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]

Learn more about book value here:

https://brainly.com/question/13720409


Related Questions

Shelley was initially moderately in favor of a proposal to build a city bike path. At a meeting, she learns that not only will the path provide recreational opportunities and allow for some decrease in traffic, but that in towns with paths, the crime rate tends to go down and businesses along the path do better. She is now strongly in favor of the proposal. The theory that best explains her change of opinion is the __________ theory.

Answers

Answer:

The appropriate response is "Persuasive arguments".

Explanation:

A noninteractional concept or philosophy of community judgment predicting choice results via cognitive or conceptual claims produced by individuals before the debate is determined as Persuasive arguments theory.It doesn't see dialogue as an important element of judgment results, although as a potential mechanism for facilitating communication.

Thus the above is the right answer.

by wr
workbook:
1.1 Assets minus Owner's Equity
A. Current liabilities
B. Capital
C. Liabilities
D. Current assets​

Answers

Answer:

C. Liabilities

Explanation:

Financial accounting can be defined as the field of accounting involving specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time.

Owner's equity is simply what a person owns outrightly and it is also referred to as net worth. It ​can be defined as the value of financial and non-financial assets owned by a person minus the total outstanding liabilities or debts of that person. Simply stated, owner's equity refers to the difference between the amount a person own (asset) and the amount owed (liability).

Mathematically, net worth is given by the formula;

[tex] Owner's \; equity = Total \; assets - Total \; liabilities[/tex]

Making liabilities the subject of formula, we have;

[tex] Total \; liabilities = Total \; assets - Owner's \; equity [/tex]

In Financial accounting, liability can be defined as the amount of money being owed by an individual or organization to another.

Simply stated, liability is a debt being owed and as such it usually has "payable" in its account title on the balance sheet.

Generally, liabilities are recorded on the right side of the balance sheet and it comprises of financial informations such as warranties, bonds, loans, deferred revenues, mortgages, account payable etc.

Hence, Assets minus Owner's Equity is equal to Liabilities.

Question 7 of 10
Which of the following tells you what your gross and net income was for a
particular pay period?
A. W-4 form
B. Pay check
C. Tax return
D. Pay stub

Answers

Answer:

d. pay stub

Explanation:

Pay stub tells you what your gross and net income was for a particular pay period. The appropriate response is option D.

What is Pay stub?

An employer's pay stub is a record that lists an employee's gross pay, deductions from that pay, and net compensation. Paychecks are produced together with pay stubs.

Employees get a pay stub along with their paycheck that contains information about their gross pay, deductions made from it, and final net pay. Pay stubs should include information on tax deductions, health insurance premiums, and retirement contributions.

Your company will provide you with a non-binding pay stub that details your gross pay, benefits received, and net pay. Lenders, prospective employers, and other organizations utilize it to comprehend your earnings.

The appropriate response is option D.

To learn more about Pay stub

https://brainly.com/question/8762926

#SPJ2

From a consumer’s perspective, what are the advantages and disadvantages of personal selling? Explain.

Answers

In the customer level, personal purchases are helpful because you know next or nothing whatsoever about what you want, other than when you purchase a vehicle and need guidance about items such as forms and prices. However when you felt like you're really there to offer your cash, it can be disappointing on the part of the customer, not to really get anything out of the deal.

Promotion to consumers is called

Answers

Sales promotion

Sale promotion targeted at retailers and wholesale are called trade sale promotion

30 points please help!
Olive's organic Baby food believes their reputation is being put down by a competitor because of their untruthful advertising. Which of the following types of business tort is this?
a. fra ud
b. crim inal
c. defam ation

Answers

Answer:

i believe is fraud

Explanation:

if you find it helpful pls give me the points

Pete would like to respond only to users within his organization with an automatic reply. He is configuring the automatic response. Which option should he select?

answer b

Answers

Answer: B: Inside my organization tab

Explanation: edge 2021 unit review

Tomato sauce and spaghetti noodles are complementary goods. A decrease in the price of tomatoes will a. decrease consumer surplus in the market for tomato sauce and increase producer surplus in the market for spaghetti noodles. b. increase consumer surplus in the market for tomato sauce and decrease producer surplus in the market for spaghetti noodles. c. increase consumer surplus in the market for tomato sauce and increase producer surplus in the market for spaghetti noodles. d. decrease consumer surplus in the market for tomato sauce and decrease producer surplus in the market for spaghetti noodles.

