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Talja [164]
3 years ago
14

Vaughn Inc. acquired all of the outstanding common stock of Roberts Co. on January 1, 2020, for $276,000. Annual amortization of

$21,000 resulted from this acquisition. Vaughn reported net income of $80,000 in 2020 and $60,000 in 2021 and paid $24,000 in dividends each year. Roberts reported net income of $50,000 in 2020 and $57,000 in 2021 and paid $12,000 in dividends each year. What is the Investment in Roberts Co. balance on Vaughn's books as of December 31, 2021, if the equity method has been applied
Business
1 answer:
frosja888 [35]3 years ago
5 0

Answer:

ΗΘΕ

Explanation:

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During July, the production department of a process operations system completed and transferred to finished goods 10,000 units t
sattari [20]

Answer:

5.602786

Explanation:

Units completed:

= 100% of (76,000 + 10,000)

= 86,000

Closing units:

= 25% of 15,000

= 3,750

Equivalent units = Units completed + Closing units

                           = 86,000 + 3,750

                           = 89,750

Opening cost = 52,100

Cost during the year = 450,750

Total cost = Opening cost + Cost during the year

                = 52,100 + 450,750

                = 502,850

Direct labor cost per equivalent unit:

= Total cost ÷ Equivalent units

= 502,850 ÷  89,750

= 5.602786

7 0
3 years ago
Zoe's new job will require her to drive a farther distance. She budgets 10 percent more for gas, for a total of 20 percent for g
Anna [14]

Answer:

The answer is A.Entertainment 10%, Clothing 10%.

Explanation:

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3 years ago
What is classical view
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Which phrase characterizes the perspective of most investors in the stock market on the first half of 1929?
Evgesh-ka [11]

Strongly enthusiastic characterizes the perspective most investors had of the stock market in the first half of 1929.

 

On Tuesday October 29th, 1929, a stock market crash cost the market about 12 percent of its value. Although the loss was staggering, it was only a portion of the loss that was to occur in the following 3 years. In 1932 the DJIA reached a low of just 11% of its high in 1929, or a loss of roughly 89%. It reached a high of 381.17 in early September of 1929 and a low of 41.22 in July of 1932. Although we can recognize some of the conditions that helped to fuel the stock market crash of 1929, what set it off is harder to determine.

 

The correct answer between all the choices given is the second choice or letter B. I am hoping that this answer has satisfied your query and it will be able to help you in your endeavor, and if you would like, feel free to ask another question.

4 0
4 years ago
Read 2 more answers
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