might include vacations, gifts, or date nights.

Who determines your credit score?​

Answers

Answer:

Credit karma

Explanation:

Answer:

Your credit scores are determined by credit scoring models that analyze one of your consumer credit reports and then assign a score using complex calculations.

Explanation:

The five pieces of your credit score

Your payment history accounts for 35% of your score. How much you owe on loans and credit cards makes up 30% of your score. The length of your credit history accounts for 15% of your score. The types of accounts you have made up 10% of your score. Recent credit activity makes up the final 10%.

how does the government work with the soe's

Answers

Answer:

Explanation:

At times, an SOE is created out of a government agency through a process called corporatization. This allows the agency to convert itself into a for-profit business. Often, the newly formed SOE still operates with government goals in mind, but officially it operates as a commercial enterprise.

What is Jack doing to ensure savings for a new car?

Answers

Answer:

Could you add more context?

Explanation:

Answer:

He could be putting the money into the bank.

Explanation:

Economics (FoolProof)

I should do my best to get a credit card from a company that will tell me both my interest rate and my credit limit before I commit to taking the card.

True or False

Answers

Answer:True

Explanation:

Please hurry!!!!!Which of the following is not a method used by careful consumers?
Compare stores and prices on an item
O Look for bargain brands and bulk pricing
Make a shopping list
O Buy a random item that is offered on special discount, today only

Answers

Answer:

last option

Explanation:

I just know so

Answer:

the last option - this is a marketing technique used to give the customer a sense of urgency

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