Answers

Answer: c. increase consumer surplus in the market for tomato sauce and increase producer surplus in the market for spaghetti noodles.

Explanation:

A complementary good is the one which can be used only with another good. For example a CD can only run in a CD player or any other suitable device so the sales of CD is dependent upon the availability of device used to pay it. Other examples are tennis ball and tennis racket, mobile phone and sim cards, and others.

According to the given situation the decrease in price of tomato will be an advantage to the consumers as they will be able to purchase them with an affordable price and can produce tomato sauce this will promote the production of spaghetti noodles as tomato sauce is consumed along with spaghetti noodles this way the tomato sauce and spaghetti noodles are complementary goods for each other. The sales and production of one good will affect the sales and production of another.

What could be some volunteer opportunities for an interior decorating job? Someone pls helppp

Answers

U should start tixtok and promote urself first. U can also make a website and attach all ur files. The website can be ur portfolio. Start offering ur service for free to gain experience and trust of ppl. Tell ur friends to recommend u to someone who needs interior designer. Try to research if there are any volunteering jobs for interior designers in ur area.

Can I please get help with this???? I’m not sure if the two are right or not. Please help me!!!!

Answers

Answer:

I think the two you have are correct the second one is Chain restaurants i think

third one Franchise restaurants fourth one One location restaurants

Explanation:


What is the difference between specialization and cross-training?
A. Specialization is for employees at the top management level of
the company while cross-training is for employees at the entry
level.
B. Specialization is for employees who have an advanced degree
while cross-training is for those who do not have an advanced
degree.
C. Specialization is for employees who love what they do while cross-
training is for employees who don't love any one particular area of
their work.
D. Specialization leads employees to focus on a single skill or task
while cross-training deals with training employees in multiple skills
or tasks.

Answers

Answer:

D. Specialization leads employees to focus on a single skill or task

while cross-training deals with training employees in multiple skills

or tasks.

Explanation:

Job specialization can be defined as a strategic process which typically involves the ability of employees working in an organization to develop specific skills, knowledge, great expertise or professionalism and experience to perform their duties, tasks or job functions effectively and efficiently.

In order to gain the requisite skills, expertise and knowledge for job specialization, it is very important for the employees to have undergone an extensive training and a good number of years in work experience.

The primary purpose of job specialization is to increase efficiency and productivity because the employees are able to specialize in the use of specific tools (equipments) to accomplish their tasks, as well as limit the level of error or mistakes in the production process.

On the other hand, cross-training can be defined as a learning process which typically involves teaching an individual or group of people multiple skills that are relevant to their job position or roles in an organization.

Hence, the difference between specialization and cross-training is that, specialization leads employees to focus on a single skill or task while cross-training deals with training employees in multiple skills or tasks.

B. A customer sees a house they want, but it's not for sale because it's owned by someone else. How would you go about approaching the current home owner about possibly selling their home to your buyer?

Answers

Answer:

conditional offer is an agreement between two parties that an offer will be made if a specific condition is met. Conditional offers are used in real estate transactions whereby a buyer's offer on a home is contingent on something getting done for the purchase to go through

___ requrements are courses that build knowledge and skills in a specific field.

A. major
B. general studies
C. specialization
D. elective​

Answers

The Awnser is c specialization

D. elective requrement are courses that build knowledge and skills in a specific field

How does the fractional reserve system increase the money supply in a country?

A. By giving banks the authority to print their own money in an economic emergency
B. By using deposited money to make loans without reducing the value of the deposits
C. By automatically converting foreign currencies into U.S. dollars on deposit
D. By guaranteeing that all deposits are held in reserve as cash at all times

Answers

Answer:

B. By using deposited money to make loans without reducing the value of the deposits.

Explanation:

got it right on the quiz :)

By making loans with the help of deposits while maintaining the value of the deposits. Therefore, option B is correct.

