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arlik [135]
3 years ago
5

"3. For this question only, assume that on January 2, 2018, Pops, Inc. acquired 192,000 shares of Son Corp. at a cost of $10 per

share. At what amount should the Investment in Son be reported on Pops’ December 31, 2018 balance sheet?"
Business
1 answer:
NISA [10]3 years ago
3 0

Answer:

The investment in Son Corp. should be reported on Pops' December 31, 2018 balance sheet at $1,920,000 ($10 * 192,000).

Explanation:

There is no indication that the fair price of the shares of Son Corp. has changed from its original cost of $10.  Therefore, the investment in Son Corp. can only be reported on the balance sheet of Pops' at the cost price on acquisition.  But, assuming that the price has fluctuated over the period, the investment would have been valued at the current market price multiplied by the number of shares.

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Drag the tiles to the correct boxes to complete the pairs.
Sonbull [250]

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Explanation:

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4 0
3 years ago
Warren Cassell, owner of Just Books, a very small book store, makes special orders for customers at no extra charge, provides fr
Anna007 [38]

Answer:

Cassell is relying on Guerrilla Marketing strategy in this case.

Explanation:

Guerrilla Marketing:

It is a such type of marketing strategy in which we use non-traditional ways to accomplish our marketing goals. This unconventional way of marketing is directed towards developing an emotional between a business/organization and its customer.

Example:

The common example of guerrilla marketing is as follow:

A company named "XYZ" sells soft drink and they start a campaign in a public space in which they offer free drinks to the public. The people taste their soft drink for free and tell others about it.  

In our case, Warren Cassell use this strategy of marketing by offering them free gift-wrapping, free autographed copies of books etc so that the customer develop a very strong emotional bond with the book store. As a result, they will tell other people about her generosity and will help her to expand her business.    

5 0
4 years ago
Read 2 more answers
Interest Practice<br> How much would x dollars earn in 1 year at a rate of 4.4% compounded annually?
shusha [124]

Answer:

x1.044 - x

Explanation:

The formula for calculating compound interest is as below

FV = PV × (1+r)^n

where FV = Future Value

PV = Present Value

r = annual interest rate

n = number of periods

How much would x dollars earn in 1 year at a rate of 4.4% compounded annually?

In this case, PV =X, r =4.4% and n=1

FV = x  x ( 1+4.4/100)^1

Fv = x  x( 1.044)^1

Fv = x1.044

x dollars will earn x1.044 - x

8 0
3 years ago
1. Ira Schwab opens up a Schwab IRA and places $2,000 in his retirement account at the beginning of each year for 10 years. He b
s2008m [1.1K]

Answer:

He will have $102,979 in his retirement account in 10 years.

Explanation:

Annual Payment = $2,000

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Interest rate = i = 5%

Compounded Quarterly

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FV = $2,000 [ ( ( 1 + ( 0.05 / 4 )^40 ) - 1 / ( 0.05 / 4 )

Future value = $102,979

So, Ira Schwab will have $102,979 in his retirement account in 10 years.

5 0
3 years ago
In which business continuity planning task would you actually design procedures and mechanisms to mitigate risks deemed unaccept
Leto [7]

Answer:

It is Business Impact Assessment (B)

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Organizational plans and business decisions are vulnerable to various risks that could hinder them from materializing .

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