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Alex787 [66]
3 years ago
12

Please give me the correct answer ​

Mathematics
1 answer:
sergejj [24]3 years ago
5 0

Answer:

16 units

Step-by-step explanation:

6.1 + 5.8 + 4.1 = 16

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On December 31, 2019, Akron, Inc., purchased 5 percent of Zip Company's common shares on the open market in exchange for $16,050
Anastaziya [24]

The amount reported for the investment in Zip Company by Akron's December 31, 2021, balance sheet is <u>$143,400</u>, which is the fair value of the Common Stock of Zip Company.

<h3>What is the fair value of an investment?</h3>

The fair value of an investment is the current value and not the historical cost when the investment was made.

Fair value refers to the intrinsic worth of an asset or security.

<h3>Data and Calculations:</h3>

           Income   Dividends     Common Stock      Akron's Investment

                           Declared      Fair Value (12/31)     in Zip Company

2019                                             $321,000         $16,050 ($321,000 x 5%)

2020  $79,000   $6,200             376,000        $94,000 ($376,000 x 25%)

2021     89,000    15,800             478,000        $143,400 ($478,000 x 30%)

Excess attributed to share of Zip's franchises = $33,350 ($143,400 - $110,050).

Thus, the amount reported for the investment in Zip Company by Akron's December 31, 2021, balance sheet is <u>$143,400.</u>

Learn more about the fair value of an investment at brainly.com/question/13219936

#SPJ1

5 0
1 year ago
If f(x) = 6 - 5x, what is f(x)^-1? (check attachment)
SCORPION-xisa [38]

f(x) = 6-5x

y = 6-5x .... replace f(x) with y

x = 6-5y .... swap x and y; solve for y

x+5y = 6

5y = 6-x

y = (6-x)/5

f^{-1}(x) = \frac{6-x}{5} ... replace y with the inverse function notation

<h3>Answer: Choice D.</h3>
6 0
3 years ago
While traveling at a constant speed in a car, the centrifugal acceleration passengers feel while the car is turning is inversely
kvv77 [185]

A = k/R where A = acceleration and R = radius of the turn and k is a constant to be found.

Substituting the given values:-

10 = k / 70

k = 10*70 = 700

So the equation of the motion is A = 700 / R

When the radius is 140 the acceleration is 700 / 140 = 5 ft/sec/sec ( answer)

4 0
3 years ago
Today, 6 friends went out for lunch. Their total bill was $27.60, including tax and gratuity. They decided to split the bill equ
Paladinen [302]

Step-by-step explanation:

Right, okay, so this is a bit of a weird one. Let's go step by step.

"Today, 6 friends went out for lunch." = The number 6 is gonna be in our equation somewhere.

"Their total bill was $27.60" = so is the number 27.6

"They decided to split the bill equally" = 27.6 "split equally" (aka divided by) 6 friends is 4.6

"each paid with a $10 bill" = This is where it gets a lil weird. So, if they divided the bill among them, none of their amounts are gonna be anywhere near ten dollars. This is one of those questions that wouldn't really happen in real life. People would probably use fives instead, but whatever. So a number we'll be using for something is 10.

"How much money will each person get back?" = So we have to find the amount they all paid (10) minus the amount each one had to pay (4.6).

To put it all into a full equation...

10 - ( 27.6 / 6 )

Divide.

10 - 4.6

Subtract.

5.4

Put back into money form.

$5.40

Answer:

Each person will get back $5.40.

7 0
3 years ago
Read 2 more answers
1. Use the inequality 12≥6(12x+2).
IgorLugansk [536]

Answer: x≤0 is the answer or (−∞,0

]

Step-by-step explanation:

6 0
3 years ago
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