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Irina-Kira [14]
3 years ago
8

PLEASE HELP FOR BRAINLIEST

Mathematics
1 answer:
tatiyna3 years ago
6 0

Answer:

  • It is a linear equation
  • The graph of the equation will show that the <em>y</em> values increase as the <em>x</em> values increase.

Step-by-step explanation:

The pay Michael gets (y) is the amount per paper ($0.40) multiplied by the number of papers (x) and that product added to the daily base pay of $5. Michael's daily pay (in dollars) can be described by ...

  y = 5.00 + 0.40x

This is a linear equation with a positive slope (meaning y goes up when x goes up).

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On December 31, 2019, Akron, Inc., purchased 5 percent of Zip Company's common shares on the open market in exchange for $16,050
Anastaziya [24]

The amount reported for the investment in Zip Company by Akron's December 31, 2021, balance sheet is <u>$143,400</u>, which is the fair value of the Common Stock of Zip Company.

<h3>What is the fair value of an investment?</h3>

The fair value of an investment is the current value and not the historical cost when the investment was made.

Fair value refers to the intrinsic worth of an asset or security.

<h3>Data and Calculations:</h3>

           Income   Dividends     Common Stock      Akron's Investment

                           Declared      Fair Value (12/31)     in Zip Company

2019                                             $321,000         $16,050 ($321,000 x 5%)

2020  $79,000   $6,200             376,000        $94,000 ($376,000 x 25%)

2021     89,000    15,800             478,000        $143,400 ($478,000 x 30%)

Excess attributed to share of Zip's franchises = $33,350 ($143,400 - $110,050).

Thus, the amount reported for the investment in Zip Company by Akron's December 31, 2021, balance sheet is <u>$143,400.</u>

Learn more about the fair value of an investment at brainly.com/question/13219936

#SPJ1

5 0
1 year ago
Holly has 38 pecans. She has 5 friends coming to visit. If Holly and her five friends each eat an equal number of pecans, about
MakcuM [25]

Answer: The answer is 6.3

5 0
3 years ago
If Justin can type 408 words in 4 minutes, how many words can he type per minute?
Pavel [41]

Answer:

102

Step-by-step explanation:

408 words / 4 min = 102 words per min

3 0
3 years ago
Read 2 more answers
X + 2∕5 = 1∕3 for x.
Stels [109]

Answer:

?

Step-by-step explanation:

?

8 0
3 years ago
Answer this question for brainliest and 20 points
Naddik [55]

Answer:

Least to greatest: 2, 3, 1

Step-by-step explanation:

Square root of 8 over 2 is about 1.41 which makes it the least value

2 is obviously equal to 2 which puts it in the middle

Square root of 7 is about 2.64 which makes it the greatest value

3 0
3 years ago
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