Assume an investor company acquires for $320,000 an 8% investment in the common stock of an investee company on February 15, 2018. The investor determined the common stock of the investee has a readily determinable fair value. On December 31, 2018, the fair value of the 8% common stock investment is $340,000, and the investor company made made all of the appropriate adjustments in preparation of the annual financial statements. On March 1, 2019, the investor company acquires an additional 17% of common stock of the investee for $765,000, thereby increasing the investor's overall ownership interest to 25%.
Required
a. For this question only, assume instead that the investor determined, on February 15, 2018, that the common stock of the investee does not have a readily determinable fair value. In addition, the investor company determined that the additional 17% common stock purchase on March 1, 2019 does qualify as an observable price change in orderly transaction. Prepare the journal entries the investor company should record on March 1, 2019.
Note: If a journal entry is not required, select "N/A" as your answers for the drop-down options and leave the Debit and Credit answers blank (zero).
Description Debit Credit
To adjust value of investment account.
To record the purchase of additional stock.
b. For this question only, assume instead that the investor determined, on February 15, 2018, that the common stock of the investee does not have a readily determinable fair value. In addition, the investor company determined that the additional 17% common stock purchase on March 1, 2019 does not qualify as an observable price change in orderly transaction. Prepare the journal entries the investor company should record on March 1, 2019.
Note: If a journal entry is not required, select "N/A" as your answers for the drop-down options and leave the Debit and Credit answers blank (zero).
Description Debit Credit
To adjust value of investment account.
To record the purchase of additional stock.

Answer:

Increasing the debt allows government leaders to increase spending without raising taxes.

It can help deal with a crisis.

Explanation:

Answer:

The type of economic system that is used by the USA is a market economic system. This is indicated in the text by the statement that "private individuals can choose where they want to work, own land and businesses".

The type of economic system that is used by Cuba is a planned economic system. This is indicated in the text by the statement that "the government owns the land and businesses and tells people what to produce".

South Africa uses a mixed market economic system.

A planned economic system is characterized by government control and central planning. In such a system, the government determines what goods and services are produced, how they are produced and distributed, and what prices they are sold at. The government also owns and controls all major industries and resources. In contrast, a market economic system is characterized by private ownership of resources and businesses, and the decisions about what goods and services to produce and how to distribute them are made by individuals and firms in the marketplace.

A mixed market economy combines elements of both planned and market economies. Some of the characteristics of a mixed market economy include:

Private ownership of resources and businesses alongside state ownership or control of some resources and industries

Decisions about what goods and services to produce and how to distribute them are made both by individuals and firms in the marketplace and by the government

A mix of government regulation and free market competition to balance the interests of individuals and society as a whole.

Explanation:

a The scatter diagram is attached .

b The correlation coefficient is 0.77. This indicates that there is a strong positive linear relationship between sales and earnings.

b The regression equation is y = 0.09x + 2.2. This equation can be used to predict earnings from sales.

d If a small company has $50.0 million in sales, the estimated earnings are $41.2 million.

Enter the data into a spreadsheet.

Company Sales (millions of dollars) Earnings (millions of dollars)

Papa John's International 89.2 18.6

Applied Innovation 18.2 4.4

Integracare 71.7 1.3

Wall Data 58.6 4.9

Davidson & Associates 46.8 4.6

Chico's FAS 42.0 2.6

Checkmate Electronics 36.0 2.2

Royal Grip 30.0 1.7

M-Wave 24.0 1.5

Serving-N-Slide 18.0 1.3

Daig 12.0 1.1

Cobra Golf 6.0 0.8

Step 2: Use the "Scatter" function to create a scatter diagram.

The scatter diagram shows that there is a positive linear relationship between sales and earnings.

Use the "Correlation" function to calculate the correlation coefficient.

The correlation coefficient is 0.77. This indicates that there is a strong positive linear relationship between sales and earnings.

Use the "Regression" function to calculate the regression equation.

The regression equation is y = 0.09x + 2.2. This equation can be used to predict earnings from sales.

Substitute 50 for x in the regression equation to calculate the estimated earnings.

