Which of the following would cause demand-

Ravine Corporation purchased 30 percent ownership of Valley Industries for $92,700 on January 1, 20X6, when Valley had capital s

Maslowich

Answer:

The Various answers are clearly explained in the Explanations. Thank you.

Explanation:

First, we calcuate the Net Income of Ravine Corporation Based on the FairValue Method

Year OPerating Income UnrealizedGain Dividend inc. Net Income

20x6 $140,000 11,000 6,000 $157,000

20x7 80,000 11,000 12,000 $103,000

20x8 220,000 11,000 12,000 $243,000

20x9 160,000 11,000 6,000 $177,000

Kindly note, thta the dividend income for each year is based on 30% of the Dividend of Valley for that year for instance, Dividend income for 20x6 = 0.3 x $20,000 = $6,000

Next we calculate the Net Income of Ravine Corpoartion Under the Equity Method

Year OPerating Income Share ofo Income in Valley Net Income

20x6 $140,000 9,000 149 ,000

20x7 80,000 15,000 95,000

20x8 220,000 3,000 223,000

20x9 160,000 12,000 172,0000

NOte as well that the Share of Income in Valley is 30% of the yearly net income of Valley Industries.

Question B) Part 1

Ravine Corporation Journal Entries

S/N Description Debit Credit

1 Cash 12,000

Dividend Revenue 12,000

Being the record of dividend received from valley industries

2. Fair Value Adjustment 11,000

Unrealized holding gain or loss 11,000

Being the rcord of fair value change in value of the investments

Question B) Part 2

S/N Description Debit Credit

1 Cash 12,000

Investment in Valley 12,000

Being the record of dividend received from valley industries

2. Investment in Valley 3,000

Investment Income 3,000

BBeing the share of income of Ravine in Valley

6 0

3 years ago

how a teacher can use motivational strategies to control problem behavior in classroom give an example

noname [10]

<h3><u>Answer</u></h3>

The Earth’s mantle is made up of Tectonic plates that are forever moving as the Earth cools down. This happens over billions of years, and one of the most notable ones is around the Pacific rim where Earthquakes, (seismic activity) happens quite often

The Rift Valley in Ethiopia lies along the edge of the African Tectonic Plate, and continues down through parts of Somalia and into Kenya.

Just recently a rift opened up in Kenya, which seismologists seem to think is the pre-cursor of a major tectonic plate movement, splitting apart a part of Africa, which could include Ethiopia

Here are some strategies that can be used in the classroom to help motivate students:

Promote growth mindset over fixed mindset.
Develop meaningful and respectful relationships with your students.
Grow a community of learners in your classroom.
Establish high expectations and establish clear goals.
Be inspirational.

5 0

3 years ago

The ________ adopted an elaborate form of interest arbitration, known as the Experimental Negotiating Agreement, in the 1970s as

Sergio039 [100]

The United steelworkers of America adopted an elaborate form of interest arbitration, known as the Experimental Negotiating Agreement, in the 1970s as a means of avoiding the long and costly strikes that had made the industry vulnerable to foreign competition.

When two or more parties must decide together yet have differing preferences, they try to negotiate a compromise. In order to strike a compromise when you and the other side have both similar and divergent interests, you and the other side must communicate back and forth.

The United Steelworkers is a general trade organization with members all over North America. It represents workers in the steel, paper, rubber, manufacturing, energy, and allied industrial and service sectors.

Learn more about United steelworkers of America here brainly.com/question/16996777

#SPJ4

4 0

2 years ago

Evans Ltd. is now considering the possibility of offering a lifetime membership option to its subscribers. Under this proposal,

Ahat [919]

Answer: $329.75

Explanation:

The one year subscription is $40 per year. It is estimated that the average age of current subscribers is 38 and they will leave on average to 78. This means that they will leave for,

= 78 - 38

= 40 years

Evans Ltd average interest rate on long-term debt is 12% so this means that we can use that 12% as a discount rate for the cash-flow expected.

I have attached a Present Value Interest Factor of an Annuity table to this question. It helps calculate annuities faster.

The above can be treated as an annuity because the $40 is constant every year.

The present value of the $40 over 40 years can be calculated by,

= $40 * present value Interest Factor of an Annuity for 40 years at 12% (look at the table for where 40 years on the y axis intersects with 12% on the x axis)

= $40 * 8.2438 (this is the figure when it is not rounded off to 3 dp)

= $329.752

= $329.75

This shows that the lifetime flat fee of $480 is more profitable for Evans Ltd as opposed to the yearly subscription. They should therefore try to sell more of the lifetime contract with the flat fee.

3 0

3 years ago

The IS curve represents Select one: a. the single level of output where financial markets are in equilibrium. b. the combination

iragen [17]

Answer:

D. the combinations of output and the interest rate where the goods market is in equilibrium.

Explanation:

The IS curve means investment-savings curve.

The IS curve is the combinations of output and the interest rate where the goods market is in equilibrium.

It is a curve which shows the different combinations of income (Y) and the real interest rate (r) such that the market for goods and services is in equilibrium.

This means that, every point on the IS curve is an income/real interest rate pair (Y,r) such that the demand for goods is equal to the supply of goods(Qs=Qd) or equivalently, the desired national saving is equal to desired investment.

7 0

3 years ago

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