What is fractional reserve system?

Fractional reserve system is a banking system in which banks are required to hold only a fraction of their deposit liabilities as reserves in the form of cash or deposits with the central bank, and can lend out the rest of the funds to borrowers.

For example, if a bank has $100 million in deposits and is required to hold a reserve ratio of 10%, it can lend out $90 million and hold $10 million as reserves. This creates new money in the economy, as the borrower who receives the $90 million can deposit it in another bank, which in turn can lend out a portion of the funds.

The fractional reserve system allows banks to earn interest on loans and create more money in the economy, which can stimulate economic growth. However, it also increases the risk of bank runs and financial instability, as depositors may rush to withdraw their funds if they lose confidence in the bank's ability to repay them.

To mitigate this risk, central banks and regulators monitor banks' reserves and require them to hold additional capital as a buffer against losses.

Learn more about fractional reserve system here:

https://brainly.com/question/30010178

#SPJ7

A television production company was looking for an idea for a new show and approached Emeril Lagasse, a charismatic chef who frequently appears on the Food Channel. It was decided the production company would build a show based around Lagasse's life. Although the casting of the popular Lagasse insured people would watch the first couple of shows, poor scripts led to the cancellation of the show. In terms of the SWOT analysis, the casting of Lagasse was a _____, and the poor scripts were a _____.

Answers

Answer:

Strength, weakness

Explanation:

In terms of the SWOT analysis, the casting of Lagasse was a Strength, and the poor scripts were a Weakness.

You just celebrated your first full year in business. You earned
$100,000 in revenue and had $65,000 of expenses. The
$35,000 you have left is called your...

1. Profit
2. Sales
3. Services
4. Expenses
5. Goods

Answers

Answer:

I think its #1 bro i don't know

Roy Sartore has been hired to oversee all of the plans that the city of Denver has created to expand its train transportation system by adding six more lines to the metro area. Roy will be responsible for planning the project, managing the processes, and finalizing each new line as it is completed. How would you categorize the majority of the decisions Roy will have to make to complete his job?

Answers

Answer:

Semistructured decisions

Explanation:

From the question, we are informed about Roy Sartore who has been hired to oversee all of the plans that the city of Denver has created to expand its train transportation system by adding six more lines to the metro area. Roy will be responsible for planning the project, managing the processes, and finalizing each new line as it is completed. In this case, the majority of the decisions Roy will have to make to complete his job would be categorized as Semistructured decisions. A semi-structured decision can be regarded as type of decision whereby most of the factors that is required to make the decision are been known, though human experience as well as other outside factors can still play a role in the decision making. Another instance of this semi-structured decision making is when diagnosing a medical condition.

Alex

Info:

| 22 yrs old; pre-tax income

= $35,000; $0 savings;

saves $200/month

How much will

they need to

retire at age 67?

Answers

Answer:

hello your question lacks some vital information hence I will make valid assumptions to aid the solution

answer : $583333.33

Explanation:

22 yrs old

pre tax income = $35,000 per year

savings = $200/month

Determine how much you will need to retire at 67

lets assume : Interest rate = 6% per annum

annual withdrawable amount per year after retirement = $35,000

∴ amount to be saved up by 67 years = 35,000 / 6% = $583333.33

hence amount needed to retire at age 67

target amount = $583,333.33

interest rate = 6%

number of years = 67 - 22 = 45

savings per year needed = 583,333.33 / 45 = $12962.96

Note : saving $200 per month would not give the required amount needed to retire at age 67

The required monthly savings =  12962.96 / 12 = $1080.25

Which is considered a tertiary source?

A.) A Wikipedia article

B.) An autobiography

C.) A government record

D.) A journal entry

Answers

Answer:

A Wikipedia article.

Explanation:

A tertiary source are sources that compile info from other sources.

Answer:

B. An autobiography

Explanation:

It's a 3rd person source

Which stage of new product development would you be most interested in participating in? Explain.

