Answer:
$1,125,000
Explanation:
The calculation of the Equity Investment balance is shown below:-
Net equity income = Income - Dividends
= $250,000 - $25,000
= $225,000
Amortization of unrecorded patents = $600,000 ÷ 6
= $100,000
Balance of investment = Initial investment + Net equity income - Amortization of unrecorded patents
= $1,000,000 + $225,000 - $100,000
= $1,125,000
Stockbrokers who still had profits on their books were afraid that their profits would disappear.
Stockbrokers who had losses were afraid that those losses might get larger.
Investors decided to get out of the market.
It's a data processor; A conventional personality type likes to work with data and numbers, carry out tasks in detail and follow through on the instruction of others.; Conforming or adhering to accepted standards, as of conduct or taste, conventional behavior. Pertaining to convention or general agreement.