Answer:
$300,000
Explanation:
The computation of amount will be reported in the balance sheet is shown below:-
Amount that will be reported in the balance sheet = Papa shares × Papa stock per share
= 8,000 × $37.5
= $300,000
Note, When we report on the balance sheet at fair value, the net income has no significant effect on the fair value also in the given situation it is clearly mentioned that Nana does not have significant influence over papa so we will not consider dividend, net income, retained earning when the common stock reporting on the balance sheet at fair value.
Answer:
They have access to enough capital to operate in high cost industries
Explanation:
If a person doesn't trust you then they will tell other people and the other people won't trust you
