All categories

3 years ago

Is rand corporation a liberal or conservative company?

1 answer:

5 0

The RAND corporation admitt that they see themselves as a centrist rather than liberal or conservative.
But, Since The RAND corporation is a group that created to make analysis for United States Armed Forces, the RAND corporation tend to favor conservative policies.

You might be interested in

Presented below are two independent situations.Gambino Cosmetics acquired 10% of the 200,000 shares of common stock of Nevins Fa

VLD [36.1K]

Answer:

See the explanation below

Explanation:

(a) Gambino Cosmetics

Since Gambino Cosmetics just 15% which is less than 20% of Nevins Fashion, the cost method for accounting for investments is the relevant method that is used as follows:

Stock investment = 10% * 200,000 * $13 = $260,000

Dividend income = 10% * $60,000 = $6,000

Available-for-sale (AFS) reserve = 10% * $122,000 = $12,000

Date Details Dr ($) Cr ($)

08 Mar. ‘15 Stock investments 260,000

Cash 260,000

To record investment in Nevins Fashion

30 Jun. ‘15 Cash 6,000

Dividend income 6,000

To record dividend income from investment in Nevins Fashion

31 Dec. ’15 Stock investments 12,000

AFS Reserve 12,000

To record share of income in Nevins Fashion

(b) Kanza, Inc.,

Since Kanza, Inc. acquired 40% in Rogan Corporation which is greater than 20%, the equity method for accounting for investments is the relevant method that is used as follows:

Stock investment = 40% * 30,000 * $9 = $108,000

Dividend income = 40% * $30,000 = $12,000

Investment revenue = 40% * $80,000 = $32,000

Date Details Dr ($) Cr ($) 

01 Jan. ‘15 Stock investments 108,000

Cash 108,000

To record investment in Rogan Corporation

15 Jun. ‘15 Cash 12,000

Stock investment 12,000

To record dividend received from investment in Rogan Corporation

31 Dec. ’15 Stock investments 32,000

Investment revenue 32,000

To record share of income in Rogan Corporation

8 0

3 years ago

Frazier Company sells women's ski jackets. The average sales price is $272 and the variable cost per jacket is $122. Fixed Costs

padilas [110]

Answer:

b. $2,205,000

Explanation:

We know,

Contribution Margin = Sales (Revenues) - Variable Cost (expense)

Contribution margin is the difference between sales and variable cost.

Given,

Sales per unit = $272

Variable cost per unit = $122

Sales volume (Number of Ski Jackets) = 14,700 jackets

Now, we use contribution margin format income statement to determine the contribution margin for 14,700 jackets.

Sales ($272 × 14,700 jackets) $3,998,400

Less: Variable expense ($122 × 14,700 jackets) $(1,793,400)

Contribution Margin [($272 - 122) × 14,700 jackets] = $2,205,000

Therefore, option B is the answer.

4 0

3 years ago

the role of government in real estate at the federal, state, and local level. Which has the most significant impact on real esta

dezoksy [38]

Answer:

Local government has the most influence on real estate markets. It affects the supply and cost of real estate through zoning and land use regulations, fees on new land development, and restrictive building codes.

5 0

3 years ago

Read 2 more answers

If you are trying to reduce overall expenses, which budget category is easiest to make spending totals to?

Tresset [83]

I believe the answer is A. total net income

6 0

3 years ago

Fruit thinning is practiced for peaches to increase the size of the remaining fruit (T/F)

aliya0001 [1]

Answer:

The statement is: True.

Explanation:

Fruit thinning is the process by which farmers remove some of the fruits growing on a tree so that the remaining can grow bigger and better. This practice is usually performed during the spring and it is useful to prevent limbs to break due to excessive weight.

5 0

3 years ago