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3 years ago

Why don't snakes have spines?

Business

1 answer:

Jlenok [28]3 years ago

4 0

Answer:

snakes do have spines actually, in fact they need alot of bones, to be strong and flexible. They have hundreds of vertebrae and their spines are very long. You can even look up "snake skeleton"

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Equity method journal entries (price greater than book value) An investor purchases a 25% interest in an investee company, and t

Crazy boy [7]

Answer:

See answer an explanation below.

Explanation:

The journal entries will look as follows:

General Journal

Description Debit ($) Credit ($)

Equity investment 145,000

Cash 145,000

(To record purchase of investment.)

Cash 25,000

Income from equity investment (w.1) 25,000

(To record equity income.)

Cash 20,000

Equity investment 20,000

(To record receipt of cash dividend.)

Income from equity investment 2,000

Equity investment (w.2) 2,000

(To record patent amortization expense.)

Cash 180,000

Gain on sale of equity invest. (w.4) 32,000

Equity investment (w.3) 148,000

(To record sale of investment.)

Workings

w.1: Income from equity investment = Investee's net income * Percentage of interest = $100,000 * 25% = $25,000

w.2: Equity investment = (Patent value / Remaining useful life) * Percentage of interest = ($80,000 / 10) * 25% = $8,000 * 25% = $2,000

w.3: Equity investment = $145,000 + $25,000 - $20,000 - $2,000 = $148,000

w.4: Gain on sale of equity investment = Sales proceed - w.3 = $180,000 - $148,000 = $32,000

4 0

3 years ago

Claude C. Hopkins believed that advertising moved from being a _____to a science.

ANTONII [103]

I think pig in a poke ;)

7 0

3 years ago

Local Inventory Ads allow retailers to promote their in-store inventory and drive

lana [24]

Answer:

True

Explanation:

Local inventory ads show people that are using Google the information about a nearby store and the products that are available there which helps to increase the sales in the stores.

According to this, the answer is that the statement that says that Local Inventory Ads allow retailers to promote their in-store inventory and drive shoppers to their brick-and-mortar stores is true because these ads show people the inventory available in a nearby store which helps to get more customers to go there.

4 0

3 years ago

The population of ectenia is 100 people: 40 work full-time, 20 work half-time but would prefer to work full-time, 10 are looking

Marina CMI [18]

60 Becuase only 60 are working.

7 0

3 years ago

The following are the unit costs of making and selling an item at a volume of 30,000 units per month, which represents the compa

nadezda [96]

Answer:

$7.90 per unit

Explanation:

The computation of the minimum price on these defective units is shown below:

It is equivalent to the selling & admin variable cost per unit i.e. $7.90 per unit

oAs all the other cost would be considered as a sunk cost because the product is already generated and the fixed cost is not considered as it would remain the same whether the production is increase or not

Therefore the second option is correct

5 0

3 years ago