Answer:
The Total amount shown in income statement as income from this investment is $ 27,200.00
Explanation:
In order to calculate the effect of this investment on the 2021 income statement we would have to make the following calculation:
effect of this investment on the 2021 income statement= Dividend received by Howdy Doody corporation+Increase in Fair value of Stock credited to income statement
Dividend received by Howdy Doody corporation=$60,000 x 12%= $7,200.00
Increase in Fair value of Stock credited to income statement=$70,000-$50,000=$ 20,000.00
Therefore, effect of this investment on the 2021 income statement= $7,200.00
+$ 20,000.00
=$27,200
The Total amount shown in income statement as income from this investment is $ 27,200.00
The inventory cost flow assumption does inventory on the balance sheet best approximate its current cost is first-in, first-out.
Both the raw materials used in production and the finished commodities that are offered for sale are included in the definition of inventory. One of a company's most valuable assets is its inventory because it is one of the main sources of revenue generation and, consequently, a source of profits for the company's shareholders. There are three different categories of inventory: finished commodities, work-in-progress, and raw materials. On the balance sheet of a company, it is listed as a current asset.
Both the products that are on hand for sale and the raw materials required to make those products are considered inventory.
On the balance sheet of an organization, it is categorized as a current asset.
The three different categories of inventory are raw materials, finished commodities, and work-in-progress.
The first-in, first-out method, the last-in, first-out method, and the weighted average method are the three methods used to value inventory.
Learn more about inventory here:
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Let x be the number of children
Let y be the number of adults
Equation 1: x + y = 9
Equation 2: y = 9 - x
210x + 315y = 2205
210x + 315 (9-x) = 2205
210x + 2835 - 315x = 2205
2835 - 2205 = 315x - 210x
630 = 105x
630/105 = 105x/105
6 = x
There are 6 numbers of children.
To get the y, use the Equation 2: y = 9 - 6 ---> y = 3
Therefore there are 3 adults on the trip.
Answer:
The correct answer is letter "B": increase the level of interest among consumers.
Explanation:
After consumers realized a new product has been introduced into the market, marketing executives must find out the way to keep those customers interested in the product. Thus, they will become regular consumers of the good or service offered which implies the company would have a stable income to keep the business going.
John's reaction is an example of the bystander effect.
It means that he will just continue staring at the accident because he is curious as to what happened and he wants to see how the event is resolved, however, he is not really willing to do anything to help the people involved - he will just assume someone else will do that.
