1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kramer
4 years ago
10

Cullumber Corporation has these long-term investments: common stock of Vejas Co. (10% ownership), cost $116,090, fair value $110

,090; common stock of Penn Inc. (30% ownership), cost $222,300, equity $212,890; and debt investment, cost $96,430, fair value, $163,100. Prepare the investments section of the balance sheet.
Business
1 answer:
Dovator [93]4 years ago
4 0

Answer and Explanation:

Partial Balance sheet

Investments  

Stock investments (At fair value)       $110,090

Debt investments (at fair value)       $163,100

Stock investments (At equity)       not given: $0

Total investment)                               $276190

You might be interested in
The part of the market that a specific product is focusing on is called a(n) _
inessss [21]

Answer The part of the market that a specific product is focusing on is called a target.

Explanation: Target marketing involves breaking a market into segments and then focusing on your marketing efforts on one. Only a certain portion of the population will actually be interested in your specific product. That is your target market.

\textit{\textbf{Spymore}}​

3 0
4 years ago
Horace sells equipment with an adjusted basis of $20,000 to his great-grandson, Matthew, for its fair market value of $15,000. M
Alla [95]

Answer:

The recognized gains upon the sale is $2000.

Explanation:

As the cost of purchase of the equipment to Mathew is $15000 and the sale proceeds received is $17000. The gain is actually calculated as follows;

Gain = Sale proceeds –Cost of equipment  

Gain = Matthew sells the equipment to an unrelated party for $17,000 – Matthew bought equipment for its fair market value of $15,000

Which is $1700 -$1500 = $2000

Therefore the recognized gains upon the sale is $2000.  

6 0
3 years ago
Readability is the level of vocabulary used on the page.<br><br> A.True<br> B.False
Zinaida [17]

Answer:

b. i think readability is the ability to read

Explanation:

hi!!!!!!

5 0
3 years ago
How to commit not live?
VMariaS [17]

Answer:

Grab some peanut butter ;)

Explanation:

And your favorite pet;)

7 0
3 years ago
Read 2 more answers
Which is not a defining attribute of a group?a. Mutual goal b. Unstructured relationships c. Positive interdependence d. Interpe
WARRIOR [948]

Answer:

<u>d. Interpersonal interaction.</u>

<u>Explanation:</u>

A group may have mutual goal, unstructured relationships but may not necessarily have Interpersonal interaction.

For example, a group of 100 persons makes up the passengers on a flight <em>heading to</em> New York City (their mutual goal)  and they're made of individuals of random backgrounds (unstructured relationships). They expect the pilots to deliver them safely at their destination (positive interdependence), however, it is likely that throughout the trip there is no interpersonal interaction among the passengers.

4 0
3 years ago
Other questions:
  • It is hard to determine if the bank's Web site is secure.
    9·2 answers
  • The country of merilya exported goods and services worth $1.2 million and imported goods and services worth $2.7 million. the ne
    7·1 answer
  • Reporting changes in partnership capital accounts is similar to reporting changes for a.a limited liability trust. b.a corporate
    12·1 answer
  • Aurora, a media specialist with Radley, is packaging an online promotional sale of its newest women's high-end handbag. She trac
    9·1 answer
  • Define What is management
    12·2 answers
  • The following is a partial trial balance for the Green Star Corporation as of December 31, 2016:Account Title Debits CreditsSale
    10·1 answer
  • Barclay enterprises manufactures and sells three distinct styles of bicycles: the youth model sells for $340 and has a unit cont
    8·1 answer
  • Assume you are bequeathed $500 by a long-lost cousin. You decide that, for the next year, you will put all that money in the ban
    6·1 answer
  • Which statement is true of all transactions?
    5·2 answers
  • Manager Mike offered incentives, allowed his employees to voice their opinions, and communicated positive messages. How do these
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!