Answer:
Reporting results
Explanation:
Here reports involve various things like
1. Which of the trucks were parked as on June 30, 2011 at night
2. Figure out the ownership whether it is with the regional delivery service or not
3. Figure out the physical condition of the truck as per the guidelines prescribed
4. Analyze and evaluate the blue book for find out the fair value as per the blue book
These four things should be involved
Answer:
"$224,000" is the correct solution.
Explanation:
The given values are:
Corporation purchased percentage,
= 25%
Original investment,
= $210,000
Short's net income,
= $80,000
Paid cash dividend,
= $24,000
Now,
The share of net income will be:
=
=
= ($)
The cash dividend will be:
=
=
= ($)
hence,
On December 31, 2021, the balance will be:
=
=
=
= ($)