Jane drove 260 miles using 12 gallons of gas. At this rate, how many gallons of gas would she need to drive 286 miles

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

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5 0

1 year ago

Please help what is the solution to the equation AX = B?

vladimir2022 [97]

Answer:

The first one

Step-by-step explanation:

In this question, we are trying to find X, so can solve this by back-solving. multiply the choices by the A until they equal B. If you do it for the first one then you should gett B.

7 0

4 years ago

Read 2 more answers

Use completing the square to solve for x in the equation (x minus 12) (x 4) = 9.

Sindrei [870]

Answer:

By using completing the square method, equation (x - 12) (x + 4) = 9 can be solved as x = (4 + √ 73) or (4 - √ 73)

6 0

2 years ago

There are 2 more angles. m angle 7 and m angle 8

Licemer1 [7]

ANSWER:

A and B aren't parallel lines, as the alternate angles aren't equivalent to each other.

For m angle 1 -

Vertically opposite angles are equivalent to each other.

m angle 1 is vertically opposite m angle 4.

Therefore:

m angle 4 = 100

m angle 1 = m angle 4

m angle 1 = 100

For m angle 6 -

Co-interior angles add up to 180°.

m angle 4 and m angle 6 are co-interior angles.

Therefore:

m angle 4 = 100

m angle 4 + m angle 6 = 180

100 + m angle 6 = 180

m angle 6 = 180 - 100

m angle 6 = 80

For m angle 7 -

Vertically opposite angles are equivalent to each other.

m angle 6 is vertically opposite m angle 7.

Therefore:

m angle 6 = 80

m angle 7 = m angle 6

m angle 7 = 80

For m angle 8 -

Corresponding angles are equivalent to each other.

m angle 8 and m angle 4 are corresponding angles.

Therefore:

m angle 4 = 100

m angle 8 = m angle 4

m angle 8 = 100

Hence, the angles are as follows:

m angle 1 = 100

m angle 6 = 80

m angle 7 = 80

m angle 8 = 100

Hope this helps! <3

5 0

3 years ago

The interior of a safe is shaped like a cube with edges 9 inches long. What is the volume of the interior of the safe?

fgiga [73]

Answer:

Assuming that all three sides are 9 inches then the answer should 729.

Step-by-step explanation:

Just multiply 9*9*9. The formula to get volume is (length)*(width)*(height).

3 0

3 years ago