Companies use Blank______ advertisements to tell people what a product is, what it can do, and where it can be found.

Potash Corporation acquired the voting stock of Safestyle Company on January 1, 2019 for $50 million. Safestyle's book value at

Vika [28.1K]

Answer: A. $53,300,000

Explanation:

Year 2019 balance for Investment

= Cash + Net income - amortization

Net income = Beginning retained earnings 2020 - Beginning retained earnings 2019

= 11 - 8

= 3 million

Balance 2019 = 50 + 3 - 1

= $52 million

Year 2020 balance

= Opening balance + Net income - amortization

= 52 + 1.8 - 0.5

= $53.3 million

= $53,300,000

4 0

3 years ago

Your brother is starting 9th grade next year and is thinking about going to college. What steps would you recommend he take?

kondor19780726 [428]

D. The FAFSA form will only be relevant for student aid, and 9th grade is too early to apply for that.

5 0

3 years ago

Read 2 more answers

XYZ Company makes one product and has calculated the following amounts for direct labor: AH x AR = $84,000; AH x SR = $83,000; S

Molodets [167]

Based on the various cost rates and hours for XYZ Company, the labor efficiency variance is $2,000 unfavorable

<h3>What is the labor efficiency variance?</h3>

This can be found as:

= (Actual hours x Standard rate) - (Standard hours x Standard rate)

Solving gives:

= 83,000 - 85,000

= $2,000 unfavorable

Find out more on the labor efficiency variance at brainly.com/question/27404735

#SPJ1

5 0

1 year ago

A company will pay a $2 per share dividend in 1 year. The dividend in 2 years will be $4 per share, and it is expected that divi

Savatey [412]

Answer:

(a) $ 46.43

(b) $ 50.00

Explanation:

In 1 year the dividend is:

D1 = $2

In 2 years, the dividend is:

D2 = $4

(a)

Now,

⇒ $D3=D2\times (1+g)$

$=4\times (1+4 \ percent)$

$=4.16$ ($)

In 2 years, the price will be:

⇒ $P2=\frac{D3}{(r-g)}$

$=\frac{4.16}{12 -14}$

$=52.00$ ($)

Today's price will be:

⇒ $P0=\frac{D1}{(r-g)}+\frac{D2+P2}{(1+r)^2}$

$=\frac{2}{1.12}+\frac{(4+52) }{1.12^2}$

$=46.43$ ($)

(b)

In 1 year, the price will be:

⇒ $P1=\frac{(D2+P2)}{(1+r)}$

$=\frac{4+52}{1.12}$

$=50.00$ ($)

5 0

3 years ago

Information for Pueblo Company follows: Product A Product B Sales Revenue $ 59,000 $ 51,000 Less: Total Variable Cost $ 11,400 $

gulaghasi [49]

Answer:

$101,639.34

Explanation:

Given the above information,

Product A Product B Total

Sales revenue $59,000 $51,000 $110,000

Contribution margin $47,600 $19,500 $67,100

Overall contribution margin ratio 61%

Fixed cost + Target profit [$42,000 + $20,000] $62,000

Break even dollars in sales = $62,000 / 61% = $101,639.34

6 0

2 years ago