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nevsk [136]
3 years ago
8

In a class of 28 students,18 are in Math Club,15 are in Science Club and 8 are in English Club.There are 10 students in both Mat

h and Science Clubs,5 students in both Math and English Clubs,3 students in both English and Science clubs and 2 students in all three clubs.How many students belong in only two clubs?​
Business
1 answer:
ruslelena [56]3 years ago
8 0
18 students belong in two clubs
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Dodge, Incorporated acquires 15% of Gates Corporation on January 1, 2011, for $105,000 when the book value of Gates was $600,000
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Answer:

a. $80,000

Explanation:

In this question we are only concerned about the net income reported by Dodge on its income statement.

First we need to calculate ownership % in 2012 = 15% + 25% = 40%

Net income of 2012 (Gates) = $ 200000

hence Dodge will report net income of 40% of 200000 = $80000

Hence the correct answer is A

Note: Dividends will not affect the investors net income but it would reduce the investment value of Gate reported by Dodge (as it is seen as a return on investment)

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When an accelerated depreciation method is used to calculate depreciation expense: Multiple Choice the accumulated depreciation
erastovalidia [21]

Answer:

the net book value of the asset halfway through its useful life will be less than if straight-line depreciation is used.

Explanation:

Let me use an example to illustrate this.

An asset has a useful life of 4 years. It costs $1000. It has a salvage value of 0

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If double declining method is used, the depreciation expense in the first year would be = 2/4 x $1000 = $500

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We can see that the net book value halfway through the useful is lower when double declining depreciation method is used

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3 years ago
Mark accidentally overheard a confidential phone conversation between his boss and the district manager during which they discus
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-Say nothing to his co-workers since this was a private conversation and he could lose his job if his boss found out he was spreading sensitive company information

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Since in the situation it is mentioned that Mark accidentally heard a confidential phone conversation in which the possibility of layoff in the sales division would be discussed he is not in danger but some of his friends are the sales representatives so mark would not tell anyone as it is a private conversation and he could lose the job if the boss knows that the information is spread by mark

Therefore the second option is correct

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3 years ago
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