Answer:
correct answer is b. $444,000
Explanation:
given data
acquired = 40%
voting stock = $420,000
2020 Park earned = $120,000
2021 Park earned = $160,000
paid dividends = $50,000
paid dividends = $40,000
sold half of its stock in Park = $275,000
solution
we get here Balance at December 31 2020 that is express as
Balance at December 31 = Acquisition price + share in net income-share in dividend .........................1
put here value we get
Balance at December 31 = 420000 + (120000 × 0.4) - (60000 × 0.4)
Balance at December 31 = 444000
so correct answer is b. $444,000
Answer:
decrease in the operating income of $132,100
Explanation:
The computation of the impact on the operating income should be given below:
Sales $1,050,000
less: variable cost -$860,000
contribution margin $190,000
Less fixed cost (30% of $193,000) -$57,900
Impact on operating income $132,100
So there is a decrease in the operating income of $132,100
Intelligence is the ability to acquire and apply knowledge and skills.
Answer:
enforceable because it has been expressly ratified by Melissa.
Explanation:
A contract is defined as a legally binding agreement between parties, and is enforceable on both parties involved. There is usually an offer and acceptance to make the contract valid and enforceable. It can involve exchange of goods and services, or future promise to exchange goods and services.
In this instance bMelinda agreed with Umberto that she will buy a car from him when she turns 18 years. The condition to the contract was Melinda turning 18 years.
She has ratified this condition so the contract is now enforceable.
Answer:
A technological choice
Explanation:
Here, what you care about is taking the dollar home in form of cash not necessarily the free lunch in the restaurants. This is an example of technological choice.
