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:
= 
= 
= 
($)
hence,
On December 31, 2021, the balance will be:
= 
= 
= 
= 
($)
A drop in interest will result in lower payments because of its overall discretion value
Phil Ruffin bought treasure island
Answer:
true
Explanation:
GAAP does not allow gains or losses to be reported when a corporation reissues its treasury stock.
Answer:
If Verizon charges an optimal two-part price thenconsumer surplus will be zero.
Explanation:
Given a competitive market the consumer surplus will be the area of the demand curve above the market price
This is, between the intersection point with Y axis and a parallel at market price. Ofter represent as a triangle
If a monopolistic company maximize profit It will decrease this consumer surplus as much as it can to gain it from itself.
First it will set price equal to his marginal revenue.
Then, if possible it will charge two tariff a fixed component and a variable component per usage This will extrac all consumer surplus in favor of the firm leaving a consumer surplus of zero.
If Verizon charges an optimal two-part price thenconsumer surplus will be zero.
