Answer:
$708,000
Explanation:
The computation of Investment in Evan Company balance is shown below:-
Purchase of Evan stock = $600,000
Book Value of Evan Stock = Net assets - Given percentage
= $1,200,000 x 40%
= $480,000
Goodwill = Purchase of Evan stock - Book Value of Evan Stock
= $600,000 - $480,000
= $120,000
Life of Goodwill is Indefinite
Annual Amortization is Zero
Cost = $600,000
Income Accrued 2017 = Net income × Given percentage
= $140,000 x 40%
= $56,000
Dividend 2017 = Cash dividend × Given percentage
= $50,000 x 40%
= $20,000
Income Accrued 2018
= $140,000 x 40%
= $56,000
Dividend 2018
$50,000 x 40%
= $20,000
Income Accrued 2019
= $140,000 x 40%
= $56,000
Dividend 2019
$50,000 x 40%
= $20,000
Equals Investment in Evan, 31/12/2019 = Purchase of Evan stock + Income Accrued 2017 - Dividend 2017 + Income Accrued 2018 - Dividend 2018 + Income Accrued 2019 - Dividend 2019
= $600,000 + $56,000 - 20,000 + 56,000 - 20,000 + 56,000 - 20,000
= $708,000
Answer: Please refer to Explanation.
Explanation:
First let me begin by explaining the terms,
When we speak of EXCLUDABLE GOODS we speak of goods that people will not benefit from if they are unwilling to pay for them.
NON-EXCLUDABLE GOODS are the opposite in that people still benefit even if they are unwilling to pay.
When we speak of RIVALROUS GOODS we speak of goods that when consumed, the ability of others to partake of that good is diminished or destroyed as opposed to NON-RIVALROUS goods who's consumption does not reduce or get destroyed by the usage and consumption of others.
Now then,
National Defense: NON-EXCLUDABLE and NON-RIVALROUS
Pay per view cable TV: EXCLUDABLE and NON-RIVALROUS
A Hot Pocket sandwich: EXCLUDABLE and RIVALROUS.
Private classroom education: EXCLUDABLE and RIVALROUS.
Pajamas: EXCLUDABLE and RIVALROUS.
A unicycle: EXCLUDABLE and RIVALROUS.
If you need any further clarification do comment. Cheers.
Answer:
Effect on income= $115,000 decrease
Explanation:
Giving the following information:
Fixed costs= $45,000
Number of units= 20,000
Unitary contribution margin= $8
<u>To calculate the effect on income, we need to use the following formula:</u>
Effect on income= decrease in fixed costs - decrease in contribution margin
Effect on income= 45,000 - 20,000*8
Effect on income= $115,000 decrease
Answer:
2) a result of business recessions that occur when aggregate demand is insufficient to create full employment.
Explanation:
There are 3 basic types of unemployment:
- frictional unemployment or voluntary unemployment that takes place when a worker quits his current job and starts to search for a better one.
- Structural unemployment is not voluntary and results from a mismatch in the workers' skills and abilities, and the skills and abilities required to perform certain jobs that are available.
- Cyclical unemployment is also not voluntary and is the result of economic recessions that lower the general employment level.
Answer:
Priscilla's homemade dividend per share be in 2017 will be $3.585
Explanation:
In order to calculate what will be Priscilla's homemade dividend per share be in 2017 we would have to use the following formula:
homemade dividend=(Dividend in 2016×(1+Required rate))+Dividend in 2017
homemade dividend=($1×(1+8.5%))+$2.50
homemade dividend=$1.085+$2.50=$3.585
Priscilla's homemade dividend per share be in 2017 will be $3.585