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dolphi86 [110]
3 years ago
7

On January 1, 2021. Nana Company paid $100,000 for 6200 shares of Papa Company common stock The ownership in Papa Company is 10%

. Nana Company does not have significant influence over Papa Company Papa reported net income of $60,000 for the year ended December 31, 2021. The fair value of the Papa stock on that date was 563 per share. What amount will be reported in the balance sheet of Nana Company for the investment in Papa at December 31 2021?
a. $330,600
b. $315,600
c. $390,600
d. $345.600
Business
1 answer:
Tasya [4]3 years ago
4 0
I am pretty sure the answer is b
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Portfolio Beta (LG10-3) You have a portfolio with a beta of 1.16. What will be the new portfolio beta if you keep 90 percent of
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the new portfolio beta is 1.11

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= (1.16 × 0.9) + (0.69 × 0.1)

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Suppose Stark Ltd. just issued a dividend of $1.59 per share on its common stock. The company paid dividends of $1.25, $1.33, $1
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Answer:

Explanation:

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geometric growth rate = ⁴√{0.064 x 0.053 x 0.079 x 0.053} = 0.061%

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