Answer:
$664,000
Explanation:
Correct words: <em>"If Wildhorse Company used the </em><em>Equity </em><em>value method of accounting for its investment in Ayayai Company"</em>
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Ownership percentage = 300/1000
Ownership percentage = 30%
Balance in equity investment at Dec 31, 2021 = $570,000 + Share in earnings ($370,000*30%) - Share in dividends paid out ($85000*20%)
Balance in equity investment at Dec 31, 2021 = $570,000 + $111,000 - $17,000
Balance in equity investment at Dec 31, 2021 = $664,000
So, the Equity Investments balance for Ayayai company on December 31, 2021 is $664,000.
Shelter and food? unless you have that loan for something else
Answer:
11.36%
Explanation:
Given:
Selling cost of the stock at the beginning of the year = $22
Selling cost of the stock at the End of the year = $24
Dividends received = $0.50 per share
Thus,
The actual amount received at the end of the year
= Selling cost of the stock at the End of the year + Dividends received
= $24 + $0.50
= $24.50
thus,
the interest received = $24.50 - $22 = $2.50
therefore, the rate of interest =
or
the rate of interest =
or
the rate of interest = 11.36%
U need to provide the options we can pick from please
Answer:
The total cost at 9000 anchor is $473400
Explanation:
To come up with the cost equation used by the manager, we need to find the variable cost per unit.
The total cost at production level of 5300 is = 5300 * 54 = $286200
Out of the total costs, $18000 are fixed.
Thus, variable costs at production of 5300 is = 286200 - 18000 = $268200
The variable cost per unit is = 268200 / 5300 = $50.60
Let x be the number of anchors produced.
The cost equation is = 18000 + 50.60x
At 9000 anchors, the total cost will be,
Total cost = 18000 + 50.60 * (9000) = $473400