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MAXImum [283]
3 years ago
11

On January 1, 2021, Nana Company paid $100,000 for 8,000 shares of Papa Company common stock, which represents 10% ownership. Pa

pa reported net income of $52,000 for the year ended December 31, 2021. The fair value of the Papa stock on that date was $45 per share. What amount will be reported in the balance sheet of Nana Company for the investment in Papa at December 31, 2021
Business
1 answer:
inna [77]3 years ago
7 0

Answer:

$360,000

Explanation:

According to the scenario, computation of given data are as follows,

Nana company bought shares = 8,000

Fair value of share = $45 per share

So, we can calculate the amount to be reported in balance sheet by using following formula,

Amount to be reported in balance sheet = Number of shares bought × Fair value per share

= 8,000 × $45

= $360,000

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n200080 [17]

Answer:

B. $2,190

Explanation:

Calculation for the net present value of the proposal

Using this formula

Net present value=(Annual cash flow×Discounted present value)- Machine purchase amount

Let plug in the formula

Net present value=($14,000 ×5.335)-$72,500

Net present value=$74,690-$72,500

Net present value= $2,190

Therefore the Net present value will be $2,190

6 0
4 years ago
A cost-benefit analysis is a way _____.
deff fn [24]
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3 years ago
The long-run average total cost curve: will rise if diminishing returns are encountered. will fall if diminishing returns are en
bulgar [2K]

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To learn more about cost curve from the given link:

brainly.com/question/25474537

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8 0
1 year ago
Gregory Trout has just received a memo explaining that because of his department's success with the newly developed Trout, Inc.,
disa [49]

Answer:

d. finding the right people

Explanation:

As the George's department had successfully satisfied the needs of the new developed Trout , Inc. IT might happen that work will be extended. This will require Goerge to increase the workforce those are having skill sets that matches the Trout, Inc. needs.

Thus, while recruiting and seelcting for the new positon Georgy will apply HRM goal of finding the right set of people for the required project.

3 0
4 years ago
Jamal needs to add universal action buttons to the slide master. Under which tab can the PowerPoint slide master be found? Desig
lukranit [14]

Answer:

View tab

Explanation:

The PowerPoint slide master can be found in the view section. To find the slide master, click on the view tab in the PowerPoint presentation and scroll to slide master.

Cheers.

8 0
3 years ago
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