Answers

Answer:

prototyping

Explanation: Because with this stage you will be able to see rough draft of the product and you will be able to the strongest and weakest parts of your project. Prototyping makes it possible to concertize an idea and to understand which aspects of the idea prove difficult or impossible to implement. Making a prototype can thus highlight unanticipated physical, technical or financial constraints.

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

Answers

Answer:

it is c issue-based-model

PM Industries has two service departments (Administration and Maintenance) and two operating departments. Departmental costs before allocations are $950,000 for Administration and $1,650,000 for Maintenance. Maintenance costs are allocated on the basis of the number of LPM employees. Administration has 450 employees; Maintenance has 750 employees; Operating Department 1 has 1,350 employees and Operating Department 2 has 1,200 employees. Using the step-down method, how much of the cost from the Maintenance Department will be allocated to Administration

Answers

Answer:

The answer is " 873,529.412"

Explanation:

Following are the equation which the administration would be responsible for the costs of the maintenance departments:

[tex]\to 1,650,000 \times \frac{1,350}{(1,350+1,200)}\\\\\to 1,650,000 \times \frac{1,350}{2,550}\\\\\to 1,650,000 \times \frac{135}{255}\\\\\to 1,650,000 \times \frac{27}{51}\\\\\to 1,650,000 \times \frac{9}{17}\\\\\to \frac{14,850,000}{17}\\\\\to 873,529.412[/tex]

2. The owner of a franchise benefits from brand name recognition, access to professional
and nationwide advertising.

Answers

Answer:

True

Explanation:

It is TRUE that the owner of a franchise benefits from brand name recognition, access to professional and nationwide advertising.

This is because the owner of a franchise has various advantages. The advantages include enhanced reputation which covers all the places there is a franchise.

Then there is an increase in management techniques and work practices, including access to national advertising to cover many places and continuous support.

Which of the following laws limits the hours and types of duties in which teens can work​

Answers

Fair Labor Standards Act

1. How does competition affect the prices that airlines charge for fares?

2. How does a lack of competition affect the prices that the train company charges for fares?

Answers

Explanation:

Different routes of the same distance cost different amounts generally not because they cost different amounts to operate, but because of how much the competitors are charging. ... In all, the truth is that prices reflect what people will pay and so people will pay what flights are priced.I don't really know this part tho...

Find two cases of life insurance fraud. Write a paragraph for each one explaining the details given. (how was the fraud committed, what was the purpose, how the person was caught, what happened as a result, etc.) Next, find one case of health insurance fraud and look up the same information.

Answers

Answer:

Health identity theft is when criminals steal victims names.

Explanation:

health insurance numbers and other personal data and then defraud insurers by making false claims. To combat the problem, some medical ...

IZSA
11. Laser Research, Inc., is sending their five-person research team to a three-day conference to
learn a new automated lab procedure. One researcher earns $336 daily, two earn $360 daily.
and two earn $390 daily. What will the three-day conference cost Laser Research, Ine, in
lost productivity for the five researchers?

Answers

Answer:

The three-day conference will cost Laser Research, Inc. $ 5,508 in lost productivity.

Explanation:

Given that Laser Research, Inc., is sending their five-person research team to a three-day conference to learn a new automated lab procedure, and one researcher earns $ 336 daily, two earn $ 360 daily and two earn $ 390 daily, to determine what will the three-day conference cost Laser Research, Inc, in lost productivity for the five researchers, the following calculation should be performed:

336 x 3 + 360 x 2 x 3 + 390 x 2 x 3 = X

1,008 + 720 x 3 + 780 x 3 = X

1,008 + 2,160 + 2,340 = X

5.508 = X

Thus, the three-day conference will cost Laser Research, Inc. $ 5,508 in lost productivity.

Which aspect of the organization should Albert have been aware of before joining it?
Albert has recently joined a business organization. After a few weeks, he has realized that he is not happy with the organization's values,
management style, and policies. He is thus finding it difficult to perform daily tasks. He wishes he had found some information about the
organization's
before joining it

Answers

Answer:

well you have to think before taking action in something

When does a salesperson generally move in to close a deal?