When x = 50, y = 0.09 * 50 + 2.2 = 41.2.

Therefore, if a small company has $50.0 million in sales, the estimated earnings are $41.2 million.

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Answer:

false. Because you NEED them you dont want them.

Answer:

Your ugly

Explanation:

Answer:

I would say Amazon

Explanation:

Answer:

Apple!

Explanation:

Ranks # 1

The  major difference between cleaning and sanitizing is that Cleaning uses soap to remove debris while sanitizing uses chemicals or heat to kill germs and bacteria

Cleaning regularly is one that is made of the utilize of cleanser, water, and mechanical activity to physically remove earth and grime from surfaces. It is an vital to begin with step within the sanitizing that has been prepared, because it is expelling soil and natural matter that can meddled with the activity of sanitizing operators.

Therefore, Sanitizing, on the other hand, regularly includes the utilize of chemicals or warm to kill or lower the number of hurtful microorganisms on surfaces.

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Medicare is a national health insurance program that help poor people that cannot afford their health insurance or medicines.

The answer is ( insures American’s poorest people)

Answer:

Explanation:

24900 x 1.05^6  = 33368.3815

33368.3815 - 24900 = 8468.3815

9500 - 8468.3815 = 1031.6185 cost assigned before payments

3500-1200 =  2300

therefore cost assigned = 2300 +1031.6185 = 3331.6185

Truck cost = 3331.62

Answer:

c, attention to detail

Explanation:

Utility can be applied in decision-making situations where performance is not solely measured by monetary value.

Utility is a concept that can be used in decision-making scenarios where performance or outcomes are not solely measured by monetary value.

Utility refers to the satisfaction, well-being, or value that an individual derives from a particular outcome or alternative. It provides a framework for decision-makers to consider non-monetary factors and subjective preferences.

In situations where performance is not easily quantifiable in monetary terms, utility can be used to assign subjective values or preferences to different outcomes. Decision-makers can assess the potential utility or satisfaction associated with each alternative and choose the option that maximizes overall utility.

For example, let's consider a decision regarding the selection of a vacation destination. The performance in this case is not directly measured by monetary value, but rather by the level of enjoyment and personal preferences.

Utility theory can be applied by evaluating the potential utility associated with each destination based on factors such as climate, cultural experiences, outdoor activities, and personal interests. Decision-makers can assign subjective values or rankings to these factors and consider their individual utility weights.

By considering utility, decision-makers can make choices that align with their personal preferences and maximize their overall satisfaction or well-being. They may prioritize destinations that offer experiences they value the most, even if it comes at a higher cost or involves trade-offs with other factors.

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The use of satellite night-light data as a method to evaluate economic growth has both strengths and limitations. Reasons for Differences between Traditional Expenditure Approach and Night-light Data: Informal Economy, Data Limitations, Urbanization Bias and Structural Changes.

Here is an evaluation of the night-light data method and several reasons for the differences observed between the traditional expenditure approach and the night-light data:

Evaluation of the Night-light Data Method:

Reasons for Differences between Traditional Expenditure Approach and Night-light Data:

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Answer:

$21,780

Explanation:

Calculation to determine what Jane's should report interest expense at December 31, 2021, in the amount of:

Interest expense at December 31, 2021=$198,000 x 11% x 12/12

Interest expense at December 31, 2021= $21,780

Therefore Jane's should report interest expense at December 31, 2021, in the amount of: $21,780

The demand elasticity is recognise the value which measures the change in the quantity requested whenever the income changes inside a given percentage. Its formula is em = change in percent in M by Q/percent, and the further calculation can be defined as follows:

\(\to em (flops) = \frac{+12\% }{+16\%} = +0.75\) Because em is +, flops are a regular good.

\(\to em (clubs) = \frac{-14\%}{+16\%} = -0.875\ \ or \ -0.88\) Because em is -, clubs are good less.

\(\to em (aces) = \frac{+28\%}{+16\%} = +1.75\) Aces are a normal good since em is +.

The elasticity of luxury goods exceeds that and that's why ACES are luxury goods.

Therefore, the final answer is "Hence".

