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Andre45 [30]
3 years ago
9

Blanco Company purchased 200 of the 1,000 outstanding shares of Darby Company's common stock for $600,000 on January 2, 2018. Du

ring 2016, Darby Company declared dividends of $100,000 and reported earnings for the year of $400,000.
If Blanco Company used the fair value method of accounting for its 20% investment in Darby Company, and its fair value at 12/31/18 is $680,000, the Investment (Darby) account on December 31, 2018 should be

a. $580,000.
b. $660,000.
c. $600,000.
d. $680,000.
Business
1 answer:
Kisachek [45]3 years ago
7 0

Answer:

The answer is c. $600,000

good luck ❤

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As consumers, we have to make decisions because ?
Leno4ka [110]

Answer: As consumers, we have to make decisions because our wants are <em><u>unlimited but our resources are limited</u></em>. Since you have two of the same choices, I am assuming there is a typo and this is the choice that should be there.

Explanation:

As a consumer, there is so much that can be bought but financially most people can't afford everything. When buying an item, it is up the consumer to determine if they can afford the item or go without it. Sometimes, we buy the item even though we can't afford it and then regret the purchase. To satisfy a persons wants, a budget must be in place to be able to save money to purchase items.

4 0
3 years ago
The average wholesale price a company is charging camera retailers for its models is deemed to be competitive with the average w
svp [43]

Their average wholesale price can be said to be competitive if it is below the all-company average wholesale price in that geographic region.

<h3>When is a price considered competitive?</h3>
  • It means that the price is better than others in the market for a certain good or services.
  • It is lower than the average price offered by other sellers.

The company is therefore charging a lower than average price which is why it is competitive with others because they will be forced to lower prices to maintain sales.

In conclusion, option A is correct.

Find out more on markets that allow competitive pricing at brainly.com/question/24877850.

7 0
2 years ago
Up-Town Express processed 89,233 packages this month. If this is 36.5% less than last month, how many packages did they process
solniwko [45]

Answer:

X=140.524.4≅140,524 Packages

Correct option is C (140,524)

Explanation:

Given Data:

Up-Town Express processed =89,233 packages this month

Less than last month=36.5%=0.365

Required:

Packages did they process last month=?

Solution:

Let say X is the number of Packages they process last month.

Equation from above data:

89233+0.365X=X

89233=X-0.365X

0.635X=89233

X=89233/0.635

X=140.524.4≅140,524 Packages

Correct option is C (140,524)

4 0
3 years ago
Following the 2007-2009 financial crisis, many people feared that Greece might leave the euro and resume using the drachma. If t
Nina [5.8K]

Answer:

A medium of exchange

Explanation:

A medium of exchange is a system where it is used to facilitate the sale, purchase, trading of the products & services between the parties

Since in the given situation,  it is mentioned that the seller would not willing to accept the drachma in exchange of goods & services so here the drachma would not be served as a medium of exchange

hence, the same would be relevant

7 0
2 years ago
Explain in detail the various of cottage industry.​
almond37 [142]

Answer:

A cottage industry is a small-scale, decentralized manufacturing business often operated out of a home rather than a purpose-built facility. Cottage industries are defined by the amount of investment required to start, as well as the number of people employed.

4 0
3 years ago
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