Answer:
$5,000
Explanation:
Calculation to determine what amount should Martin report as investment income from its ownership of Foster's shares
Using this formula
Amount to be reported as investment income=Net income*Percentage of outstanding shares purchased
Let plug in the formula
Amount to be reported as investment income=$25,000 x 20%
Amount to be reported as investment income= $5,000
Therefore The amount that Martin should report as investment income from its ownership of Foster's shares is $5,000
Answer:
A lot of information is missing, but the answer is the same whether we are told about a specific case or not. If the US Supreme Court decided on a similar case that is under trial in Nebraska, the Nebraska court must follow the decision and guidelines of the US Supreme Court.
The Supreme Court is the highest court in the US, and its decisions must be followed by all lower courts. If a lower court doesn't follow a Supreme Court decision on a similar case, then an appellate court would reverse the decision.
The Supreme Court does not create laws, but it decides on how they should be enforced.
the amount transferred from the retained earnings account to the paid-in capital accounts as a result of the stock dividend.
Answer:
The agreement is offering an implied interest rate of 10.16%.
Explanation:
Matthew borrowed $2,587.09 from his friend, but he will return $2,850, as 950 x 3 = 2,850.
Therefore, there is an excedent of $262.91, which constitutes an implied interest on the payment of the loan.
As 2,587.09 is the 100% of the loan, we have to know the percent that 262.91 represents in order to know the interest rate. We can know it by using a crossed multiplication:
2,587.09 = 100
262.91 = X
(262.91 x 100) / 2,587.09 = X
26,291 / 2,587.09 = X
10.16 = X
Therefore, the implied interest rate in this loan is of 10.16%.
<span>Operational management manages activities that are involved in creating value by producing goods and services and distributing them to customers.
</span>Effectiveness is a term used in operational management to describe using resources to create value by providing customers with goods and services that offer a better relationship between price and perceived benefits.