A. after establishing rapport

B. after qualifying the lead

C. after answering objections

D. after delivering the sales pitch

Answers

After answering objections
So C.

You borrow money on a self liquidating installment loan (equal payments at the end of each year, each payment is part principal part interest) Loan amount $279,000 Interest Rate 12% Life 64 years Date of Loan January 1, 2021 Use the installment method - not straight line Do NOT round any interrmediate numbers. Do NOT turn this into a monthly problem. Do NOT put in minus signs, answer all positive numbers. Required: 1. What is the annual payment (round to the nearest $)? $ 2. What are the total interest payments (round to the nearest $)? $ 3. After 28 payments have been made, what percentage of the total interest has been paid (round to the nearest percentage point)? % 4. After 28 payments have been made, what percentage of the total principal has been paid (round to the nearest percentage point)? % Redo the problem if the interest rate is 1% (for a well designed spreadsheet this should take 30 seconds) Required: 5. What is the annual payment (round to the nearest $)? $ 6. What are the total interest payments (round to the nearest $)? $ 7. After 28 payments have been made, what percentage of the total interest has been paid (round to the nearest percentage point)? % 8. After 28 payments have been made, what percentage of the total principal has been paid (round to the nearest percentage point)? %

Answers

Answer:

it to long to read sorry  what is it about now now

Explanation: ask someone else

Other Questions
PLEASE HELP for a TEST EXPLAIN ANSWER pls give you brainlest!!!! the formula equation of Acetylene + oxygen ----> carbon dioxide + water Lee y escoge la opcin con la palabra o palabras correctas para completar la frase. Read and choose the option with the correct word or words to complete the sentence.Mi hermana escribe una biografa persuasiva sobre su artista favorito en la clase de ingls. Ella solo quiere hablar de sus obras de arte, pero necesita dar ms informacin sobre su vida.En qu parte se escribe la informacin sobre su vida?Es importante que ella ponga la informacin biogrfica en _______. el argumento el cuerpo la posicin la introduccin What is a major similarity between the World Trade Organization (WTO) andthe World Bank?A. Both promote free trade policies among their member states.B. Both support developing countries at the expense of developedcountries.C. Both encourage their member states to strengthen their tariffs.D. Both operate primarily as microfinance institutions. Anyone else been saved by brainly? Why is courier conjugation different from finir? Please explain- brainliest award will be given as well within 4days If f(x) = (x + 7)2 and g(x) = x2 +9,which statement is true?A fo)B f(-4) > g(-3)C f(1) = g(1)D f(2) > g(2) What type of work were immigrant women likely to do? An outside thermometer reads 57F. What is this temperature in C? Round your answer to the nearest whole number. 14 49 71 135 Who founded the Mauryan dynasty? what is the area of the trapozoid? help, i will give brainliest In the beginning of "A Growing Problem," how does the authorintroduce his argument that nonnative species should not live inFlorida?O A. by comparing Florida to Southeast AsiaOB. by comparing pythons to alligatorsOC. by referencing facts about the dangers of pythonsOD. by referencing people's expectations of the Everglades What are three of the products whales are hunted for by the whalers and their substitute products? All forms of electromagnetic radiation occur as waves.truefalse The units for square centimeters are written asCheck all that apply.O A. cm2B. sq. cmC. km2D. sq.mE cm 1. Write an equation for the circle whose graph is shown.y532-5 -4 -3 -2 -11 2 3 4 5 x23-4-5O (3-1)2 + (y + 2)2 = 2O (3-1)2 + (x + 2)2 = 4O (2+1)2 + (y 2)2 = 4O (2+1)2 + (y-2)2 BRAINLIEST FOR CORRECT ANSWER, IM FAILING SCHOOL AND NEED HELP ASAP. EVEN OFFICIAL HELP COUNTS What is one strategy the United States is using in an attempt to keep terrorists from entering the country? Please help! I need this answer right ! And Im unsure can you LMK ASAP???