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Answer: The answer is provided below

Explanation:

a. When the quantity supplied of a particular crop reduces, it will affect the farmer's revenue but this can still be beneficial to the farmer provided these conditions prevails:

• If demand for the crop rises more than its fall in supply, this will lead to a rise in the and price of the crop. Hence, there will also be an increase in the revenue of the farmer and the farmer will try to adjust output and sell at higher prices. Therefore, the excess demand can off set a fall in the supply.

b. We know that the supply of a crop is limited. For example, let's assume that the crop is rice. Now the situation is that people are demanding more beans maybe as a result of festive season. Therefore, everyone will want to purchase rice which will lead to an increase in the price of rice due to excess demand.

The farmer will try as much as possible to maximise profit and will therefore sell the rice at higher price to those that wants to buy. Therefore, it's clear that the farmer can still benefit, even if his supply is limited, but the demand must be greater than its decline in supply.

Answer:

Sole proprietors and partners have unlimited liability. The unlimited liability means that if you're unable to repay the debts of the business, your creditors can go after whatever you own

Answer:

c. III only.

Explanation:

George is responsible for the damages caused but it is also out of control from the George since he does not willingly does the accident. His liability turn out to be $18,000 for the medical care that the victims of the accident incurred. He can exempt his future liability if he can prove that he was covered at state insurance.

The break-even sales for the current year are 32.04 million barrels, rounded to two decimal places.

First, we need to calculate the total fixed costs for the current year

Fixed costs = Total costs - (Variable costs + Cost of goods sold x Variable cost % + Marketing, general, and admin. expenses x Variable cost %)

Fixed costs = $6,512 million - ($1,628 million + $1,221 million + $296 million)

Fixed costs = $3,367 million

Next, we can calculate the contribution margin per barrel:

Contribution margin per barrel = Price per barrel - Variable cost per barrel

We don't have the price per barrel, but we can use the gross profit and the number of barrels sold to calculate the average gross profit per barrel

Average gross profit per barrel = Gross profit / Barrels sold

Average gross profit per barrel = $4,884 million / 37 million barrels

Average gross profit per barrel = $132 per barrel

Assuming variable costs per barrel remain constant, we can use the variable cost % to calculate the variable cost per barrel

Variable cost per barrel = Cost of goods sold x Variable cost % / Barrels sold + Marketing, general, and admin. expenses x Variable cost % / Barrels sold

Variable cost per barrel = $1,628 million x 75% / 37 million barrels + $592 million x 50% / 37 million barrels

Variable cost per barrel = $27.03 per barrel

Therefore, the contribution margin per barrel is

Contribution margin per barrel = $132 - $27.03

Contribution margin per barrel = $104.97

Finally, we can calculate the break-even sales in barrels for the current year

Break-even sales (in barrels) = Fixed costs / Contribution margin per barrel

Break-even sales (in barrels) = $3,367 million / $104.97 per barrel

Break-even sales (in barrels) = 32.04 million barrels

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Answer:

Economic challenges: MTV has to adapt to different economic conditions across the world, for example, diverging currency rates, changing tax regimes, changing economic conditions, vastly different living standards and purchasing power, and so on.

Political challenges: MTV has to face many types of political regimes like functional democracies, flawed democracies, authoritarian regimes, and even dictatorships.

Competitive challenges: MTV has competitors across the world, both in each country, and also at an international level. For this reason, MTV has to adapt is competitive strategy at each leve, and in each country, in order to better face the competitive challenges.

Total balance on Francisco monthly bill is $812.09205.

The total balance can be calculated as follows:

The first step is to find out the total bill without the monthly interest rate. This can be done by add up the unpaid balance and the new charges

=$709.63 + $87.32

= $796.95

The next step is find out the amount of the monthly interest rate on the unpaid balance. This can be done by multiply the interest rate by the result on first step.

=1.9%× $796.95

= $15.14205.

Next is to find out the total bill with the monthly interest rate by add up the total bill without the monthly interest rate and the value of the monthly interest rate.

=796.95+15.14205

= $812.09205.

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Hardwork Or Cheat

.....................................

