Is this a true or false question? Is it multiple choice? is it expected to be written in complete sentences as a short answer? I need more context on how to respond to the situation in the question :)
Answer:
$664,000
Explanation:
Correct words: <em>"If Wildhorse Company used the </em><em>Equity </em><em>value method of accounting for its investment in Ayayai Company"</em>
<em />
Ownership percentage = 300/1000
Ownership percentage = 30%
Balance in equity investment at Dec 31, 2021 = $570,000 + Share in earnings ($370,000*30%) - Share in dividends paid out ($85000*20%)
Balance in equity investment at Dec 31, 2021 = $570,000 + $111,000 - $17,000
Balance in equity investment at Dec 31, 2021 = $664,000
So, the Equity Investments balance for Ayayai company on December 31, 2021 is $664,000.
Answer:
The slope of the budget constraint is -0.2. The solution is attached in the picture below
Explanation:
If corny and sweet grows and sells sweet corn at its roadside produce stand. the selling price per dozen is $3.75, variable costs are $1.25 per dozen, and total fixed costs are $750.00, the breakeven sales will be $ 1, 125. Breakeven sales are computed by dividing the company's expenses with the margin ratio.
