Answer:
Correct answer is D $7300
Explanation:
Net income in 2019
$4,500
Net income in 2020
$3,200
Minus: Goodwill from the acquisition impaired in 2019
-$300
Minus: Goodwill from the acquisition impaired in 2020
-$100
Investment in subsidiary account
$7,300
Net income of the subsidiary company will be increasing the parent's asset value on the balance sheet, and any subsidiary's loss or goodwill impairment decreases it.
Answer:
1. Dave has 23 ($10 coins) and 18 ($20) coins.
2. Dave has 18 ($10 coins) and 16 ($20) coins.
Explanation:
1.
Let x be the number of $10 coins.
Then, the number of $20 coins will be 41-x.
The equation for the sum of money can be written as:
590 = 10x + 20 * (41-x)
590 = 10x + 820 - 20x
590 - 820 = -10x
-230 / -10 = x
x = 23
This means that Dave has 23 $10 coins and (41-23 = 18) 18 $20 coins that sum up to a face value of $590.
2.
Using the same priciple,
let x be the number of $10 coins
let 34-x be the number of $20 coins
Sum of money equation:
500 = 10x + 20 * (34-x)
500 = 10x + 680 - 20x
500 - 680 = -10x
-180 / -10 = x
x = 18
So, Dave has 18 $10 coins and (34-18 = 16) 16 $20 coins that add up to a face value of $500.
Like Haley up here did^^^^^^^^
Answer:
B
Explanation:
Answer:
c. Wilma (and each of the members) pays taxes on their $1 million share ($5 million divided by 5) of profits.
Explanation:
Data provided in the questions
Generated profits = $5 million
Reinvested amount into the company = $4 million
Out of which $1 million is to be divided equally
based on the above information, the federal income tax should be paid by 5 members of $1 million each
Hence, the option c is correct
And all other options are wrong