It provides insights into the relationship between sales volume, costs, and profitability, helping managers make informed decisions about pricing, production levels, and cost management.

CVP analysis allows managers to determine the breakeven point, the level of sales needed to cover all costs, and to assess the impact of changes in sales volume, costs, or prices on the company's profitability. This analysis can guide strategic planning, budgeting, and resource allocation.

As a manager, I find the contribution margin method of income statement format more useful than the traditional financial accounting method. The contribution margin method separates costs into fixed and variable components, allowing for a clearer understanding of how changes in sales volume affect profitability.

It highlights the contribution margin ratio, which indicates the proportion of each sales dollar available to cover fixed costs and contribute to profits.

This format enables managers to analyze cost behavior, identify cost-saving opportunities, and evaluate the financial impact of different sales scenarios. It provides a more focused view of the underlying profitability drivers and aids in decision-making related to pricing, product mix, and cost control.

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To keep people trusting in the decision-making process, there must be the illusion of impartiality. When there is a conflict of interest, you shouldn't participate in the decision-making process.

Emotional processes influence moral judgement by giving moral decision-making scenarios an affective value, which helps to define what behaviours are acceptable and unacceptable (Haidt, 2001).

It is a basic justice principle. Giving equal and/or sufficient regard to the interests of all parties involved is necessary according to the impartiality moral theory. It is predicated on the idea that everyone is, usually speaking, equally significant and that no one is viewed as having more intrinsic value than another.

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The net present value of the project is $-40,793.30.

Net present value is a capital budgeting method that is used to determine the profitability of a project. The net present value is the present value of the cash flows expected from the project less the cost of the project.

When using the net present value, a project should only be accepted if its net present value is positive. This is because it means that the project is profitable.

Cash flow from the project = (amount the project will save the firm - depreciation) x (1 - tax) + depreciation

Terminal year cash flow = salvage value + net working capital - tax(salvage value - book value)

Depreciation = (cost of the asset - salvage value) / useful life

($520,000 - 0) / 5 = $104,000

Cash flow from the project = ($154,000 - $104,000)(1 - 0.23) + 104,000

= ($50,000 x 0.76) + 104,000 = $142,000

Terminal year cash flow = $83,000 + $32,500 - (0.23 x $32,500) = $108,025

Net present value can be calculated using a financial calculator:

Cash flow in year 0 = $520,000 + $32,500 = $552,500

Cash flow from year 1 to 4 = $142,000

Cash flow in y ear 4 = $108,025

I = 11%

NPV = $-40,793.30

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Answer:

They like googIe

Explanation:

The possibility that consumer spending may change before an anticipated change in income actually occurs reflects the importance of consumer D) expectations.

D)Consumer expectations play a vital role in shaping economic behavior and decision-making.

They are influenced by a variety of factors such as economic conditions, personal financial situations, and future prospects.

Consumer expectations refer to individuals' beliefs about the future state of the economy, including their own income levels and employment prospects.

These expectations can significantly impact consumer spending patterns and overall economic activity.

If consumers anticipate an increase in their income in the near future, they may choose to increase their spending even before the actual income change takes place.

This phenomenon is known as the "anticipatory effect" or "income effect" on consumption.

It suggests that consumers do not always wait for their income to change before adjusting their spending habits.

Instead, they act based on their expectations of future income changes.

For example, if consumers anticipate a pay raise or a promotion, they may start spending more in anticipation of the increased income, even if it has not materialized yet.

Consumer expectations can also work in the opposite direction. If consumers anticipate a future decline in income, such as a job loss or an economic downturn, they may reduce their spending in advance to prepare for the anticipated income decrease.

This behavior can have significant implications for economic stability and growth, as it can amplify the impact of economic shocks or changes in income on overall consumer spending and aggregate demand.

Therefore, understanding consumer expectations is crucial for policymakers, businesses, and economists.

It helps them gauge consumer sentiment, predict future spending patterns, and make informed decisions regarding fiscal and monetary policies.

Additionally, accurate assessments of consumer expectations can contribute to a more stable and resilient economy by allowing policymakers to respond effectively to changes in consumer behavior and manage economic fluctuations.

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